"Unlocking Financial Potential: A Comprehensive Guide to Indiabulls NCDs"

 In today's dynamic world of investments, securing a stable financial future is a priority for many. One intriguing avenue that has garnered considerable attention is the Non-Convertible Debentures (NCDs) offered by Indiabulls Housing Finance Limited. In this article, we'll take a deep dive into this investment option, which could be a valuable addition to your portfolio.

Company Overview

Indiabulls Housing Finance Limited, established in 2005, stands tall as one of India's largest housing finance companies. It proudly serves as the flagship entity of the Indiabulls Group, providing a wide array of services ranging from Home Loans and Home Renovation Loans to Rural Home Loans and Home Extension Loans.

As of September 30, 2022, the company boasts an extensive network of 164 branches across India, ensuring a nationwide presence for customer interaction and service. Moreover, the company employs a dedicated sales team of 2,200 professionals spread throughout its network.

Indiabulls Housing Finance Limited holds a robust long-term credit rating of "AA; Outlook Stable" from CRISIL and ICRA, along with a "AA; Outlook Negative" rating from CARE Ratings. Its non-convertible debentures and subordinated debt program have earned a "AA+; Outlook Stable" rating from Brickwork Ratings.

Indiabulls NCD Issue Details

Here's a quick overview of the essential details about the Indiabulls Housing Finance Limited NCD:

·         Issuer: Indiabulls Housing Finance Limited Tranche II Issue

·         Instrument: Secured Redeemable Non-Convertible Debentures (NCDs)

·         Issue Opens: Wednesday, September 6, 2023

·         Issue Closes: Wednesday, September 20, 2023

·         Issue Size: Rs. 100 Crore with an option to retain oversubscription up to Rs. 100 Crore, aggregating up to Rs. 200 Crore

·         Issue Price / Face Value: Rs. 1,000/- per NCD

·         Minimum Application: Rs. 10,000/- (10 NCD) and in multiples of Rs. 1,000/- (1 NCD) thereafter

·         Credit Rating: "CRISIL AA/Stable" by CRISIL Ratings Limited and "[ICRA] AA (Stable)" by ICRA Limited

·         Registrar: KFIN Technologies Limited

·         Listing: The NCDs are proposed to be listed on BSE

Category Allocation

The NCDs are distributed across four segments with specific allocations:

·         Category I - Institutional: 30%

·         Category II - Non-Institutional: 10%

·         Category III - HNI: 30%

·         Category IV - Retail: 30% 

Conclusion

Indiabulls NCDs offer an enticing investment opportunity for both individuals and institutions alike. With a solid credit rating and a range of series to choose from, investors can tailor their investments to align with their financial objectives and risk tolerance. However, it's advisable to conduct thorough research and consult financial experts before making any investment decisions to ensure that these NCDs fit seamlessly into your overall investment strategy.

In an ever-evolving financial landscape, Indiabulls NCDs present a promising path towards financial security and growth. Consider exploring this opportunity to bolster your investment portfolio and work toward achieving your financial goals.

Source :- https://ext-6167199.livejournal.com/8449.html