|₹53.45 / ₹23.45|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Incorporated on 28 Jan. '91, Ind Bank Housing (IBHL) commenced business on 5 Feb. '91 with the objective of providing long-term 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.