APPLICANT'S UNDERTAKING HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED
housing and urban development corporation limited - HDFC Bank
housing and urban development corporation limited - HDFC Bank
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“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”THIS ABRIDGED PROSPECTUS CONSISTS OF 48 PAGES. PLEASE ENSURE THAT YOU GET ALL PAGESPlease ensure that you read the Prospectus and the general instructions contained in this Memorandum before applying in the Issue.Unless otherwise specified, all capitalised terms used in this form shall have the meaning ascribed to such terms in the Prospectus. Theinvestors are advised to retain a copy of Prospectus/Abridged Prospectus for their future reference.<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>Our Company was incorporated as Housing and Urban Development Finance Corporation Private Limited on April 25, 1970 as a private limitedcompany under the Companies Act, 1956, as amended (the “Companies Act”) and was granted a certificate of incorporation by the then Registrar ofCompanies, Delhi. Subsequently the name of our Company was changed to its present name and a fresh certificate of incorporation dated July 9, 1974was issued by the then Registrar of Companies, Delhi and Haryana. For further details, see the section titled “History and Certain Corporate Matters”on page 72 of the Shelf Prospectus.Registered and Corporate Office: HUDCO Bhawan, Core- 7A, India Habitat Centre, Lodhi Road, New Delhi 110003, India.Telephone: +91 11 2464 9610-27; Facsimile: +91 11 2464 8427Compliance Officer: Mr. Rajinder Paul; Telephone: +91 11 2464 8426; Facsimile: +91 11 2464 8427E-mail: taxfreebonds@hudco.org; Website: www.hudco.orgPUBLIC ISSUE BY <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong> (“COMPANY” OR THE “ISSUER”) OF TAX FREE BONDS OF FACE VALUEOF ` 1000 EACH IN THE NATURE OF SECURED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES, HAVING BENEFITS UNDER SECTION 10(15)(IV)(H) OF THEINCOME TAX ACT, 1961, AS AMENDED (“BONDS”) AGGREGATING TO ` 750 CRORE (“BASE ISSUE SIZE”) WITH AN OPTON TO RETAIN OVERSUBSCRIPTIONUPTO THE SHELF LIMIT* (I.E. ` 4809.20 CRORE) (“ISSUE”). THIS ISSUE IS BEING OFFERED BY WAY OF THE PROSPECTUS TRANCHE – I WHICH CONTAINS,INTER ALIA, ALL TERMS <strong>AND</strong> CONDITIONS OF THE TRANCHE – I (THE “PROSPECTUS TRANCHE – I”) WHICH SHOULD BE READ TOGETHER WITH THE SHELFPROSPECTUS DATED SEPTEMBER 11, 2013 FILED WITH THE REGISTRAR OF COMPANIES, NATIONAL CAPITAL TERRITORY OF DELHI <strong>AND</strong> HARYANA, BSE<strong>AND</strong> SEBI (“SHELF PROSPECTUS”). THE SHELF PROSPECTUS, TOGETHER WITH THE PROSPECTUS TRANCHE – I SHALL CONSTITUTE THE “PROSPECTUS”.* In terms of the CBDT Notification (defined hereinafter), in addition to the tranche(s) of public issue, our Company may also raise Bonds on aprivate placement basis in one or more tranches during the process of the present Issue, not exceeding ` 1,500 crores, i.e. upto 30% of the allocatedlimit for raising funds through the Bonds during the Fiscal 2014, at its discretion, wherein suitable amounts shall be earmarked for subscription bySovereign Wealth Funds, Pension and Gratuity Funds. Our Company shall ensure that Bonds issued throu gh the public issue route and privateplacement route shall together not exceed ` 4,809.20 crores. In case our Company raises funds through private placements during the process ofthe present Issue, the Shelf Limit for the Issue shall get reduced by such amount raised.The Issue is being made under the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, as amended (“SEBIDebt Regulations”) and pursuant to notification No. 61/2013/F.No. 178/37/2013-(ITA.I) dated August 8 , 2013 issued by the Central Board of DirectTaxes, Department of Revenue, Ministry of Finance, Government of India (“CBDT Notification”), by virtue of powers conferred upon it by item(h) of sub-clause (iv) of clause (15) of section 10 of the Income Tax Act, 1961, as amended.GENERAL RISKSInvestors are advised to read the Risk Factors carefully before taking an investment decision in relation to this Issue. For taking an investmentdecision, investors must rely on their own examination of the Issuer and the Issue, including the risks involved. Specific attention of theinvestors is invited to "Risk Factors" on page 10 of the Shelf Prospectus and "Recent Material Developments" on page 23 of the prospectusTranche-I before making an investment in this Issue. This document has not been and will not be approved by any regulatory authority in India,including the National Housing Bank ("NHB"), the Securities and Exchange Board of India ("SEBI"), th e Reserve Bank of India ("RBI"), anyregistrar of companies or any stock exchange in India.ISSUER’S ABSOLUTE RESPONSIBILITYThe Issuer, having made all reasonable inquiries, accepts responsibility for and confirms that the p rospectus does contain and, will contain allinformation with regard to the Issuer and the Issue, which is material in the context of the Issue, that the information contained in theProspectus will be true and correct in all material respects and is not misleading in any material respect, that the opinions and intentionsexpressed herein are honestly held and that there are no other material facts, the omission of which makes the Prospectus or any suchinformation or the expression of any such opinions or intentions, misleading in any material respect at the time of the Issue.CREDIT RATINGCARE has assigned a rating of ‘CARE AA+’ to the Bonds vide letter dated September 9, 2013. India Ratings and Research Private Limit ed(formerly Fitch Ratings India Private. Limited) (“IRRPL”) has assigned a rating of ‘IND AA+’ to the Bonds vide letter dated September 6, 2013.Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instrumentscarry very low credit risk. For the rationale for this rating, see Annexure B of the Shelf Prospectu s. This rating is not a recommendation to buy,sell or hold securities and investors should take their own decision. This rating is subject to revi sion or withdrawal at any time by the assigningrating agency(ies) and should be evaluated independently of any other ratings.PUBLIC COMMENTSThe Draft Shelf Prospectus dated August 29, 2013 was filed with the BSE Limited (“BSE”), the Designated Stock Exchange pursuant to theprovisions of the SEBI Debt Regulations on August 30, 2013 and was open for public comments for seven Working Days (as defined hereinafter)(i.e. until 5 p.m. on September 6, 2013).LISTINGThe Bonds are proposed to be listed on the BSE, the Designated Stock Exchange for the Issue. The BSE has given its -principle listing approvalthrough its letter dated September 6, 2013.ISSUE PROGRAMME**ISSUE OPENS ON: SEPTEMBER 17, 2013 ISSUE CLOSES ON: OCTOBER 14, 2013** The Issue shall remain open for subscription from 10:00 a.m. till 5:00 PM (Indian Standard Time) for the period mentioned above, with an option for early closure or extension by such period as may be decided by the Boardof Directors or a duly constituted committee thereof, or the Chairman and Managing Director. In the event of such early closure or extension of the subscription list of the Issue, our Company shall ensure that public notice of suchearly closure is published on or before the day of such early date of closure through advertisement/s in at least one leading national daily newspaper.A copy of the Shelf Prospectus and the Prospectus Tranche-I shall be filed with the Registrar of Companies, National Capital Territory of Delhi and Haryana, in terms of section 56 and section 60 of the Companies Act along withthe requisite endorsed/certified copies of all requisite documents. For more information, see the section titled “Material Contracts and Documents for Inspection” on page165 of the Shelf Prospectus.Please read the Risk Factors carefully. See section titled “Risk Factors” on page no. [•] of this Abridged Prospectus<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>3
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”DETAILS RELATING TO ENTITIES ASSOCIATEDWITH THE ISSUELEAD MANAGERS TO THE ISSUEAXIS CAPITAL <strong>LIMITED</strong>1st floor, Axis House,C-2 Wadia International CentreP.B. Marg, Worli, Mumbai- 400025Telephone: (+91 22) 4325 2525, Facsimile: (+91 22) 4325 3000Email ID: hudcotaxfree@axiscap.in, Website: www.axiscap.inInvestor Grievance ID: complaints@axiscap.inContact Person: Mr. Akash AggarwalCompliance Officer: Mr. M. NatarajanSEBI Registration Number: INM000012029EDELWEISS FINANCIAL SERVICES <strong>LIMITED</strong>14 th Floor, Edelweiss House,Off CST Road, Kalina, Mumbai-400098Telephone: +91 22 40863535, Facsimile: +91 22 4086 3610Email ID: hudco.tfbonds@edelweissfin.comWebsite: www.edelweissfin.comInvestor Grievance ID: customerservice.mb@edelweissfin.comContact Person: Ms. Sujaya Moghepadhye/ Mr. Viral ShahCompliance Officer: Mr. B. RenganathanSEBI Registration Number: INM0000010650HDFC BANK <strong>LIMITED</strong>Investment Banking DivisionTrade World, A Wing, 1st FloorKamala Mills CompoundS. B. Marg, Lower Parel (West), Mumbai - 400 013Telephone: +91 22 3383 9197, Facsimile: +91 22 4080 4114Email ID: hudcotaxfreebonds2013@hdfcbank.comWebsite: www.hdfcbank.comInvestor Grievance ID: investor.redressal@hdfcbank.comContact Person: Mr. Amit Kumar SinghCompliance Officer: Mr. Manoj NadkarniSEBI Registration Number: INM000011252KARVY INVESTOR SERVICES <strong>LIMITED</strong>701, Hallmark Business PlazaSant Dnyaneshwar MargOff Bandra Kurla Complex, Bandra (East)- Mumbai-400051Telephone: +91 22 6149 1500, Facsimile: +91 22 6149 1515Email ID: hudco2013@karvy.com, Website: www.karvy.comInvestor Grievance ID: igmbd@karvy.com/cmg@karvy.comContact Person: Mr. Sumit SinghCompliance Officer: Mr. V Madhusudhan RaoSEBI Registration Number: INM000008365RR INVESTORS CAPITAL SERVICES PRIVATE <strong>LIMITED</strong>47, M.M. Road, Rani Jhansi MargJhandewalan, New Delhi – 110 055Telephone: +91 11 2363 6362, Facsimile: +91 11 2363 6746Email ID: hudcotaxfree2013@rrfcl.comWebsite: www.rrfinance.com/www.rrfcl.comInvestor Grievance ID: investors@rrfcl.comContact Person: Mr. Anurag AwasthiCompliance Officer: Mr. Sandeep MahajanSEBI Registration Number: INM000007508CONSORTIUM MEMBERSEDELWEISS SECURITIES <strong>LIMITED</strong>2nd Floor, M.B. Towers, Plot no. 5, Road no. 2Banjara Hills, Hyderabad 500 034Telephone: +91 22 6747 1342, Facsimile: + 91 22 6747 1347E-mail ID: hudco.tfbonds@edelweissfin.comWebsite: www.edelweissfin.comInvestor Grievance ID: customerservice.mb@edelweissfin.comContact Person: Mr. Prakash BorichaSEBI Registration Number: INB011193332 (BSE)/ INB231193310(NSE)/ INB261193396 (MCX-SX)HDFC SECURITIES <strong>LIMITED</strong>I Think Techno Campus, “Alpha”, Building – BOffice Floor 8, Opp. Crompton GreavesKanjurmarg, Mumbai – 400042Telephone: +91 22 3075 3400/ 3075 3442Facimile: +91 22 3075 3435Email ID: sunil.raula@hdfcsec.com/sharmila.kambli@hdfcsec.comWebsite: www.hdfcsec.comInvestor Grievance ID: customercare@hdfcsec.comContact Person: Mr. Sunil RaulaSEBI Registration No.: INB011109437 (BSE) and INB231109431 (NSE)RR EQUITY BROKERS PRIVATE <strong>LIMITED</strong>47, M. M. Road, Rani Jhansi MargJhandewalan, New Delhi – 110 055Telephone: +91 11 2350 8473Facimile: +91 11 2363 6743Email ID: manishagrawal@rrfcl.comWebsite: www.rrfinance.com/ www.rrfcl.comInvestor Grievance ID: investors@rrfcl.comContact Person: Mr. Manish AgrawalSEBI Registration No.: INB011219632 (BSE) and INB231219636 (NSE)Karvy Stock Broking Limited“Karvy House”, 46, Avenue 4Street no. 1, Banjara Hills, Hyderabad – 500 034Telephone: +91 40 2331 2454, Facimile: +91 40 6662 1474Email ID: hudco2013@karvy.com, Website: www.karvy.comInvestor Grievance ID: ksblredressal@karvy.comContact Person: Mr. P. B. RamapriyanSEBI Registration No.: INB230770138 (NSE) /INB010770130 (BSE)4 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”Yes Bank LimitedIFC, Tower 2, 8th Floor,Senapati Bapat Marg, Elphinstone (W), Mumbai - 400013Telephone: +91 22 33477251, Facsimile: + 91 22 24214504Email: dlbtiservices@yesbank.in, Website:www.yesbank.inContact person: Mr. Shankar Vichare/Mr. Paresh KulkarniSEBI Registration Number: INBI00000935*The SEBI registration of State Bank of India as a Banker to theIssue expired on November 30, 2012. State Bank of India hasapplied for renewal of its registration certificate on November27, 2012 prior to the expiry of its registration. The approval ofSEBI in this regard is awaited.REFUND BANKSAxis Bank LimitedAxis Bank Limited, 148,Statesman House, Barakhamba Road, New Delhi-110 001Telephone: +91 11 47425120/ 9818333691/9911591303Facsimile: + 91 11 43506565/ 23311054Email: newdelhi.branchhead@axisbank.com/amit.mishra@axisbank.com/ashish.dhall@axisbank.comContact person: Mr. Amit Mishra, Mr. Ashish DhallWebsite:www.axisbank.comSEBI Registration Number: INB100000017IDBI Bank LimitedUnit No. 2, Corporate Park,Sion Trombay Road, Chembur, Mumbai – 400 071Telephone: +91 22 66908402, Facsimile: + 91 22 25286173Email: ipoteam@idbi.com, Website:www.idbibank.comContact person: Mr. V. JayananthanSEBI Registration Number: INB100000076SELF CERTIFIED SYNDICATE BANKSThe banks which are registered with SEBI under the Securitiesand Exchange Board of India (Bankers to an Issue) Regulations,1994 and offer services in relation to ASBA, including blocking ofan ASBA Account, a list of which is available on http://www.sebi.gov.in/sebiweb/home/list/5/33/0/0/Recognised-Intermediariesor at such other website as may be prescribed by SEBIfrom time to time.CREDIT RATING AGENCIESCredit Analysis & Research Limited3 rd Floor, B – 47, Inner Circle, Connaught PlaceNear Plaza Cinema, New Delhi – 110 001Telephone: +91 11 4533 3245, Facsimile: +91 11 4533 3238Email: jyotsna.gadgil@careratings.comWebsite: http://www.careratings.comContact person: Ms. Jyotsna GadgilSEBI Registration No.: IN/CRA/004/1999Indian Ratings and Research Private LimitedWockhardt Towers, 4 th FloorBandra Kurla Complex, Bandra (East), Mumbai – 400 051Telephone: +91 22 4000 1700, Facsimile: +91 22 400 1701Email: shrikant.dev@indianratings.co.inContact person: Shrikant DevWebsite: www.indianratings.co.inSEBI Registration No.: IN/CRA/002/1999DISCLAIMERParticipation of any of the aforementioned categories of personsor entities is subject to the applicable statutory and/or regulatoryrequirements in connection with the subscription to Indian securitiesby such categories of persons or entities. Applicants areadvised to ensure that Applications made by them do not exceedthe investment limits or maximum number of Bonds that can beheld by them under applicable statutory and or regulatory provisions.Applicants are advised to ensure that they have obtainedthe necessary statutory and/or regulatory permissions/consents/approvals in connection with applying for, subscribing to, or seekingAllotment of Bonds pursuant to the Issue. The Lead Managersand their respective associates and affiliates are permitted tosubscribe in the Issue. Applicants are advised to read the ShelfProspectus and the relevant Prospectus Tranche-I filed with Registrarof Companies and the general instructions contained in thisapplication form carefully and to satisfy themselves of the disclosuresbefore making an application for subscription. Unless otherwisespecified, all the terms used in this Application Form havethe same meaning as in the Prospectus. For a copy of the Prospectus,the applicant may request us and/or the Lead Managers.Further investors are advised to retain the copy of the Prospectus/AbridgedProspectus for their future reference. Please fill inthe Form in English using BLOCK letters. Investors should carefullychoose the Series of Bonds they wish to apply for. For details,please refer to section ‘Terms of the Issue’ on page [*] of theProspectus Tranche-I.TABLE OF CONTENTSOBJECTS OF THE ISSUE 7ISSUE PROCEDURE 7PAYMENT INSTRUCTIONS 16OTHER INSTRUCTIONS 27DETAILS PERTAINING TO THE COMPANY 30LEGAL <strong>AND</strong> OTHER INFORMATION 32RISK FACTORS 36DECLARATION 38CENTERS FOR AVAILABILITY <strong>AND</strong> ACCEPTANCE 39OF APPLICATION FORMSLIST OF SELF CERTIFIED SYNDICATE BANKS 47(SCSBS) UNDER THE ASBA PROCESS6 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”DETAILS PERTAINING TO THE ISSUEOBJECTS OF THE ISSUE1. Issue ProceedsThe CBDT has, by the CBDT Notification, authorised our Companyto raise the Bonds aggregating to ` 5,000.00 crores out ofwhich our Company has already raised an amount of ` 190.80crores on a private placement basis through a disclosure documentdated August 30, 2013 and a resolution of the ResourceCommittee (sub-committee of the Board) on September 2, 2013.Our Company proposes to raise the balance amount of ` 4,809.20crores * through a public issue of the Bonds in one or more tranchesprior to March 31, 2014.*In terms of the CBDT Notification, in addition to the tranche(s)of public issue, our Company may also raise Bonds on a privateplacement basis in one or more tranches during the process ofthe present Issue, not exceeding ` 1,500 crores, i.e. upto 30% ofthe allocated limit for raising funds through the Bonds duringthe Fiscal 2014, at its discretion, wherein suitable amountsshall be earmarked for subscription by Sovereign Wealth Funds,Pension and Gratuity Funds. Our Company shall ensure thatBonds issued through the public issue route and private placementroute shall together not exceed ` 4,809.20 crores. In caseour Company raises funds through private placements duringthe process of the present Issue, the Shelf Limit for the Issueshall get reduced by such amount raised.In terms of the Foreign Exchange Management (Borrowing andLending in Rupees) Regulations, 2000 (the “FEMA BorrowingRegulations”), monies borrowed in Indian rupees from personsresident outside India (as defined in FEMA) cannot be utilisedfor re-lending activities. Consequently, subscription monies raisedthrough the Issue from FIIs, Eligible NRIs, Eligible QFIs and othernon resident Applicants across all Categories shall not be utilisedfor “relending” activities and our Company shall keep all subscriptionmonies received from FIIs, Eligible NRIs, Eligible QFIsand all other non resident Applicants across all Categories in aseparate account opened and maintained by the Company, theproceeds of which account shall not be utilised for any lendingpurposes in terms of Regulation 6(2) of the FEMA BorrowingRegulations, and shall be utilized for the following purposes:(a) Debt servicing, which includes servicing of both the principalamounts as well as interest payments of various debt facilitiesavailed by our Company in the past and currently outstandingin its books of accounts, including loans, market borrowings(which include our non-convertible bonds/ debentures);(b) Statutory payments;(c) Establishment and administrative expenses;(d) Other working capital requirements of our Company; and(e) Any other purposes and end-uses as may be allowed by RBIfrom time to time through relevant regulations/guidelines/clarificationsissued by RBI.The main objects clause of the Memorandum of Association permitsour Company to undertake its existing activities as well asthe activities for which the funds are being raised through theIssue. Further, in accordance with the SEBI Debt Regulations, ourCompany is required to not utilize the proceeds of the Issue forproviding loans to or acquisition of shares of any person who isa part of the same group as our Company or who is under thesame management as our Company or any subsidiary of our Company.Our Company does not have any subsidiary. Further, ourCompany is a public sector enterprise and as such, there are noidentifiable group companies or companies under the same management.The Issue proceeds shall not be utilized towards full or part considerationfor the purchase or any other acquisition, among otherthings, by way of a lease, of any property.2. Interim use of ProceedsThe Board of Directors, in accordance with the policies formulatedby them from time to time, will have flexibility in deployingthe proceeds received from the Issue. Pending utilization of theproceeds out of the Issue for the purposes described above, ourCompany intends to temporarily invest funds in deposits withbanks or as may be approved by the Board. Such investmentwould be in accordance with the Board approved guidelines preparedon the basis of directions received from DPE.3. Monitoring of Utilization of FundsThere is no requirement for appointment of a monitoring agencyin terms of the SEBI Debt Regulations. The Board of Directors ofour