Open an Account
search icon
3
NOTIFICATIONS
Best Algo trading app in India
Bigul

Allotment Of Secured, Redeemable, Non-Convertible Debentures On A Private Placement Basis Intimation Under SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 With reference to our letter of November 10, 2016 intimating the Company's proposal to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakhs each ('NCDs') aggregating Rs. 6000 Crores, on a private placement basis, and pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that in terms of the Board authorization dated October...
23-03-2017
Bigul

Allotment Of Secured, Redeemable, Non-Convertible Debentures On A Private Placement Basis Intimation Under SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 With reference to our letter of November 10, 2016 intimating the Company's proposal to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakhs each ('NCDs') aggregating Rs. 6000 Crores, on a private placement basis, and pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that in terms of the Board authorization dated October...
22-03-2017
Bigul

Allotment Of Secured, Redeemable, Non-Convertible Debentures On A Private Placement Basis Intimation Under SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 With reference to our letter of November 10, 2016 intimating the Company's proposal to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakhs each ('NCDs') aggregating Rs. 6000 Crores, on a private placement basis, and pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that in terms of the Board authorization dated October...
21-03-2017
Bigul

Updates

 Pursuant to Regulation 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby certify that our Company has made timely payment of interest / principal (as the case may be) in respect of the following NCDs issued by our Company, on private placement basis and listed on the Debt Segment of the Stock Exchange: ISINISIN DescriptionCorporate ActionInterest...
21-03-2017

Indiabulls Housing Finance hits new highs as it raises funds

 Indiabulls Housing Finance saw its share price close at a new 52 week high on Friday, and the company's strong fundamentals and stellar Q3 results have helped make it a darling of medium and long-term investors. The company's operating margins - over 80% - and YoY net profit growth of 25% in the most recent Q3 have kept it in the spotlight. The firm's loan assets have grown by 30.8% YoY in Q3, beating industry averages. Disbursement growth was robust at 41% YoY vs 10% in Q2. Both foreign investors and mutual funds are paying more attention to the stock in recent weeks, which has helped drive up the share price of the company. The macro-environment has improved for Housing Finance Companies lin general. RBI has reduced risk weights on bank lending to AAA rated HFCs to 20% from 100%. IRDA has exempted investments in AAA rated HFCs from sectoral caps. SEBI has recently announced that debt mutual funds can now invest up to 15 percent of their total net assets in housing finance companies. It is likely that the broader environment for Indiabulls Housing and other HFCs will continue improving post-demonetization. The fall in real-estate prices since November have lowered EMI costs, and is encouraging customers to consider home purchases. The Indiabulls management notes that with lower prices and tax exemptions, "it is cheaper to own a house than to rent it," which becomes a rising tide lifting the entire HFC industry. The company has focused on fundraising for expansion, primarily through NCDs, and authorized raising Rs. 6,000 crore of secured NCDs through private placement. The firm raised its sixth tranche of NCDs on March 17, of Rs. 50 crore. Indiabulls Housing is one of the many companies raising the majority of their funds through NCDs, which are loan-linked bonds. Of the total funds raised in the first half of the FY17 financial year, more than Rs. 2.7 trillion was via NCDs on a private placement basis, making this close to 75% of total fundraising by companies. Companies have been preferring this route of late - NCDs have become a cheaper source of money, with bond yields falling. Bank loans in recent years for example, have become more expensive for companies, as banks struggle to deal with rising NPAs. Will government schemes give Indiabulls Housing a boost? The company says that the Housing for all by 2022 initiative by the Central Government opens up new opportunities for it in mass housing. However approvals for the scheme have moved extremely slowly in the past few months. With the government now promising single window clearances and faster approvals, there may be some pickup in the scheme in the coming quarters.
18-03-2017
Bigul

Allotment Of Secured, Redeemable, Non-Convertible Debentures On A Private Placement Basis Intimation Under SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 With reference to our letter of November 10, 2016 intimating the Company's proposal to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakhs each ('NCDs') aggregating Rs. 6000 Crores, on a private placement basis, and pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that in terms of the Board authorization dated October...
17-03-2017
Bigul

Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 Pursuant to the above-mentioned Regulation, we wish to inform you that the Company has participated in the following investor meetings: DateInvestor/ Arranged byType of MeetingLocation March 16th, 2017Highclere International InvestorsInvestor MeetingMumbai UBS Securities India Pvt. Ltd. A copy of the investor presentation has already been forwarded to you and is placed on the Company's website.
16-03-2017
Bigul

Allotment Of Secured, Redeemable, Non-Convertible Debentures On A Private Placement Basis Intimation Under SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 With reference to our letter of November 10, 2016 intimating the Company's proposal to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakhs each ('NCDs') aggregating Rs. 6000 Crores, on a private placement basis, and pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that in terms of the Board authorization dated October...
15-03-2017
Bigul

Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

 Pursuant to the above-mentioned Regulation, we wish to inform you that the Company has participated in the following investor meeting: DateInvestorType of MeetingLocation March 15th, 2017Bessemer Investment ManagementInvestor MeetingMumbai A copy of the investor presentation has already been forwarded to you and is placed on the Company's website. We request you to kindly take the same on record and acknowledge receipt.
15-03-2017
Bigul

Updates

 Pursuant to Regulation 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby certify that our Company has made timely payment of interest / principal (as the case may be) in respect of the following NCDs issued by our Company, on private placement basis and listed on the Debt Segment of the Stock Exchange: ISINISIN DescriptionCorporate ActionInterest...
14-03-2017
Next Page
Close

Let's Open Free Demat Account