https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

HUDCO Approves Rs 2,190 Crore NCD Issue via Private Placement

HUDCO to raise ₹2,190 crore via 6.90% unsecured NCDs, redeemable over five years through private placement.
Indian Masterminds Stories

New Delhi: State-owned Housing and Urban Development Corporation Limited (HUDCO) has announced that its Bond Allotment Committee, in a meeting held on May 6, 2025, has approved the issuance of Non-Convertible Debentures (NCDs) under Series-B 2025. These debentures will be unsecured, taxable, redeemable, non-convertible, and non-cumulative in nature, with a face value of ₹1,00,000 each. The funds will be raised on a private placement basis for a total amount of up to ₹2,190 crore.

The issue comprises a base size of ₹500 crore and a green shoe option of ₹1,690 crore. The NCDs will carry an annual coupon rate of 6.90%, and the interest will be paid on a yearly basis. The bonds will be redeemed at par value at the end of the fifth year from the date of allotment.

The bonds will mature in five years and are scheduled to pay interest annually on May 8, 2026; May 8, 2027; May 6, 2028; May 6, 2029; and May 8, 2030. They will be listed on the Bombay Stock Exchange.

HUDCO confirmed no defaults or delays in payments and noted the bonds carry no special privileges. This capital raise aligns with HUDCO’s strategic push to finance housing and urban infrastructure under the Government of India’s ‘Viksit Bharat’ initiative.

This fund-raising initiative is expected to support HUDCO’s ongoing commitment to financing affordable housing and urban development projects across the country.

About HUDCO

HUDCO is a Central Public Sector Undertaking under the Ministry of Housing and Urban Affairs, primarily engaged in providing long-term finance for housing and urban infrastructure projects across India. In recognition of its performance and strategic importance, HUDCO was granted ‘Navratna’ status by the Government of India on April 18, 2024, providing it with greater financial and operational autonomy.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Panna police
Panna Police Under Siege: SHO and Constable Injured as Villagers Launch Brutal Attack
Panna police
Khaki Power on the Podium: MP Police Shine at All India Police Games 2025 with Gold, Yoga & Judo Glory
India Russia R-37M missile talks
India Russia R-37M Missile Talks Advances to Arm Su-30MKI fighters
IAF MRFA project
114 Fighters, One Mission — MoD Pushes for 100% Indian Involvement in IAF MRFA Project
Ias sam rizvi
Hyderabad: Principal Secretary IAS SAM Rizvi Opts for Voluntary Retirement Amid Dispute with Telangana Excise Minister Jupally Krishna Rao
MP-Police-
Madhya Pradesh IPS Transfers: 7 Senior Officers Shifted in Midnight Reshuffle; Rajababu Singh, Irshad Wali Among Key Names
Powergrid
POWERGRID Strengthens National Grid Connectivity with Acquisition of 2 Key TBCB Projects Worth ₹3,375 Crore
CM Nitish Kumar
Bihar’s Bold Leap: CM Nitish Kumar Pledges 1 Crore Jobs and Women’s Empowerment Boost
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
IDES Saquib Alam
Beyond IAS and IPS: The Inspiring Work of an IDES officer | Video Interview 
ADVERTISEMENT
UPSC Stories
IAS Rupal Rana UPSC
How Rupal Rana Cracked UPSC CSE 2023 with AIR 26 After Four Attempts
UPSC Topper Rupal Rana secured AIR 26 in 2023 after four attempts. Learn her preparation strategy, booklist,...
Ankita Parashar RAS 2023
4 Attempts, 1 Dream, 0 Excuses: Meet RAS Topper Ankita Parashar, Who Fulfilled a Daughter’s Promise & Secured Rank 2 | Exclusive Interview
Ankita Parashar, a teacher-turned-officer from Pushkar, fulfilled her late father’s dream by securing...
Kushal Chaudhary RAS
From Lab Assistant’s Grit to Rajasthan Topper: How Kushal Chaudhary Topped RAS 2023 with Self-Study | Preparation, Strategy & Interview
Kushal Chaudhary, a farmer’s son and lab assistant from Ajmer, topped RAS 2023 through self-study, overcoming...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Panna police
Panna Police Under Siege: SHO and Constable Injured as Villagers Launch Brutal Attack
Panna police
Khaki Power on the Podium: MP Police Shine at All India Police Games 2025 with Gold, Yoga & Judo Glory
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
WhatsApp Image 2025-10-16 at 15.16
IDES Saquib Alam
ADVERTISEMENT
ADVERTISEMENT