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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
42 announcements match the current filters (relevance ≥ 5).
HUDCO Receives ICRA AAA Rating for Enhanced Borrowing Limit of Rs. 3.45 Lakh Crore
ICRA has reaffirmed HUDCO's highest credit ratings of [ICRA]AAA (Stable) and [ICRA]A1+ while significantly enhancing the total rated borrowing amount to Rs. 3,44,775 crore. This includes a new Rs. 70,000 crore long-term borrowing programme for FY 2027. The ratings reflect HUDCO's strategic importance to the Government of India, which holds a 75% stake, and its strong capital adequacy of 38%. Despite concentration risks in certain states, the company maintains excellent asset quality with Net Stage 3 assets at just 0.06%.
Key Highlights
ICRA assigned/reaffirmed [ICRA]AAA (Stable) and [ICRA]A1+ ratings for a total amount of Rs. 3,44,775 crore
New long-term borrowing programme for FY 2027 assigned a limit of Rs. 70,000 crore
Asset quality remains robust with Gross Stage 3 assets at 1.08% and Net Stage 3 at 0.06% as of Dec 2025
Capital Adequacy Ratio (CAR) stands strong at 38% with a gearing of 7.3 times
Public sector loan book accounts for 98.8% of total advances, with 87% backed by government guarantees
👀 What to Watch
Investors should view this as a validation of HUDCO's low-risk profile and strong sovereign support. The enhanced borrowing limits signal the company's readiness for significant loan book expansion in the coming fiscal years.
HUDCO Assigned 'IND AAA/Stable' Rating for Proposed ₹70,000 Crore Bonds; Existing Ratings Affirmed
India Ratings has assigned a top-tier 'IND AAA/Stable' rating to HUDCO's proposed ₹70,000 crore bond issuance while affirming its existing credit ratings. The company's loan book grew significantly to ₹1,556.31 billion in 9MFY26, with 98.85% of loans directed toward state government agencies. Asset quality has shown a marked improvement, with Gross NPAs dropping to 1.08% and Net NPAs reaching a negligible 0.06%. Despite a moderation in the Capital Adequacy Ratio to 38.28% due to rapid growth, HUDCO maintains a robust financial profile backed by its Navratna status and 75% government ownership.
Key Highlights
Assigned 'IND AAA/Stable' rating for proposed bonds worth ₹70,000 crore, including a ₹7,000 crore sub-limit for subordinated debt.
Gross NPA improved to 1.08% in 9MFY26 from 1.67% in FY25, with Net NPA at 0.06%.
Total loan book expanded to ₹1,556.31 billion as of 9MFY26, with infrastructure financing making up 66.07%.
Capital Adequacy Ratio (CRAR) remains healthy at 38.28%, significantly above the 15% regulatory requirement.
Maintained strong liquidity with access to unutilised bond limits of ₹570.74 billion and bank lines of ₹122.51 billion.
👀 What to Watch
The 'AAA' rating affirmation and assignment for new bonds underscore HUDCO's low credit risk and its ability to raise capital at competitive rates. Investors should monitor the company's transition into an Infrastructure Finance Company, which may diversify its portfolio beyond government-guaranteed projects.
HUDCO Signs MoUs with NBCC for 18,830 Sqmt Plot Redevelopment and Asset Monetization
HUDCO has signed two strategic Memorandums of Understanding (MoUs) with NBCC (India) Limited to collaborate on urban redevelopment and project financing. The first MoU focuses on the redevelopment of an 18,830 sqmt plot at Bhikaji Cama Place, New Delhi, involving feasibility studies and monetization of built-up space. The second MoU establishes a framework where HUDCO will provide funding for NBCC's self-sustainable model projects, while NBCC provides project management and consultancy. These agreements, valid for two years, leverage HUDCO's financial strength and NBCC's execution expertise to drive future revenue growth.
Key Highlights
Signed two MoUs with NBCC (India) Limited on April 11, 2026, for joint project execution.
Planned redevelopment of a prime 18,830 sqmt leasehold plot at August Kranti Bhawan, New Delhi.
HUDCO to act as the primary funding partner for NBCC’s self-sustainable model projects.
MoUs cover techno-economic feasibility, project management, and monetization of built-up spaces.
Agreements are valid for a period of 2 years with provisions for annual reviews.
