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). The Indiabulls Group has a net worth of 153.32 billion (US$2.2 billion) as of 30 June 2015 and is one of the top dividend paying groups amongst the Indian listed promoter owned group/companies. In 2013, Indiabulls Financial Services reverse merged with its own subsidiary Indiabulls Housing Finance to form the flagship company of the group.