Company shall monitor the utilisation of the proceeds of theIssue. Our Company will disclose in our Company’s financial statementsfor the relevant financial year commencing from Fiscal 2014,the utilization of the proceeds of the Issue under a separate headalong with details, if any, in relation to all such proceeds of theIssue that have not been utilized thereby also indicating investments,if any, of such unutilized proceeds of the Issue. Further, inaccordance with the Debt Listing Agreement, our Company willfurnish to the BSE on a half yearly basis, a statement indicatingmaterial deviations, if any, in the use of Issue proceeds and shallalso publish the same in newspapers simultaneously with thehalf-yearly financial results. We shall utilize the proceeds of theIssue only upon execution of the documents for creation of securityas stated in the Prospectus Tranche – I in the section titled“Terms of the Issue” on page 43 and upon the listing of the Bonds.ISSUE PROCEDUREThis section applies to all Applicants. ASBA Applicants and Applicantsapplying through the Direct Online Application Mechanism(as defined hereinafter) should note that the ASBA processand the Direct Online Application Mechanism involves applicationprocedures that are different from the procedure applicableto all other Applicants. Please note that all Applicants are requiredto pay the full Application Amount or ensure that the ASBAAccount has sufficient credit balance such that the entire ApplicationAmount can be blocked by the SCSB while making anApplication. In case of ASBA Applicants, an amount equivalentto the full Application Amount will be blocked by the SCSBs inthe relevant ASBA Accounts.ASBA Applicants should note that they may submit their ASBAApplications to the Members of the Syndicate or Trading Membersonly at the Syndicate ASBA Application Locations, or directlyto the Designated Branches of the SCSBs. Applicants otherthan ASBA Applicants are required to submit their Applicationsto the Members of the Syndicate or Trading Members (at theapplication centres of the Members of the Syndicate will be mentionedin the Application Form) or make online Applicationsusing the online payment gateway of the relevant StockExchange(s).Applicants are advised to make their independent investigationsand ensure that their Applications do not exceed the investmentlimits or maximum number of Bonds that can be held by themunder applicable law or as specified in the Shelf Prospectus andthe Prospectus Tranche – I.Please note that this section has been prepared based on thecircular no. CIR./IMD/DF-1/20/2012 dated July 27, 2012 issued bySEBI (“Debt Application Circular”). The procedure mentioned inthis section is subject to the Stock Exchange(s) putting in place<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>7
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”the necessary systems and infrastructure for implementation ofthe provisions of the abovementioned circular, including the systemsand infrastructure required in relation to Applications madethrough the Direct Online Application Mechanism and the onlinepayment gateways to be offered by the Stock Exchange(s) andaccordingly is subject to any further clarifications, notification,modification, direction, instructions and/or correspondence thatmay be issued by the Stock Exchange(s) and/or SEBI.The Members of the Syndicate and the Company shall not beresponsible or liable for any errors or omissions on the part oftrading members in connection with the responsibility of TradingMembers in relation to collection and upload of Applications inthis issue on the electronic application platform provided by therelevant Stock Exchange(s). Further the relevant Stock Exchange(s)will be responsible for addressing investor grievances arisingfrom applications through Trading Members.PROCEDURE FOR APPLICATION4. Availability of the Abridged Prospectus and Application FormsPlease note that there is a single Application Form for ASBAApplicants as well as non-ASBA Applicants who are personsresident in India. There is a separate Application Form for Applicants(ASBA Applicants and non-ASBA Applicants) who areFIIs, Eligible NRIs, Eligible QFIs and all other non-resident Applicantsacross all Categories applying for Bonds on repatriation ora non-repatriation basis.Copies of the Abridged Prospectus containing the salient featuresof the Prospectus Tranche – I together with ApplicationForms may be obtained from our Registered Office, the Lead Managers,the Consortium Members and the Designated Branches ofthe SCSBs. Additionally the Prospectus Tranche – I and the ApplicationForms will be available for download on the website ofthe Designated Stock Exchange at www.bseindia.com and otherrelevant Indian stock exchanges, the websites of the Lead Managersat www.axiscap.in, www.edelweissfin.com,www.hdfcbank.com, www.karvy.com, and www.rrfinance.com/www.rrfcl.com respectively.Electronic Application Forms will also be available on the websiteof the relevant Stock Exchange(s). A hyperlink to the website ofthe relevant Stock Exchanges(s) for this facility will be providedon the website of the Lead Managers and the SCSBs.Trading Members can download Application Forms from thewebsite of the relevant Stock Exchange(s). Further, ApplicationForms will also be provided to Trading Members at their request.The prescribed colour of the Application Form for the Applicantsis as follows:CategoryResident Indians (ASBA and non-ASBA Applicants)FIIs (including Sovereign Wealth Funds, PensionFunds and Gratuity Funds registered as FIIs withSEBI), Eligible NRIs (applying on a repatriation aswell as non-repatriation basis), Eligible QFIs and anyother non-resident Applicant across all Categories.Colour of theApplication FormW h it eBlue5. Who can apply?The following categories of persons are eligible to apply in theIssue.Category I• Public Financial Institutions, scheduled commercial banks,multilateral and bilateral development financial institutions,state industrial development corporations, which areauthorised to invest in the Bonds;• Provident funds and pension funds with minimum corpus of `8 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>25 crores, which are authorised to invest in the Bonds;• Insurance companies registered with the IRDA;• Foreign Institutional Investors and sub-accounts (other thana sub account which is a foreign corporate or foreign individual)registered with SEBI, including Sovereign WealthFunds, Pension and Gratuity Funds registered with SEBI asForeign Institutional Investors;• National Investment Fund (set up by resolution no. F. No. 2/3/2005-DDII dated November 23, 2005 of the Government ofIndia and published in the Gazette of India);• Insurance funds set up and managed by the army, navy or airforce of the Union of India or set up and managed by theDepartment of Posts, India;• Mutual funds registered with SEBI; and• Alternative Investment Funds, subject to investment conditionsapplicable to them under the Securities and ExchangeBoard of India (Alternative Investment Funds) Regulations,2012.Category II• Companies within the meaning of section 3 of the CompaniesAct * ;• Statutory bodies/corporations * ;• Cooperative banks;• Public/ private/ religious trusts;• Limited Liability Partnerships;• Eligible QFIs (not being individuals);• Regional rural banks;• Societies registered under applicable laws in India andauthorised to invest in the Bonds;• Associations of persons;• Partnership firms in the name of partners; and• Any other foreign/ domestic legal entities/ persons as may bepermissible under the CBDT Notification and authorised toinvest in the Bonds in terms of applicable laws.*The MCA has, through its circular (General Circular No. 06/2013) dated March 14, 2013, clarified that companies investingin tax-free bonds wherein the effective yield on the bonds exceedsthe yield on the prevailing bank rate will not be in violationof section 372A(3) of the Companies Act.Category IIIThe following Investors applying for an amount aggregating toabove ` 10 lakhs across all Series of Bonds in the Issue:• Resident Indian individuals;• Eligible NRIs on a repatriation or non – repatriation basis;• Hindu Undivided Families through the Karta; and• Eligible QFIs, being individuals.Category IVThe following Investors applying for an amount aggregating toup to and including ` 10 lakhs across all Series of Bonds in theIssue:• Resident Indian individuals;• Eligible NRIs on a repatriation or non – repatriation basis;• Hindu Undivided Families through the Karta; and• Eligible QFIs, being individuals.Participation of any of the aforementioned categories of personsor entities is subject to the applicable statutory and/or regulatoryrequirements in connection with the subscription to Indian securitiesby such categories of persons or entities.An FII, Eligible NRI, Eligible QFI or any other non-resident Appli-
