Indiabulls Housing Finance has launched an NCD issue worth Rs 900 crore, where you can invest as little as Rs 10,000. We have compiled a list of the pros and cons of investing in NCDs.
The application filed by NGO Citizens Whistle Blowers Forum sought to restrain Sameer Gehlaut from selling or transferring any further stake in the company.
The 40 acre land parcel at Sector 106 in Gurugram is fully licensed. Out of that, 30 acres are meant for residential development and 10 acres for commercial projects.
Diabetes, or high blood glucose levels, is a lifestyle disorder that is extremely tricky to manage. It can get in the way of life and, in time, disrupt one's peace and daily schedule if not taken care of.
The Reserve Bank of India had on November 12, 2021, introduced tighter asset quality reporting norms for all lenders, which brought in housing financiers and non-banking financial companies on par with commercial banks
Indiabulls Housing Finance share price soared on reports that Sameer Gehlaut, the founder of mortgage financier, will sell an 11.9 percent stake in the company.
In a statement, the company said the base issue size is of Rs 100 crore with option to retain over subscription up to Rs 700 crore.
The issue has a base size of Rs 200 crore with an option to retain oversubscription up to Rs 800 crores, aggregating to up to Rs 1,000 crore, the company said in a regulatory filing on Wednesday.
Societe General and BNP Paribas Arbitrage divested about 51 lakh shares in Indiabulls Housing Finance for approx Rs 113 crore in open market transactions.
NSE Nifty dipped 143 points and closed at 17,873 levels whereas BSE Sensex slipped 433 points and closed at 59,919 levels on Thursday.
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