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Open
6 Sep 2004
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Close
10 Sep 2004
3
Allotment
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Listing
Fri, Sep 24, 2004
Price Band
₹16 to ₹19
Issue Size
2,71,87,519 shares (agg. up to ₹52 Cr)
Listing Date
Fri, Sep 24, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 18.04x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2004 | 31 Mar 2004 | 30 Jun 2003 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|---|
| Assets | 225.79 | 224.59 | 82.49 | 48.14 | 40.42 |
| Total Income | 23.13 | 71.95 | 9.06 | 26.67 | 13.26 |
| Profit After Tax | 5.54 | 19.35 | 2.29 | 5.10 | 4.06 |
| EBITDA | 10.79 | 36.54 | 5.35 | 12.74 | 5.99 |
| NET Worth | 106.36 | 102.32 | 32.62 | 30.28 | 25.16 |
| Reserves and Surplus | 32.46 | 28.45 | 12.19 | 9.85 | 4.72 |
| Total Borrowing | 118.82 | 121.70 | 49.47 | 17.76 | 15.26 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Promote New Business Activities | 400.00 |
| 2 | Upgrade Fixed Infrastructure and Open New Branches | 350.00 |
| 3 | Investments and Acquisitions | 570.00 |
| Total | 1,320.00 |
About Indiabulls Financial Services IPO
Incorporated in 2000, Indiabulls Financial Services Limited is leading private-sector financial services companies. The company was a stockbroking firm before expanding into multiple financial segments. The company diversified into housing finance, consumer lending, securities trading, insurance distribution, and wealth management services. The company, along with its subsidiaries, operated across various financial services businesses including home loans, SME loans, vehicle financing, loans against property, advisory services, and investment activities. It served customers through branch networks, digital platforms, and online financial solutions. Indiabulls also became known for its strong presence in housing finance through its subsidiary businesses and technology-driven lending operations. Over time, the Indiabulls Group underwent several restructurings and demergers. Businesses such as real estate, securities, and housing finance were separated into independent entities. In recent years, the group has focused on real estate development, digital finance, and lending solutions under various brands. The company has also gone through rebranding and consolidation initiatives to str
Contact Details
Indiabulls Financial Services Ltd. AddressF 60, IInd FloorMalhotra BuildingConnaught PlaceNew Delhi, New Delhi, 11000191-11-51523700ipo@indiabulls.comVisit Website