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GIC Housing Finance raises Rs 100 crore via NCDs
Sep-29-2026

GIC Housing Finance has raised Rs 100 crore through the allotment of 10,000 Non-Convertible Debentures (NCDs) having a face value of Rs 1,00,000 each on a private placement basis on September 28, 2026. The allotment has been made through private placement via the Electronic Book Provider (EBP) platform of BSE. The NCDs are proposed to be listed on BSE.

GIC Housing Finance was formed with the objective of entering in the field of direct lending to individuals and other corporates to accelerate the housing activities in India. The primary business of the company is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.   


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