Indiabulls Housing Finance has raised funds aggregating to Rs 150 crore through allotment of its third tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each on Private Placement basis. The date of allotment is July 30, 2018, with a tenor of 5 years and it will mature on July 28, 2023.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).