{"id":6753,"date":"2023-10-19T05:03:17","date_gmt":"2023-10-19T05:03:17","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=6753"},"modified":"2026-02-25T13:47:27","modified_gmt":"2026-02-25T13:47:27","slug":"indiabulls-housing-finance-ncd-ipo-october-2023-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-should-you-invest\/","title":{"rendered":"INDIABULLS HOUSING FINANCE NCD IPO \u2013 October 2023, 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-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-ncd-ipo-october-2023-should-you-invest\/#High_Yield_AAStable_Minimum_Investment_10k_Only\" >High Yield\u00a0 |\u00a0 AA\/Stable\u00a0 |\u00a0 Minimum Investment: 10k Only<\/a><\/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-ncd-ipo-october-2023-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\u00a0<\/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-ncd-ipo-october-2023-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-ncd-ipo-october-2023-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-ncd-ipo-october-2023-should-you-invest\/#Financial_Overview\" >Financial Overview<\/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-6\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-should-you-invest\/#Snapshot_stating_the_Revenue_Expenses_EBIT_and_PAT_In_Crores\" >Snapshot stating the Revenue, Expenses, EBIT and PAT (In Crores)<\/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-ncd-ipo-october-2023-should-you-invest\/#Cash_flow_of_last_5_years_In_Crores\" >Cash flow of\u00a0 last 5 years (In Crores)<\/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-8\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-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-9\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-should-you-invest\/#Issue_Analysis\" >Issue Analysis\u00a0<\/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-10\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-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-11\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-should-you-invest\/#Cons\" >Cons<\/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-12\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-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-13\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-should-you-invest\/#About_Indiabulls_Housing_Finance_Limited\" >About Indiabulls Housing Finance Limited<\/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-14\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-should-you-invest\/#Strengths\" >Strengths\u00a0<\/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-ncd-ipo-october-2023-should-you-invest\/#Key_Points\" >Key Points<\/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-16\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/indiabulls\/indiabulls-housing-finance-ncd-ipo-october-2023-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<h2 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><\/h2>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">India\u2019s one of the largest Housing Finance Company, Indiabulls Housing Finance Limited is issuing AA\/Stable rated NCDs from 20th October 2023. They are being issued in twelve different series. The coupon ranges between 8.88% and 10.75% which is much higher than FD rates. They come with different tenures such as 24, 36, 60, 84 and 120 months.<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-6754 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112203\/Screenshot-2023-10-18-164615.png\" alt=\"\" width=\"582\" height=\"577\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112203\/Screenshot-2023-10-18-164615.png 582w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112203\/Screenshot-2023-10-18-164615-300x297.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112203\/Screenshot-2023-10-18-164615-150x150.png 150w\" sizes=\"(max-width: 582px) 100vw, 582px\" \/><\/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\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"size-large wp-image-6761 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-1024x264.png\" alt=\"\" width=\"1024\" height=\"264\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-1024x264.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-300x77.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-768x198.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-1536x396.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-2048x529.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-1170x302.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-1920x496.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113511\/Picture3-3-585x151.png 585w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/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=\"size-large wp-image-6760 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-1024x405.png\" alt=\"\" width=\"1024\" height=\"405\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-1024x405.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-300x119.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-768x303.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-1536x607.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-2048x809.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-1170x462.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-1920x758.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113433\/Picture4-2-585x231.png 585w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/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 IBHFL NCD IPO is prepared based on norms laid down by <\/span><a href=\"https:\/\/www.sebi.gov.in\/\"><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=\"size-large wp-image-6759 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113351\/Screenshot-2023-03-02-133407-1024x615.png\" alt=\"\" width=\"1024\" height=\"615\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113351\/Screenshot-2023-03-02-133407-1024x615.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113351\/Screenshot-2023-03-02-133407-300x180.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113351\/Screenshot-2023-03-02-133407-768x461.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113351\/Screenshot-2023-03-02-133407-1536x923.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113351\/Screenshot-2023-03-02-133407-1170x703.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113351\/Screenshot-2023-03-02-133407-585x351.