{"id":5029,"date":"2022-11-30T09:56:43","date_gmt":"2022-11-30T09:56:43","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=5029"},"modified":"2026-02-26T08:14:48","modified_gmt":"2026-02-26T08:14:48","slug":"indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/","title":{"rendered":"INDIABULLS HOUSING FINANCE IPO TR IV &#8211; December 2022, should you Invest?"},"content":{"rendered":"<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-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#High_Yield_AAStable_Minimum_Investment_10k_Only\" >High Yield\u00a0 |\u00a0 AA\/Stable\u00a0 |\u00a0 Minimum Investment: 10k Only<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#IBHFL_NCD_IPO_Coupon_Rates_and_Effective_Yield_for_each_of_the_Series\" >IBHFL NCD IPO: Coupon Rates and Effective Yield for each of the Series<\/a><\/li><li class='ez-toc-page-1 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-ipo-tr-iv-december-2022-should-you-invest\/#Principal_Redemption_Schedule_and_Redemption_Amounts\" >Principal Redemption Schedule and Redemption Amounts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#Allocation_Ratio\" >Allocation Ratio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#Financial_Overview\" >Financial Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#Ratio_Analysis\" >Ratio Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#Issue_Analysis\" >Issue Analysis\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-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><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#About_Indiabulls_Housing_Finance_Limited\" >About Indiabulls Housing Finance Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#9M_FY_2022\" >9M FY 2022<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#Financial_Performance\" >Financial Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#Strengths\" >Strengths\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#Key_Points\" >Key Points<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#Invest_in_Bond_IPO_online_in_just_5_minutes\" >Invest in Bond IPO online in just 5 minutes<\/a><\/li><\/ul><\/nav><\/div>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"High_Yield_AAStable_Minimum_Investment_10k_Only\"><\/span><strong>High Yield\u00a0 |\u00a0 AA\/Stable\u00a0 |\u00a0 Minimum Investment: 10k Only<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">India\u2019s third-largest Housing Finance Company, Indiabulls Housing Finance Limited is issuing AA\/Stable rated NCDs from 1st December 2022. They are being issued in eight different series.\u00a0 The coupon ranges between 8.57% and 9.55% which 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 <a href=\"https:\/\/goldenpi.com\/collections\/best-ongoing-ipos\" target=\"_blank\" rel=\"noopener noreferrer\">IPO<\/a>, Primary holders will be incentivized by a maximum of 0.25% p.a. This incentive applies only to Retail and HNI categories. The issue will close on 22 December 2022.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-5038\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30092847\/Group-173-1-264x300.png\" alt=\"INDIABULLS HOUSING FINANCE IPO TR IV \" width=\"615\" height=\"699\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30092847\/Group-173-1-264x300.png 264w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30092847\/Group-173-1-901x1024.png 901w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30092847\/Group-173-1-768x873.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30092847\/Group-173-1-1170x1329.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30092847\/Group-173-1-585x665.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30092847\/Group-173-1.png 1212w\" sizes=\"(max-width: 615px) 100vw, 615px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"IBHFL_NCD_IPO_Coupon_Rates_and_Effective_Yield_for_each_of_the_Series\"><\/span><strong>IBHFL NCD IPO: Coupon Rates and Effective Yield for each of the Series<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-5040\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2-300x100.png\" alt=\"IBHFL NCD IPO: Coupon rates and effective yield for each of the series\" width=\"636\" height=\"212\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2-300x100.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2-1024x341.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2-768x256.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2-1536x512.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2-1170x390.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2-1920x640.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2-585x195.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30095458\/Tenor-2.png 1938w\" sizes=\"(max-width: 636px) 100vw, 636px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Principal_Redemption_Schedule_and_Redemption_Amounts\"><\/span><strong>Principal Redemption Schedule and Redemption Amounts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-5031\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-300x123.png\" alt=\"Principal Redemption Schedule and Redemption Amounts\" width=\"590\" height=\"242\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-300x123.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-1024x420.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-768x315.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-1536x629.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-2048x839.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-1170x479.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-1920x787.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073902\/KEY-FEATURES-OF-INDIA-585x240.png 585w\" sizes=\"(max-width: 590px) 100vw, 590px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Allocation_Ratio\"><\/span><strong>Allocation Ratio<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The allocation ratio of <a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/indiabulls-housing-finance-limited-ncd-ipo-should-you-invest\/\" target=\"_blank\" rel=\"noopener noreferrer\">IBHFL NCD IPO<\/a> is prepared based on norms laid down by <\/span><a href=\"https:\/\/www.sebi.gov.in\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">SEBI<\/span><\/a><span style=\"font-weight: 400;\">. Before announcing the allocation ratio, the same has to be approved by SEBI.