NCD IPO - Indiabulls Housing Finance

Indiabulls Housing Finance has announced a public issue of secured and or unsecured non-convertible debentures (NCDs). Offering coupon rates ranging from 8.05% to 9.75% per annum.

Rated AA with a stable outlook by Crisil Ratings and AA+ with a negative outlook by Brickworks Ratings. The first trance of the issue has a base size of ₹200 crores with the option to retain up to ₹800 crores of subscriptions, aggregating up to ₹1,000 crores.

Issue Period 6th September 2021 to 20th September 2021
Minimum Application 10 NCDs and in multiples of 1 thereafter
FV/Issue Price Rs. 1000 per NCD

Series Frequency of Payment Type of Insturment Tenor Cupon Rate Effective Yield
I Annual Secured 24 Months 8.75% 8,75%
II Cumulative Secured 24 Months NA 8.75%
III Monthly Secured 24 Months 8.42 8.75%
IV Annual Secured 36 Months 9.00% 9.00%
V Cumulative Secured 36 Months NA 9.00%
VI Monthly Secured 36 Months 8.66 9.00%
VII Annual Secured 60 Months 9.25% 9.25
VIII Monthly Secured 60 Months 8.89% 9.25%
IX Annual Unsecured 87 Months 9.75 9.75
X Monthly Unsecured 87 Months 9.35 9.75

is it possible to apply for this in zerodha ?

U can register in sbi online banking services using demat and apply for ncd

It will reflect in holdings

Not currently possible. You will have to apply through Netbanking ASBA using your Demat account details. You can check out the process here.

we can also apply for this through Goldenpi, right?

Yes, you can apply through GoldenPi as well.

what kind of risks are involved ?