533520
Indiabulls Ltd
BSELast Traded Price
₹36.62
-1.39 (-3.66%)
Open
₹38.03
High
₹38.04
Low
₹35.21
Prev Close
₹38.01
Industry
Services
Market Cap
8,540.53 Cr
Filing History
Recent corporate announcements and filings for 533520
Business Update
Positive
2026-10-02 17:15
- Reserve Bank of India has granted a Certificate of Registration to Indiabulls Limited as a Core Investment Company.
- The company is evaluating the non-applicability of the certificate and may surrender it if required.
Ownership
Neutral
2026-09-29 11:36
- Phanes Limited and PACs acquired 22,52,50,000 and 14,02,50,000 convertible warrants respectively via preferential allotment on September 24, 2026.
- Post-acquisition, the total diluted shareholding stands at 39.45% of the target company, Indiabulls Limited.
Ownership
Neutral
2026-09-29 11:34
- Hermes Limited acquired 14,02,50,000 warrants and PAC acquired 22,52,50,000 warrants of Indiabulls Limited via preferential allotment on September 24, 2026.
- Total diluted shareholding of the acquirer and PAC stands at 39.45% post-acquisition.
Governance
Neutral
2026-09-28 17:56
- Indiabulls Limited held its 19th Annual General Meeting (AGM) on September 28, 2026.
- All resolutions relating to the adoption of financial statements, re-appointment of directors, remuneration approval, and appointment of independent directors were passed with the requisite majority.
- The company highlighted strategic updates, including the acquisition of a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore and the allotment of warrants.
Governance
Neutral
2026-09-28 17:51
- Indiabulls Limited held its 19th Annual General Meeting (AGM) on September 28, 2026, through video conferencing.
- All agenda items related to the adoption of financial statements, re-appointment of directors, remuneration approval, and appointment of independent directors were passed with the requisite majority.
- The company highlighted strategic updates, including the acquisition of a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore and the allotment of 51.55 crore convertible warrants.
Ownership
Neutral
2026-09-28 17:36
- Phanes Limited acquired 22,52,50,000 convertible warrants of Indiabulls Limited by way of preferential allotment on September 24, 2026.
- PACs acquired 14,02,50,000 convertible warrants on the same date.
- Total diluted shareholding of the acquirer and PACs stands at 39.45% after the acquisition.
Ownership
Neutral
2026-09-28 17:32
- Hermes Limited and PACs made a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
- Acquisition of 14,02,50,000 warrants by the acquirer and 22,52,50,000 warrants by PACs via preferential allotment on September 24, 2026.
- Post-acquisition total diluted shareholding stands at 39.45% (including warrants and ESOPs).
Ownership
Positive
2026-09-24 18:32
- Indiabulls Limited has allotted 51,55,00,000 convertible warrants at an issue price of INR 19.40 per warrant through a preferential issue.
- Warrants were allotted to promoter group entities (Phanes Limited and Hermes Limited) and non-promoter group entities (EBISU Global Opportunities Fund Limited and Nyaasa Global Fund VCC).
- The company received INR 250,01,75,000 as subscription money, which is 25% of the total issue price.
- The remaining 75% is payable within 18 months for conversion into fully paid-up equity shares of INR 2 each.
Business Update
Positive
2026-09-11 21:16
- Indiabulls to acquire 70% of Fintech Cloud Private Limited for ₹1,050 Cr, to be settled through issuance of equity shares via an NCLT Scheme.
- Fintech Cloud provides technology solutions to NBFCs, with FY26 revenue of ₹133.77 Cr and PBT of ₹30.31 Cr.
- The acquisition aims to enable Indiabulls to enter the fintech segment.
Business Update
Positive
2026-09-11 21:12
- Indiabulls to acquire 70% of Fintech Cloud Private Limited for ₹1,050 Cr.
- Consideration: Equity share issuance via NCLT scheme.
- Strategic move into fintech, providing tech solutions to NBFCs.
- Fintech Cloud FY26 Revenue: ₹133.77 Cr, PBT: ₹30.31 Cr.
Governance
Neutral
2026-09-03 18:55
- Indiabulls Limited submitted certificates, dated July 21, 2026, issued by Sukesh & Co., confirming compliance with SEBI LODR Regulations for Corporate Governance and Non-disqualification of Directors for the financial year ended March 31, 2026. The filing date is September 03, 2026.
Business Update
Neutral
2026-09-03 18:47
- Submission of Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 on a consolidated basis.
- The report covers ESG initiatives, corporate governance, and customer satisfaction.
- As of March 31, 2026, paid-up capital was INR 464.88 Cr.
- Permanent employee turnover rate for FY26 was 83%.
Governance
Negative
2026-08-26 18:46
CRITICAL RED FLAG DETECTED
- Indiabulls Limited appointed Dr. Sushi Singh as Non-Executive Independent Director effective August 26, 2026, for one year, subject to shareholder approval.
- This follows the resignation of Brig. Labh Singh Sitara (Retd.) as Independent Director, citing health and personal issues, effective August 26, 2026.
Business Update
Positive
2026-08-25 11:59
- Business Update: Indiabulls Limited entered into a Development Management agreement for a residential project in Gurugram on 10.84 acres.
- Project Details: Estimated saleable area of 21 lakh sq. ft. with a Gross Sales Value (GDV) of approximately ₹3,700 crores.
- Total Company GDV: Increased to ₹27,308 crores.
