Indiabulls Consumer Finance Limited NCD
Indiabulls Consumer Finance Limited (IBCFL),formerly IVL Finance Limited is a non-deposit taking NBFC registered with the Reserve Bank of India and is a 100% subsidiary of Indiabulls Ventures Limited. As digitization transformed the banking and financial sector, the company recognized a great opportunity and ventured into the retail lending space with Indiabulls Consumer Finance Limited (IBCFL), formerly IVL Finance Limited.
On the back of this digital transformation, Indiabulls Consumer Finance Limited (IBCFL),formerly IVL Finance Limited. has struck a sweet spot by providing a future ready digitised product to its consumers with Indiabulls Dhani. Indiabulls Dhani is a completely online personal loan fulfillment offering which provides customers with money directly in their bank accounts. The product has been developed to cater to the aspirational needs of the everyday Indian by providing speed and convenience to their personal loan needs.
Along with personal loans, IBCFL also caters to small and medium businesses by offering business and other Loans.
The company is a pioneer of the online trading platform in the country. The company provides its healthy client base, in excess of 6 lacs, with investment solutions across asset classes through a dedicated sales team of more than 900 individuals across 18+ cities. The company is also engaged in the marketing of non-discretionary wealth management products through its subsidiaries.
Indiabulls Ventures is a part of the Indiabulls Group, which is one of the country’s leading business houses with interests in housing finance, real estate, securities, personal financing, construction equipment leasing and facilities sector. The group had combined revenues of over Rs. 22,114.9 Cr. and PAT of over Rs. 6,072.2 Cr. as on 31st March 2018 its companies are listed on the Luxembourg Stock Exchange, BSE Limited and the National Stock Exchange of India Limited. The combined market capitalization of these companies for the financial year 2017-18 was Rs. 75,838.2 Cr.
Objective of NCD Indiabulls Consumer Finance Limited NCD:
Indiabulls Consumer Finance Limited NCD Details:
|Open Date:||Feb 04 2019|
|Close Date:||Mar 04 2019|
|Issue Type:||Fixed Price Issue NCD|
|Issue Size:||₹ 3000 Cr.|
|Face Value:||₹ 1000 Per NCD|
|Market Lot:||1 NCD|
|Minimum Order Quantity:||10 NCD|
Lead Manager of Indiabulls Consumer Finance Limited NCD:
- A. K. Capital Services Limited
- Axis Bank Limited
- Edelweiss Capital Limited
- Trust Investment Advisors Private Limited
Registrar of Indiabulls Consumer Finance Limited NCD:
- Karvy Computershare Private Limited