Of the total Rs 236.15 bn raised, Rs 174.1 bn is in the nature of long-term debt
Total loans outstanding up 28.9% to Rs 1.29 trn; gross NPA at 0.77% for the quarter
Company says it has a healthy liquidity position standing at Rs 200 billion as of September 2018
Indiabulls Housing has over the years followed strict discipline of maintaining an optimally matched balance sheet, high liquidity and high capital adequacy, the company said
The former Deputy Governor of the Reserve Bank of India (RBI) and senior banker is not replacing an existing member on the Board, the company says
Though operating profit growth was satisfactory, a higher provisioning hit net profit growth, down to a 22.6 per cent rise, the lowest such in several quarters
The shares were bought by Treetop Convertible SICAV - Treetop Convertible International
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
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
Company plans to collect Rs 10,000-cr capital
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 ...
Total income on standalone basis increased to Rs 2,760.36 crore from Rs 2,160.56 crore in the year-ago period
The debentures are expected to carry a coupon rate in the range of 8.55-9.15%
The issue, which was opened on Thursday, was supposed to close on September 23, 2016
The base issue size is Rs 3,500 crore with an option of retaining an additional Rs 3,500 crore of subscription
The average cost of borrowing currently stands at 9.3% while incremental is 8.91%
Shares of Indiabulls Housing Finance were trading 0.43 per cent higher Rs 834 on BSE in the morning trad
Shares of the company were trading 0.44 per cent higher at Rs 807.25 apiece on BSE
The bonds will carry coupon rate of 8.80%