12:00 AM, 28th Jan 2025
Indiabulls Housing Finance Limited has informed the Exchange regarding 'In furtherance to our earlier intimations dated January 22, 2025 and January 27, 2025 with respect to the Issue, which opened on January 22, 2025 and closed on January 27, 2025, we wish to inform you that the Securities Issuance and Investment Committee of the Company, at its meeting held today, i.e., January 27, 2025, approved the allotment of 8,66,66,666 Equity Shares of face value of ₹ 2 each, to eligible qualified institutional buyers at the Issue price of ₹ 150 per Equity Share, including a premium of ₹ 148 per Equity Share (which includes a discount of ₹ 1.09 per Equity Share, i.e., 0.72% on the floor price, as determined in terms of SEBI ICDR Regulations), aggregating to ₹ 13,000 millions (Rupees Thirteen thousand million only), pursuant to the QIP in accordance with provisions of SEBI ICDR Regulations.For further details, refer attachment.'.