Indiabulls Housing Finance Ltd NCD IPO: Here's What You Need To Know

Welcome to the new age of IPOs. India is one of the most promising and growing economies in the world and it has plenty to offer people who are interested in investing. At the same time, it's also a complex nation with a lot of different dynamics at play. This is why we have created this article - to explain everything you need to know about this IPO and what makes it so interesting!

What is the Indiabulls Housing Finance Ltd NCD IPO?

Indiabulls Housing Finance Ltd is a mortgage lender based in India that was founded in 2005. The company offers home loans, loan against property, and commercial real estate finance. It also has a presence in Dubai and Singapore.

The Indiabulls Housing Finance NCD IPO is an initial public offering of non-convertible debentures by the company. The aim of the NCD issue is to raise funds for the company's growth and expansion plans. The NCD issue will be open for subscription from October 7, 2019 to October 11, 2019.

The NCDs offered by the company are unsecured, redeemable, and listed on the BSE and NSE. They have a face value of Rs 1,000 and are offered in four series with different maturity periods ranging from 3 years to 10 years. Interest on the NCDs will be paid monthly or annually at the option of the investor.

The allotment of NCDs will be done on a first-come-first-serve basis and no application for more than Rs 2 lakh will be considered. Applications can be made online or offline through brokerages.

When will the IPO hit the market?

The Indiabulls Housing Finance Ltd NCD IPO is set to hit the market on October 1, 2019. The company has set a price band of Rs 1,518-1,520 per share for the IPO. The offer will close on October 3, 2019.

What are the requirements for investment in an IPO?

If you're looking to invest in the Indiabulls Housing Finance Ltd NCD IPO, there are a few things you need to know. First and foremost, you'll need to be an accredited investor. This means that you must meet certain criteria set forth by the Securities and Exchange Board of India (SEBI). In order to be an accredited investor, you must:

- Be a company with a net worth of at least Rs. 500 crore or - Be an individual with a net worth of at least Rs. 50 lakh - Be a qualified institutional buyer - Be a registered foreign institutional investor

If you meet one of the above criteria, you can move on to the next step, which is due diligence. Once you've done your research and are confident in your investment, you can then apply to participate in the IPO. The final step is allocation, which is when SEBI will determine how many shares you're allotted based on the size of your investment.

Who are behind this new IPO?

Indiabulls Housing Finance Ltd is a well-known name in the housing finance sector. The company has been in operation for over a decade and has helped countless people with their home loan needs. Now, the company is looking to raise additional funds through an IPO.

The Indiabulls Housing Finance Ltd NCD IPO will be managed by ICICI Securities, HDFC Bank, and Kotak Mahindra Capital Company. The IPO is scheduled to open on July 15th and will close on July 19th. The price band for the IPO has been set at Rs 1,345 to Rs 1,350 per share.

The minimum investment amount is set at Rs 10,000 and investors can apply for up to 10 lots. The shares will be allotted on a first-come-first-served basis. The listing of the shares is expected to take place on July 26th.

The proceeds from the IPO will be used towards funding the growth plans of the company. This includes expanding its branch network, increasing its customer base, and improving its technology infrastructure. Additionally, a portion of the proceeds will also be used towards repaying certain debts of the company.

Will this be a profitable investment?

When it comes to investments, there are no guarantees. But if you're thinking about investing in Indiabulls Housing Finance Ltd's NCD IPO, here are a few things to keep in mind that could help you decide if it's the right move for you.

Indiabulls Housing Finance Ltd is one of India's leading housing finance companies. They're currently offering non-convertible debentures (NCDs) with interest rates ranging from 8.95% to 9.45%. The NCDs have a tenure of 3 or 5 years, and are being offered at a price of Rs 1,000 per NCD.

The question is: will this be a profitable investment?

Here are a few things to consider:

1. The interest rates on offer are higher than what you would get from a bank deposit. For example, the State Bank of India is currently offering fixed deposits with an interest rate of 7.5%. So if you're looking for higher returns, Indiabulls Housing Finance Ltd's NCDs could be a good option.

2. The company has a strong track record and is backed by experienced promoters. This gives them the ability to weather economic downturns better than many other companies.

3. The NCDs are rated 'AAA' by Crisil and ICRA, which indicates that they offer high safety and stability.

4. You can choose to receive interest payments monthly, quarterly, half-yearly, or annually. This gives you the flexibility to choose how you want to receive your returns.

5. The NCDs are listed on the BSE and NSE, which makes them easily tradable.

Based on these factors, it seems like Indiabulls Housing Finance Ltd's NCDs could be a good option for those looking for higher returns with minimal risk.