👀 What to Watch
Investors should monitor the transition from these MoUs to specific project-level agreements, as they represent a significant expansion of HUDCO's financing and asset-backed portfolio. This synergy between two major PSUs is a positive indicator for long-term project pipeline visibility.
HUDCO FY26 Performance: Loan Sanctions Up 28.76% to ₹1.65 Lakh Cr, Disbursements Up 27.87%
HUDCO has reported a robust business performance for the financial year ended March 31, 2026, with loan sanctions reaching ₹1,64,757 crore, representing a 28.76% YoY growth. Loan disbursements also saw a significant increase of 27.87%, rising to ₹51,194 crore from ₹40,037 crore in the previous fiscal year. These provisional figures indicate strong demand in the housing and urban infrastructure sectors. The consistent growth in both sanctions and disbursements suggests a healthy revenue pipeline for the coming quarters.
Key Highlights
Loan sanctions surged by 28.76% YoY to reach ₹1,64,757 crore in FY 2025-26
Loan disbursements grew by 27.87% YoY to ₹51,194 crore
Significant jump in sanctions from ₹1,27,952 crore in the previous financial year
Disbursements increased from ₹40,037 crore in FY 2024-25
Provisional data reflects strong operational momentum in urban development financing
👀 What to Watch
The strong growth in core business metrics is a positive indicator for HUDCO's future interest income; investors should consider holding or accumulating on dips while awaiting the audited financial results.
HUDCO Declares ₹1.25 Interim Dividend and Approves ₹70,000 Crore Borrowing Plan for FY27
HUDCO has declared its 4th interim dividend of ₹1.25 per equity share for FY 2025-26, representing a 12.50% payout on the face value of ₹10. The board has fixed March 28, 2026, as the record date for determining shareholder eligibility. Furthermore, the company has approved a massive annual borrowing plan of up to ₹70,000 crore for the financial year 2026-27. This borrowing will be sourced through various instruments including bonds, debentures, and external commercial borrowings to support its lending operations.
Key Highlights
Declaration of 4th interim dividend of ₹1.25 per equity share (12.50% of face value).
Record date for dividend eligibility set as March 28, 2026.
Approval of a significant annual borrowing program of up to ₹70,000 crore for FY 2026-27.
Borrowing instruments to include 54EC bonds, Tier-I/II capital bonds, ECBs, and multilateral loans.
Dividend payment process to be completed within 30 days from the date of declaration.
👀 What to Watch
Investors looking for dividend income should ensure they hold the shares before the record date of March 28. The large borrowing plan indicates a strong growth outlook and high credit demand in the urban infrastructure sector.
HUDCO Declares ₹1.25 Interim Dividend and Approves ₹70,000 Crore Borrowing Plan
HUDCO has declared its 4th interim dividend of ₹1.25 per equity share for FY 2025-26, representing a 12.50% payout on the face value of ₹10. The company has set March 28, 2026, as the record date for determining shareholder eligibility for this payment. Furthermore, the board has approved a significant annual borrowing plan of up to ₹70,000 crore for the financial year 2026-27. This capital will be raised through various instruments including bonds, debentures, and external commercial borrowings to support its lending operations.
Key Highlights
Declared 4th interim dividend of ₹1.25 per share (12.50% of face value) for FY 2025-26
Fixed March 28, 2026, as the record date for the dividend payout
Approved a massive annual borrowing programme of up to ₹70,000 crore for FY 2026-27
Borrowing sources include 54EC bonds, Tier-I/II capital bonds, ECBs, and multilateral agency loans
Dividend payment process to be completed within 30 days of declaration
👀 What to Watch
Investors holding the stock before the March 28 record date will benefit from the dividend yield. The large borrowing plan indicates strong growth visibility and a robust pipeline for housing and infrastructure financing in the next fiscal year.
HUDCO to Raise Rs 1,442 Crore via Perpetual Bonds at 7.87% Coupon
HUDCO's Bond Allotment Committee has approved the issuance of perpetual subordinated, unsecured, non-convertible debentures (NCDs) totaling Rs 1,442 crore. The fundraise consists of a base issue of Rs 500 crore and a green shoe option of Rs 942 crore, which was fully utilized. These bonds carry a coupon rate of 7.87% per annum and are intended to be listed on the BSE. While the instruments are perpetual, HUDCO retains a call option to redeem them after 10 years, subject to RBI approval.