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”cant applying in the Issue must not be (i) based in the UnitedStates of America (“USA”), and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to anytaxation laws of the USA.Applicants are advised to ensure that they have obtained the necessarystatutory and/or regulatory permissions/consents/approvalsin connection with applying for, subscribing to, or seekingallotment of Bonds pursuant to the Issue.The Lead Managers and their respective associates and affiliatesare permitted to subscribe in the Issue.The information below is given for the benefit of Applicants. OurCompany and the Lead Managers are not liable for any amendmentor modification or changes in applicable laws or regulations,which may occur after the date of the Shelf Prospectus.6. Who cannot applyApplications cannot be made by:a) Minors without a guardian name (A guardian may apply onbehalf of a minor. However, Applications by minors must bemade through Application Forms that contain the names ofboth the minor Applicant and the guardian);b) Foreign nationals, except as may be permissible under theCBDT Notification or under the applicable law;c) Non resident Investors, including FIIs, NRIs and QFIs whoare (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject toany taxation laws of the USA;d) Overseas Corporate Bodies;e) Indian Venture Capital Funds;f) Foreign Venture Capital Investors; andg) Persons ineligible to contract under applicable statutory/ regulatoryrequirements.In case of Applications for Allotment of the Bonds in dematerialisedform, the Registrar shall verify the above on the basis of therecords provided by the Depositories based on the DP ID andClient ID provided by the Applicants in the Application Form anduploaded onto the electronic system of the relevant StockExchange(s) by the Members of the Syndicate, SCSBs or the TradingMembers, as the case may be.Nothing in the Shelf Prospectus constitutes an offer of Bonds forsale in the United States or any other jurisdiction where it is unlawfulto do so. The Bonds have not been, and will not be, registeredunder the U.S. Securities Act of 1933, as amended (the SecuritiesAct), or the securities laws of any state of the United Statesor other jurisdiction and the Bonds may not be offered or soldwithin the United States or to, or for the account or benefit of, U.S.Persons (as defined in Regulation S under the Securities Act)except pursuant to an exemption from, or in a transaction notsubject to, the registration requirements of the Securities Act andapplicable state securities laws. The Issuer has not registered anddoes not intend to register under the U.S. Investment CompanyAct, 1940 in reliance on section 3(c)(7) thereof. The Shelf Prospectusmay not be forwarded or distributed to any other personand may not be reproduced in any manner whatsoever, and inparticular, may not be forwarded to any U.S. Person or to any U.S.address.No offer to the public (as defined under Directive 20003/71/EC,together with any amendments and implementing measuresthereto, (the “Prospectus Directive”) has been or will be made inrespect of the Issue or otherwise in respect of the Bonds, in anymember State of the European Economic Area which has implementedthe Prospectus Directive except for any such offer madeunder exemptions available under the Prospectus Directive, providedthat no such offer shall result in a requirement to publish orsupplement a prospectus pursuant to the Prospectus Directive,in respect of the Issue or otherwise in respect of the Bonds.Any forwarding, distribution or reproduction of this document inwhole or in part is unauthorised. Failure to comply with this directivemay result in a violation of the Securities Act or the applicablelaws of other jurisdictions. Any investment decision should bemade on the basis of the final terms and conditions of the bondsand the information contained in the Prospectus Tranche – I.7. Methods of ApplicationAn eligible Investor may apply in the Issue through one of thefollowing methods:1. Applications through the ASBA process; and2. Non-ASBA Applications.Note – Applicants are requested to note that in terms of the DebtApplication Circular, SEBI has mandated issuers to provide,through a recognized stock exchange which offers such a facility,an online interface enabling direct application by investorsto a public issue of their debt securities with an online paymentfacility (“Direct Online Application Mechanism”). In this regard,SEBI has, through the Debt Application Circular, directedrecognized stock exchanges in India to put in necessary systemsand infrastructure for the implementation of the Debt ApplicationCircular and the Direct Online Application Mechanism. Inthe event that the relevant Stock Exchanges put in necessarysystems, infrastructure and processes in place so as to enablethe adoption of the Direct Online Application Mechanism priorto the Issue Opening Date, we shall offer eligible investors desirousof applying in the Issue the option to make Applicationsthrough the Direct Online Application Mechanism.If such systems, infrastructures or processes are put in place bythe relevant Stock Exchange(s) after the filing of the ProspectusTranche – I but prior to the Issue Opening Date, the methods andprocedure for relating to the Direct Online Application Mechanismshall be widely disseminated by us through a public noticein a reputed national daily newspaper.Applications through the ASBA processPlease note that application through ASBA is optional for allcategories of Applicants.Applicants who wish to apply through the ASBA process byfilling in physical Application Forms will have to select the ASBAmechanism in the Application Forms and provide necessary details.Applicants can submit their Applications through the ASBAprocess by submitting the Application Forms to the DesignatedBranch of the SCSB with whom the ASBA Account is maintainedor through the Members of the Syndicate or Trading Members(ASBA Applications through the Members of the Syndicate andTrading Members shall hereinafter be referred to as the “SyndicateASBA”), prior to or on the Issue Closing Date. ASBA Applicationsthrough the Members of the Syndicate and Trading Membersis permitted only at the Syndicate ASBA Application Locations(Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, Rajkot,Jaipur, Bangalore, Hyderabad, Pune, Vadodara and Surat). Kindlynote that Application Forms submitted by ASBA Applicants toMembers of the Syndicate and the Trading Members at the SyndicateASBA Application Locations will not be accepted if theSCSB with which the ASBA Account, as specified in the ApplicationForm is maintained has not named at least one branch at thatlocation for the Member of the Syndicate or the Trading Membersto deposit the Application Form (A list of such branches is availableat http://www.sebi.gov.in/sebiweb/home/list/5/33/0/0/Recognised-Intermediaries).Members of the Syndicate and Trading Members shall, upon re-<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>9
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”ceipt of Application Forms from ASBA Applicants, upload thedetails of these Application Forms to the online platform of therelevant Stock Exchange(s) and submit these Application Formswith the SCSB with whom the relevant ASBA Accounts are maintainedin accordance with the Debt Application Circular. The SCSBshall block an amount in the ASBA Account equal to the ApplicationAmount specified in the Application Form.ASBA Applications in electronic mode will only be available withsuch SCSBs who provide such an electronic facility. In case ofASBA Applications in such electronic form, the ASBA Applicantshall submit the Application Form with instruction to block theApplication Amount either through the internet banking facilityavailable with the SCSB, or such other electronically enabledmechanism for applying and blocking funds in the ASBA Accountheld with SCSB, as would be made available by the concernedSCSB.Our Company, our directors, affiliates, associates and their respectivedirectors and officers, Lead Managers and the Registrarshall not take any responsibility for acts, mistakes, errors, omissionsand commissions etc. in relation to ASBA Applications acceptedby SCSBs and Trading Members, Applications uploadedby SCSBs, Applications accepted but not uploaded by SCSBs orApplications accepted and uploaded without blocking funds inthe ASBA Accounts. It shall be presumed that for Applicationsuploaded by SCSBs, the Application Amount has been blocked inthe relevant ASBA Account. Further, aall grievances against TradingMembers in relation to the Issue should be made by Applicantsdirectly to the relevant Stock Exchange(s).Please note that you cannot apply for the Bonds through theASBA process if you wish to be Allotted the Bonds in physicalform.Non-ASBA Applications(i) Non- ASBA Applications for Allotment of the Bonds indematerialised formApplicants may submit duly filled in Application Forms either inphysical or downloaded Application Forms to the Members ofthe Syndicate or the Trading Members accompanied by accountpayee cheques/ demand drafts prior to or on the Issue ClosingDate. The Members of the Syndicate and Trading Members shall,upload the non-ASBA Application on the online platform of therelevant Stock Exchange(s), following which they shall acknowledgethe uploading of the Application Form by stamping the acknowledgmentslip with the date and returning it to the Applicant.This acknowledgment slip shall serve as the duplicate of the ApplicationForm for the records of the Applicant and the Applicantshould preserve this and should provide the same for any grievancesrelating to their Applications.Upon uploading the Application on the online platform of therelevant Stock Exchange(s), the Members of the Syndicate andTrading Members will submit the Application Forms, along withthe payment instruments to the Escrow Collection Banks, whichwill realise the payment instrument, and send the Applicationdetails to the Registrar. The Members of the Syndicate/ TradingMembers are requested to note that all payment instruments arerequired to be banked with only the banking branches of theEscrow Collection Banks, details of which will be available at thewebsites of the Lead Managers at www.axiscap.in,www.edelweissfin.com, www.hdfcbank.com, www.karvy.com andwww.rrfinance.com/www.rrfcl.com, respectively (A link for the saidwebsites will be available at the website of the BSE atwww.bseindia.com and other relevant Indian stock exchanges attheir respective websites). Accordingly, Applicants are requestedto note that they must submit Application Forms to Trading Memberswho are located in towns/ cities which have at least one10 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>banking branch of the Escrow Collection Banks. The Registrarshall match the Application details as received from the onlineplatform of the relevant Stock Exchange(s) with the ApplicationAmount details received from the Escrow Collection Banks forreconciliation of funds received from the Escrow Collection Banks.In case of discrepancies between the two data bases, the detailsreceived from the online platform of the relevant Stock Exchange(s)will prevail. Upon Allotment, the Registrar will credit the Bonds inthe demat accounts of the successful Applicants as mentioned inthe Application Form.Please note that neither our Company, nor the Members of theSyndicate, nor the Registrar shall be responsible for redressal ofany grievances that Applicants may have in regard to the non-ASBA Applications made to the Trading Members, including,without limitation, relating to non-upload of the Applications data.All grievances against Trading Members in relation to the Issueshould be made by Applicants to the relevant Stock Exchange(s).