Housing & Urban Development Corporation Share Price

Housing and Urban Development Corporation Limited (HUDCO) was incorporated on April 25, 1970, as a private company fully owned by the Government of India. Headquartered in New Delhi, it is listed on both the National Stock Exchange (HUDCO) and Bombay Stock Exchange (540530). It operates under the Ministry of Housing and Urban Affairs. HUDCO is a Navratna Central Public Sector Enterprise, focussed on providing finance for housing and urban infrastructure development. It aims to combine profitability with social justice, particularly addressing housing for Economically Weaker Sections (EWS), Low Income Groups (LIG), and urban development projects across India.

HUDCO Business Segments and Revenue Model

HUDCO’s revenue comes mainly from housing finance and urban infrastructure finance. Under housing finance, it offers loans for building residential properties, social housing (for EWS and LIG), and retail housing through its “HUDCO Niwas” offering. In urban infrastructure finance, it provides term loans to state government agencies, local bodies, housing boards etc. for projects in water supply, roads, transport, sanitation, solid waste management, power, and social infrastructure. It also offers consultancy and planning services, technical assistance, and supports new town development. The company raises funds via its borrowings (domestic and increasingly overseas), issue of non-convertible debentures, and by the equity and capital support from government. Interest income from its loan book forms the core of its revenue stream.

HUDCO Key Milestones

• 1970: HUDCO incorporated, fully owned by Government of India.
• 1989: Began financing urban infrastructure projects beyond housing (roads, drainage, water supply etc.).
• 1991: Received UN-Habitat Scroll of Honour for its contributions to housing development.
• 2004: Conferred Miniratna status by the Government of India.
• 2017: HUDCO’s IPO opened, offering part of government stake; IPO price band ₹56-60; listed on NSE & BSE in May 2017.
• 2022-2023: Introduced “HUDCO Design Awards” / “HUDCO Best Practices Awards” to promote innovation in green buildings, heritage conservation, disaster-resistant technology etc.
• 2024: Awarded Navratna CPSE status elevating its strategic importance among PSUs.
• FY25: Achieved its highest ever fund mobilisation / loan portfolio raise, indicating growth in its funding operations.
• Recent: Planning its first overseas debt issuance in FY26 (tentative) to diversify borrowing sources and reduce financing costs.

HUDCO ESG and Sustainability

• Core CSR / sustainability focus includes affordable housing (especially EWS/LIG), improving living environments, clean water, sanitation, urban infrastructure and environmental management.
• Green building practices, promotion of energy efficiency (e.g. installing solar panels on institutional buildings), rainwater harvesting, water conservation, and incorporating environmentally friendly technologies are a few other focal points.
• Mission statement emphasises “Profitability with Social Justice” — balancing financial viability with equitable growth.
• Long-term goal is to embed sustainability in operations, improve environmental footprint, contribute to India’s urban sustainability targets, support climate resilient city planning and clean infrastructure.

HUDCO Awards and Recognitions

• UN-Habitat Scroll of Honour (1991) for contribution to housing development.
• HUDCO Awards / Best Practices Awards to Improve the Living Environment (since ~2011-12) for municipalities, ULBs, NGOs etc for sanitation, green building, heritage conservation etc.
• HUDCO Design Awards 2022-23 – awarded in categories including Green Buildings, Cost-Effective Rural/Urban Housing, Disaster-Resistant Technology.
• Strong IPO debut recognition in 2017 for oversubscription (~80×) and premium listing performance.