Indiabulls Housing Finance has raised fund aggregating to Rs 100 crore through allotment of its fifteenth tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each on Private Placement basic. The allotment date of the NCDs is May 30, 2018, with a tenor of 5 years and has a maturity date on May 30, 2023.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).