HDFC raises $504 million via rupee denominated bonds

Housing Development Finance Corporation Ltd. - (Amalgamated) | Finance - Housing | BFSI | BSE: 500010 | NSE: HDFC

27 Mar 2017 Evaluate

In order to fund its business expansion, Housing Development Finance Corporation (HDFC) has raised about $504 million (around Rs 3,300 crore) through rupee denominated bonds. The bond with maturity of 3 years and 1 month carries 7.35% per annum. The maturity of the instrument is April 30, 2020.

HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.

Peers

Company Name	CMP
LIC Housing Finance	542.15
Housing & Urban Dev.	169.70
Piramal Finance	2202.40
Bajaj Housing Fin.	82.94
PNB Housing Finance	1131.95
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.