close

Indiabulls Housing Finance Ltd

Know More
NSEBSE

185.20-3.05 (-1.62%)

03:59 PM,26th Sep 2023

185.15-3.05 (-1.62%)

04:01 PM,26th Sep 2023

BSE : 535789

NSE : IBULHSGFIN

Sector : Financials

ISIN Code : INE148I01020

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Sep 26 2023 | 04:01 PM IST

Market Cap (₹ Cr)

8734

Turnover (₹ Cr)

15.41

Volume (Shares)

8319468

Face Value

2

52-WK High

207.70

52-WK High Date

31 Aug 2023

52-WK Low

91.80

52-WK Low Date

29 Mar 2023

All Time High

1440.00

All Time High Date

29 Jan 2018

All Time Low

81.00

All Time Low Date

20 Mar 2020

Indiabulls Housing Finance Ltd

Indiabulls Housing Finance Ltd. (IBHFL) is the third largest housing finance company which was incorporated on May 10 2005. The company provides home loans and loans against property. They also offer plot loans and loans against residential commercial and rental property. The company is headquartered in New Delhi.The Company is engaged in the business of providing finance to persons body of individuals companies institutions firms builders contractors etc for construction erection building repair remodeling development improvement purchase etc; to build to take on lease purchase or acquire in any manner whatsoever any apartments houses flats bungalows township rooms etc; to carry on the business of financial advisors and consultants on its own or jointly with others.In December 28 2005 the company was registered to carry on the business of a Housing Finance Institution but does not have permission from the National Housing Bank to accept public deposits.Indiabulls Housing Finance Ltd operates as a subsidiary of Indiabulls Financial Services Ltd.In 2014 the Company has been awarded as the Fastest Growing Housing Finance Company of the Year 2013-14 by NAREDCO. In 2015 the company has acquired about 40 per cent stake in UK-based Oak North Bank for USD 100 million (about Rs 660 crore). The company was awarded `Best Housing Finance Company' by Realty Plus and `Best Affordable Housing Finance Company of the Year' by ASSOCHAM. The company also announced the launch of `Indiabulls Customer Connect' - an exclusive branch to address all service related inquiries of the customers. The company expanded its overseas presence with the launch of its first representative office in Dubai. On 25 April 2016 IBHFL announced that it has expanded its tie-up with HDFC Life by signing an agreement to distribute HDFC life's retail life health and pension products. This is in addition to the already existing association to distribute `Credit Protect Plus' which covers loan repayment in the event of death of the customer.On 4 July 2016 Indiabulls Housing Finance Limited announced that credit rating agency CARE has upgraded the company's subordinate-debt rating to AAA. On 7 September 2016 Indiabulls Housing Finance announced that it had raised Rs 1330 crore through unrated rupee denominated Masala bonds with a tenor of 3 years and 1 month bearing a coupon of 8.57%.On 16 September 2016 Indiabulls Housing Finance Limited announced that it had pre-closed its public issue of NCDs on the second day since opening. The issue was subscribed over 2 times on the base issue of Rs 3500 crore with bids on BSE and NSE crossing over Rs 7200 crore. On 3 January 2017 Indiabulls Housing Finance announced reduction in interest rate on home loan by 45 basis points to 8.65% for new home loans up to 75 lakh for women applicants/co-applicants and 8.70% for others. On 21 January 2017 Indiabulls Housing Finance announced reduction in interest rate on home loans for existing home loan customers by 15 basis points. On 16 February 2017 India Index Services & Products Ltd (IISL) an NSE group firm that manages Nifty 50 index and other NSE indices announced the inclusion of Indiabulls Housing Finance (IBHFL) in the Nifty 50 index with effect from 31 March 2017.On 16 May 2017 Indiabulls Housing Finance Limited announced reduction in interest rate on home loans by 15 basis points to 8.35%. On 5 June 2017 Indiabulls Housing Finance Limited announced that credit rating agency ICRA has upgraded the long-term rating of the company to [ICRA] AAA from its earlier assigned rating of [ICRA] AA+. On 14 November 2017 IBHFL announced that it has sold one-third of its stake in OakNorth Bank to Government of Singapore owned investment arm GIC for Rs 770 crore. IHFL had invested Rs 663 crore in November 2015 for a 40% stake in the UK bank.On 29 November 2017 Indiabulls Housing Finance Limited announced that credit rating agency CRISIL has upgraded the long-term rating of the company and its wholly owned subsidiary Indiabulls Commercial Credit Limited (ICCL) to the highest rating of [CRISIL] AAA/ Stable from its earlier assigned rating of [CRISIL] AA+/Positive. In upgrading the rating CRISIL has factored the company's continued healthy asset quality robust capitalisation strong profitability healthy cover for asset-side risks and sufficient liquidity.On 29 December 2017 Indiabulls Housing Finance Limited (IBHFL) announced that it has issued India's 1st Social Affordable Housing Bond of Rs 1000 crore with the proceeds being used towards financing the affordable housing sector. This landmark issue was solely arranged and subscribed by Yes Bank India's 5th largest private sector Bank.During FY 2019-20 the Board of Directors of the Company approved the merger of the Company and its wholly owned Subsidiary Indiabulls Commercial Credit Limited with Lakshmi Vilas Bank (LVB) effective on May 3 2019.During the FY 2020-21 the Company sold 91% of its stake held in OakNorth Holdings Ltd. (the wholly owning parent companyof OakNorth Bank plc); and consequently as at March 31 2021 the Company holds 1.45% in OakNorth Holding Ltd.During FY 2020-21 the Company raised by way of private placement Rs. 2780 Crores of Secured NCDs having a face value Rs. 1000000 each and said NCDs were listed on WDM segment of BSE Limited (BSE) and National Stock Exchange of India Limited (NSE).During the year 2012-13 the Merger of erstwhile Indiabulls Financial Services Limited (IBFSL the Holding Company) with the Company was effective from April 1 2012. As a result IBFSL stood amalgamated with IBHFL as a going concern. The Company launched advisory services for the benefit for NRIs and PIOs in and around UK.

