Indiabulls Housing Finance Ltd said it has raised Rs 1,030 crore by issuing bonds on a private placement basis. The company on May 18 allotted 10,300 secured, redeemable, non-convertible debentures of face value Rs 10 lakh each, aggregating to Rs 1,030 crore, on a private placement basis, the company said in a regulatory filing. The coupon rate on the bonds with three years tenor is 9.10 per cent per annum (payable annually).