Breaking News

You are here » Indian-Commodity  :  Top News  :  Indiabulls Real Estate to raise Rs 500 crore through debentures

23-Jun2017

Indiabulls Real Estate to raise Rs 500 crore through debentures

Indiabulls Real Estate is planning to raise Rs 500 crore through private placement of debentures. The company has proposed to issue Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating Rs 500 crore, on a private placement basis, pursuant to a special resolution passed by the shareholders of the company. The issue opening date of NCDs will be June 28, 2017 and will be listed on BSE.

Indiabulls Real Estate is India's third largest real estate company, with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros.



Related News

View all news

Gold futures finish at one month low on Monday

Gold futures finished at one month low on Monday, with the increased risk appetite among investors improved stock markets and dulled bullion investments. Besides, a stronger dollar amid the anticipated......

Physical rubber prices ruled steady on Saturday

Physical Rubber prices ruled steady on Saturday due to buyer resistance in the market. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 125/ kg and Rs 120.50/ kg respectively.In the futures......

Gold futures trade almost steady on Monday

Gold futures traded almost steady on Monday, with cautious outlook from investors as they eyed on impending report from china showcasing dimmed economic growth to its slowest in 28 years in 2018 in face......

Top News

View all news

Coromandel International reports 14% fall in Q3 consolidated net profit

Coromandel International has reported results for third quarter ended December 31, 2018.The company has reported a fall of 15.23% in its net profit at Rs 152.67 crore for the quarter under review as compared......

Bajaj Auto planning to foray into electric vehicles next year

Bajaj Auto is planning to foray into electric vehicles (EV) next year, simultaneously with the migration of its conventional engine vehicles to BS-VI emission norms.The company also plans to launch electric......

Inflame Appliances, Lupin and IDBI Bank to see some action today

Inflame Appliances has set up a new facility to produce Electrical Chimneys & its parts, which can be considered as an 'Make in India' initiative as more than 90% Chimneys are imported from China......