The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, India. It was founded by Mr. Sameer Gehlaut (Chairman) in 1999, and operates in sectors spread across housing finance, real estate & wealth management. The three main independently listed companies of the group are Indiabulls Housing Finance Limited (IBHFL), Indiabulls Real Estate Limited (IBREL), and Indiabulls Ventures Limited (IBVL).[2] The Indiabulls Group has a net worth of ₹153.32 billion (US$2.3 billion) as of 30 June 2015 and is one of the top dividend paying groups amongst the Indian listed promoter owned group/companies.[3] In 2013, Indiabulls Financial Services reverse merged with its own subsidiary Indiabulls Housing Finance to form the flagship company of the group.[4

1. AN OVERVIEW ON THE INDIABULLS GROUP
Varun Kesavan, Research Scholar, E – Mail Id –
varunkesavan@yahoo.com
INTRODUCTION
Indiabulls is an Indian group with its Headquarters in Gurgaon and Corporate
Office in Mumbai. It has presence in sectors ranging from Real
Estate, Infrastructure, Housing Finance and Securities.
INDIABULLS GROUP
The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, India.
It was founded by Mr. Sameer Gehlaut (Chairman) in 1999, and operates in
sectors spread across housing finance, real estate & wealth management. The
three main independently listed companies of the group are Indiabulls Housing
Finance Limited (IBHFL), Indiabulls Real Estate Limited (IBREL), and Indiabulls
Ventures Limited (IBVL).[2]
The Indiabulls Group has a net worth of ₹153.32 billion (US$2.3 billion) as of 30
June 2015 and is one of the top dividend paying groups amongst the Indian listed
promoter owned group/companies.[3]

2. In 2013, Indiabulls Financial Services reverse merged with its own subsidiary
Indiabulls Housing Finance to form the flagship company of the group.[4
LISTINGS
All the group companies are independently listed on the Bombay Stock
Exchange and the National Stock Exchange. The combined market capitalization
of the companies is ₹325.4 billion (US$5.0 billion) as of 6 August 2015.
Indiabulls Real Estate Limited’s GDR’s are also listed on the Luxembourg stock
exchange.[
BUSINESS OPERATIONS
Its headquarters are Indiabulls House, Gurgaon. Its corporate office is Indiabulls
Finance Centre, Elphinstone, Mumbai. It has a presence across India and
representative offices in UK and Dubai.[6]
Indiabulls Housing Finance Limited
Indiabulls Housing Finance (IBHFL) was incorporated in May’ 2005 as a subsidiary
of Indiabulls Financial Services Ltd., registered as a Housing Finance Company
and regulated by National Housing Bank. It provides Home loans and Loan against
Property to individuals and corporates for purchase/construction of residential
property. IBHFL is the 2nd largest private housing finance company in India by

3. profits. The company has a loan book of ₹540.22 billion (US$8.3 billion). And it has
cumulatively disbursed loans of over ₹1 trillion(US$15 billion) as of June 30, 2015.
The company’s average ticket size for home loans is ₹2.4 million (US$37,000) and
average tenure is 15 years.[7][8][9] The Company has the highest long term credit
rating of from CARE and Brickwork ratings and AA+ from CRISIL and ICRA.[10][11]
Indiabulls Real Estate Limited
Indiabulls Real Estate was incorporated in the year 2005 with the focus on
construction and development of residential, commercial & SEZ projects across
major Indian Metros & London. It is the 3rd largest real estate company in India by
net worth and assets, with a total Gross Development Value of ₹349.6
billion (US$5.4 billion) and net worth of ₹72.18 billion (US$1.1 billion), as of June
30, 2015.
IBREL has presence in key Indian metros—Mumbai, Delhi and Chennai. Currently
it has 10 ongoing projects in India with total saleable area of 30.14m sqft, and 5
new projects are planned to be launched shortly with total saleable area of 7.87 m
sqft. Additionally the company has a fully paid for land bank of 1,017 acres & also
possesses 2,588 acres of SEZ land at Nashik, Maharashtra.
Indiabulls Real Estate has delivered two commercial towers in Mumbai—One
Indiabulls Centre &Indiabulls Financial Centre with over 3m sqft space, apart from
delivering projects in Madurai, Ahmedabad and Thane.

