Public company | |
Traded as | : INDIABULLS : |
Industry | Financial Services, Real Estate, Securities |
Founded | Jan, 2000 |
Headquarters | Gurgaon, India |
Key people
|
Sameer Gehlaut (Chairman and Founder) |
Products | Securities, Consumer Finance, Mortgages, Real Estate, Housing Finance, Mortgage Loans |
Number of employees
|
7000 (2015) |
Website | www.Indiabulls.com |
Indiabulls is an Indian group with its Headquarters in Gurgaon and Corporate Office in Mumbai. It has presence in sectors ranging from Real Estate, Infrastructure, Housing Finance and Securities.
The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, India. It was founded by Mr. Sameer Gehlaut (Chairman) in 1999, and operates in sectors spread across housing finance, real estate & wealth management. The three main independently listed companies of the group are Indiabulls Housing Finance Limited (IBHFL), Indiabulls Real Estate Limited (IBREL), and Indiabulls Ventures Limited (IBVL).
The Indiabulls Group has a net worth of ₹153.32 billion (US$2.3 billion) as of 30 June 2015 and is one of the top dividend paying groups amongst the Indian listed promoter owned group/companies.
In 2013, Indiabulls Financial Services reverse merged with its own subsidiary Indiabulls Housing Finance to form the flagship company of the group.
All the group companies are independently listed on the Bombay Stock Exchange and the National Stock Exchange. The combined market capitalization of the companies is ₹325.4 billion (US$4.8 billion) as of 6 August 2015.
Indiabulls Real Estate Limited’s GDR’s are also listed on the Luxembourg stock exchange.
Headquarters: Indiabulls House, Gurgaon; Corporate office: Indiabulls Finance Centre, Elphinstone, Mumbai; Presence: Across India and representative offices in UK & Dubai.
Indiabulls Housing Finance Ltd (IBHFL) was incorporated in May’ 2005 as a subsidiary of Indiabulls Financial Services Ltd., registered as a Housing Finance Company and regulated by National Housing Bank. It provides Home loans and Loan against Property to individuals and corporates for purchase/construction of residential property. IBHFL is the 2nd largest private housing finance company in India by profits. The company has a loan book of ₹540.22 billion (US$8.0 billion). And it has cumulatively disbursed loans of over ₹1 trillion (US$15 billion) as of June 30, 2015. The company’s average ticket size for home loans is ₹2.4 million (US$36,000) and average tenure is 15 years.