India
NRI
Dewan Housing Finance Corporation Limited
ABOUT THE ISSUER
Dewan Housing Finance Corporation Ltd. (DHFL) is a deposit-taking housing finance company, headquartered in Mumbai with branches in major cities across India. DHFL was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India. DHFL is the second housing finance company to be established in the country. The company also leases commercial and residential premises. DHFL is among the 50 biggest financial companies in India.
ISSUE DETAILS
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Issue Size: Rs.12,000 Crs
Base Issue Rs.3,000 Crore with an option to retain over subscription up to Rs.9,000 Crore aggregating up to Tranche – 1 Issue Limit of Rs.12,000 crores.
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“AAA/Stable” & “AAA” with stable outlook
Rated by CARE and Brickwork
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Minimum Application Size: Rs.10,000
or 10 NCDs with Face Value of Rs.1000 each
COUPON RATE
STEPS
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Step 1
Log in to your AxisDirect account
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Step 2
Under Trading tab, click on IPO/OFS section
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Step 3
Click on “Current IPO/FD/OFS” tab
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Step 4
Select 'Dewan Housing Finance Corporation Limited' & “apply”