(ii) Non- ASBA Applications for Allotment of the Bonds in physicalformApplicants (except for Eligible QFIs) can also apply for Allotmentof the Bonds in physical form by submitting duly filled in ApplicationForms to the Members of the Syndicate or the Trading Members,along with the accompanying account payee cheques ordemand drafts representing the full Application Amount and KYCdocuments as specified in the sections titled “Issue Procedure –Applications by various Applicant Categories” and “Issue Procedure- Additional instructions specific for Applicants seekingAllotment of the Bonds in physical form” at pages 62 and 76 ofthe Prospectus Tranche -1, respectively. The Members of theSyndicate and Trading Members shall, upon submission of theApplication Forms to them, verify and check the KYC documentssubmitted by such Applicants and upload details of the Applicationon the online platform of the relevant Stock Exchange(s),following which they shall acknowledge the uploading of theApplication Form by stamping the acknowledgment slip with thedate and returning it to the Applicant. This acknowledgment slipshall serve as the duplicate of the Application Form for the recordsof the Applicant and the Applicant shall preserve this and shouldprovide the same for any queries relating to non-Allotment ofBonds in the Issue.Upon uploading of the Application details, the Members of theSyndicate and Trading Members will submit the ApplicationForms, along with the payment instruments to the Escrow CollectionBanks, which will realise the payment instrument, and sendthe Application Form and the KYC documents to the Registrar.The Registrar shall check the KYC documents submitted andmatch Application details as received from the online platform ofthe relevant Stock Exchange(s) with the Application Amount detailsreceived from the Escrow Collection Banks for reconciliationof funds received from the Escrow Collection Banks. In case ofdiscrepancies between the two data bases, the details receivedfrom the online platform of the relevant Stock Exchange(s) willprevail. The Members of the Syndicate/ Trading Members arerequested to note that all Applicants are required to be bankedwith only the banking branches of Escrow Collection Banks, detailsof which will be available at the websites of the Lead Managersat www.axiscap.in, www.edelweissfin.com, www.hdfcbank.com,www.karvy.com and www.rrfinance.com/www.rrfcl.com, respectively(A link for the said websites will be available at the websiteof the BSE at www.bseindia.com and other Indian stock exchangesat their respective websites). Accordingly, Applicants are requestedto note that they must submit Application Forms to TradingMembers who are located in towns/ cities which have at leastone banking branch of the Escrow Collection Banks. Upon Allot-
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”ment, the Registrar will dispatch Bond Certificates to the successfulApplicants to their addresses as provided in the ApplicationForm. Please note that, in the event that KYC documents of anApplicant are not in order, the Registrar will withhold the dispatchof Bond Certificates pending receipt of complete KYC documentsfrom such Applicant. In such circumstances, successfulApplicants should provide complete KYC documents to the Registrarat the earliest.Please note that in such an event, any delay by the Applicant toprovide complete KYC documents to the Registrar will be at theApplicant’s sole risk and neither our Company, the Registrar,the Escrow Collection Banks, or the Members of the Syndicate,will be liable to compensate the Applicants for any losses causedto them due to any such delay, or liable to pay any interest on theApplication Amounts for such period during which the BondCertificates are withheld by the Registrar. Further, our Companywill not be liable for any delays in payment of interest on theBonds allotted to such Applicants, and will not be liable to compensatesuch Applicants for any losses caused to them due to anysuch delay, or liable to pay any interest for such delay in paymentof interest on the Bonds.Further, please note that Eligible QFIs cannot apply for Allotmentof the Bonds in physical form. For further information, see thesection titled “Issue Procedure – Applications by various ApplicantCategories – Applications by Eligible QFIs” on page 65 ofthe Prospectus Tranche -1.Members of the Syndicate or Trading Members are also requiredto ensure that the Applicants are competent to contract under theIndian Contract Act, 1872 including minors applying throughguardians, at the time of acceptance of the Application Forms.To supplement the foregoing, the mode and manner of Applicationand submission of Application Forms is illustrated in thefollowing chart.Mode of Application * To whom the Application Form has to be submittedASBA Applications (i) to the Members of the Syndicate only at theSyndicate ASBA Application Locations; or(ii) to the Designated Branches of the SCSBswhere the ASBA Account is maintained; or(iii) to Trading Members only at the SyndicateASBA Application Locations.Non- ASBA (i) to the Members of the Syndicate; orApplications (ii) to Trading Members.• Please note that Eligible QFIs cannot make Applications forAllotment of the Bonds in physical form.8. Application SizeApplications are required to be for a minimum of five Bonds andmultiples of one Bond thereafter.APPLICATIONS BY VARIOUS APPLICANT CATEGORIESlimits. In particular, the SEBI circular bearing reference No. CIR/IMD/FIIC/6/2013, dated April 1, 2013 provides that the followingcategories of debt limits shall be merged into a single categorynamed ‘Corporate Debt’:1. Corporate debt – Old for FIIs (US$ 20 billion).2. Corporate debt – Old for QFIs (US$ 1 billion).3. Corporate debt – Long Term (US$ 5 billion).4. Corporate debt in relation to the long term infrastructure sector(US$ 12 billion).5. Investment by QFIs in debt mutual fund schemes which investin the infrastructure sector (US$ 3 billion).6. Investment in Infrastructure Debt Funds (US$ 10 billion).The combined limit for FIIs in the Corporate Debt category is US$51 billion, as provided in the table below.Type of Investment cap Eligible R emarksInstrument (US$ billion) InvestorsGovernment Debt 25 FIIs and QFIs Eligible investors may invest inTreasury Bills only up to US$ 5.5 billionwithin the limit of US$ 25 billionCorporate Debt 51 FIIs and QFIs Eligible investors may invest inCommercial Papers only up to US$ 3.5billion within the limit of US$ 51 billionThe RBI has, through its circular (bearing RBI/2012-13/391) datedJanuary 24, 2013 enhanced the limit for investment by FIIs in thegovernment debt (long term) category by US$ 5 billion to US$ 15billion and the corporate non-infrastructure debt category by US$5 billion. In terms of the aforesaid RBI circular, the changes aresummarized below:a) In the government debt (long term), the provision regarding 3years residual maturity at the time of first purchase shall nolonger be applicable. However, within this category, FIIs shallnot be allowed to invest in short term paper like treasury bills.b) In terms of the aforesaid circular, the limit of US$ 5 billion inthe corporate non-infrastructure debt shall not be availablefor investment in certificate of deposits and commercial paper.Investments in certificate of deposits are not permitted withinthe limit of US$ 20 billion.c) The US $ 1 billion limit for QFIs shall continue to be over andabove the revised limit of US$ 25 billion available for FII investmentin corporate non-infrastructure debt.d) For the US$ 12 billion sub-category for investment in corporatelong term infrastructure bonds, the following changeshave been made :(i) The restriction of 1 year lock-in period has been removed.(ii) The 5 year initial maturity restriction has been removed.At the time of first purchase by FIIs, the residual maturityshall be 15 months.e) For the sub-category of US$ 10 billion reserved for FII investmentsin Infrastructure Debt Funds, the restriction of 1 yearlock-in has been removed. The requirement of residual maturityof 15 months at the time of first purchase remains unchanged.f) Through its circular (bearing CIR/IMD/FII&C/18/2012) datedJuly 20, 2012, SEBI had permitted QFIs to invest in those debtmutual fund schemes that hold at least 25% of their assets(either in debt or equity or both) in the infrastructure sectorunder the US$ 3 billion investment limit for debt mutual fundschemes. These schemes were required to invest in infrastructuredebt having a minimum residual maturity of 5 years. Thisrestriction of 5 years residual maturity has been removed whilethe restriction of 3 years initial maturity has been introduced.g) All the above changes in lock-in, initial maturity and residual9. Applications by FIIs^An FII who purchases the Bonds under this Issue shall make thepayment for purchase of such securities either by inward remittancethrough normal banking channels or out of funds held inForeign Currency Account or Non-resident Rupee Account maintainedby such FII with a designated branch of an authorizeddealer in terms of the applicable regulations governing the same.Applications by FIIs for Allotment of the Bonds in physical formmust be accompanied by certified true copies of (i) its SEBI registrationcertificate; (ii) an inward remittance certificate; (iii) a resolutionauthorising investment in the Bonds; and (iv) specimensignatures of authorised persons.Investments by FIIsInvestments by FIIs in the Issue will be restricted by variouscirculars issued by SEBI and RBI providing for corporate debt<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>11