\u00a0 Once the IPO subscription closes, applications will be divided into different categories. The category-wise allocation ratio is always decided and declared during the launch of the particular IPO. Considering the Allocation Ratio, units will be assigned to applicants. Refer to the chart to know the application ratio for IBHFL NCD-IPO.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-5032\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-300x249.png\" alt=\"Allocation ratio of IBHFL NCD IPO\" width=\"466\" height=\"387\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-300x249.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-1024x851.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-768x638.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-1536x1276.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-2048x1701.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-1170x972.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-1920x1595.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30073931\/Allocation-Ratio-585x486.png 585w\" sizes=\"(max-width: 466px) 100vw, 466px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Overview\"><\/span><strong>Financial Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Snapshot stating the Revenue, Expenses, EBIT and PAT (tabular format)<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u00a0(All Values are in Rs. Cr.)<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-5033\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074034\/Snapshot-stating-the-Revenue-Expenses-EBIT-and-PAT-300x192.png\" alt=\"Financial Overview of IBHFL NCD IPO\" width=\"506\" height=\"324\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074034\/Snapshot-stating-the-Revenue-Expenses-EBIT-and-PAT-300x192.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074034\/Snapshot-stating-the-Revenue-Expenses-EBIT-and-PAT-768x492.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074034\/Snapshot-stating-the-Revenue-Expenses-EBIT-and-PAT-585x375.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074034\/Snapshot-stating-the-Revenue-Expenses-EBIT-and-PAT.png 960w\" sizes=\"(max-width: 506px) 100vw, 506px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Cash flow last 5 years<\/span><span style=\"font-weight: 400;\">\u00a0 \u00a0 \u00a0 \u00a0 <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">(All Values are in Rs. Cr.)<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-5034\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-300x172.png\" alt=\"Cash flow last 5 years of IBHFL NCD IPO\" width=\"502\" height=\"288\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-300x172.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-1024x588.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-768x441.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-1536x882.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-2048x1176.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-1170x672.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-1920x1102.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074118\/Cash-flow-585x336.png 585w\" sizes=\"(max-width: 502px) 100vw, 502px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">*Cash flow from operating activities reflects the amount a company generates through its product of services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">**Cash flow from investing activities reflects cash generated and spent relating to investing activities, like purchase of assets, sales of securities etc.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">***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.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ratio_Analysis\"><\/span><strong>Ratio Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-5035\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-300x262.png\" alt=\"Ratio Analysis of IBHFL NCD IPO\" width=\"616\" height=\"538\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-300x262.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-1024x896.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-768x672.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-1536x1343.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-2048x1791.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-1170x1023.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-1920x1679.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074200\/Ratio-Analysis-585x512.png 585w\" sizes=\"(max-width: 616px) 100vw, 616px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Issue_Analysis\"><\/span><span style=\"font-weight: 400;\"><strong>Issue Analysis<\/strong>\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Pros<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The NCDs are AA\/Stable rated securities. AA\/Stable-rated securities fall into the category of investment grade hence underlying credit risk is assumed to be quite low.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The coupon rate is between 8.57% to 9.55% which is much higher than (3 to 4%) higher than FD rates.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Few of the series are secured by the company\u2019s assets.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In this IPO, Primary holders will be incentivized by a maximum of 0.25% p.a.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Indiabulls has made a strong presence in India with 130 branches and 8000+ channel partners that can efficiently manage to execute new growth strategies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The company is agile in adopting technology to reduce costs and reach the untapped market.\u00a0<\/span><\/li>\n<\/ul>\n<p><strong>Cons<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All of the series are not secured.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The company\u2019s revenue has been decreasing for the past 3 years.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loan books are less seasoned because of pandemics.