SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GIC Housing Finance planning to raise up to Rs 2,500 crore

26 Aug 2022 Evaluate

GIC Housing Finance is planning to raise up to Rs 2,500 crore by issuing bonds on a private placement basis to augment its capital resources. The housing financier will seek approval from its shareholders on the capital raise plan in the upcoming annual general meeting on September 23, 2022.

Seeing the long-term borrowing requirement of the company and to augment resources at a cheaper rate of interest, approval is sought to mobilise some more funds by way of issue of redeemable NCDs/bonds on private placement basis.

GIC Housing Finance’s primary business is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.

GIC Housing Fin Share Price

153.55 1.00 (0.66%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×