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Indiabulls Real Estate raises Rs 50 crore through NCDs

13 Nov 2020 Evaluate

Indiabulls Real Estate has raised Rs 50 crore through Secured Redeemable Non-Convertible Debentures (NCDs) and allotted 500, 10.50% p.a. NCDs having face value Rs 10 lakh each on a private placement basis.

Indiabulls Real Estate is India's third largest real estate company, with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros.

Peers
Company Name CMP
Lodha Developers 1039.50
Prestige EstatesProj 1432.80
Dilip Buildcon 379.00
DLF 694.35
Oberoi Realty 1655.00
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