<\/span><\/li>\n<\/ul>\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><a href=\"https:\/\/goldenpi.com\/bond-better-return-fds\"><span style=\"font-weight: 400;\">To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"About_Indiabulls_Housing_Finance_Limited\"><\/span><strong>About Indiabulls Housing Finance Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">CRAR for 9M FY22 &#8211; 31.2%<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Loan disbursed- Rs. 2.84 lakh Cr<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Customer base \u2013 10 Lakh +<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Number of branches- 130<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Number of channel partners- 8000<\/span><\/p>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"9M_FY_2022\"><\/span><strong>9M FY 2022<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Net NPA- 1.80%<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Balance Sheet- Rs. 82,285 Cr<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Net Worth- Rs. 16,405 Cr<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Asset Under Management- Rs. 73,914 Cr<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Loan Book- Rs. 60,979 Cr<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Borrowings- Rs. 55,361 Cr<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">PAT &#8211; Rs. 303 Cr<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Financial_Performance\"><\/span><strong>Financial Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Pandemic has hit the company\u2019s performance hence annual revenue has reduced. The company is agile in adopting technology. It has an end-to-end digitized home loan. With the help of digital assets, the company is trying to make a presence in tier-3 and tier-4 locations. <\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-5036\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074357\/Financial-Performance-300x136.png\" alt=\"Financial Performance of IBHFL NCD IPO\" width=\"541\" height=\"245\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074357\/Financial-Performance-300x136.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074357\/Financial-Performance-768x348.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074357\/Financial-Performance-585x265.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/30074357\/Financial-Performance.png 954w\" sizes=\"(max-width: 541px) 100vw, 541px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Strengths\"><\/span><strong>Strengths\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Strong Capital Adequacy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Low Gearing<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Healthy Liquidity &amp; Matched ALM<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Stable Asset Quality<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Key_Points\"><\/span><strong>Key Points<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Since September 2018, the debt of almost 88,000 crores has been serviced on a gross basis.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net gearing has decreased from levels of 7x to under 3x.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">On target to cut the wholesale book in half by December 22 and by 33% by March 22 [on numbers from March 21]<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">No new, distinct structured arrangements are necessary for the creation of liquidity. 45% of the investment for structured capital from deals that were finalised a year ago. Proof of the reliability and availability of wholesale loan assets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As additional books begin to be added, net gearing will stabilise between 2 and 2.5 times. will stay steady at these levels as an additional business is conducted using an approach that prioritises light assets.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Invest_in_Bond_IPO_online_in_just_5_minutes\"><\/span><a href=\"https:\/\/goldenpi.com\/bond-ipo-online\"><span style=\"font-weight: 400;\">Invest in Bond IPO online in just 5 minutes<\/span><\/a><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_488595079_7848\"\n           class=\" foo-table ninja_footable foo_table_7848 ninja_table_unique_id_488595079_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\/Stable\u00a0 |\u00a0 Minimum Investment: 10k Only \u00a0India\u2019s third-largest Housing Finance Company, Indiabulls Housing Finance Limited is issuing AA\/Stable rated&hellip;<\/p>\n","protected":false},"author":4,"featured_media":12184,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[161],"tags":[],"class_list":["post-5029","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>INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest? - GoldenPi | Blogs<\/title>\n<meta name=\"description\" content=\"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest? - GoldenPi | Blogs\" \/>\n<meta property=\"og:description\" content=\"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/\" \/>\n<meta property=\"og:site_name\" content=\"GoldenPi | Blogs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/goldenpitech\" \/>\n<meta property=\"article:author\" content=\"goldenpitech\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-30T09:56:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-26T08:14:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/26081435\/Indiabulls-Housing-Finance-NCD-IPO-Tranche-IV-%E2%80%93-Should-You-Invest_-December-2022.png\" \/>\n\t<meta property=\"og:image:width\" content=\"731\" \/>\n\t<meta property=\"og:image:height\" content=\"347\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GoldenPiTech\" \/>\n<meta name=\"twitter:site\" content=\"@GoldenPiTech\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/\",\"url\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/\",\"name\":\"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest? - GoldenPi | Blogs\",\"isPartOf\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/26081435\/Indiabulls-Housing-Finance-NCD-IPO-Tranche-IV-%E2%80%93-Should-You-Invest_-December-2022.png\",\"datePublished\":\"2022-11-30T09:56:43+00:00\",\"dateModified\":\"2026-02-26T08:14:48+00:00\",\"author\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/7b7afc706617dbf29357675946045722\"},\"description\":\"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest?\",\"breadcrumb\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#primaryimage\",\"url\":\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/26081435\/Indiabulls-Housing-Finance-NCD-IPO-Tranche-IV-%E2%80%93-Should-You-Invest_-December-2022.png\",\"contentUrl\":\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/26081435\/Indiabulls-Housing-Finance-NCD-IPO-Tranche-IV-%E2%80%93-Should-You-Invest_-December-2022.png\",\"width\":731,\"height\":347,\"caption\":\"Indiabulls Housing Finance NCD IPO Tranche IV December 2022\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/goldenpi.