4. Recently, Indiabulls Real estate acquired the prime property, 22 Hanover Square
in central London for ₹16.3 billion (US$250 million).[12]
Indiabulls Ventures Limited
Indiabulls Ventures (formerly Indiabulls Securities) is an Indian Capital Markets
company providing securities broking and advisory services. It provides services
like Securities Broking, Advisory, Depository and Equity Research services and
offers commodities trading through a separate company. These services are
provided both through on-line and off-line distribution channels. Its in-house trading
platform is called ‘Power Indiabulls’.[13][14] Indiabulls Ventures has been assigned
the highest broker quality rating BQ-1 by CRISIL.[15]
Social Responsibility
Indiabulls Foundation (Indiabulls Groups CSR Arm) was set up in January, 2010
to provide an impetus to various social initiatives by Indiabulls Group. The
foundation supports inclusive growth in India through focused initiatives in the
identified areas of Health, Education, Sanitation, Nutrition, Disaster Relief and
Sustainable Livelihoods.[16][17]

5. Initiatives
Health:
1. JanSwasthyaKalyanVahika™ vehicles: 13 Mobile medical vans provide free
primary healthcare services to nearly 4,00,000 patients every year.
2. Free medical clinics to provide primary and preventive health care to the
underprivileged.
3. Cleft deformity surgery for 1,200 children across 6 states in India in
partnership with Smile Train, an international children charity.
4. Free medical camps conducted for ashram schools and rural communities.
Education:
1. Adopted 31 ashram schools in different districts of Maharashtra and
equipped it with sophisticated e-learning methods to enhance the quality of
education.
2. Awarded scholarships to 350 meritorious & deserving students to pursue
their higher education after 12th standard.
3. Tie-up with MKCL (Maharashtra Knowledge Corporation Ltd.) authorized
computer centers to help impart MSCIT courses to rural youth.
4. Children of ashram and adivasi schools in the Thane, Palghar and Raigad
districts given 10000 school bags.

6. Nutrition:
 Free PaushtikAahar (nutrition supplements) to 5,000 underprivileged
malnourished individuals every month, and regular monitoring of their health,
weight and height.[25]
Sanitation:
 Free sanitary napkins to promote hygiene and sanitation amongst rural women.
20,000 underprivileged and rural women are benefitted through this initiative.
Sustainable Livelihoods:
Support to ladies self-help groups to make its PaushtikAahar (nutritional
supplements) and provide sustainable employment options for the
underprivileged.[22]
Rural Empowerment:
Sponsored a water project called ‘Rahat’ at 3 Tribal Ashram Schools where there
was acute scarcity of water. Over 2,300 children of these tribal schools keep
benefitting from this initiative.[22]

7. Awards &Recognition
1. Indiabulls was conferred the status of a Business Superbrand by The Brand
Council, Superbrands India in 2008.[27]
2. Indiabulls Housing Finance was awarded the Presidential Award for ‘The
Fastest Growing Company' by NAREDCO in 2014.[28]
3. IBHFL was awarded "Best Employer Brand", June 2012 for its human
resource practice by The Institute of Public Enterprises.[29]
4. Indiabulls Housing was awarded the Best HFC of the year, 2013 at
ASSOCHAM Real Estate Excellence Awards.[30]
5. Indiabulls Real Estate project, Indiabulls Greens, Chennai won the
Construction Industry Award’ 2014 for excellence in Gated Community
Projects.[31]
6. Indiabulls Real Estate project, Indiabulls Golf City, Mumbai was awarded by
International Property Awards as the Best Golf Development in India for
Asia Pacific 2015.[32]
7. Indiabulls Real Estate commercial project, One Indiabulls Center, was
awarded as the Best Commercial Property at the Awaaz CRISIL CREDAI
Real Estate Awards in 2009.[33][34]