+
 Indiabulls Housing Finance plans to raise 1,000 cr via public bonds
Real Estate

Indiabulls Housing Finance plans to raise 1,000 cr via public bonds

Indiabulls Housing Finance, a major player in the housing finance league in India announced that it will be raising Rs 1,000 crore. The amount will be raised by an issue of public bonds that will be opening next week.

Like secured redeemable non-convertible debentures (NCDs), the base issue size of the bonds is Rs 200 crore. This comes along with an option of retaining oversubscription to hit Rs 800 crore. Which will further be aggregating up to Rs 1,000 crore, mentioned in the regulatory filing by the Indiabulls Housing Finance.

The date on which the issue opens is December 9 and the date on which it will be closed is December 20. The bonds have been acquired as an AA or stable by Crisil and BWR.

Image Source

Also read: Indiabulls Housing Finance notes 11% drop in net profit at Rs 286 cr
Also read: Indiabulls Housing Finance raises $165 mn by selling convertible bonds

Indiabulls Housing Finance, a major player in the housing finance league in India announced that it will be raising Rs 1,000 crore. The amount will be raised by an issue of public bonds that will be opening next week. Like secured redeemable non-convertible debentures (NCDs), the base issue size of the bonds is Rs 200 crore. This comes along with an option of retaining oversubscription to hit Rs 800 crore. Which will further be aggregating up to Rs 1,000 crore, mentioned in the regulatory filing by the Indiabulls Housing Finance. The date on which the issue opens is December 9 and the date on which it will be closed is December 20. The bonds have been acquired as an AA or stable by Crisil and BWR. Image Source Also read: Indiabulls Housing Finance notes 11% drop in net profit at Rs 286 cr Also read: Indiabulls Housing Finance raises $165 mn by selling convertible bonds

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?