New Delhi, May 6, 2025: A bold stride toward financial empowerment has been taken by Housing and Urban Development Corporation Limited (HUDCO), a distinguished Navratna Central Public Sector Enterprise, with the launch of a ₹2190 crore issuance of unsecured, taxable, redeemable, non-convertible, non-cumulative Non-Convertible Debentures (NCDs) on a private placement basis. This ambitious move radiates optimism, poised to channel vital funds into transformative infrastructure projects that echo the vision of a thriving, developed India.
In a decisive meeting on May 8, 2025, the Bond Allotment Committee greenlit the issuance of these debentures, christened Series-B 2025, each carrying a face value of ₹1,00,000. The structure dazzles with a base issue of ₹500 crore, amplified by a green shoe option of ₹1680 crore, culminating in a grand total of ₹2190 crore. Spanning a five-year tenure, the debentures are set to mature on May 8, 2030, offering an attractive annual coupon rate of 6.90%, with interest payments scheduled for May 8, 2026, May 8, 2027, May 6, 2028, May 6, 2029, and May 6, 2030.
Destined for listing on the BSE, these debentures promise a transparent and accessible investment opportunity. Crafted as unsecured instruments, they come with no special rights or privileges attached, and no concerns regarding delays in interest or principal payments beyond three months have been noted, ensuring a clean slate for investor confidence.
HUDCO, a beacon in housing finance and infrastructure funding, has harnessed this issuance to solidify its capital foundation. With the autonomy of its Navratna status, the company is well-positioned to drive large-scale projects with finesse. The capital raised is envisioned to propel urban and rural infrastructure development, aligning seamlessly with the aspirations of a Viksit Bharat.
For corporate enthusiasts, this issuance signals HUDCO’s robust financial strategy and its unwavering commitment to market leadership. Investors are invited to keep a keen eye on the trajectory of this bond issuance and HUDCO’s forthcoming ventures, as these could herald significant growth and enhance shareholder value.
Conclusion: With its ₹2190 crore debenture issuance, HUDCO is not just raising funds but igniting possibilities for a brighter infrastructural future. Could this be the catalyst for a new chapter of prosperity? Corporate investors are encouraged to track HUDCO’s market moves and project milestones to seize emerging opportunities.
Disclaimer : www.NewsIP.in provides news and articles for information only. We strive for accuracy but make no guarantees. Content reflects authors’ views, not ours. We’re not liable for errors, damages, or third-party links. Verify information independently. We may update or remove content anytime.