FREE Account Opening + No Clearing Fees

Housing & Urban Development Corporation Ltd NCD (HUDCO NCD January 2013) Detail

January 9, 2013 - February 7, 2013
Housing & Urban Development Corporation Ltd Logo

The Housing and Urban Development Corporation Ltd. (HUDCO) was incorporated on April 25, 1970 under the Companies Act 1956, as a fully owned enterprise of the Government of India. HUDCO was aimed at accelerating the pace of construction and elimination of housing shortages and for orderly development of urban centres.

Major Objective of HUDCO are:

1. To provide long term finance for construction of houses for residential purposes or finance or undertake housing and urban development programmes in the country.

2. To finance or undertake, wholly or partly, the setting up of new or satellite town.

3. To subscribe to the debentures and bonds to be issued by the State Housing (and or Urban Development) Boards, Improvement Trusts, Development Authorities etc., specifically for the purpose of financing housing and urban development programmes.

4. To finance or undertake the setting up of industrial enterprises of building material.

5. To administer the moneys received, from time to time, from the Government of India and other sources as grants or otherwise for the purposes of financing or undertaking housing and urban development programmes in the country.

5. To promote, establish, assist, collaborate and provide consultancy services for the projects of designing and planning of works relating to Housing and Urban Development programmes in India and abroad.

HUDCO NCD January 2013 Detail

Issue Open January 9, 2013 - February 7, 2013
Security Name Housing & Urban Development Corporation Ltd
Security Type
Issue Size (Base) Rs [.] Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size
Market Lot
Listing At BSE, NSE
Credit Rating
Payment Frequency
Basis of Allotment First Come First Serve Basis

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%

Objects of the Issue

The funds proposed to be raised through the Issue shall be utilized towards:

1. lending purposes;
2. working capital requirements;
3. augmenting the resource base of the Company and other operational requirements (including debt servicing, which includes servicing of both the principal amounts as well as interest payments of
various debt facilities availed by the Company in the past and currently outstanding in its books of accounts, including loans and market borrowings.

HUDCO NCD January 2013 Prospectus

HUDCO NCD January 2013 Rating

Rating:Rated 0.0 stars
Vote Here ...

HUDCO NCD January 2013 Reviews

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

Housing & Urban Development Corporation Ltd
HUDCO Bhawan, Core - 7A,
India Habitat Centre,
Lodhi Road, New Delhi, 110003

Phone: +91 11 2464 9610

HUDCO NCD January 2013 Registrar

Kfin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000

Compare NCDs with HUDCO NCD January 2013