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

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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.



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