Indiabulls Housing Finance Ltd (IBHFL) said on Tuesday that the base issue size of its public issue of secured redeemable non-convertible debentures and unsecured subordinated redeemable non-convertible debentures (NCDs) has been oversubscribed.
It said the issue saw healthy demand in retail category of investors with a total collection of Rs 807.83 crore. The issue also saw good interest from its existing NCD investors.
Overall, the tranche one issue saw interest from investors across series and tenures offering annual, monthly and cumulative interest options.
Edelweiss Financial Services, IIFL Securities and Trust Investment Advisors were lead managers to the NCD issue, which opened on September 6 and closed on September 20.
Govandi Teen Shot Dead Over Jealousy: Rival Woman Arrested, Three Others Held In Premeditated Murder
Mumbai Cyber Police Arrest Two For ₹10.35 Lakh 'Digital Arrest' Fraud Targeting Senior Citizen In Fake Money Laundering Case
Panvel–Palaspe Road To Remain Closed From 12.01 AM To 5 AM On Feb 13 For DFCCIL Girder Work
MCOCA Invoked Against Five Accused In Rohit Shetty Firing Case; Court Terms Attack 'Tip Of Iceberg'