Key Highlights
Total fundraise of Rs 1,442 crore through Series-1 2025-26 perpetual bonds
Fixed coupon rate of 7.87% per annum with annual interest payments starting February 2027
Issue includes a base size of Rs 500 crore and a green shoe option of Rs 942 crore
Instrument is perpetual with a call option exercisable after 10 years (February 13, 2036)
Bonds are unsecured, taxable, and will be issued on a private placement basis
👀 What to Watch
This fundraise strengthens HUDCO's capital position for long-term infrastructure and housing project financing. Investors should monitor how this relatively low-cost perpetual capital impacts the company's net interest margins and lending capacity.
Fitch Affirms HUDCO's Credit Rating at 'BBB-' with Stable Outlook
Fitch Ratings has affirmed HUDCO's Long-Term Issuer Default Ratings at 'BBB-' with a Stable outlook, matching India's sovereign rating. The affirmation is backed by the 'virtually certain' support from the Government of India, which maintains a 75% stake and close oversight. HUDCO reported strong operational momentum with a 16% loan book expansion in 2Q FY26 and exceptional asset quality with a net NPA of just 0.07%. Despite rapid growth leading to a moderate rise in leverage, the company maintains a healthy capital ratio of 38.03%.
Key Highlights
Fitch affirmed Long-Term IDRs at 'BBB-' with a Stable outlook, equalized with India's sovereign rating.
Loan book grew by 16% in 2Q FY26, driven by the government's affordable housing and urban agenda.
Asset quality remains robust with net NPA at a low 0.07% and high provision coverage.
Capital adequacy ratio stood at 38.03% in 2Q FY26, providing headroom for continued balance sheet expansion.
Total debt reached INR 1.3 trillion, supported by diversified funding sources and low near-term refinancing risk.
👀 What to Watch
Investors should take confidence in the affirmation of HUDCO's international rating, which confirms its strategic importance to the government and ensures access to low-cost capital. The stock remains a strong play on India's urban infrastructure and affordable housing sectors given its sovereign-linked credit profile.
HUDCO Assigned 'ACUITE AAA' Rating for Rs 4,500 Crore Perpetual Tier 1 Bonds
Acuite Ratings has assigned its highest 'ACUITE AAA' rating with a stable outlook to HUDCO's proposed Rs 4,500 crore Perpetual Tier 1 Bonds. This rating is underpinned by the Government of India's 75% ownership and HUDCO's strategic role in national housing and urban development projects. The company demonstrated strong growth in FY25, with Assets Under Management (AUM) rising 35% to Rs 1.24 lakh crore and PAT increasing 28% to Rs 2,709 crore. While asset quality has improved with GNPA at 1.67%, the rating note highlights a concentrated loan book where the top 20 borrowers account for 79% of the portfolio.
Key Highlights
Assigned 'ACUITE AAA' rating with a Stable outlook for Rs 4,500 crore Perpetual Tier 1 Bonds.
AUM grew 35% YoY to Rs 1,24,828 crore in FY25, while PAT rose 28% to Rs 2,709.14 crore.
Gross NPA improved significantly to 1.67% in FY25 from 2.71% in FY24; Net NPA is at 0.25%.
Capital Adequacy Ratio (CAR) remains strong at 46.60% as of March 2025.
Company targets a loan book of Rs 3 lakh crore by FY2030 with a FY26 disbursement target of Rs 52,000 crore.
👀 What to Watch
The 'AAA' rating confirms HUDCO's superior credit quality and its ability to raise low-cost capital, which is essential for its ambitious FY2030 growth targets. Investors should remain positive on the stock given the improving asset quality and sovereign support, while keeping an eye on loan concentration risks.
HUDCO Q3 FY26: 25% Loan Growth, Net NPA at 0.06%, Targets INR 3 Lakh Cr Book by 2030
HUDCO reported a steady 25% growth in its loan book, maintaining a near-zero net NPA of 0.06%. While earnings were impacted by a one-time INR 470 crore loss from FCNR borrowings in the first 9 months, the management expects this impact to cease from the next quarter as they exit short-term FCNR instruments. The company has a robust sanction pipeline of INR 2.5 lakh crores and has signed MOUs worth INR 7-8 lakh crores to support its long-term growth. With increased government allocation of INR 2 trillion to states for infrastructure, HUDCO aims to double its loan book to INR 3 lakh crores by 2030.
Key Highlights
Loan book growth maintained at 25% with a target to reach INR 3 lakh crores by 2030.
Asset quality remains exceptional with Net NPA at 0.06% following successful resolutions of legacy assets.
