Dewan Housing Finance Corporation (DHFL) is planning to raise funds through issue of Secured Redeemable Non-Convertible Debentures (NCDs) amounting to Rs 1,000 crore plus a Greenshoe option of upto Rs 1,000 crore on Private Placement basis. The Deemed date of allotment is August 31, 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.
