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Indiabulls Real Estate raises Rs 75 crore through NCDs

16 Dec 2021 Evaluate

Indiabulls Real Estate has raised Rs 75 crore through Secured Redeemable Non-Convertible Debentures (NCDs) on Private Placement basis. The date of maturity of the said Non-Convertible Debentures will be December 15, 2022 and coupon rate is 10.50% p.a. 

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 1102.05
Prestige EstatesProj 1444.95
Dilip Buildcon 408.35
DLF 641.65
Oberoi Realty 1738.80
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