Indiabulls Housing Finance has raised funds aggregating to Rs 39.90 crore through allotment of its second tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each on Private Placement basis.
The company has allotted Option-I NCDs worth Rs 35 crore, with a tenor of 1082 days and it will mature on June 15, 2021 and the company has also allotted Option-II NCDs worth Rs 4.9 crore, with a tenor of 1399 days and the NCDs will mature on April 28, 2022.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).