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"INDIABULLS HOUSING FINANCE IPO TR IV &#8211; December 2022, should you Invest?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/goldenpi.com\/blog\/#website\",\"url\":\"https:\/\/goldenpi.com\/blog\/\",\"name\":\"GoldenPi | Blogs\",\"description\":\"All about bonds online in India\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/goldenpi.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/7b7afc706617dbf29357675946045722\",\"name\":\"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/753eff78609551874c9773d3bee5eeab7bba3aa40f99a8b2405592eed9d9df89?s=96&d=https%3A%2F%2Fd2zny4996dl67j.cloudfront.net%2Fblogs%2Fwp-content%2Fuploads%2F2026%2F01%2F12111941%2FAbhijit-512x512-1-1-150x150.png&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/753eff78609551874c9773d3bee5eeab7bba3aa40f99a8b2405592eed9d9df89?s=96&d=https%3A%2F%2Fd2zny4996dl67j.cloudfront.net%2Fblogs%2Fwp-content%2Fuploads%2F2026%2F01%2F12111941%2FAbhijit-512x512-1-1-150x150.png&r=g\",\"caption\":\"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi\"},\"description\":\"With over 15 years of experience across fixed income and debt markets, he brings deep domain expertise along with a strong focus on investor education and transparency. An alumnus of IIT Kharagpur and IIM Calcutta, his views are personal and should not be considered investment advice.\",\"sameAs\":[\"goldenpitech\",\"https:\/\/www.linkedin.com\/company\/goldenpi\/\",\"https:\/\/x.com\/GoldenPiTech\"],\"url\":\"https:\/\/goldenpi.com\/blog\/author\/goldenpi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest? - GoldenPi | Blogs","description":"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/","og_locale":"en_US","og_type":"article","og_title":"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest? - GoldenPi | Blogs","og_description":"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest?","og_url":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/","og_site_name":"GoldenPi | Blogs","article_publisher":"https:\/\/www.facebook.com\/goldenpitech","article_author":"goldenpitech","article_published_time":"2022-11-30T09:56:43+00:00","article_modified_time":"2026-02-26T08:14:48+00:00","og_image":[{"width":731,"height":347,"url":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/26081435\/Indiabulls-Housing-Finance-NCD-IPO-Tranche-IV-%E2%80%93-Should-You-Invest_-December-2022.png","type":"image\/png"}],"author":"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi","twitter_card":"summary_large_image","twitter_creator":"@GoldenPiTech","twitter_site":"@GoldenPiTech","twitter_misc":{"Written by":"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/","url":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/","name":"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest? - GoldenPi | Blogs","isPartOf":{"@id":"https:\/\/goldenpi.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#primaryimage"},"image":{"@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#primaryimage"},"thumbnailUrl":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/26081435\/Indiabulls-Housing-Finance-NCD-IPO-Tranche-IV-%E2%80%93-Should-You-Invest_-December-2022.png","datePublished":"2022-11-30T09:56:43+00:00","dateModified":"2026-02-26T08:14:48+00:00","author":{"@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/7b7afc706617dbf29357675946045722"},"description":"INDIABULLS HOUSING FINANCE IPO TR IV - December 2022, should you Invest?","breadcrumb":{"@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#primaryimage","url":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/26081435\/Indiabulls-Housing-Finance-NCD-IPO-Tranche-IV-%E2%80%93-Should-You-Invest_-December-2022.png","contentUrl":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2022\/11\/26081435\/Indiabulls-Housing-Finance-NCD-IPO-Tranche-IV-%E2%80%93-Should-You-Invest_-December-2022.png","width":731,"height":347,"caption":"Indiabulls Housing Finance NCD IPO Tranche IV December 2022"},{"@type":"BreadcrumbList","@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ipo-tr-iv-december-2022-should-you-invest\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/goldenpi.com\/blog\/"},{"@type":"ListItem","position":2,"name":"INDIABULLS HOUSING FINANCE IPO TR IV &#8211; December 2022, should you Invest?"}]},{"@type":"WebSite","@id":"https:\/\/goldenpi.com\/blog\/#website","url":"https:\/\/goldenpi.com\/blog\/","name":"GoldenPi | Blogs","description":"All about bonds online in India","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/goldenpi.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/7b7afc706617dbf29357675946045722","name":"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/753eff78609551874c9773d3bee5eeab7bba3aa40f99a8b2405592eed9d9df89?s=96&d=https%3A%2F%2Fd2zny4996dl67j.cloudfront.net%2Fblogs%2Fwp-content%2Fuploads%2F2026%2F01%2F12111941%2FAbhijit-512x512-1-1-150x150.png&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/753eff78609551874c9773d3bee5eeab7bba3aa40f99a8b2405592eed9d9df89?s=96&d=https%3A%2F%2Fd2zny4996dl67j.cloudfront.net%2Fblogs%2Fwp-content%2Fuploads%2F2026%2F01%2F12111941%2FAbhijit-512x512-1-1-150x150.png&r=g","caption":"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi"},"description":"With over 15 years of experience across fixed income and debt markets, he brings deep domain expertise along with a strong focus on investor education and transparency. An alumnus of IIT Kharagpur and IIM Calcutta, his views are personal and should not be considered investment advice.","sameAs":["goldenpitech","https:\/\/www.linkedin.com\/company\/goldenpi\/","https:\/\/x.com\/GoldenPiTech"],"url":"https:\/\/goldenpi.com\/blog\/author\/goldenpi\/"}]}},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/5029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/comments?post=5029"}],"version-history":[{"count":15,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/5029\/revisions"}],"predecessor-version":[{"id":7862,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/5029\/revisions\/7862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/media\/12184"}],"wp:attachment":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/media?parent=5029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/categories?post=5029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/tags?post=5029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}