Ind Bank Housing Ltd

Ind Bank Housing Ltd (523465)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return10.61 %
3 Month Return9.56 %
1 Year Return-21.94 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 405
Rank 421
Rank 470
Dividend Yield
Rank 113
Rank 723
Price To Book Ratio
Rank 314
Debt To Asset
Rank 451

Company Information

Incorporated on 28 Jan.91 Ind Bank Housing IBHL commenced business on 5 Feb.91 with the objective of providing longterm finance to individuals and companies to construct or purchase residential premises in India. IBHL has been promoted jointly by Indian Bank with a 51 equity participation and HUDCO with a 25 equity participation. S Rajagopal is the chairman and A Viswanathan is the managing director of the company.In Oct.91 IBHL came out with a public issue of 24 lac equity shares at par aggregating Rs 2.4 cr. The proceeds of the issue were utilised to partfinance the disbursement of housing loans to the extent of Rs 100 cr. It has established branches in major cities like Madras Coimbatore Madurai Thanjavur Pondicherry Hyderabad Mangalore Bangalore Vishakapatnam etc and has a total of 14 branches.During the year 2000 your company has sanctioned Rs.3.57 crores for 350 units of the Golden Jubilee Special Rural Housing Scheme formulated by National Housing Bank inorder to ameliorate the living conditions of the rural population.
OrganisationInd Bank Housing Ltd