Indiabulls Housing Finance Ltd (INE0GN5) is the company behind 3 securitisation trusts: India Retail Pool 22, Mortgage LAP Securitization Trust and Retail Securitisation Opportunities Trust, with 7 outstanding pass-through certificates (PTCs) recorded on this page. The loans in the pools are originated by Indiabulls Housing Finance Ltd and Indiabulls Commercial Credit Ltd. Verify current terms against the official documents linked on this page.
Data as of 5 Nov 2026 (snapshot 20261105-2032) · How this page is compiled
Issuer overview
- Outstanding pass-through certificates (ISINs)
- 7
- Pass-through schemes
- India Retail Pool 22, Mortgage LAP Securitization Trust and Retail Securitisation Opportunities Trust
- Originator of the pools
- Indiabulls Housing Finance Ltd and Indiabulls Commercial Credit Ltd
- Legal name
- Indiabulls Housing Finance Ltd & Indiabulls Commercial Credit Ltd
- Industry
- BFSI
- ISIN issuer codes
- INE0GN5, INE0I8O, INE0JGV
Indiabulls Housing Finance Ltd (INE0GN5) pass-through certificates (PTCs): schemes, ISINs and maturity
7 outstanding PTCs in 3 schemes · by scheme, then maturity
| Scheme | ISIN | Series | Coupon | Maturity | Interest | Originator | Trustee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|
| India Retail Pool 22 | INE0I8O15014 | Series A | 11.25% | 15 Feb 2059 | As per payout schedule | Indiabulls Housing Finance Ltd and Indiabulls Commercial Credit Ltd | CATALYST TRUSTEESHIP LIMITED | Not traded | — |
| Mortgage LAP Securitization Trust | INE0JGV15022 | Series A2 | 12.1% | 22 Dec 2026 | Monthly | Indiabulls Housing Finance Ltd & Indiabulls Commercial Credit Ltd | CATALYST TRUSTEESHIP LIMITED | Not traded | — |
| Mortgage LAP Securitization Trust | INE0JGV15030 | Series B1 | 12.1% | 22 Dec 2058 | Monthly | Indiabulls Housing Finance Ltd & Indiabulls Commercial Credit Ltd | CATALYST TRUSTEESHIP LIMITED | Not traded | — |
| Mortgage LAP Securitization Trust | INE0JGV15048 | Series B2 | 12.1% | 22 Dec 2058 | As per payout schedule | Indiabulls Housing Finance Ltd & Indiabulls Commercial Credit Ltd | CATALYST TRUSTEESHIP LIMITED | Not traded | — |
| Retail Securitisation Opportunities Trust | INE0GN515031 | Series D | 16.67% | 22 Sep 2069 | As per payout schedule | Indiabulls Housing Finance Ltd & Indiabulls Commercial Credit Ltd | CATALYST TRUSTEESHIP LIMITED | Not traded | — |
| Retail Securitisation Opportunities Trust | INE0GN515049 | Series E | 9.47% | 22 Sep 2069 | Monthly | — | — | Not traded | — |
| Retail Securitisation Opportunities Trust | INE0GN515056 | SERIES E | 16.75% | 22 Sep 2069 | As per payout schedule | Indiabulls Housing Finance Limited and Indiabulls Commercial Credit Limited | Catalyst Trusteeship Ltd | Not traded | — |
Notes on this table
Each scheme is a securitisation trust with its own ISIN issuer code. PTCs usually repay part of the principal every month as the pool pays down, so the amount outstanding is lower than the amount issued. Coupons are as recorded by CDSL, NSDL or the exchanges; for an equity or junior tranche there may be no fixed coupon. Ratings of PTCs carry the suffix "(SO)". Series, trustee and originator are from CDSL's list of securitised debt instruments where it has the ISIN; schemes held at NSDL are listed when they trade or are placed on BSE.
Public NCD issues
| Issuer | Opened | Coupon | Tenor | Rating | Issue size |
|---|---|---|---|---|---|
| Indiabulls Housing Finance | 13 May 2024 | 8.88%–10.75% | 2 years–10 years | CRISIL AA, ICRA AA | ₹2,000 crore |
| Indiabulls Housing Finance | 5 Mar 2024 | — | — | — | — |
Indiabulls Housing Finance Ltd (INE0GN5) pass-through certificates: questions and answers
Which pass-through schemes are listed under Indiabulls Housing Finance Ltd (INE0GN5)?
Indiabulls Housing Finance Ltd (INE0GN5) has 3 schemes with outstanding pass-through certificates on this page: India Retail Pool 22, Mortgage LAP Securitization Trust and Retail Securitisation Opportunities Trust, with 7 outstanding PTC ISINs in all.
What are the ISINs of the Indiabulls Housing Finance Ltd (INE0GN5) pass-through certificates?
The outstanding PTC ISINs on this page are INE0I8O15014, INE0JGV15022, INE0JGV15030, INE0JGV15048, INE0GN515031, INE0GN515049 and INE0GN515056.
What coupon do the Indiabulls Housing Finance Ltd (INE0GN5) pass-through certificates pay and when do they mature?
They carry stated coupons from 9.47% to 16.75% a year, and final maturities from 22 Dec 2026 to 22 Sep 2069. PTCs usually repay part of the principal every month as the loans in the pool are repaid, so most of the money can come back before the final maturity.
Who originates the loans behind the Indiabulls Housing Finance Ltd (INE0GN5) schemes?
CDSL's records name Indiabulls Housing Finance Ltd and Indiabulls Commercial Credit Ltd as the originator of the loans in the pools. The originator usually also services the pool: it collects the repayments and passes them to the trust.
What is a pass-through certificate (PTC)?
A pass-through certificate is a debt security issued by a securitisation trust. A lender sells a pool of loans or receivables to the trust, and the trust passes the repayments it collects to the certificate holders. Payments depend on how the pool performs and on any credit enhancement, not on the general funds of the lender. Ratings of PTCs carry the suffix "(SO)", structured obligation.
How can investors buy Indiabulls Housing Finance Ltd (INE0GN5) pass-through certificates?
Most PTCs are placed privately with institutions. Listed PTCs can be bought through a demat account, on the BSE or NSE debt segment when there is a seller, or through SEBI-registered online bond platforms that offer them. Read the offer document and the rating rationale first: they describe the pool, the credit enhancement and the payment order.
Sources and dates
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- CDSL: list of securitised debt instruments (pass-through certificates, with trust, series, trustee and originator)
- Methodology: how these pages are compiled and checked
Data as of 5 Nov 2026 (snapshot 20261105-2032). Facts on this page last changed on 3 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.
