Indiabulls


Indiabulls is India’s leading Financial Services and Real Estate company having over 640 branches across India. Indiabulls serves the financial needs of more than 4,50,000 customers with its wide range of financial services and products from securities, derivatives trading, depositary services, research &
advisory services, consumer secured & unsecured credit, loan against shares and mortgage & housing finance. Having around 4000 Relationship Managers, Indiabulls helps its clients to satisfy their customized financial goals. Indiabulls through its group of companies has entered into the Indian Real Estate business in 2005. It is currently evaluating several large-scale projects worth several hundred million dollars.

Activities

Indiabulls being a retail focused organization fulfills the credit need of a large percentage of population in India. The key aspect of Indiabulls business model is to provide an extremely unique customer experience.

Indiabulls has commenced lending of Mortgage Loans to prospective customers under the flagship of Indiabulls Housing Finance Ltd. Here we enable home-seekers to access finance to buy their homes. We also provide plot loans, Loan against Residential, Commercial and Rental Property, thereby enabling the borrower to leverage the property owned to fund any legitimate needs be it Business Expansion, Child's Education, Child's Marriage or for Holiday Abroad.

Indiabulls Real Estate Limited (IREL) is poised to be one of the largest listed real estate companies in India. A leading player across residential and commercial real estate projects, IREL is partners with internationally acclaimed consultants, for its developments. Currently, its projects at various stages

of execution are valued at nearly 5 billion dollars and they include high end office and commercial spaces, premium residential developments, and Special Economic Zones, covering a land area in excess of 7730 acres.

Performance

Indiabulls Financial Services has reported a 209-per cent increase in its standalone net profit for the fourth quarter ended March 31, 2007.

Net profit for the quarter rose to Rs 68.49 crore from Rs 22.12 crore in the corresponding year-ago quarter.

For the year ended March 31, 2007, net profit, at Rs 153 crore (Rs 74.26 crore), doubled from the previous fiscal, while total revenues, at Rs 353.7 crore, rose 67 per cent.

Organization

Mr Sameer Gehlaut - Indiabulls Chairman and CEO
Contact Details
Head Office: 7 Bhikaiji Cama Place,
New Delhi - 110 066
India.

• ONGC

HDFC India Real Estate Fund