Indiabulls Housing Finance Limited NCD Details
| Tranche II Issue opens | Monday, September 05, 2022 |
| Tranche II Issue closes | Thursday, September 22, 2022 |
| Allotment | First Come First Serve Basis |
| Face Value | Rs.1,000 per NCD |
| Issue Price | Rs.1,000 per NCD |
| Nature of Instrument | Secured Redeemable Non-Convertible Debentures |
| Minimum | 10 NCDs (Rs.10, 000) & in multiple of 1NCD |
| Listing: | BSE and NSE |
| Rating: | “CRISIL AA/Stable” (pronounced as CRISIL double A rating with stable outlook), by CRISIL Ratings Limited and “[ICRA]AA (Stable)” (pronounced as ICRA double A rating with a stable outlook), by ICRA |
Specific Terms of the Prospectus:
The terms of the NCDs offered pursuant to the Issue are as follows:
| Series | I | II | III | IV* | V | VI | VII | VIII |
| Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Monthly |
| Tenor | 24 Months | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months |
| Coupon (% per annum) for NCD Holders in Category I & II | 8.65% | NA | 8.33% | 8.80% | NA | 8.47% | 9.05% | 8.70% |
| Coupon (% per annum) for NCD Holders in Category III & IV | 9.05% | NA | 8.70% | 9.30% | NA | 8.94% | 9.55% | 9.15% |
| Effective Yield (per annum) for NCD Holders in Category I & II | 8.64% | 8.65% | 8.65% | 8.79% | 8.80% | 8.79% | 9.04% | 9.05% |
| Effective Yield (per annum) for NCD Holders in Category III & IV | 9.04% | 9.05% | 9.05% | 9.29% | 9.30% | 9.31% | 9.54% | 9.54% |
| Amount (₹ / NCD) on Maturity for NCD Holders in Category I & II | ₹1,000 | ₹1,180.75 | ₹1,000 | ₹1,000 | ₹1,288.21 | ₹1,000 | ₹1,000 | ₹1,000 |
| Amount (₹ / NCD) on Maturity for NCD Holders in Category III & IV | ₹1,000 | ₹1,189.47 | ₹1,000 | ₹1,000 | ₹1,306.07 | ₹1,000 | ₹1,000 | ₹1,000 |
Indiabulls Housing Finance Limited NCD
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