One-time FCNR loss of INR 470 crores in 9M FY26; management to exit 1-year FCNR borrowings to stabilize costs.
Strong pipeline with INR 1.4 lakh crores sanctioned this year and INR 2.5 lakh crores in total committed sanctions.
Significant tailwinds from government infrastructure spending and the INR 2 trillion allocation to states in the budget.
👀 What to Watch
Investors should view the FCNR-related earnings dip as temporary and focus on the strong 25% loan growth and pristine asset quality. The massive sanction pipeline and government infrastructure push provide a clear multi-year growth trajectory for the stock.
HUDCO 9MFY26 Results: Net Profit Rises to ₹2,053 Cr; Loan Book Grows 31% YoY to ₹1.55 Lakh Cr
HUDCO reported a steady financial performance for the nine-month period ending December 2025, with net profit increasing 3.62% YoY to ₹2,053.06 crore. The loan book reached a record high of ₹1,55,631 crore, driven by a 51% surge in sanctions and a 30.86% growth in disbursements. Asset quality remains best-in-class with Net NPA dropping to 0.06% and a high Provision Coverage Ratio of 94.70%. Additionally, the company declared an interim dividend of ₹3.30 per share for FY26.
Key Highlights
Loan book grew 30.86% YoY to ₹1,55,631 crore, with 98.85% exposure to Government and its agencies.
Asset quality improved significantly with Gross NPA at 1.08% and Net NPA at a record low of 0.06%.
9M FY26 sanctions reached ₹1,39,152 crore, a 51% increase compared to ₹92,151 crore in 9M FY25.
Cost of incremental borrowings optimized to 6.34% in 9M FY26 from 7.46% in the previous year's period.
Capital Adequacy Ratio (CRAR) remains robust at 38.28%, providing significant room for future growth.
👀 What to Watch
HUDCO remains a strong pick for investors seeking exposure to India's infrastructure and housing sectors with minimal credit risk due to its high government exposure. The improving margins and near-zero Net NPA levels justify a positive long-term outlook.
HUDCO Q3 PAT at ₹713 Cr; Declares ₹1.15 Dividend & Hikes Borrowing Limit to ₹80,000 Cr
HUDCO reported a strong total income of ₹3,505.57 crore for Q3 FY26, up from ₹2,770.14 crore in the same quarter last year. While quarterly net profit saw a marginal decline to ₹713 crore, the nine-month profit grew to ₹2,053.06 crore. The board declared a third interim dividend of ₹1.15 per share and significantly enhanced its annual borrowing limit from ₹65,000 crore to ₹80,000 crore. Asset quality remains a highlight with zero fresh slippages in project loans during the first nine months of the fiscal year.
Key Highlights
Total income for Q3 FY26 rose to ₹3,505.57 crore compared to ₹2,770.14 crore in Q3 FY25.
Declared 3rd interim dividend of ₹1.15 per equity share (11.50%) with a record date of Feb 7, 2026.
Annual borrowing plan for FY 2025-26 enhanced by ₹15,000 crore to a total of ₹80,000 crore.
Reported zero fresh slippages to NPA in project loans during the nine-month period ended Dec 31, 2025.
Nine-month PAT increased to ₹2,053.06 crore from ₹1,981.40 crore in the previous year's corresponding period.
👀 What to Watch
Investors should take note of the significant hike in borrowing limits, which signals a strong pipeline for future lending and growth. The steady dividend payout and robust asset quality make HUDCO a stable long-term play in the infrastructure and housing finance space.
HUDCO Q3 PAT at ₹713 Cr; Declares ₹1.15 Dividend & Hikes Borrowing Plan to ₹80,000 Cr
HUDCO reported a strong total income of ₹3,505.57 crore for Q3 FY26, up from ₹2,770.14 crore in the same quarter last year. While quarterly net profit saw a marginal decline to ₹713 crore from ₹735 crore, the nine-month profit grew to ₹2,053.06 crore. The company declared a 3rd interim dividend of ₹1.15 per share and significantly increased its FY26 borrowing limit by ₹15,000 crore to ₹80,000 crore. Notably, the company reported zero fresh slippages in project loans during the first nine months of the fiscal year.
Key Highlights
Total income for Q3 FY26 increased to ₹3,505.57 crore from ₹2,770.14 crore YoY.
Declared 3rd interim dividend of ₹1.15 per equity share with a record date of February 7, 2026.
