Page 7 - Indiabulls Housing Finance

Merrill Lynch sells 2% stake in Indiabulls Housing Finance for Rs 9.82 bn

The shares were bought by Treetop Convertible SICAV - Treetop Convertible International

Indiabulls Housing Fin Q3 net jumps 55% to Rs 11.6 bn; gross NPAs at 0.77%

Gross Non-Performing Asset (NPA) stood at 0.77 per cent of total advances, and net NPAs were at 0.21 per cent in the quarter under review

Indiabulls Housing Finance consolidated net profit rises 25.83% in the September 2017 quarter

Indiabulls Housing Finance consolidated net profit rises 25.83% in the September 2017 quarter

Indiabulls Housing Finance Q2 profit up by 26%

Disbursals grew by 41.8% to Rs 9,504.2 crore and NII was up by 27.1% to Rs 1,389.5 crore in the first quarter

Indiabulls Housing Finance raises Rs 2,000 cr via bonds

Company plans to collect Rs 10,000-cr capital

Indiabulls Housing Finance Q4 net up 24% at Rs 841 cr

Indiabulls Housing Finance had a 24.4 per cent increase in net profit to Rs 841 crore in the March quarter. Net interest income (NII) rose 21.8 per cent to Rs 1,360 crore.For the entire financial year, 2016-17, net profit rose 24 per cent to Rs 2,906 crore. NII grew 25.7 per cent to Rs 4,767 crore. The size of the balance sheet was Rs 103,705 crore. The home loan book is expanding faster than other mortgage loans. With a focus on the mid-income segment, it is aiming at a balance sheet size of Rs 2 lakh crore by FY20, said deputy managing director Ashwini K Hooda. The company expects the share of housing loans to grow to 66 per cent of total assets by March 2019, from 56 per cent at the end of March 2017. The share of loans against property willdecline to 18 per cent, from 22 per cent now; of corporateloans to 15 per cent, from 22 per cent now.It raised Rs 27,650 crore through debentures and securities in 2016-17. More than the Rs 22,000 crore raised in the 36 months from FY14 to ...

Indiabulls Housing Finance Q2 net up 23% at Rs 684 cr

Total income on standalone basis increased to Rs 2,760.36 crore from Rs 2,160.56 crore in the year-ago period

Indiabulls Housing Finance to raise up to Rs 7,000 crore via NCDs

The debentures are expected to carry a coupon rate in the range of 8.55-9.15%

Indiabulls Housing to foreclose NCD issue

The issue, which was opened on Thursday, was supposed to close on September 23, 2016

Indiabulls to raise up to Rs 7,000 cr through NCDs

The base issue size is Rs 3,500 crore with an option of retaining an additional Rs 3,500 crore of subscription

Indiabulls Housing to restructure debt to lower borrowing rate

The average cost of borrowing currently stands at 9.3% while incremental is 8.91%

Indiabulls Housing Finance to raise up to Rs 100 crore via non-convertible debentures

Shares of Indiabulls Housing Finance were trading 0.43 per cent higher Rs 834 on BSE in the morning trad

Indiabulls Housing Finance to raise up to Rs 700 crore via NCDs

Shares of the company were trading 0.44 per cent higher at Rs 807.25 apiece on BSE

Indiabulls Housing Finance raises Rs 800 crore via NCDs

The bonds will carry coupon rate of 8.80%

Indiabulls Housing to raise borrowing limit to Rs 1.25 lakh crore

The shareholders of the company at their AGM held in September last year had approved a borrowing limit up to Rs 1 lakh crore

Indiabulls Housing Finance to raise Rs 1,000 crore for funding needs

The decision came in the wake of a resolution that was passed by the shareholders at an AGM held in September last year

Indiabulls Housing Finance Q1 net rises 23% to Rs 630 crore

Meanwhile, the company has declared an interim dividend of Rs 9 per equity share of the face value of Rs 2 per share for FY17

Indiabulls Housing Finance to raise Rs 625 crore through NCDs

Issue will open on June 30 and close on the same day