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113351\/Screenshot-2023-03-02-133407.png 1653w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/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<h4><span class=\"ez-toc-section\" id=\"Snapshot_stating_the_Revenue_Expenses_EBIT_and_PAT_In_Crores\"><\/span><strong>Snapshot stating the Revenue, Expenses, EBIT and PAT (In Crores)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\"size-large wp-image-6757 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-1024x677.png\" alt=\"\" width=\"1024\" height=\"677\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-1024x677.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-300x198.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-768x508.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-1536x1016.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-2048x1354.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-1170x774.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-780x516.png 780w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-1920x1270.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-585x387.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113241\/Picture5-2-263x175.png 263w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Cash_flow_of_last_5_years_In_Crores\"><\/span><strong>Cash flow of\u00a0 last 5 years (In Crores)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><img decoding=\"async\" class=\"size-large wp-image-6758 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113321\/Copy-of-Cashflow-for-last-5-years-4-1024x560.png\" alt=\"\" width=\"1024\" height=\"560\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113321\/Copy-of-Cashflow-for-last-5-years-4-1024x560.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113321\/Copy-of-Cashflow-for-last-5-years-4-300x164.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113321\/Copy-of-Cashflow-for-last-5-years-4-768x420.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113321\/Copy-of-Cashflow-for-last-5-years-4-1170x639.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113321\/Copy-of-Cashflow-for-last-5-years-4-585x320.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113321\/Copy-of-Cashflow-for-last-5-years-4.png 1257w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/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<ul>\n<li><span style=\"font-weight: 400;\">*Cash flow from operating activities reflects the amount a company generates through its product of services.<\/span><\/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<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=\"size-full wp-image-6756 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113054\/Ratio-Analysis-1024x896-1.png\" alt=\"\" width=\"1024\" height=\"896\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113054\/Ratio-Analysis-1024x896-1.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113054\/Ratio-Analysis-1024x896-1-300x263.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113054\/Ratio-Analysis-1024x896-1-768x672.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18113054\/Ratio-Analysis-1024x896-1-585x512.png 585w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Issue_Analysis\"><\/span><strong>Issue Analysis\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h4><span class=\"ez-toc-section\" id=\"Pros\"><\/span><strong>Pros<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\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 effective yield is between 8.88% to 10.15% 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;\">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<h4><span class=\"ez-toc-section\" id=\"Cons\"><\/span><strong>Cons<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\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;\"><strong>To get better returns than Bank FDs, invest in NCD-IPOs online.\u00a0<\/strong><\/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 the 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><img decoding=\"async\" class=\"size-large wp-image-6755 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-1024x424.png\" alt=\"\" width=\"1024\" height=\"424\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-1024x424.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-300x124.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-768x318.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-1536x635.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-2048x847.png 2048w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-1170x484.png 1170w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-1920x794.png 1920w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2023\/10\/18112853\/Picture6-2-585x242.png 585w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Strengths\"><\/span><strong>Strengths\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\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<h4><span class=\"ez-toc-section\" id=\"Key_Points\"><\/span><strong>Key Points<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\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<h1 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;\"><strong>Invest in Bond IPO online in just 5 minutes<\/strong><\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><b>Source \u2013<\/b><span style=\"font-weight: 400;\"> Tranche III Prospectus October 13, 2023<\/span><\/p>\n<p><b>Disclaimer \u2013<\/b><span style=\"font-weight: 400;\"> The information is published as on date 18\/10\/2023 based on information available onTranche III Prospectus October 13, 2023. The information may be subject to change in case of change in terms of prospectus or any other reason as the case maybe. Contents which are exclusively for educational information\/knowledge sharing on capital market concepts and has no influence the investment\/sale decisions of any investors.<\/span><\/p>\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_285768832_7848\"\n           class=\" foo-table ninja_footable foo_table_7848 ninja_table_unique_id_285768832_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 \u00a0 India\u2019s one of the largest Housing Finance Company, Indiabulls Housing Finance Limited&hellip;<\/p>\n","protected":false},"author":4,"featured_media":12130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[161],"tags":[],"class_list":["post-6753","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 NCD IPO \u2013 October 2024, Should You Invest? - IBHFL\/IBIFL IPO<\/title>\n<meta name=\"description\" content=\"INDIABULLS HOUSING FINANCE NCD IPO (ibhfl ipo) \u2013 October 2023, 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\" 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