Mumbai (Maharashtra) [India], Sep 21 (ANI): Indiabulls Housing Finance Ltd (IBHFL) said on Tuesday that the base issue size of its public issue of secured redeemable non-convertible debentures and unsecured subordinated redeemable non-convertible debentures (NCDs) has been oversubscribed.

It said the issue saw healthy demand in retail category of investors with a total collection of Rs 807.83 crore. The issue also saw good interest from its existing NCD investors.

Also Read | Manhattan Book Group Lands Major Endorsement From Mariel Hemingway.

Overall, the tranche one issue saw interest from investors across series and tenures offering annual, monthly and cumulative interest options.

Edelweiss Financial Services, IIFL Securities and Trust Investment Advisors were lead managers to the NCD issue, which opened on September 6 and closed on September 20. (ANI)

Also Read | Gujarat: Jeweller Dies By Suicide in Rajkjot, Alleges Harrasment By Friend.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)