Indiabulls Consumer Finance Limited
ABOUT THE ISSUER
Indiabulls Consumer Finance Limited (formerly IVL Finance Limited and Shivshakti Financial Services Limited) (IBCFL), a Non- Banking Finance Company (NBFC), is a wholly owned subsidiary of Indiabulls Ventures Limited (IVL). On the back of digital transformation in the banking and financial services sector, Indiabulls Consumer Finance Limited (formerly IVL Finance Limited and Shivshakti Financial Services Limited) has found a sweet spot in the lending business backed by a future ready digital offering for today’s consumer – Indiabulls Dhani. Indiabulls Dhani, a mobile and web based loan fulfillment application, has been developed to cater to the aspirational needs of the everyday Indian by offering Personal Loans. IBCFL also caters to Small and Medium businesses by offering Business & Other Loans.
Issue Size: Rs.3,000 Crs
Tranche-I Base Issue Rs. 250 Crore with an option to retain oversubscription up to Rs.2,750 Crore aggregating up to Shelf Issue size of Rs.3,000 crores.
“AA (outlook Stable)” & "AA+ (outlook Stable)"
Rated by CARE and Brickworks
Minimum Application Size: Rs.10,000
or 10 NCDs with Face Value of Rs.1000 each
Log in to your AxisDirect account
Under Trading tab, click on IPO/OFS section
Click on “Current IPO/FD/OFS” tab
Select 'India Infoline Finance Limited' & “apply”