By Marisa Wong
Los Angeles, April 28 – Indiabulls Housing Finance Ltd. announced that its board of directors has approved the allotment of Rs. 1,337,410,000 of secured redeemable non-convertible debentures in eight series,
The tranche I issue opened on March 30 and closed on April 22, according to a company notice.
The company allotted the following amounts:
• Rs. 491,439,000 of series I debentures;
• Rs. 134,109,000 of series II debentures;
• Rs. 92,785,000 of series III debentures;
• Rs. 226,607,000 of series IV debentures;
• Rs. 64,111,000 of series V debentures;
• Rs. 106,962,000 of series VI debentures;
• Rs. 106,843,000 of series VII debentures; and
• Rs. 114,554,000 of series VIII debentures.
The company provides financing for commercial vehicles and is based in Mumbai.
| Issuer: | Indiabulls Housing Finance Ltd.
|
| Issue: | Secured redeemable non-convertible debentures, tranche I
|
| Amount: | Rs. 1,337,410,000
|
| Offer period: | March 30-April 22
|
|
|
| Series I
|
| Amount: | Rs. 491,439,000
|
|
|
| Series II
|
| Amount: | Rs. 134,109,000
|
|
|
| Series III
|
| Amount: | Rs. 92,785,000
|
|
|
| Series IV
|
| Amount: | Rs. 226,607,000
|
|
|
| Series V
|
| Amount: | Rs. 64,111,000
|
|
|
| Series VI
|
| Amount: | Rs. 106,962,000
|
|
|
| Series VII
|
| Amount: | Rs. 106,843,000
|
|
|
| Series VIII
|
| Amount: | Rs. 114,554,000
|
|
|
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