Housing & Urban Development Corporation Limited has informed the Exchange regarding Bond Allotment Committee meeting held Today i.e. July 17, 2025 for raising of Debentures as Unsecured, Taxable, Redeemable, Non-Convertible, Non- Cumulative NCDs of face value of Rs. 1,00,000 each (Series-D 2025) aggregating up to Rs.3000.00 Crore on PrivatePlacement basis.
HUDCO · price
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HUDCO, a Government of India Navratna enterprise, has approved raising up to Rs. 3,000 crore through unsecured, taxable, redeemable, non-convertible, non-cumulative debentures on a private placement basis. The issue includes a base size of Rs. 500 crore with a green shoe option of Rs. 2,500 crore. Each debenture has a face value of Rs. 1,00,000, a 3-year tenure (redeemable at par), and carries a coupon rate of 6.64% paid annually. The bonds will be listed on BSE. The decision was taken by the Bond Allotment Committee on July 17, 2025.
The fundraise will expand HUDCO's borrowing book to support its housing and urban infrastructure lending activities. For shareholders, this adds Rs. 3,000 crore of unsecured debt at a competitive 6.64% rate, which is reasonable for a Navratna CPSE but increases leverage. Near-term impact on equity is neutral, though it reflects ongoing growth in the company's loan portfolio.