Description

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

Summary

Housing & Urban Development Corporation Ltd. (HUDCO) has listed new debt securities on BSE Debt segment effective December 15, 2025. The securities were issued on private placement basis with a total quantity of 190,500 units, face value of Rs. 1,00,000 per unit, carrying an interest rate of 6.98% p.a. with maturity on December 12, 2032.

Key Points

  • Scrip Code: 977370 (Scrip ID: 698HUDC32)
  • ISIN: INE031A08AA2
  • Security Name: HUDCL-6.98%-12-12-32-PVT
  • Quantity Listed: 190,500 units (total value: Rs. 1,905 crore)
  • Face Value: Rs. 1,00,000 per unit
  • Issue Price: Rs. 1,00,000 per unit
  • Date of Allotment: December 12, 2025
  • Interest Rate: 6.98% per annum (payable annually)
  • Credit Rating: CARE AAA, ICRA AAA, IND AAA (triple-A rated)
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Put/Call Option: Not applicable

Regulatory Changes

No regulatory changes. This is a standard debt security listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE031A08AA2
  • Securities will be traded on BSE Debt segment
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members can contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 12, 2025
  • Listing Date: December 15, 2025
  • Interest Payment Dates: Annually from December 12, 2026 to December 12, 2032
  • Maturity/Redemption Date: December 12, 2032

Impact Assessment

Market Impact: Minimal. This is a routine debt security listing for institutional/qualified investors on private placement basis.

Investor Impact: Limited to debt market participants. The triple-A credit rating indicates high credit quality. The 6.98% coupon rate provides a fixed income opportunity for debt investors with a 7-year maturity period.

Operational Impact: Trading members need to ensure their systems are updated with the new scrip code and ISIN for trading in dematerialized form only.

Impact Justification

Routine debt security listing on private placement basis with no immediate impact on equity markets or trading operations