We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

Housing & Urban Development Corporation Ltd.-TRANCHE II - TAX FREE SECURED REDEEMABLE NON CONVERTIBLE BONDS

Housing & Urban Development Corporation Ltd

  • Established in 1970 as a wholly owned government company
  • Provides long term finance and undertake housing and urban infrastructure development programmes
  • Conferred Mini Ratna status in FY05 on the grounds of sustained performance & profitability
  • Long Term Debt to Equity Ratio: 2.40 times as of September 30, 2013
  • Pan-India presence across 33 states and union territories covering around 1,800 cities and towns.
  • Profit after tax of : INR 700.56 crores for Fiscal 2013
  • Net Worth: INR 6,427.11 crores as on March 31st, 2013

Housing & Urban Development Corporation Ltd.-TRANCHE II 

Coupon rate - 9.01% per annum*

  • Issue Period: 2nd December - 10th January, 2014
  • Secured, redeemable debentures with tax benefits under Section -10 of The Income Tax Act, 1961.
  • Minimum Subscription: Rs 5000(5 bonds of face value Rs 1000 each)
  • Rated “AA+” by CARE & IRRPL respectively
  • Attractive coupon of 9.01% per annum,
  • Who can Apply- Resident Individuals, HUFs, QIBs, Corporates, QFIs, NRIs
  • To be listed on BSE

*9.01% of coupon rate is applicable to category IV investors investing under Series 3B of the issue. Please refer to the prospectus for more details.



Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9