Indiabulls Housing Finance has raised Rs 250 crore through Non-Convertible Debentures (NCDs) and allotted 2,500 Secured, Redeemable, NCDs of face value Rs 10 lakh each, on a private placement basis. Date of Maturity of NCDs is on December 30, 2021. The said NCDs are proposed to be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India.
Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).