{"id":3488,"date":"2022-03-29T10:15:14","date_gmt":"2022-03-29T10:15:14","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=3488"},"modified":"2026-02-25T13:57:33","modified_gmt":"2026-02-25T13:57:33","slug":"indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/","title":{"rendered":"New IPO: INDIABULLS HOUSING FINANCE NCD\u00a0&#8211;  March 2022. Should you invest?"},"content":{"rendered":"<div class=\"issuer-header-section\">\n<div class=\"name-sec\">\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#High_Yield_AA_Rated_Minimum_Investment_10k_Only\" >High Yield\u00a0 |\u00a0 AA+ Rated\u00a0 |\u00a0 Minimum Investment: 10k Only<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Apply_Now\" >Apply Now\u00a0<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Allocation_Ratio\" >Allocation Ratio<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Investment_Process_for_IBHFL_NCD_IPO\" >Investment Process for IBHFL NCD IPO<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Invest_in_Bond_IPO_online_in_just_5_minutes\" >Invest in Bond IPO online in just 5 minutes<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#IPO_allotment\" >IPO allotment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Issue_Analysis\" >Issue Analysis\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Pros\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Cons\" >Cons<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Company_over_view\" >Company over view<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Financial_Performance\" >Financial Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Cash_flow_last_5_years\" >Cash flow last 5 years<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Ratio_Analysis\" >Ratio Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Key_Highlights\" >Key Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#Strengths\" >Strengths\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/#To_get_better_returns_than_Bank_FDs_invest_in_NCD-IPOs_online\" >To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"High_Yield_AA_Rated_Minimum_Investment_10k_Only\"><\/span><strong>High Yield\u00a0 |\u00a0 AA+ Rated\u00a0 |\u00a0 Minimum Investment: 10k Only<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n<\/div>\n<p>India\u2019s third-largest Housing Finance Company, Indiabulls Housing Finance Limited is issuing AA+ rated NCDs from 30 March 2022. They are being issued in eight different series.\u00a0 The coupon ranges between 8.35% and 9.25% that is much higher than FD rates. They come with different tenures such as 2 years, 3 years, and 5 years. The present bondholders or equity shareholders of Indiabulls are considered Primary Holders. In this IPO, Primary holders will be incentivized by a maximum of 0.25% p.a. This incentive applies only to Retail and HNI categories. Debenture Trustee is\u00a0IDBI Trusteeship Services Limited and KFin Technologies Private Limited is the Registrar of the issue. The issue will close on 20 April 2022.<\/p>\n<div class=\"overview\">\n<div class=\"overview-box display\">\n<h1 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Apply_Now\"><\/span><span style=\"color: #004f98;\"><a style=\"color: #004f98;\" href=\"https:\/\/goldenpi.com\/bond-better-return-fds\"><strong>Apply Now\u00a0<\/strong><\/a><\/span><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<\/div>\n<\/div>\n<h2><img decoding=\"async\" class=\"aligncenter wp-image-3902\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/21064157\/Indiabulls-issuer-details-1024x417.png\" alt=\"Apply Now for IndiaBulls Housing Finance NCD\" width=\"672\" height=\"273\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/21064157\/Indiabulls-issuer-details-1024x417.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/21064157\/Indiabulls-issuer-details-300x122.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/21064157\/Indiabulls-issuer-details-768x313.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/21064157\/Indiabulls-issuer-details-1170x476.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/21064157\/Indiabulls-issuer-details-585x238.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/21064157\/Indiabulls-issuer-details.png 1498w\" sizes=\"(max-width: 672px) 100vw, 672px\" \/><\/h2>\n<p><strong style=\"font-family: Raleway, sans-serif; font-size: 22px; letter-spacing: 0px;\">IBHFL NCD IPO: Coupon rates and effective yield for each of the series\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3725\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062557\/Indiabull-yeild-123.jpg\" alt=\"IBHFL NCD IPO: Coupon rates and effective yield\" width=\"698\" height=\"217\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062557\/Indiabull-yeild-123.jpg 918w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062557\/Indiabull-yeild-123-300x93.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062557\/Indiabull-yeild-123-768x239.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062557\/Indiabull-yeild-123-585x182.jpg 585w\" sizes=\"(max-width: 698px) 100vw, 698px\" \/><\/p>\n<div class=\"overview\">\n<div class=\"overview-box display\">\n<h2><span class=\"ez-toc-section\" id=\"Allocation_Ratio\"><\/span><strong>Allocation Ratio<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h1 style=\"text-align: center;\"><img decoding=\"async\" class=\"aligncenter wp-image-3727\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062856\/India-bull-sharing.jpg\" alt=\"Allocation Ratio for IBHFL NCD IPO\" width=\"491\" height=\"295\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062856\/India-bull-sharing.jpg 752w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062856\/India-bull-sharing-300x180.