HOUSING AND URBAN DEVELOPMENT FINANCE CORPORATION PRIVATE LIMITED
Corporate Identity Number(CIN):
L74899DL1970GOI005276
Type of Issuer Based on Ownership:
Public Sector Undertaking (PSU)
Type of Issuer - Nature:
Other
Registered Office Address of Issuer:
HUDCO BHAVAN, INDIA HABITAT CENTRE, LODHI ROAD, NEW DELHI 110003.
Business Sector:
Name of the Compliance Officer/Company Secretary:
Mr. RAJINDER PAUL
Instrument details
Instrument Description (Long):
8.98% (FOR CATEGORY IV i.e. RIIs. IF ON RECORD DATE BONDS HELD BY RII ELSE 8.73% p.a.) SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. TRANCHE III. SERIES 2B. LETTER OF ALLOTMENT. DATE OF MATURITY 24/03/2029
Instrument Description(short):
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SR-2B TRCH-III 8.98 LOA 28MR29 FVRS1000
ISIN:
INE031A07AG1
Type of Instrument:
Bonds
Face Value (per instrument)::
1000
Whether Secured or Unsecured:
Secured
Coupon Basis:
Fixed Interest
Whether Guaranteed or Partially Guaranteed:
Not guaranteed
Coupon Rate:
8.98% (REFER REMARKS)
Details of Variable Coupon Rate:
N.A.
Seniority in Repayment:
Senior
Day Count Convention:
Actual/actual
Whether tax free:
Yes
Mode of Issue:
Public Issue
If Tax free - Section of The Income Tax Act,1961:
Under Section 10(15)(iv)(h)
Issue price (per instrument):
1000
Issue Size (in Crores):
128.422
Series (if any):
SERIES 2B
Total Allotment Quantity:
0
Whether bonds/debentures fall under Infrastructure category as per Government notification:
No
Date of Allotment:
24-Mar-2014
Tenure of the instrument at the time of Issuance:
Year
:
15
Months
:
0
Days
:
0
Frequency of Interest Payment with specified dates:
ANNUALLY ON 01ST DEC EVERY YEAR TILL MATURITY STARTING 01/12/14
Scheduled Opening Date:
28-Feb-2014
Put Option with specified dates:
Scheduled Closing Date:
19-Mar-2014
Call Option with specified dates:
Actual Closing Date:
19-Mar-2014
Redemption Date/Last Conversion Date:
24-Mar-2029
Defaulted in Redemption:
Not Applicable
If guaranteed, provide complete details regarding the Guarantee:
N.A.
Redemption Premium Details:
N.A.
Step up / Step down coupon basis:
Step up / Step down details:
N.A.
Indicate whether Put option will be exercised at Discount/Premium/Par:
Put option details:
N.A.
Indicate whether Call option will be exercised at Discount/Premium/Par:
Call option details:
N.A.
Whether Debentures/Bonds are perpetual in nature:
No
Indicate whether the instrument is rated:
Yes
Type of Convertibility - A:
Non Convertible
Convertibility details:
N.A.
Type of Convertibility - B:
Coupon Type:
Simple
Compounding Frequency Details:
N.A.
If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.:
BONDS ISSUED IN THE NATURE OF DEBENTURES SECURED BY A FLOATING FIRST PARI-PASSU CHARGE ON PRESENT AND FUTURE RECEIVABLES OF OUR COMPANY TO THE EXTENT OF THE AMOUNT MOBILIZED UNDER THE ISSUE HUDCO RESERVES THE RIGHT TO CREATE FIRST PARI PASSU CHARGE ON PRESENT AND FUTURE RECEIVABLES FOR ITS PRESENT AND FUTURE FINANCIAL REQUIREMENTS
