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Indiabulls Housing Finance Limited
Issue Size (Net)
upto to Rs.200 Crore
Credit Ratings
“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 Limited
Issue Opening Date
September 6, 2023
Issue Closing Date
September 20, 2023
ROI Chart Term Sheet Company Highlights Financials Highlights Prospectus
Specific Terms for Each Series of NCDs
Series I II III IV V VI VII VIII IX X XI XII
Frequency of Interest Payment Annual Monthly Cumulative Annual Monthly Cumulative Annual Monthly Annual Monthly Annual Monthly
Tenor 24 Months 24 Months 24 Months 36 Months 36 Months 36 Months 60 Months 60 Months 84 Months 84 Months 120 Months 120 Months
Coupon (per annum)I & II 9.25% 8.88% NA 9.40% 9.02% NA 9.65% 9.25% 10.00% 9.57% 10.25% 9.80%
Coupon (per annum)III & IV 9.65% 9.25% NA 9.90% 9.48% NA 10.15% 9.71% 10.50% 10.03% 10.75% 10.25%
Effective Yield (per annum) I&II 9.24% 9.24% 9.25% 9.39% 9.39% 9.40% 9.64% 9.64% 9.99% 9.99% 10.24% 10.24%
Effective Yield (per annum) III & IV 9.64% 9.64% 9.65% 9.88% 9.89% 9.90% 10.14% 10.14% 10.49% 10.49% 10.74% 10.74%
"Redemption Amount I & II" Rs. 1000 Rs. 1000 Rs.1,193.85 Staggered Redemptio n in Three(3) annual payments of ₹ 333.33 for year 1,₹ 333.33 for year 2 and ₹333.33 for year 3 starting from 1st Anniversary* until Maturity Staggered Redemptio n in Three(3) annual payments of ₹ 333.33 for year 1, ₹ 333.33for year 2 and ₹333.33 foryear 3 starting from 1st Anniversary* until Maturity Rs.1,309.70 Staggered Redemptio n in Five (5) annual payments of ₹200 each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Five(5) annual payments of ₹200each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Seven(7) annual payments of ₹142.86each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Seven(7) annual payments of ₹142.86each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Ten(10) annual payments of ₹100each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Ten(10) annual payments of ₹100each, starting from 1st Anniversar y* until Maturity
Redempti on Amount (₹ / NCD)on Maturity for NCD Holders in Rs. 1000 Rs. 1000 Rs. 1,202.65 Staggered Redemptio n in Three(3) annual payments of ₹ 333.33 for year 1,₹ 333.33for year 2 Staggered Redemptio n in Three(3) annual payments of ₹ 333.33for year 1,₹ 333.33for year 2 Rs.1,327.75 staggered Redemptio n in Five(5) annual payments of ₹200each, starting from 1st Staggered Redemptio n in Five(5) annual payments of ₹200each, starting from 1st Staggered Redemptio n in Seven(7) nnual payments of ₹142.86each, starting from 1st Staggered Redemptio n in Seven(7) annual payments of ₹142.86each, starting from 1st Staggered Redemptio n in Ten(10) annual payments of ₹100each, starting from 1st Staggered Redemptio n in Ten(10) annual payments of ₹100each, starting from 1st
1.Company Information

Incorporated in 2005, the company engages in providing mortgage lending services. Indiabulls Housing Finance Limited is one of the largest housing finance companies in India and is the flagship company of Indiabulls Group. The company offers various services like Home Loans, Home Renovation Loans, Rural Home Loans, and Home Extension Loans among others.

As of September 30, 2022, The company has a network of 164 branches spread across India, which gives us a pan-India presence and allows us to interact with and service the customers. As of September 30, 2022, the company have a direct sales team of 2,200 employees who were located across the network.

The company has a long-term credit rating of "AA; Outlook Stable" from CRISIL and ICRA, "AA; Outlook Negative" from CARE Ratings and "AA+; Outlook Stable" from Brickwork Ratings for non-convertible debentures and subordinated debt programme.

2. Ratings

CRISIL AA/Stable by CRISIL Ratings Limited and [ICRA]AA (Stable) by ICRA Limited.

3.Indiabulls Housing Finance Tranche I NCD July 2023 Registrar

Kfin Technologies Limited

KFintech, Tower-B, Plot No 31 & 32,

   Financial District, Nanakramguda, Gachibowli,

    Hyderabad, Telangana India - 500 032.