- Timeline: Project expected to launch by mid-October 2026.
Ownership
Neutral
2026-08-19 18:47
- Indiabulls Limited allotted 2,660,700 fully paid-up equity shares on August 19, 2026. This was due to the exercise of employee stock options under the ESOP Scheme – 2025, increasing the paid-up equity share capital.
Business Update
Negative
2026-08-19 09:07
CRITICAL RED FLAG DETECTED
- Update on EOW FIR (15.12.2025) and ongoing PIL alleging lending irregularities involving IHFL promoter.
- Matter is before the Supreme Court. All 197 questioned loans (₹8,267.86 Cr) confirmed fully repaid.
- EOW Status Report filed with Supreme Court on 11.08.2026.
Ownership
Positive
2026-08-03 18:08
- Application for "In-principle approval" to issue 51,55,00,000 warrants convertible into equity shares on a preferential basis.
- Post-issue (fully diluted), Promoter & Promoter Group holding increases from 32.91% to 39.49%.
- Foreign Portfolio Investors' shareholding increases from 16.73% to 18.83%.
Financials
Positive
2026-07-23 19:56
- Q1 FY27 Revenue: ₹384.4 crore
- Q1 FY27 Profit After Tax (PAT): ₹141.0 crore
- PAT Margin for Q1 FY27: 36.7%
- Broking business revenue grew 23% YoY to ₹35 Cr.
- Company maintains zero net debt; approved ₹1,000.07 Cr preferential capital raise to fund growth pipeline.
- Real estate operations recorded bookings of ₹3,003 Cr, with a total GDV of ₹23,608 Cr across 12 projects.
Financials
Positive
2026-07-23 19:37
- Consolidated Revenue ₹359.45Cr vs ₹91.62Cr (▲292.34% YoY)
- EBITDA ₹153.93Cr vs ₹13.52Cr (▲1038.54% YoY)
- PAT ₹141.02Cr vs ₹(1.81)Cr (Turnaround from Loss YoY)
- EBITDA Margin 42.82% vs 14.76% (▲2806bps)
Financials
Positive
2026-07-23 19:33
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹359.45Cr vs ₹91.62Cr (▲292.33% YoY)
- EBITDA ₹153.93Cr vs ₹13.52Cr (▲1038.53% YoY)
- PAT ₹141.02Cr vs ₹(1.81)Cr (Turnaround from loss YoY)
- EBITDA Margin 42.82% vs 14.76% (▲2806bps)
Governance
Neutral
2026-07-20 21:53
- Board meeting on July 23, 2026, to consider and approve unaudited financial results for the quarter ended June 30, 2026.
- Trading Window remains closed till July 25, 2026.
Ownership
Neutral
2026-07-10 09:50
- ACM Global Fund VCC sold 47,159,801 shares (2.03% of total voting capital) of Indiabulls Limited via open market on July 07, 2026.
- Post-sale, ACM Global Fund VCC's holding in Indiabulls Limited is 105,414,199 shares (4.53%).
Governance
Positive
2026-07-02 18:52
- EGM held on July 2, 2026, approved a preferential issue of INR 1000.07 Crore through warrants convertible into equity shares to Promoter and Non-Promoter Group Entities.
- The resolution was passed with a grand total of 99.7852% votes in favour.
Governance
Positive
2026-07-02 18:48
- An Extraordinary General Meeting (EGM) of Indiabulls Limited was held on July 2, 2026, through video conferencing.
- The EGM approved a preferential issue of INR 1000.07 Crore through warrants convertible into equity shares to Promoter and Non-Promoter Group Entities.
- The resolution was passed with 99.7852% votes in favour.
Routine
Neutral
2026-06-30 17:57
- Trading window for Indiabulls Limited closed from July 1, 2026.
- Closure is for the declaration of unaudited financial results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after the declaration of results.
Governance
Positive
2026-06-25 18:35
- Grant of 30,09,036 stock options under 'Indiabulls Limited Employee Stock Option Scheme – 2025'.
- Exercise price: ₹26 per share (against market price ₹25.75).
- Options vest within 5 years from June 26, 2027.
Business Update
Positive
2026-06-24 18:49
- Corrigendum to the EGM Notice dated June 10, 2026, for a preferential issue of convertible warrants to raise ₹1000.07 Cr.
- Funds are allocated for subsidiary growth (Real Estate, NBFC), working capital, and general corporate purposes.
- Corrects the Valuation Report to reference 'Audited standalone financials' instead of 'Unaudited' for March 31, 2026.
Business Update
Neutral
2026-06-11 18:28
- Investor/Analyst Meeting Schedule
- Meeting Date: 16th June, 2026
- Event: Systematix Promoters & Founders Forum 2026
- Format: Group Meeting (In Person)
Governance
Positive
2026-06-10 19:34
- An Extra-ordinary General Meeting (EGM) is scheduled for Thursday, July 2, 2026, at 11:30 A.M. (IST) via Video Conferencing (VC)/Other Audio Visual Means (OAVM).
- The EGM will seek shareholder approval for a preferential issue of ₹1000.07 Crore through convertible warrants.
- These warrants will be issued at ₹19.40 each to Promoter and Non-Promoter Group Entities and are convertible into equity shares within 18 months.
- E-voting for the resolution will commence on June 29, 2026, at 10:00 AM and close on July 1, 2026, at 5:00 PM.