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

13 Dec 2021 CW Team

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

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..