Phone:+91-04067162222, 04079611000

Email: ibhl.ncdipo@kfintech.com

Website:Website: Website: Website: https://kosmic.kfintech.com/ipostatus/

Indiabulls Housing Finance Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
31-Mar-21
93239.03
10030.12
1201.59
16076.03
31-Mar-22
81973.32
8,993.90
1177.74
16616.23
31-Mar-23
74945.24
8725.79
1129.69
17303.42
Issuer Indiabulls Housing Finance Limited Tranche II Issue
Instrument Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on Wednesday, September 6, 2023
Issue Closes on Wednesday, September 20, 2023
Issue Size Rs. 100 Crore with an option to retain oversubscription up to Rs. 100 Crore aggregating upto to Rs.200 Crore
Issue Price / Face Value Rs.1,000/- per NCD
Minimum Application Rs.10,000/- (10 NCD) and in multiples of Rs.1,000/- (1 NCD) thereafter.
Credit 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 Limited
Registrar KFIN Technologies Limited
Listing The NCDs are proposed to be listed on BSE
Category I - Institutional II - Non-Institutional III -HNI IV-Retail
Category Allocation 30% 10% 30% 30%
Put/Call Option N.A.
Mode of Allotment Compulsorily in dematerialized form.
Allotment First Come First Serve Basis.
Depositories NSDL and CDSLL
Specific Terms for Each Series of NCDs
Series I II III IV V VI VII VIII IX X XI XII
Frequency of Interest Payment Annual Monthly Cumulative Annual Monthly Cumulative Annual Monthly Annual Monthly Annual Monthly
Tenor 24 Months 24 Months 24 Months 36 Months 36 Months 36 Months 60 Months 60 Months 84 Months 84 Months 120 Months 120 Months
Coupon (per annum)I & II 9.25% 8.88% NA 9.40% 9.02% NA 9.65% 9.25% 10.00% 9.57% 10.25% 9.80%
Coupon (per annum)III & IV 9.65% 9.25% NA 9.90% 9.48% NA 10.15% 9.71% 10.50% 10.03% 10.75% 10.25%
Effective Yield (per annum) I&II 9.24% 9.24% 9.25% 9.39% 9.39% 9.40% 9.64% 9.64% 9.99% 9.99% 10.24% 10.24%
Effective Yield (per annum) III & IV 9.64% 9.64% 9.65% 9.88% 9.89% 9.90% 10.14% 10.14% 10.49% 10.49% 10.74% 10.74%
"Redemption Amount I & II" Rs. 1000 Rs. 1000 Rs.1,193.85 Staggered Redemptio n in Three(3) annual payments of ₹ 333.33 for year 1,₹ 333.33 for year 2 and ₹333.33 for year 3 starting from 1st Anniversary* until Maturity Staggered Redemptio n in Three(3) annual payments of ₹ 333.33 for year 1, ₹ 333.33for year 2 and ₹333.33 foryear 3 starting from 1st Anniversary* until Maturity Rs.1,309.70 Staggered Redemptio n in Five (5) annual payments of ₹200 each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Five(5) annual payments of ₹200each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Seven(7) annual payments of ₹142.86each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Seven(7) annual payments of ₹142.86each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Ten(10) annual payments of ₹100each, starting from 1st Anniversar y* until Maturity Staggered Redemptio n in Ten(10) annual payments of ₹100each, starting from 1st Anniversar y* until Maturity
Redempti on Amount (₹ / NCD)on Maturity for NCD Holders in Rs. 1000 Rs. 1000 Rs. 1,202.65 Staggered Redemptio n in Three(3) annual payments of ₹ 333.33 for year 1,₹ 333.33for year 2 Staggered Redemptio n in Three(3) annual payments of ₹ 333.33for year 1,₹ 333.33for year 2 Rs.1,327.75 staggered Redemptio n in Five(5) annual payments of ₹200each, starting from 1st Staggered Redemptio n in Five(5) annual payments of ₹200each, starting from 1st Staggered Redemptio n in Seven(7) nnual payments of ₹142.86each, starting from 1st Staggered Redemptio n in Seven(7) annual payments of ₹142.86each, starting from 1st Staggered Redemptio n in Ten(10) annual payments of ₹100each, starting from 1st Staggered Redemptio n in Ten(10) annual payments of ₹100each, starting from 1st
Prospectus File
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