Hubtown has delayed the redemption in full, the principal amount of the Rated Secured Redeemable Non-convertible Debentures (NCDs) aggregating Rs 100 crore. The due date for redemption was December 14, 2015 and the delay was owing to the liquidity crunch.
The company is exploring alternative sources of finance to generate adequate cash flows to overcome the liquidity crunch and is hopeful that these efforts will yield fruitful results.
Hubtown (formerly known as Akruti City) is engaged in the development, sale, and lease of commercial, residential, retail, and industrial properties.
| Company Name | CMP |
|---|---|
| Lodha Developers | 871.70 |
| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: