Indiabulls Ventures has raised funds around Rs 1480 crore. The Allotment Committee of the Board of Directors of the company, in its meeting held on December 4, 2018, has issued and allotted an aggregate of 2,69,09,089 Compulsorily Convertible Debentures of face value of Rs 550 each (CCDs), for a value aggregating to approximately Rs 1480 crore, to certain foreign investors.
Indiabulls Ventures acts as a stock and share broker on the National Stock Exchange of India (NSE), BSE, depository participants and other related services. The company’s primary businesses include Broking and Related activities, and Lease Rental activities.
