Indiabulls Housing Finance Limited (IHFL) 9.15% NCDs – Basis of Allotment & Allotment Status

    20 Feb    Blog
    Feb 20

    Indiabulls Housing Finance Limited (IHFL) 9.15% NCDs – Basis of Allotment & Allotment Status

    Indiabulls Housing Finance Limited (IHFL) has announced the basis of allotment for its non-convertible debentures (NCDs), which opened on September 15th and closed on the second day itself on September 16th.

    Here is the Basis of Allotment among all categories of investors:

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    Category IV (Retail Individual Investors Portion) – In the case of allotment in Category IV, 12,569 valid applications for 51,18,857 NCDs received on September 15, 2016 and September 16, 2016 have been allotted 51,18,857 NCDs (100%), against the allocated bucket of 2.10 crore NCDs as per the prospectus. The unsubscribed portion of 1,58,81,143 NCDs spilled over to Category I.

    Category III (High Net Worth Individual Investors Portion) – In the case of allotment in Category III, 78 valid applications for 2,08,08,700 NCDs received on September 15, 2016 and September 16, 2016 have been allotted 2,08,08,700 NCDs (100%), against the allocated bucket of 2.10 crore NCDs as per the prospectus. The unsubscribed portion of 1,91,300 NCDs spilled over to Category I.

    Category II (Corporates Portion) – In the case of allotment in Category II, 16 valid applications for 47,800 NCDs received on September 15, 2016 and September 16, 2016 have been allotted 47,800 NCDs (100%), against the allocated bucket of 1.40 crore NCDs as per the prospectus. The unsubscribed portion of 1,39,52,200 NCDs spilled over to Category I.

    Category I (Qualified Institutional Investors Portion) – In the case of allotment in Category I, 14 valid applications for 4,56,50,000 NCDs received on September 15, 2016 have been allotted 4,40,24,643 NCDs (96.44%), against the allocated bucket of 1.40 crore NCDs as per the prospectus. Excess demand for 3,00,24,643 NCDs has been satisfied with unsubscribed portions from Category II, III and IV.

    If you want to check the allotment status, here is the link of Link Intime – http://linkintime.co.in/bonds/SelectClient.aspx?mode=allot

    Link Intime is the Registrar for this issue and if you have any query related to your application, allotment process or refund of application money, you can contact them at 022 – 2594 6970 or write a mail at bonds.helpdesk@linkintime.co.in

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