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29062856\/India-bull-sharing-585x352.jpg 585w\" sizes=\"(max-width: 491px) 100vw, 491px\" \/><\/h1>\n<\/div>\n<\/div>\n<h4><span class=\"ez-toc-section\" id=\"Investment_Process_for_IBHFL_NCD_IPO\"><\/span><strong>Investment Process for IBHFL NCD IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>You can invest in IPOs via GoldenPi in 3 easy steps.<\/p>\n<p><strong>If the investment amount is\u00a0 less than &amp; up to 10 lakhs,<\/strong> retail investors can apply for an IPO online.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3750\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29090859\/Screenshot-2022-03-29-143729-1024x475.jpg\" alt=\"Investment Process for IBHFL NCD IPO\" width=\"534\" height=\"248\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29090859\/Screenshot-2022-03-29-143729-1024x475.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29090859\/Screenshot-2022-03-29-143729-300x139.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29090859\/Screenshot-2022-03-29-143729-768x356.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29090859\/Screenshot-2022-03-29-143729-1536x712.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29090859\/Screenshot-2022-03-29-143729-1170x543.jpg 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29090859\/Screenshot-2022-03-29-143729-585x271.jpg 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29090859\/Screenshot-2022-03-29-143729.jpg 1790w\" sizes=\"(max-width: 534px) 100vw, 534px\" \/><\/p>\n<p><strong><em>If the investment amount is more than 10 Lakhs.\u00a0<\/em><\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3740\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29070203\/offline1-1024x471.jpg\" alt=\"Investment Process for IBHFL NCD IPO\" width=\"545\" height=\"251\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29070203\/offline1-1024x471.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29070203\/offline1-300x138.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29070203\/offline1-768x354.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29070203\/offline1-1536x707.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29070203\/offline1-1170x539.jpg 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29070203\/offline1-585x269.jpg 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29070203\/offline1.jpg 1807w\" sizes=\"(max-width: 545px) 100vw, 545px\" \/><\/p>\n<h1 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Invest_in_Bond_IPO_online_in_just_5_minutes\"><\/span><span style=\"color: #004f98;\"><strong><a style=\"color: #004f98;\" href=\"https:\/\/goldenpi.com\/bond-ipo-online\">Invest in Bond IPO online in just 5 minutes<\/a><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h4><span class=\"ez-toc-section\" id=\"IPO_allotment\"><\/span><strong>IPO allotment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>IPO will be allotted to you on a first-come, first-serve basis and credited to your Demat account.<\/li>\n<li>Every individual can submit 5 IPO applications.<\/li>\n<li>The Demat account must be active.<\/li>\n<li>After applying for an IPO, you cannot change your contact details such as email id and cell number until allotment.<\/li>\n<li>If you are paying via UPI, then the UPI mandate must be accepted within 48 hours.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Issue_Analysis\"><\/span><strong>Issue Analysis\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h4 style=\"line-height: 200%; background: white; margin: 0cm 0cm 13.0pt 0cm;\"><span class=\"ez-toc-section\" id=\"Pros\"><\/span><span style=\"color: #339966;\"><b><span style=\"font-size: 13pt; line-height: 200%; font-family: Arial, sans-serif;\">Pros<\/span><\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>The NCDs are AA+ rated securities. AA+rated securities fall into the category of investment grade hence underlying credit risk is assumed to be quite low.<\/li>\n<li>The coupon rate is between 8.42% to 9.25% that is much higher than (3 to 4%) higher than FD rates.<\/li>\n<li>Few of the series are secured by the company\u2019s assets.<\/li>\n<li>India bulls has made a strong presence in India with 130 branches and 8000+ channel partners that can efficiently manage to execute new growth strategies.<\/li>\n<li>The company is agile in adopting technology to reduce costs and reach the untapped market.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Cons\"><\/span><span style=\"color: #ff0000;\"><strong>Cons<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>The company\u2019s revenue has been reducing for 2 years.<\/li>\n<li>Loan books are less seasoned because of pandemics.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Company_over_view\"><\/span><strong>Company over view <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Indiabulls Housing Finance Limited (IBHFL) was founded in 2005. It is headquartered in New Delhi, India. It is the third-largest housing finance company regulated by National Housing Bank. IBHFL is part of the Indiabulls group: IBHFL leads 80% of the group turnover. IBHFL is operating via 125 branches in 92 cities in India. IBHFL has made its presence in the United Kingdom and the United Arab Emirates. Mr. Gagan Banga is leading the IBHFL team as Managing Director of the company.