Annual borrowing plan for FY 2025-26 enhanced from ₹65,000 crore to ₹80,000 crore.
Zero fresh slippages in Project Loans recorded during the nine-month period ended Dec 31, 2025.
Technical write-off of ₹13.25 crore for 9 chronic NPA cases while maintaining recovery efforts.
👀 What to Watch
The significant hike in borrowing limits suggests a strong pipeline for future lending and growth. Investors should maintain a positive outlook given the stable asset quality and consistent dividend payouts.
HUDCO Q3 PAT at 713 Cr; Declares 1.15 Dividend & Hikes Borrowing Limit to 80,000 Cr
HUDCO reported a total income of 3,505.57 crore for Q3 FY26, a significant increase from 2,770.14 crore in the same quarter last year. Despite the revenue growth, Net Profit (PAT) marginally declined to 713 crore from 735.03 crore YoY, largely due to finance costs rising to 2,394.15 crore. The company declared a third interim dividend of 1.15 per share and substantially increased its annual borrowing limit by 15,000 crore to 80,000 crore. Asset quality remains a strong point with zero fresh slippages in project loans during the first nine months of the fiscal year.
Key Highlights
Total Revenue from Operations rose 24.3% YoY to 3,431.20 crore in Q3 FY26.
Declared 3rd interim dividend of 1.15 per equity share with a record date of February 7, 2026.
Annual borrowing plan for FY25-26 enhanced from 65,000 crore to 80,000 crore.
Zero fresh slippages to NPA in Project Loans observed during the nine-month period ended December 2025.
Finance costs increased by 35.8% YoY to 2,394.15 crore, impacting overall bottom-line growth.
👀 What to Watch
Investors should view the stable asset quality and increased borrowing limit as a sign of strong growth intent in the housing and infrastructure sector. While the dividend provides yield support, monitor the rising finance costs and their impact on net interest margins in upcoming quarters.
CARE Reaffirms HUDCO's 'AAA' Rating with Stable Outlook; Net NPA Drops to 0.07%
CARE Ratings has reaffirmed HUDCO's highest credit ratings of 'AAA' and 'A1+' for its bank facilities and debt instruments totaling over ₹2 lakh crore. The rating reflects HUDCO's strategic importance to the Government of India, which maintains a 75% stake and utilizes the entity for key urban infrastructure and housing schemes. Financial performance remains robust with AUM growing 30% YoY to ₹1,44,554 crore as of September 2025. Asset quality has shown significant improvement, with Net NPAs declining to a negligible 0.07% compared to 0.25% in the previous fiscal year.
Key Highlights
CARE AAA; Stable rating reaffirmed for bank facilities (₹80,000 Cr) and multiple bond tranches.
Net NPA improved significantly to 0.07% as of Sept 30, 2025, down from 0.25% in March 2025.
AUM reached ₹1,44,554 crore in H1FY26, marking a 30% year-on-year growth.
Capital Adequacy Ratio (CAR) stands strong at 38.03%, well above the 15% regulatory requirement.
98.70% of the loan book is dedicated to the government sector, with 87.76% secured by guarantees.
👀 What to Watch
Investors should take confidence in the reaffirmed 'AAA' rating which confirms HUDCO's low-risk profile and strong sovereign support. The significant improvement in asset quality and growth in infrastructure lending following its IFC status transition are positive indicators for long-term stability.
HUDCO signs MoU with Chhattisgarh Govt for Rs 1 Lakh Crore financial assistance
HUDCO has entered into a non-binding Memorandum of Understanding (MoU) with the Government of Chhattisgarh on January 7, 2026. The agreement outlines potential financial assistance of up to Rs. 1,00,000 crore over the next five years. These funds are earmarked for the execution of various housing and infrastructure projects within the state. This partnership underscores HUDCO's strategic role in supporting large-scale state infrastructure development and significantly expands its potential loan pipeline.
Key Highlights
MoU signed for financial assistance up to Rs. 1,00,000 crore over a five-year period
Agreement focuses on funding housing and infrastructure projects across Chhattisgarh
The MoU is non-binding but indicates a massive potential increase in HUDCO's loan book
The signing took place on January 7, 2026, at Nava Raipur, Chhattisgarh
👀 What to Watch
Investors should monitor the conversion of this MoU into actual loan sanctions and disbursements to gauge the impact on interest income. The stock remains a key beneficiary of the government's focus on urban development and infrastructure.