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”12 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>maturity requirements shall apply for investments by FIIs andSub-Accounts in debt securities to be made after the date ofthis circular.Subject to compliance with all applicable Indian laws, rules, regulationsguidelines and approvals in terms of regulation 15A(1) ofthe Securities and Exchange Board of India (Foreign InstitutionalInvestors) Regulations, 1995 (the “SEBI FII Regulations”), an FII(as defined in the SEBI FII Regulations), may issue or otherwisedeal in offshore derivative instruments (as defined under the SEBIFII Regulations as any instrument, by whatever name called, whichis issued overseas by an FII against securities held by it that arelisted or proposed to be listed on any recognized stock exchangein India, as its underlying) directly or indirectly, only in the event(i) such offshore derivative instruments are issued only to personswho are regulated by an appropriate regulatory authority;and (ii) such offshore derivative instruments are issued after compliancewith “know your client” norms. An FII is also required toensure that no further issue or transfer of any offshore derivativeinstrument is made by or on behalf of it to any persons that arenot regulated by an appropriate foreign regulatory authority asdefined under the SEBI FII Regulations.10. Applications by NRIs^We propose to issue Bonds to Eligible NRIs on a repatriable aswell as non-repatriable basis. Eligible NRI Applicants should notethat only such Applications as are accompanied by payment inIndian Rupees only shall be considered for Allotment. An EligibleNRI can apply for Bonds offered in the Issue subject to the conditionsand restrictions contained in the Foreign Exchange Management(Borrowing or Lending in Rupees) Regulations, 2000,and other applicable statutory and/or regulatory requirementsincluding the interest rate requirement as provided in the CBDTNotification. Allotment of Bonds to Eligible NRIs shall be subjectto the Application Amounts paid by the NRI as described below:1. In case of Eligible NRIs applying on repatriation basis: If theApplication Amounts are received either by inward remittanceof freely convertible foreign exchange through normal bankingchannels i.e. through rupee denominated demand drafts/cheques drawn on a bank in India or by transfer of funds heldin the investor’s rupee denominated accounts i.e. Non ResidentExternal (“NRE”) / Foreign Currency Non Resident(“FCNR”) Account/ any other permissible account in terms ofapplicable law, maintained with an RBI authorised dealer or aRBI authorised bank in India.2. In case of Eligible NRIs applying on non-repatriation basis: Ifthe Application Amounts are received either by inward remittanceof freely convertible foreign exchange through normalbanking channels i.e. through rupee denominated demanddrafts/ cheques drawn on a bank in India or by transfer offunds held in the investor’s rupee denominated accounts i.e..Non-resident Ordinary (“NRO”) account/ NRE account/ FCNRAccount/ Non Resident Special Rupee (“NRSR”) Account/any other permissible account in terms of applicable law, maintainedwith an RBI authorised dealer or a RBI authorised bankin India.Applications by Eligible NRIs (applying on a repatriation basis)should be accompanied by (i) a bank certificate confirming thatthe demand draft in lieu of the Application Money has been drawnon an NRE account; and (ii) if such Eligible NRI is a Person ofIndian Origin (“PIO”), a PIO card.^The Issuer does not make any representations and does notguarantee eligibility of any foreign investor, including, inter alia,FIIs, Eligible NRIs and Eligible QFIs for investment into theIssue either on a repatriation basis or on a non-repatriation basis.All foreign Investors have to verify their eligibility and ensurecompliance with all relevant and applicable notifications bythe RBI and extant guidelines as well as all relevant and applicableguidelines, notifications and circulars by SEBI pertainingto their eligibility to invest in the Bonds at the stage of investmentin this Issue, at the time of remittance of their investmentproceeds as well as at the time of disposal of the Bonds. TheIssuer will not check or confirm eligibility of such investmentsin the Issue.Issue and Allotment of Bonds to NRI ApplicantsOur Company confirms that:i. the rate of interest on each series of Bonds does not exceedthe prime lending rate of the State Bank of India as on the dateon which the resolution approving the Issue was passed byour Board, plus 300 basis points;ii.the period for redemption of each Series of Bonds will not beless than 3 years;iii. we do not and shall not carry on agricultural /plantation /realestate business/ trading in Transferable Development Rightsand does not and shall not act as Nidhi or Chit Fund Company;iv. We will file the following with the nearest office of the ReserveBank, not later than 30 days from the date:(a) of receipt of remittance of consideration received from EligibleNRIs in connection with the Issue, full details of theremittances received, namely:(i) a list containing names and addresses of each NRIApplicant who have remitted funds for investment inthe Bonds on non-repatriation basis and repatriationbasis;(ii) amount and date of receipt of remittance and its rupeeequivalent; and(iii) names and addresses of Authorised Dealers throughwhom the remittance has been received; Please notethat Application Amounts for the Bonds has to be paidin cheques or demand drafts only, in Rupee denominatedcurrency only; and(b) of closure of the Issue, full details of the monies receivedfrom NRI Applicants, namely:(i) a list containing names and addresses of each NRIallottee and number of Bonds issued to each of themon non-repatriation basis and repatriation basis, and(ii) a certificate from our Compliance Officer that all provisionsof the FEMA, and rules and regulations madethereunder in connection with the issue of the Bondshave been duly complied with.We further confirm that the monies received from FIIs and EligibleNRIs who are Allotted Bonds pursuant to the Issue, will not beutilised for any investment, whether by way of capital or otherwise,in any company or partnership firm or proprietorship concernor any entity, whether incorporated or not, or for the purposeof re-lending. For further details, including details of utilization offunds, see the section titled “Objects of the Issue” on page 28 ofthe Prospectus Tranche -1.11. Applications by Eligible QFIsPursuant to a circular dated July 16, 2012, the RBI has permittedEligible QFIs to invest in “to be listed” corporate bonds of Indiancompanies directly from the Issuer, through QFIs DP on a repatriationbasis subject to certain terms and conditions. Furthermore,in terms of the SEBI circular dated July 18, 2012 EligibleQFIs have been permitted to invest in corporate bonds of Indiancompanies, which are offered to the public in India in accordance
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”with the Companies Act, provided that, listing is committed to bedone within 15 days from such investment.Eligible QFIs are permitted to invest in corporate debt securities(without lock-in or residual maturity clauses) and mutual fundschemes up to an overall limit of USD 1 billion, over and above theFII limits for investment in corporate debt. These limits are modifiedand allocated in the manner specified in terms of the SEBIcircular dated July 18, 2012.Eligible QFIs shall open a single non interest bearing Rupee accountwith an AD category-I bank in India for routing the paymentfor transactions relating to purchase and sale of corporatedebt instruments (including investment in equity shares in publicissues) subject to the conditions as may be prescribed by the RBIfrom time to time. This account shall be funded by inward remittancethrough normal banking channels in any permitted currency(freely convertible) and shall be operated by the QFIs DP.Further, Eligible QFIs are required to open a single demat accountwith a QFIs DP for investment in eligible corporate debt instruments.Eligible QFIs who wish to participate in the Issue are required tosubmit the Application Form meant for Non-Residents in the Issue.Eligible QFIs are not permitted to issue off-shore derivativeinstruments or participatory notes.^The Issuer does not make any representations and does notguarantee eligibility of any foreign investor, including, inter alia,FIIs, Eligible NRIs and Eligible QFIs for investment into theIssue either on a repatriation basis or on a non-repatriation basis.All foreign Investors have to verify their eligibility and ensurecompliance with all relevant and applicable notifications bythe RBI and extant guidelines as well as all relevant and applicableguidelines, notifications and circulars by SEBI pertainingto their eligibility to invest in the Bonds at the stage of investmentin this Issue, at the time of remittance of their investmentproceeds as well as at the time of disposal of the Bonds. TheIssuer will not check or confirm eligibility of such investmentsin the Issue.12. Applications by Mutual FundsA mutual fund scheme cannot invest more than 15.00% of its NAVin debt instruments issued by a single company which are ratednot below investment grade by a credit rating agency authorisedto carry out such activity. Such investment limit may be extendedto 20.00% of the NAV of the scheme with the prior approval of theboard of trustees and the board of asset management company.A separate Application can be made in respect of each scheme ofan Indian mutual fund registered with SEBI and such Applicationsshall not be treated as multiple Applications. Applicationsmade by the AMCs or custodians of a Mutual Fund shall clearlyindicate the name of the concerned scheme for which the Applicationis being made. An Applications Forms by a mutual fund registeredwith SEBI for Allotment of the Bonds in physical formmust be also accompanied by certified true copies of (i) its SEBIregistration certificates (ii) the trust deed in respect of such mutualfund (ii) a resolution authorising investment and containingoperating instructions and (iii) specimen signatures of authorizedsignatories. Failing this, our Company reserves the right to acceptor reject any Application from a Mutual Fund for Allotmentof the Bonds in physical form in whole or in part, in either case,without assigning any reason therefor.13. Application by Scheduled Commercial BanksScheduled Commercial Banks can apply in this Issue based upontheir own investment limits and approvals. Applications by themfor Allotment of the Bonds in physical form must be accompaniedby certified true copies of (i) a board resolution authorising investments;and (ii) a letter of authorisation. Failing this, our Companyreserves the right to accept or reject any Application forAllotment of the Bonds in physical form in whole or in part, ineither case, without assigning any reason therefor.14. Application by Insurance Companies registered with the IRDAIn case of Applications for Allotment of the Bonds in physicalform made by an insurance company registered with the IRDA, acertified copy of its certificate of registration issued by IRDAmust be lodged along with Application Form. The Applicationsmust be accompanied by certified copies of (i) its Memorandumand Articles of Association; (ii) a power of attorney (iii) a resolutionauthorising investment and containing operating instructions;and (iv) specimen signatures of authorized signatories.Failing this, our Company reserves the right to accept or rejectany Application for Allotment of the Bonds in physical form inwhole or in part, in either case, without assigning any reasontherefor.15. Applications by Alternative Investments FundsApplications made by an Alternative Investments Fund eligibleto invest in accordance with the Securities and Exchange Boardof India (Alternate Investment Funds) Regulations, 2012, for Allotmentof the Bonds in physical form must be accompanied bycertified true copies of: (i) the SEBI registration certificate of suchAlternative Investment Fund; (i) a resolution authorising the investmentand containing operating instructions; and (ii) specimensignatures of authorised persons. Failing this, our Companyreserves the right to accept or reject any Applications for Allotmentof the Bonds in whole or in part, in either case, withoutassigning any reason thereof. Alternative Investment Fundsapplying for Allotment of the Bonds shall at all time comply withthe conditions for categories as per their SEBI registration certificateand the Securities and Exchange Board of India (AlternateInvestment Funds) Regulations, 2012.16. Applications by Public Financial Institutions authorized toinvest in the BondsApplications by Public Financial Institutions for Allotment of theBonds in physical form must be accompanied by certified truecopies of (i) any Act/rules under which such Applicant is incorporated;(ii) a resolution of the board of directors of such Applicantauthorising investments; and (iii) specimen signature of authorizedpersons of such Applicant. Failing this, our Companyreserves the right to accept or reject any Applications for Allotmentof the Bonds in physical form in whole or in part, in eithercase, without assigning any reason therefor.17. Applications made by companies, Limited Liability Partnershipsand bodies corporate registered under applicable lawsin IndiaApplications made by companies, Limited Liability Partnershipsand bodies corporate for Allotment of the Bonds in physical formmust be accompanied by certified true copies of: (i) any Act/rulesunder which such Applicant is incorporated; (ii) a resolution ofthe board of directors of such Applicant authorising investments;and (iii) specimen signature of authorized persons of such Applicant.Failing this, our Company reserves the right to accept orreject any Applications for Allotment of the Bonds in physicalform in whole or in part, in either case, without assigning anyreason therefor.18. Applications under a power of attorneyIn case of Applications made pursuant to a power of attorney byApplicants from Category I and Category II, a certified copy ofthe power of attorney or the relevant resolution or authority, asthe case may be, along with a certified copy of the memorandumof association and articles of association and/or bye laws must be<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>13
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”lodged along with the Application Form. Failing this, our Companyreserves the right to accept or reject any Application inwhole or in part, in either case, without assigning any reasontherefor.In case of Applications made pursuant to a power of attorney byApplicants from Category III and Category IV, a certified copy ofthe power of attorney must be lodged along with the ApplicationForm.In case of ASBA Applications made pursuant to a power of attorney,a certified copy of the power of attorney must be lodgedalong with the Application Form. Failing this, our Company, inconsultation with the Lead Manager, reserves the right to rejectsuch Applications.Our Company, in its absolute discretion, reserves the right to relaxthe above condition of attaching the power of attorney alongwith the Application Forms subject to such terms and conditionsthat our Company and the Lead Managers may deem fit.19. Applications by provident funds and pension funds which areauthorized to invest in the BondsApplications by provident funds and pension funds which areauthorised to invest in the Bonds, for Allotment of the Bonds inphysical form must be accompanied by certified true copies of: (i)any Act/rules under which they are incorporated; (ii) a power ofattorney, if any, in favour of one or more trustees thereof, (iii) aboard resolution authorising investments; (iii) such other documentsevidencing registration thereof under applicable statutory/regulatory requirements; (iv) specimen signature of authorizedperson; (v) a certified copy of the registered instrument for creationof such fund/trust; and (vi) any tax exemption certificateissued by Income Tax authorities. Failing this, our Company reservesthe right to accept or reject any Applications for Allotmentof the Bonds in physical form in whole or in part, in either case,without assigning any reason therefor.20. Applications by National Investment FundApplication made by National Invest Fund for Allotment of theBonds in physical form must be accompanied by certified truecopies of: (i) a resolution authorising investment and containingoperating instructions; and (ii) specimen signatures of authorizedpersons. Failing this, our Company reserves the right to accept orreject any Applications for Allotment of the Bonds in physicalform in whole or in part, in either case, without assigning anyreason therefor.21. Application by Commercial Banks, co-operative banks andRegional Rural BanksCommercial Banks, co-operative banks and Regional Rural Bankscan apply in the Issue based upon their own investment limitsand approvals. The application must be accompanied by certifiedtrue copies of (i) Board resolutions authorising investments; and(ii) letters of authorisation. Failing this, our Company reserves theright to accept or reject any Application in whole or in part, ineither case, without assigning any reason thereof.22. Applications by TrustsApplications made by a trust, settled under the Indian Trusts Act,1882, or any other statutory and/or regulatory provision governingthe settlement of trusts in India, must be accompanied by a (i)certified true copy of the registered instrument for creation ofsuch trust, (ii) power of attorney, if any, in favour of one or moretrustees thereof; and (iii) such other documents evidencing registrationthereof under applicable statutory/regulatory requirements.Failing this, our Company reserves the right to accept or rejectany Applications in whole or in part, in either case, without assigningany reason therefor.Further, any trusts applying for Bonds must ensure that (a) theyare authorised under applicable statutory/regulatory requirementsand their constitution instrument to hold and invest in bonds, (b)they have obtained all necessary approvals, consents or otherauthorisations, which may be required under applicable statutoryand/or regulatory requirements to invest in bonds, and (c) applicationsmade by them do not exceed the investment limits ormaximum number of Bonds that can be held by them under applicablestatutory and or regulatory provisions.INSTRUCTIONS FOR COMPLETING THE APPLICATIONFORM23. General InstructionsDo’s• Check if you are eligible to apply;• Read all the instructions carefully and complete the ApplicationForm;• If the Allotment of the Bonds is sought in dematerialized form,ensure that the details about Depository Participant and beneficiaryaccount are correct and the beneficiary account isactive;• Applications are required to be in single or joint names (notmore than three);• In case of an HUF applying through its Karta, the Applicant isrequired to specify the name of an Applicant in the ApplicationForm as ‘XYZ Hindu Undivided Family applying throughPQR’, where PQR is the name of the Karta;• Ensure that Applications are submitted to the Members of theSyndicate, Trading Members or the Designated Branches ofthe SCSBs, as the case may be, before the closure of applicationhours on the Issue Closing Date;• Ensure that the Application Forms (for non-ASBA Applicants)are submitted at the collection centres provided in the ApplicationForms, bearing the stamp of a Member of the Syndicateor a Trading Members, as the case may be;• Ensure that the Applicant’s names (for Applications for theBonds in dematerialised form) given in the Application Formis exactly the same as the names in which the beneficiary accountis held with the Depository Participant. In case the ApplicationForm is submitted in joint names, ensure that thebeneficiary account is also held in same joint names and suchnames are in the same sequence in which they appear in theApplication Form;• Ensure that you have funds equal to or more than the ApplicationAmount in your ASBA Account before submitting theApplication Form for ASBA Applications;• Ensure that you mention your PAN in the Application Form.In case of joint applicants, the PAN of all the Applicants shouldbe provided, and for HUFs, PAN of the HUF should be provided.Any Application Form without the PAN is liable to berejected. In case of Applications for Allotment in physical form,Applicants should submit a self-certified copy of their PANcard as part of the KYC documents. Applicants should notsubmit the GIR Number instead of the PAN as the Applicationis liable to be rejected on this ground;• Ensure that the Demographic Details (for Applications for theBonds in dematerialised form) as provided in the ApplicationForm are updated, true and correct in all respects;• Ensure that you request for and receive a TRS for all yourApplications and an