Indiabulls is a diversified group having its presence in various sectors which includes Infrastructure, Real Estate, Securities, and Housing Finance. The organization is headquartered in Gurgaon, bears its Corporate office in Mumbai and is well spread across India and also has representative offices in United Kingdom and Dubai. Indiabulls is headed by its founder cum Chairman Mr.Sameer Gehlaut in the year 1999. The three independently operating firms of the group are Indiabulls Real Estate Limited (IBREL), Indiabulls Housing Finance Limited (IBHFL), and Indiabulls Ventures Limited (IBVL). These group companies are independently enlisted on the Bombay Stock Exchange and National Stock Exchange. Indiabulls Real Estate Limited’s GDR are listed on listed on Luxembourg Stock Exchange.
Indiabulls has net worth of Rs. 153.32 billions (i.e. 2.3 Billion US Dollars) as of 30th June 2015. Indiabulls has been one of the highest dividend paying groups in the Indian listed promoter owned companies/groups. The combine market capitalisation of the companies is Rs.325.4 billion (i.e. 4.7 Billion US dollars) as of 6th August 2016.
Indiabulls Housing Finance Limited (IBHFL):
IBHFL was established as a subsidiary of Indiabulls Finance Services Limited in May 2005. The organization was registered as Housing Finance Company and was regulated by National Housing Bank. The company was established with an aim to provide loan products such as Home Loans and Loan against Property to individuals as well as corporates for purchase and construction of residential properties. IBHFL ranks as the 2nd largest housing finance company in private sector in India by profits. Company’s loan book is around Rs.540.22 billion (i.e. 8 Billion US Dollars). The organization has cumulatively disbursed housing loans of more than 1 trillion (i.e. 15 billion US dollars) as on June 2015. An average ticket size of home loans provided by the company is Rs.2.4 million (36,000 US Dollars) with an average tenure of the loan being 15 years. The organization bears the highest long term credit rating as per CARE and Brickwork Ratings. The organization has also been rated as AA+ by CRISIL and ICRA.
Indiabulls Real Estate Limited
Indiabulls Real Estate Limited - IBREL was established in the year 2005 with aim to help establishment of commercial, residential, and SEZ projects across major metropolitan cities in India and London. IBREL ranks as the 3rd largest real estate organization in India asset and net worth wise with a Gross Development Value of Rs.396 billion (i.e. 5.2 billion US Dollars) and net worth of Rs.72.18 billion (i.e. 1.1 billion US Dollars) as of 30thJune 2015. IBREL has its presence across the all the metropolitan cities of India. IBREL has been accredited with AA- credit rating in long term debt category and A+ Care Rating for short term loans. IBREL has also been accredited with international rating of B+ by S&P and B1 rating by Moddy’s. Indiabulls Golf City- A Mumbai based project of Indiabulls Real Estate Limited has been awarded as the Best Golf Development - Asia Pacific in International Property Awards in the year 2015.
Indiabulls Ventures Limited
Indiabulls Ventures Limited which was formerly known as Indiabulls Securities is capital markets organization that provides broking, securities and advisory services in India. The organization also provides equity and depository services. The organization provides its services through online as well as offline methods of distributions. The company’s in-house platform for trading is known as “Power Indiabulls”. The organization has been rated BQ-1 by CRISIL which is the highest broker quality rating.
Social Responsibility :
Indiabulls Foundation as is a group that caters for the social responsibility of the group by taking several initiatives towards Health, Education, Sanitation, Disaster relief, Nutrition, and also sustainable livelihoods. The organization was established in January 2010 with an aim to serve humanity through its good initiatives.
Health: The organization runs 13 numbers of mobile medical vans that provides free healthcare services both in urban and rural parts of India. Around 4,00,000 numbers of patients are served through mobile medical vans every year. Apart from medical vans the organization also establishes health clinics where preventive as well as primary health treatment of underprivileged patients is done free of cost. The organization also conducts fee medical camps in schools, colleges, organization and rural parts of the country.
Education: The organization adopts schools and furnishes them with latest technologies that would promote child development by providing them a quality education through e-learning. So far the organization has adopted 31 ashram schools in Maharashtra. The organization also provides scholarships to outstanding students. So far 350 meritorious students have been awarded this scholarship to pursue further studies after 12th grade. The organization also has a tie-up with Maharashtra Knowledge Corporation Limited through which the company establishes authorises computer centres especially for the youth of rural India. The organization has also provided 10,000 school bags to children from ashrams and adivasi schools.
Nutrition: The organization provides free nutrition supplements to the children and women who are malnourished and underprivileged. Free Nutrition is provided to children on a monthly basis to ensure that children and women of the country remain healthy and also their health, weight and heights are monitored on a regular basis under this programme.
Sanitation: The organization promotes the importance of sanitation by distribution of sanitary napkins to rural underprivileged women.
Rural Empowerment: The organization takes up the causes that would lead to development of rural parts of the country. One such initiative is called Rahat – A water project by Indiabulls foundation where in 3 Tribal Ashram Schools the problem of acute scarcity of water was resolved and over 2300 children got benefitted from the project.