Dewan Housing Finance Corporation (DHFL) is planning to raise funds through issue of Secured Redeemable Non-Convertible Debentures (NCDs) amounting to Rs 1,500 crore plus a Greenshoe option of upto Rs 500 crore on Private Placement basis. The opening date of issue is September 05, 2018 and the instrument tenure is 3 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.
