Description

HUDCO has listed new debt securities (INE031A08AA2) worth Rs. 1,905 crore with 6.98% interest rate and maturity date of December 12, 2032 on BSE Debt segment.

Summary

Housing & Urban Development Corporation Ltd. (HUDCO) has listed new secured redeemable non-convertible debentures on BSE’s Debt segment effective December 15, 2025. The securities were issued on a private placement basis with a face value of Rs. 1 lakh each, totaling 1,90,500 debentures (Rs. 1,905 crore aggregate value). The debentures carry a 6.98% per annum interest rate with AAA rating from CARE, ICRA, and India Ratings.

Key Points

  • Scrip Code: 977370 | Scrip ID: 698HUDC32 | ISIN: INE031A08AA2
  • Total Quantity: 1,90,500 debentures with face value of Rs. 1,00,000 each
  • Market Lot: 1 unit (minimum trading quantity)
  • Issue Price: Rs. 1,00,000 (at par)
  • Credit Rating: CARE AAA, ICRA AAA, IND AAA (highest safety rating)
  • Interest Rate: 6.98% per annum payable annually
  • Date of Allotment: December 12, 2025
  • Trading: Demat form only under specified ISIN
  • Tick Size: 1 paise for price movements
  • No Put/Call options available

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification under existing debt market regulations.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Members must use the designated ISIN (INE031A08AA2) for all transactions
  • Adherence to 1 paise tick size for price quotations
  • Members should refer to the Placement Memorandum available on BSE website for complete details
  • For clarifications, contact BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 12, 2025
  • Listing Date: December 15, 2025 (effective for trading)
  • Interest Payment Dates: Annually from December 12, 2026 to December 12, 2032
  • Maturity/Redemption Date: December 12, 2032 (7-year tenure)

Impact Assessment

Market Impact: Minimal. This is a standard debt instrument listing that primarily affects institutional investors and debt market participants. The securities were issued on private placement basis and are not available for retail subscription.

Investor Impact: Provides institutional investors with a AAA-rated long-term debt instrument backed by a government-owned financial institution. The 6.98% yield offers a benchmark for similar 7-year government-backed debt securities.

Operational Impact: Trading members gain access to trade HUDCO debentures on the BSE Debt platform with standard settlement procedures.

Impact Justification

Routine debt securities listing announcement for institutional investors with no material impact on equity trading or retail market operations