COMPANY PROFILE

INDIABULLS
Indiabull

Type
Traded as
Industry

Public company
NSE: INDIABULLS
BSE: 532544
Financial Services,

Real

Estate,

Power
Founded
May, 2000
Headquarters
Gurgaon, India[1]
Sameer Gehlaut, Chairman & CEO,
Key people

Products
Website

Rajiv Rattan, Vice Chairman, Saurabh

Mittal, Vice Chairman
Securities,
Consumer

Finance,

Mortgages, Real Estate

www.Indiabulls.com

ABOUT US
In middle of 1999, when e-commerce was just about starting in India, Sameer Gehlaut and his
close IIT Delhi friend Rajiv Rattan got together and bought a defunct securities company with a
NSE membership and started offering brokerage services. A Few months later, their friend
Saurabh Mittal also joined them. By December 1999, the company embarked on its journey to
build one of the first online platforms in India for offering internet brokerage services. In January
2000, the 3 founders incorporated Indiabulls Financial Services and made it as the flagship
company.
In mid 2000, Indiabulls Financial Services received venture capital funding from Mr L.N. Mittal
& Mr Harish Fabiani. In late 2000, Indiabulls Securities, a subsidiary of Indiabulls Financial
1

Services started offering online brokerage services and simultaneously opened physical offices
across India. By 2003, Indiabulls securities had established a strong pan India presence and client
base through its offices and on the internet.
In September 2004, Indiabulls Financial Services went public with an IPO at Rs 19 a share.
In late 2004, Indiabulls Financial Services started its financing business with consumer loans.
In March 2005, Indiabulls Properties Private Ltd, a subsidiary of Indiabulls Financial Services,
participated in government auction of Jupiter Mills, a defunct 11 acre textile mill owned by NTC
in Lower Parel, Mumbai. Indiabulls Properties private Ltd won the mill in auction and that
purchase started Indiabulls real estate business. A few months later, Indiabulls Real Estate
company pvt ltd bought Elphinstone mill in Lower Parel, another textile mill auctioned by NTC.
With real estate business gaining size, Indiabulls Financial Services demerged the real estate
business under Indiabulls Real Estate and each shareholder of Indiabulls Financial Services
received additional share of Indiabulls Real Estate through the demerger. Subsequently,
Indiabulls Financial Services also demerged Indiabulls Securities and each shareholder of
Indiabulls Financial Services also received a share of Indiabulls Securities.
In year 2007, Indiabulls Real Estate incorporated a 100% subsidiary, Indiabulls Power, to build
power plants and started work on building Nashik & Amrawati thermal power plants. Indiabulls
Power went public inSeptember 2009.
Today, Indiabulls Group has a networth of Rs 19,320 Crore & has a strong presence in important
sectors like financial services, power & real estate through independently listed companies and
Indiabulls Group continues its journey of building businesses with strong cash flows.

CHAIRMANS DESK
Sameer Gehlaut
Chairman, Indiabulls Group
Sameer Gehlaut has been the chairman of Indiabulls Group since inception. He is also the
chairman of major Indiabulls companies: Indiabulls Power, Indiabulls Housing Finance &
Indiabulls Real Estate. Under his leadership, Indiabulls Group has grown in scale and size to a
business house with strong businesses in various sectors.

Mr Gehlaut started Indiabulls Group after working briefly with Halliburton before returning to
India. Mr Gehlaut received a B.Tech degree in Mechanical Engineering from Indian Institute of
Technology, Delhi.

