Indiabulls Housing Finance has raised funds through allotment 2,500 Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each, aggregating to Rs 250 crore. The date of allotment is December 11, 2018, with a tenure of 18 Months and the date of maturity is June 11, 2020.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).