<\/p>\n<h4 style=\"margin: 18.0pt 0cm 6.0pt 0cm;\"><span class=\"ez-toc-section\" id=\"Financial_Performance\"><\/span><b><span style=\"font-size: 16.0pt; line-height: 107%; font-family: 'Arial',sans-serif; color: black;\">Financial Performance<\/span><\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3736\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065430\/Indiabulls-1233.jpg\" alt=\"Financial Performance for IBHFL NCD IPO\" width=\"532\" height=\"381\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065430\/Indiabulls-1233.jpg 802w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065430\/Indiabulls-1233-300x215.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065430\/Indiabulls-1233-768x550.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065430\/Indiabulls-1233-585x419.jpg 585w\" sizes=\"(max-width: 532px) 100vw, 532px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Cash_flow_last_5_years\"><\/span><strong>Cash flow last 5 years<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3737\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065537\/India-bull-5-year-cashflow-1024x246.jpg\" alt=\"Cash flow for IBHFL NCD IPO\" width=\"598\" height=\"144\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065537\/India-bull-5-year-cashflow-1024x246.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065537\/India-bull-5-year-cashflow-300x72.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065537\/India-bull-5-year-cashflow-768x184.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065537\/India-bull-5-year-cashflow-585x140.jpg 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065537\/India-bull-5-year-cashflow.jpg 1038w\" sizes=\"(max-width: 598px) 100vw, 598px\" \/><\/p>\n<p>Cash flow refers to the movement of cash in and out of the business at a specific point in time. It represents the net balance of the cash movement.<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>*Cash flow from operating activities reflects the amount a company generates through its product of services.<\/li>\n<li>**Cash flow from investing activities reflects cash generated and spent relating to investing activities, like purchase of assets, sales of securities etc.<\/li>\n<li>***Cash flow from financing activities gives an insight into the financial stability of a company to its investors. It reflects the net flows of cash that are used to fund the company.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<div><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/03104209\/INDIABULLS-HOUSING-FINANCE-NCD.gif\" alt=\"New IPO: INDIABULLS HOUSING FINANCE NCD \u2013 March 2022. Should you invest?\" \/><\/div>\n<h4><span class=\"ez-toc-section\" id=\"Ratio_Analysis\"><\/span><strong>Ratio Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3738\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-1024x904.jpg\" alt=\"Ratio Analysis for IBHFL NCD IPO\" width=\"584\" height=\"516\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-1024x904.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-300x265.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-768x678.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-1536x1355.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-2048x1807.jpg 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-1170x1032.jpg 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-1920x1694.jpg 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29065931\/Jom-data-585x516.jpg 585w\" sizes=\"(max-width: 584px) 100vw, 584px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Key_Highlights\"><\/span><strong>Key Highlights <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>Loan disbursed &#8211; Rs. 2.84 lakh cr.<\/li>\n<li>Total loan Disbursed &#8211; Rs. 325 cr by September 2021.<\/li>\n<li>Customer base \u2013 1 million.<\/li>\n<li>Number of branches &#8211; 130 in 92 towns and cities across India.<\/li>\n<li>Number of channel partners &#8211; 8000.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Strengths\"><\/span><strong>Strengths\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3746\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29071939\/Indiabulls2.jpg\" alt=\"Strengths for IBHFL NCD IPO\" width=\"705\" height=\"167\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29071939\/Indiabulls2.jpg 861w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29071939\/Indiabulls2-300x71.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29071939\/Indiabulls2-768x182.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/03\/29071939\/Indiabulls2-585x139.jpg 585w\" sizes=\"(max-width: 705px) 100vw, 705px\" \/><\/p>\n<p>&nbsp;<\/p>\n<div class=\"overview\">\n<div class=\"overview-box display\"><\/div>\n<\/div>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"To_get_better_returns_than_Bank_FDs_invest_in_NCD-IPOs_online\"><\/span><span style=\"color: #004f98;\"><a style=\"color: #004f98;\" href=\"https:\/\/goldenpi.com\/bond-better-return-fds\"><strong>To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/strong><\/a><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div id=\"footable_parent_7848\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <div class=\"pcrstb-wrap\"><table data-ninja_table_instance=\"ninja_table_instance_0\" data-footable_id=\"7848\" data-filter-delay=\"1000\" aria-label=\"IPO Table - Indiabulls .csv\"            id=\"footable_7848\"\n           data-unique_identifier=\"ninja_table_unique_id_2127503441_7848\"\n           class=\" foo-table ninja_footable foo_table_7848 