MANAGEMENT TEAM
Indiabulls Group

Mr Rajiv Rattan - Vice Chairman

Mr Saurabh Mittal - Vice Chairman

Mr Ashok Kacker - Group President

Mr Ashok Sharma - Group CFO

Mr Ajit Mittal - Group Director

Mr Gurbans Singh - Group Director

Mr Tejinderpal Singh Miglani - Group CIO

Indiabulls Housing Finance Limited

Mr Gagan Banga - CEO

Mr Ashwini Kumar Hooda - DMD

Indiabulls Real Estate Limited

Mr Narendra Gehlaut - MD
Indiabulls Power Limited

Mr Rajendra Kumar Sugandhi - CEO

Mr Mehul Johnson - President

Indiabulls Securities Limited

Mr Divyesh Shah - CEO

Mr Vijay Babbar - DMD

BUSINESSES
Indiabulls Group is one of the country's leading business houses with business interests in
Power, Financial Services, Real Estate and Infrastructure. Indiabulls Group companies are listed
in Indian and overseas financial markets. The Net worth of the Group is Rs 19,320 Crore and the
total planned capital expenditure of the Group by 2014-14 is Rs 35,000 Crore.
Indiabulls Power currently developing Thermal Power Projects with an aggregate capacity of
5400 MW. The first unit is expected to go on stream in Dec 2013. The net worth of Indiabulls
Power is Rs 5,507 Crore. The company has a total capital expenditure of Rs 27,500 Crore. The
company has been assigned 'BBB' rating.
Indiabulls Housing Finance Ltd. (IBHFL) is Indias 3rd largest Housing Finance Company
(HFC). The company is registered as a Housing Finance Company (HFC) and is regulated by the
National Housing Bank (NHB). IBHFL is a leading provider of home loans, loan against
properties and commercial vehicle loans.
The company has a loan asset book of over Rs. 34,400 Cr and has, since inception, disbursed
over Rs. 71,000 Cr to over 5.5 lakh customers. With a net worth of over Rs. 5,300 Cr, IHFL is
one of the best capitalized companies amongst its peer with a CRAR of 18.47% as at March 31st,
2014. Further, the company is one of the least levered amongst its peer set with a net debt-toequity ratio of only 4.67. The company enjoys a credit rating of AA+.
IBHFL has 200 well appointed and customer accessible walk-in branches spread across the
country. Companys national and International reach is further enhanced from tie-ups with Yes
Bank and Doha Bank.
Indiabulls Real Estate is among India's top Real Estate companies with development projects
spread across residential complexes, integrated townships, commercial office complexes, hotels,
malls, Special Economic Zones (SEZs) and infrastructure development. Indiabulls Real Estate
partnered with Farallon Capital Management LLC of USA to bring the first FDI into real estate
in the country. The company has a networth of Rs 7,403 Crore and has purchased prime land,
mostly in the metros and other Tier 1 cities worth Rs 4,000 Crore in government auctions alone.

Indiabulls Real Estate is currently developing 72.86 million sqft into premium quality, high-end
commercial, residential and retail spaces. The company has been assigned 'A+' rating.
Indiabulls Securities is one of India's leading capital markets companies providing securities
broking and advisory services. Indiabulls Securities also provides depository services, equity
research services and IPO distribution to its clients and offers commodities trading through a
separate company. These services are provided both through on-line and off-line distribution
channels. Indiabulls Securities is a pioneer of on-line securities trading in India. Indiabulls
Securities in-house trading platform is one of the fastest and most efficient trading platforms in
the country. Indiabulls Securities has been assigned the highest rating BQ-1 by CRISIL.

INDIABULLS FOUNDATION
India has witnessed an economic transformation over the past two decades, translating into
higher incomes, better educational opportunities, improved infrastructure, a dynamic private
sector, and leadership in the global community. We have much to be proud of.
But we also recognize that we have a long way to go. Over 700 million people live under $2 a
day. Learning levels in schools remain abysmally low, and most of our rural population does not
have access to basic health care, regular electricity, clean water, and sanitation. India has some of
the worlds worst statistics on basic development indicators such as malnutrition, infant
mortality, and gender discrimination.
As a society, we are at the confluence of accelerated economic progress and extreme deprivation.
As corporate citizens, we at Indiabulls are conscious of the opportunities and the responsibility
that this confluence presents and are keen to help in building an inclusive society.
One of the first initiatives of Indiabulls Foundation is to support the development of rural
districts. We have initiated a few pilot projects in Rajasthan with an open collaborative

approach which leverages the efforts of local stakeholders for a robust and scalable structure.
Over time, as we understand the effectiveness of these pilots, we will expand them further.
Some of these pilot projects are in rainwater harvesting, groundwater management, tree
plantation, IT projects for rural development, income generation support for rural women, skills
training for rural youth, conducting eye camps for rural schoolchildren and in trying to be of
support to traditional artisans.

FINANCIALS:
Total Group Networth Rs. 19,335 Cr
Total Group PAT for FY 12-14 Rs. 1,454 Cr.
Total Group Capital Expenditure Rs. 6,200 Cr. (US $ 1.2 bn.) capex in FY 1011. Planned capex of Rs. 29,000 Cr (US $ 5.7 bn.) by FY 2014-15.
Focus on Execution and on ground results translating into profits.
For its ongoing projects Indiabulls Group consumes 385 MT of Steel, 550
MT of Cement & 1,700 CUM of RMC on daily basis.
Creating Value for Shareholders Dividend payout of Rs. 913 Cr. in FY 12-14

Investors

Statement of unclaimed and unpaid amounts

Indiabulls Group Presentation

Code Of Conduct for Board Members and Senior Management

Shareholding Pattern of Indiabulls Power Limited. as on 30 th June 2013

QUERIES
Kubeir Khera
Indiabulls House, Indiabulls Finance Centre,
Senapati Bapat Marg, Parel West, Mumbai - 400 013
Phone: +91 22 61899400 | Fax: +91 22 61899400
Email: khera@indiabulls.com