Indiabulls Housing Finance Limited has announced that the Company proposes to issue 500 Secured Non-Convertible Redeemable Debentures with a face value of Rs. 10 lakh each aggregating to Rs. 50 Crores plus Greenshoe Option, on Private Placement basis.
Indiabulls Housing Finance Limited has announced that the Company proposes to issue 500 Secured Non-Convertible Redeemable Debentures with a face value of Rs. 10 lakh each aggregating to Rs. 50 Crores plus Greenshoe Option, on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 10th Annual General Meeting held on September 7, 2015, on the terms and conditions.
Indiabulls Housing Finance Ltd ended at Rs. 669.2, up by Rs. 0.4 or 0.06% from its previous closing of Rs. 668.8 on the BSE.
The scrip opened at Rs. 670.6 and touched a high and low of Rs. 685.1 and Rs. 664.2 respectively. A total of 5541466(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 28197.26 crore.
The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 820 on 10-Aug-2015 and a 52 week low of Rs. 518 on 07-May-2015. Last one week high and low of the scrip stood at Rs. 703.65 and Rs. 661.35 respectively.
The promoters holding in the company stood at 24.19 % while Institutions and Non-Institutions held 60.63 % and 14.47 % respectively.
The stock traded above its 200 DMA.
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