ninja_table_unique_id_2127503441_7848 ui table  nt_type_legacy_table selectable striped vertical_centered  footable-paging-right ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                            <col class=\"ninja_column_3 \">\n                            <col class=\"ninja_column_4 \">\n                            <col class=\"ninja_column_5 \">\n                            <col class=\"ninja_column_6 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                                                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_details \">Details <\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_maximumyield \">Maximum yield<\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_overallissuesize \">Overall Issue Size\t<\/th><th scope=\"col\"  class=\"ninja_column_3 ninja_clmn_nm_creditrating \">Credit Rating<\/th><th scope=\"col\"  class=\"ninja_column_4 ninja_clmn_nm_startdate \">Start Date<\/th><th scope=\"col\"  class=\"ninja_column_5 ninja_clmn_nm_closingdate \">Closing Date<\/th><th scope=\"col\"  class=\"ninja_column_6 ninja_clmn_nm_formoredetails \">For more details<\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"147\" class=\"ninja_table_row_0 nt_row_id_147\">\n            <td>Indiabulls NCD IPO March 2024 <\/td><td>10.75%<\/td><td>200 cr<\/td><td>CRISIL AA Stable, ICRA AA Stable <\/td><td>March 5, 2024<\/td><td>March 19, 2024 <\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-march-2024-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"139\" class=\"ninja_table_row_1 nt_row_id_139\">\n            <td>Indiabulls NCD IPO September 2023<\/td><td>10.75%<\/td><td>100 cr<\/td><td>CRISIL, ICRA AA (Stable)<\/td><td>September 6, 2023<\/td><td>September 20, 2023<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-september-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"148\" class=\"ninja_table_row_2 nt_row_id_148\">\n            <td>Indiabulls NCD IPO October 2023<\/td><td>10.75%<\/td><td>100 cr<\/td><td>CRISIL AA Stable, ICRA AA Stable <\/td><td>October 20, 2023 <\/td><td>November 3, 2023 <\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"140\" class=\"ninja_table_row_3 nt_row_id_140\">\n            <td>Indiabulls NCD IPO July 2023<\/td><td>10.14%<\/td><td>200 cr<\/td><td>CRISIL, ICRA AA (Stable)<\/td><td>July 10, 2023<\/td><td>July 21, 2023<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-july-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"141\" class=\"ninja_table_row_4 nt_row_id_141\">\n            <td>Indiabulls NCD IPO April 2023<\/td><td>10.50%<\/td><td>100 cr<\/td><td>CRISIL, ICRA AA (Stable)<\/td><td>April 5, 2023<\/td><td>April 19, 2023<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-commercial-credit-limited-ncd-ipo-april-2023-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"149\" class=\"ninja_table_row_5 nt_row_id_149\">\n            <td>Indiabulls NCD IPO March 2023 <\/td><td>10.30%<\/td><td>200 cr<\/td><td>CRISIL AA Stable, ICRA AA Stable <\/td><td>January 5, 2023 <\/td><td>January 7, 2023 <\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-commercial-credit-limited-ipo-january-2023-should-you-invest\/5633\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"142\" class=\"ninja_table_row_6 nt_row_id_142\">\n            <td>Indiabulls NCD IPO January 2023<\/td><td>10.30%<\/td><td>200 cr<\/td><td>CRISIL, ICRA AA (Stable)<\/td><td>January 5, 2023<\/td><td>January 27, 2023<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-commercial-credit-limited-ipo-january-2023-should-you-invest\/5633\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"143\" class=\"ninja_table_row_7 nt_row_id_143\">\n            <td>Indiabulls NCD IPO December 2022<\/td><td>9.55%<\/td><td>1000 cr<\/td><td>CRISIL, ICRA AA (Stable)<\/td><td>December 1, 2022<\/td><td>December 22, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"144\" class=\"ninja_table_row_8 nt_row_id_144\">\n            <td>Indiabulls NCD IPO September 2022<\/td><td>9.54%<\/td><td>1000 cr<\/td><td>CRISIL, ICRA AA (Stable)<\/td><td>September 5, 2022<\/td><td>September 22, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-september-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"145\" class=\"ninja_table_row_9 nt_row_id_145\">\n            <td>Indiabulls NCD IPO March 2022<\/td><td>9.26%<\/td><td>200 cr<\/td><td>CRISIL, ICRA AA (Stable)<\/td><td>March 30, 2022<\/td><td>April 22, 2022<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-march-2022-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n            <tr data-row_id=\"146\" class=\"ninja_table_row_10 nt_row_id_146\">\n            <td>Indiabulls NCD IPO September 2021<\/td><td>9.75%<\/td><td>1000 cr<\/td><td>CRISIL AA<\/td><td>September 6, 2021<\/td><td>September 20, 2021<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-limited-ncd-ipo-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table><\/div>\n    \n    \n    \n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>High Yield\u00a0 |\u00a0 AA+ Rated\u00a0 |\u00a0 Minimum Investment: 10k Only India\u2019s third-largest Housing Finance Company, Indiabulls Housing Finance Limited is issuing AA+&hellip;<\/p>\n","protected":false},"author":4,"featured_media":12133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[161],"tags":[],"class_list":["post-3488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indiabulls"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New IPO: INDIABULLS HOUSING FINANCE NCD\u00a0- March 2022. 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