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Indiabulls Housing
Finance Limited

Public issue of secured redeemable non-convertible debentures and/or unsecured, subordinated, redeemable non-convertible debentures#

Tranche Ⅰ Issue Open for Subscription

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Tranche Ⅰ Issue Open**

Issue Opens On:

Monday, September 6th, 2021

Issue Closes On:

Monday, September 20th, 2021

  • Security cover of 1.25 times on the principal amount and interest thereon
  • Minimum Application of ₹10,000/- (10 NCDs) across all series (and in multiple of 1 NCD thereafter)
  • Tenure: 24 Months, 36 Months, 60 Months & 87 Month for respective series
  • Interest option: Monthly, Annual and Cumulative
  • Allotment on first come first serve basis
  • No TDS applicable

# The Unsecured NCDs shall be in the form of subordinated debt eligible for Tier II Capital

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