Dewan Housing Finance Corporation (DHFL) is planning to raise funds by way of issuance of Secured Redeemable Non Convertible Debentures (NCDs) amounting to Rs 500 crore plus a Greenshoe option of upto Rs 500 crore on Private Placement basis. The issue will open on August 27, 2018 and will close on the same day. Deemed date of allotment is August 28, 2018 with a tenure of 4 years.
DHFL is one of India’s premier housing finance companies and is among the oldest private sector Housing Finance Companies (HFC) in India. The company was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India.
