HUDCO Tax Free issue will be opening for subscription on 9th January 2013 and closing on 22nd January 2013.
Please note that NRIs (Repatriation as well as Non-repatriation basis) and FIIs can apply in the issue.
Please find below the issue details.
Bidding will be done on BSE software.
| Issue Name |
HUDCO Tax Free
| |
| Issue Size |
Rs.700 crores with an option to retain oversubscription upto Rs.5000 crores
| |
| Credit Rating |
CARE AA+ from CARE and IND AA+ from IRRPL
| |
| Tenure |
10 years
|
15 years
|
| Coupon p.a.for Category I, II, III (QIB, HNI, Corporates) |
7.34%
|
7.51%
|
| Coupon p.a.for Category IV (Retail) |
7.84%
|
8.01%
|
| Frequency of interest payment |
Annual
|
Annual
|
| Face Value |
Rs. 1,000
|
Rs. 1,000
|
| Minimum App size |
5 Bonds (Rs.5000) across both the series of Bonds
| |
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