Tax Free
Tax Category
15 Mar, 2031
Maturity Date
(6 Yr 3 Mo 8 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
15 Mar, 2016
Allotment Date
NA
Put Date
15 Dec, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
7.69%
Coupon
Fixed Interest
Coupon Basis
6.8051%
Current Yield
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
HUDCO, incorporated in 1970, is a listed Miniratna public sector enterprise under the Ministry of Housing and Urban Affairs, GoI. It is a public financial institution and primarily finances social housing and Urban Infrastructure projects. Over the past seven years, HUDCO has been taking incremental exposures exclusively to state governments and public-sector agencies.
The ratio in FY24 is 9.47x and it was 9.24x in FY23, indicating increase in the debt level due increase in the borrowings as well as finance cost of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.57x and it was 1.51x in FY23, indicating slight increase in debt servicing ability of the issuer due to increase in the profitability in FY 24.
Interest coverage ratio
Apr 10, 2024 | Housing And Urban Development Corporation Limited
Apr 10, 2024 | Housing And Urban Development Corporation Limited
Nov 27, 2024 | Housing And Urban Development Corporation Limited
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BOND VALUE DETAILS
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.