HUDCO Achieves 'Excellent' MoU Rating for FY 2024-25 with Score of 97.90/100
HUDCO has been awarded an 'Excellent' rating by the Department of Public Enterprises (DPE) for its performance in the Financial Year 2024-25. The company secured a high score of 97.90 out of 100 based on the Memorandum of Understanding (MoU) signed with the Ministry of Housing and Urban Affairs. This rating reflects the company's strong operational and financial efficiency during the period. Such high performance scores are significant for PSUs as they validate management execution and alignment with government targets.
Key Highlights
Achieved 'Excellent' rating for MoU performance in Financial Year 2024-25
Secured a high score of 97.90 marks out of a total of 100
Rating awarded by the Department of Public Enterprises (DPE), Ministry of Finance
Evaluation based on operational and financial performance parameters set by MoHUA
👀 What to Watch
Investors should view this as a positive indicator of HUDCO's operational efficiency and management quality. While this reinforces the company's fundamental stability, long-term stock performance will remain tied to quarterly earnings and the interest rate environment.
HUDCO Reports Strong Performance with ₹1.39 Lakh Cr Loan Sanctions in 9M FY26
HUDCO has announced robust operational performance for the nine-month period ending December 31, 2025, with total loan sanctions reaching ₹1,39,151.92 crore. The company demonstrated significant momentum in the third quarter alone, recording sanctions of ₹46,167.32 crore. On the execution front, loan disbursements for the nine-month period stood at ₹41,346.70 crore, with Q3 contributing ₹15,508.25 crore. These provisional figures suggest a strong growth trajectory in the housing and urban infrastructure financing segments.
Key Highlights
Total loan sanctions for 9M FY26 reached ₹1,39,151.92 crore on a provisional basis.
Q3 FY26 loan sanctions alone accounted for ₹46,167.32 crore, indicating sustained demand.
Cumulative loan disbursements for the nine-month period totaled ₹41,346.70 crore.
Quarterly disbursements for Q3 FY26 were reported at ₹15,508.25 crore.
All reported figures are provisional and subject to statutory audit.
👀 What to Watch
The significant jump in loan sanctions provides high visibility for future interest income; investors should hold for the full earnings release to assess margin trends. Monitor the conversion rate of these large sanctions into actual disbursements in the coming quarters.
HUDCO to Raise ₹1,905 Crore via Private Placement of NCDs at 6.98% Coupon
HUDCO's Bond Allotment Committee has approved the issuance of Unsecured, Taxable, Non-Convertible Debentures (NCDs) totaling ₹1,905 crore. The issue comprises a base size of ₹500 crore and a green shoe option of ₹1,405 crore. These 7-year instruments carry a competitive coupon rate of 6.98% per annum, with annual interest payments and final redemption scheduled for December 2032. The NCDs will be listed on the BSE and were issued on a private placement basis.
Key Highlights
Approved raising ₹1,905 crore through Series-E 2025 NCDs on a private placement basis.
The issue includes a ₹500 crore base size and a significant ₹1,405 crore green shoe option.
Fixed coupon rate set at 6.98% per annum for a 7-year tenure maturing in December 2032.
The instruments are unsecured, taxable, and redeemable at par at the end of the term.
Funds raised will likely support the company's financing activities for urban development and housing projects.
👀 What to Watch
Investors should view this as a positive liquidity-enhancing move, as HUDCO has secured long-term capital at a competitive rate, which should support its lending margins and growth in the housing finance sector.
HUDCO to raise ₹1905 Crore via NCDs (Series-E 2025)
HUDCO's Bond Allotment Committee approved raising up to ₹1905 Crore through Unsecured, Taxable, Redeemable, Non-Convertible, Non-Cumulative NCDs (Series-E 2025) on a private placement basis. The issue includes a base size of ₹500 Crore and a Green Shoe Option of ₹1405 Crore. These bonds have a face value of ₹1,00,000 each and are redeemable at par at the end of the 7th year. Interest will be paid annually at a coupon rate of 6.98%.
Key Highlights
Raising up to ₹1905 Crore through NCDs
Base Issue Size: ₹500 Crore
Green Shoe Option: ₹1405 Crore
Coupon Rate: 6.98%
Redeemable at par at the end of 07th Year
👀 What to Watch
Investors should be aware of the terms of the NCDs, including the coupon rate and maturity date. Monitor HUDCO's financial performance and its ability to meet its debt obligations.
