ADVERTISEMENT

Indiabulls Housing Finance Debentures Subscribed Over Two Times

Since July 1, IBHFL has raised Rs 7,180 crore through private placement.
Since July 1, IBHFL has raised Rs 7,180 crore through private placement.
New Delhi: Indiabulls Housing Finance Ltd (IBHFL) on Friday pre-closed a bonds issue after it received bids of over Rs 7,200 crore, more than twice the offer size. "The company today pre-closed its public issue of NCDs, on the second day since opening. Subscribed over 2 times on the base issue of Rs 3,500 crore with bids on BSE and NSE crossing over Rs 7,200 crore", the company said in a release. The high demand for the bonds was e...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit