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Indiabulls Housing Finance to launch Rs 1,000 crore public issue of bonds

03 Sep 2021 Evaluate

Indiabulls Housing Finance is planning to launch a public issue of bonds next week to raise up to Rs 1,000 crore. The public issue is of secured/and or unsecured, redeemable, non-convertible debentures of face value of Rs 1,000 each. The tranche I issue will open on September 6 and close on September 20, 2021.

Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).

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