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.