Indiabulls Housing Finance Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

8734

EPS - TTM (₹) [S]

19.27

P/E Ratio (X) [S]

0.54

Face Value (₹) 2
Latest Dividend (%)62.50
Latest Dividend Date 18 Sep 2023
Dividend Yield (%) 0.66
Book Value Share (₹) [S]339.89
P/B Ratio (₹) [S]0.54
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Invesco India Arbitrage Fund (G) 81.61 4115700 1.17
Invesco India Arbitrage Fund (IDCW) 81.61 4115700 1.17
Invesco India Arbitrage Fund - Direct (G) 81.61 4115700 1.17
Invesco India Arbitrage Fund - Direct (IDCW) 81.61 4115700 1.17
Invesco India Arbitrage Fund - Dir (Annual-B) 81.61 4115700 1.17
Nippon India Arbitrage Fund (G) 78.98 3983100 0.76
Nippon India Arbitrage Fund (IDCW) 78.98 3983100 0.76
Nippon India Arbitrage Fund - Direct (G) 78.98 3983100 0.76
Nippon India Arbitrage Fund - Direct (IDCW) 78.98 3983100 0.76
Nippon India Arbitrage Fund (IDCW-M) 78.98 3983100 0.76

Load more

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

184.05

190.85

Week Low/High

183.45

203.00

Month Low/High

158.10

208.00

Year Low/High

91.80

208.00

All time Low/High

81.25

1440.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-6.93%-7.10%-2.44-2.33%
1 Month6.87%7.08%1.632.07%
3 Month59.11%59.17%4.715.35%
6 Month92.82%94.13%14.6316.05%
1 Year56.68%56.75%13.5113.49%
3 Year27.37%27.50%76.3877.96%

Financials

Graph
Table

Bulk/ Block

ALL
NSE
BSE
ALL
BUY
SELL
DateClient NameExchangeTransactionQuantityPrice
13-09-2023GRAVITON RESEARCH CAPITAL LLPNSESELL2695075181.47
13-09-2023GRAVITON RESEARCH CAPITAL LLPNSEBUY2695075181.49
13-09-2023HRTI PRIVATE LIMITEDNSEBUY2516024179.53
13-09-2023HRTI PRIVATE LIMITEDNSESELL2651112180.02
12-09-2023HRTI PRIVATE LIMITEDNSESELL2599135178.20
12-09-2023HRTI PRIVATE LIMITEDNSEBUY2736109176.80
01-09-2023GRAVITON RESEARCH CAPITAL LLPNSESELL3568566197.81
01-09-2023GRAVITON RESEARCH CAPITAL LLPNSEBUY3568566198.73
31-08-2023GRAVITON RESEARCH CAPITAL LLPNSEBUY2416669200.61
31-08-2023GRAVITON RESEARCH CAPITAL LLPNSESELL2416669200.58

Load More

Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Archive
CategoryShare(%)
Promoter0.00
Financial Institutions Banks0.00
Foreign Institutional Investors18.52
Insurance Companies8.44
Mutual Funds Uti7.64
Other Institutional Investors0.02
Indian Public41.28
Others Non Institutional Investors19.11
Custodians4.99

Corporate Action

Announcement DatePurposeFromToRemarks
Data Not Found

Price History

Search for Price History

DateOpenHighLowCloseSharesTrades
Data Not Found

Load more

Company Info

Company Information

Vice Chairman & M.D. : Gagan Banga

Company Secretary : Amit Jain

Independent Director : Shamsher Singh Ahlawat

Chairman & Exec. Director : Sameer Gehlaut

Independent Director : Prem Prakash Mirdha

Executive Director : Ajit Kumar Mittal

Whole-time Director : Ashwini Omprakash Kumar

Independent Director : Kamalesh Shailesh Chandra Chakrabarty

Independent Director : Bisheshwar Prasad Singh

Director : Manjari Ashok Kacker

Independent Director : Labh Singh Sitara

Independent Director : Gyan Sudha Misra

Executive Director : Sachin Chaudhari

Independent Director : Subhash Sheoratan Mundra

Registered Office: M-62 & 63 First Floor, Connaught Place,New Delhi,New Delhi-110001 Ph: 91-11-6681199

Email:helpdesk@indiabulls.com

URL:http://www.indiabulls.com