acknowledgement as a proof of havingbeen accepted;• Ensure that you have obtained all necessary approvals from14 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”the relevant statutory and/or regulatory authorities to applyfor, subscribe to and/or seek Allotment of the Bonds;• Ensure that signatures other than in the languages specifiedin the Eighth Schedule to the Constitution of India is attestedby a Magistrate or a Notary Public or a Special ExecutiveMagistrate under official seal;• Applicants (other than ASBA Applicants) are requested towrite their names and Application number on the reverse ofthe instruments by which the payments are made;• All Applicants are requested to tick the relevant column “Categoryof Investor” in the Application Form; and• Tick the Series of Bonds in the Application Form that youwish to apply for.Don’ts• Do not apply for lower than the minimum Application size;• Do not pay the Application amount in cash, by money order,postal order, stock invest;• Do not send the Application Forms by post; instead submitthe same to the Members of the Syndicate and Trading Membersor the SCSBs (as the case may be) only;• Do not submit Application Forms to the Escrow CollectionBanks (unless such Escrow Collection Bank is also an SCSB);• Do not submit the GIR number instead of the PAN as theApplication is liable to be rejected on this ground;• Do not submit incorrect details of the DP ID, Client ID andPAN or provide details for a beneficiary account which is suspendedor for which details cannot be verified by the Registrar;• Do not fill up the Application Form such that the Bonds appliedfor exceeds the Issue size and/or investment limit or maximumnumber of Bonds that can be held under the applicablelaws or regulations or maximum amount permissible under theapplicable regulations;• Do not submit Applications on plain paper or on incompleteor illegible Application Forms;• Do not submit an Application in case you are not eligible toacquire the Bonds under applicable law or your relevant constitutionaldocuments or otherwise;• Do not submit the Application Forms without the ApplicationAmount; and• Do not apply if you are not competent to contract under theIndian Contract Act, 1872.24. Additional instructions specific for ASBA ApplicantsDo’s• Before submitting the physical Application Form with theMember of the Syndicate at the Syndicate ASBA ApplicationLocations ensure that the SCSB, whose name has been filledin the Application Form, has named a branch in that centre;• For ASBA Applicants applying through Syndicate ASBA,ensure that your Application Form is submitted to the Membersof the Syndicate at the Syndicate ASBA Application Locationsand not to the Escrow Collection Banks (assumingthat such bank is not a SCSB), to our Company, the Registraror Trading Members;• For ASBA Applicants applying through the SCSBs, ensurethat your Application Form is submitted at a Designated Branchof the SCSB where the ASBA Account is maintained, and notto the Escrow Collection Banks (assuming that such bank isnot a SCSB), to our Company, the Registrar or the Members ofthe Syndicate or Trading Members.• Ensure that the Application Form is signed by the ASBA Accountholder in case the ASBA Applicant is not the accountholder;• Ensure that you have mentioned the correct ASBA Accountnumber in the Application Form;• Ensure that you have funds equal to the Application Amountin the ASBA Account before submitting the Application Formto the respective Designated Branch, or to the Members ofthe Syndicate at the Syndicate ASBA Application Locations,or to the Trading Members, as the case may be;• Ensure that you have correctly ticked, provided or checkedthe authorisation box in the Application Form, or have otherwiseprovided an authorisation to the SCSB via the electronicmode, for the Designated Branch to block funds in the ASBAAccount equivalent to the Application Amount mentioned inthe Application Form; and• Ensure that you receive an acknowledgement from the DesignatedBranch or the concerned member of the Syndicate, orthe Trading Member, as the case may be, for the submissionof the Application Form.Don’ts• Do not make payment of the Application Amounts in any modeother than through blocking of the Application Amounts inthe ASBA Accounts shall not be accepted under the ASBAprocess;• Do not submit the Application Form with a Member of theSyndicate at a location other than the Syndicate ASBA ApplicationLocations;• Do not send your physical Application Form by post. Insteadsubmit the same with a Designated Branch or a member of theSyndicate at the Syndicate ASBA Application Locations, or aTrading Member, as the case may be; and• Do not submit more than five Application Forms per ASBAAccount.Applications shall be accepted only between 10.00 a.m. and 5.00p.m. (Indian Standard Time), or such extended time as may bepermitted by the relevant Stock Exchange(s)during the Issue Periodon all days between Monday and Friday, both inclusive barringpublic holidays, at the Collection Centres or with the Membersof the Syndicate or Trading Members at the Syndicate ASBAApplication Locations and the Designated Branches of SCSBs asmentioned on the Application Form. On the Issue Closing Date,Applications shall be accepted only between 10.00 a.m. and 3.00p.m. and shall be uploaded until 5.00 p.m. or such extended time asmay be permitted by the relevant Stock Exchange(s). It is clarifiedthat the Applications not uploaded in the electronic applicationsystem of the relevant Stock Exchange(s) would be rejected.Due to limitation of time available for uploading the Applicationson the Issue Closing Date, Applicants are advised to submit theirApplications one day prior to the Issue Closing Date and, in anycase, no later than 3.00 p.m. on the Issue Closing Date. All timesmentioned in the Prospectus are Indian Standard Times. Applicantsare cautioned that in the event a large number of Applicationsare received on the Issue Closing Date, some Applicationsmay not get uploaded due to lack of sufficient time. Such Applicationsthat cannot be uploaded will not be considered for allocationunder the Issue. Applications will be accepted only on BusinessDays, i.e., Monday to Friday (excluding any public holiday).Neither our Company, nor the Lead Managers, Consortium Membersor Trading Members are liable for any failure in uploadingthe Applications due to failure in any software/hardware systemor otherwise.<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>15
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”25. Additional instructions specific for Applicants seeking Allotmentof the Bonds in physical formAny Applicant (other than an Eligible QFI) who wishes to subscribeto the Bonds in physical form shall undertake the followingsteps:• Please complete the Application Form in all respects, by providingall the information including PAN and DemographicDetails. However, do not provide the Depository Participantdetails in the Application Form. The requirement for providingDepository Participant details shall be mandatory only forthe Applicants who wish to subscribe to the Bonds indematerialised form.• If you are a resident Applicant, please provide the followingdocuments along with the Application Form:(a) Self-attested copy of the PAN card;(b) Self-attested copy of your proof of residence. Any of thefollowing documents shall be considered as a verifiableproof of residence:• ration card issued by the GoI; or• valid driving license issued by any transport authority of theRepublic of India; or• electricity bill (not older than three months); or• landline telephone bill (not older than three months); or• valid passport issued by the GoI; or• voter’s identity card issued by the GoI; or• passbook or latest bank statement issued by a bank operatingin India; or• registered leave and license agreement or agreement for saleor rent agreement or flat maintenance bill; or• AADHAR letter.(c) Self-attested copy of a cancelled cheque of the bank accountto which the amounts pertaining to payment of refunds,interest and redemption, as applicable, should becredited.In absence of the cancelled cheque, our Company may rejectthe Application or it may consider the bank details as given onthe Application Form at its sole discretion. In such case theCompany, Lead Managers and Registrar shall not be liable forany delays/ errors in payment of refund and/ or interest.• If you are a non-resident Applicant, please provide the followingdocuments along with the Application Form:a. Self-attested copy of the PAN card;b. SEBI registration certificate (for FIIs);c. An inward remittance certificate;d. A resolution authorizing investment in the Bonds;e. Specimen signatures of authorized persons;f. A certificate from the issuing bank confirming that the demanddraft has been drawn on an NRE/ NRO/ FCNR/ NRSRaccount (for Eligible NRIs);g. A PIO Card (for Eligible NRI Applicants who are PIOs);h. Self-attested copy of your proof of residence. Any of thefollowing documents shall be considered as a verifiableproof of residence:• ration card issued by the GoI; or• valid driving license issued by any transport authority of theRepublic of India; or• electricity bill (not older than three months); or• landline telephone bill (not older than three months); or• valid passport issued by the GoI; or• voter’s identity card issued by the GoI; or• passbook or latest bank statement issued by a bank operatingin India; or• registered leave and license agreement or agreement for saleor rent agreement or flat maintenance bill; or• AADHAR letter.i. Self-attested copy of a cancelled cheque of the bank accountto which the amounts pertaining to payment of refunds,interest and redemption, as applicable, should becredited.The Applicant shall be responsible for providing the above informationaccurately. Delays or failure in credit of the payments dueto inaccurate details shall be at the sole risk of the Applicants andneither the Lead Managers nor our Company shall have any responsibilityand undertake any liability for the same. Applicationsfor Allotment of the Bonds in physical form, which are notaccompanied with the aforestated documents, may be rejected atthe sole discretion of our Company.In relation to the issuance of the Bonds in physical form, pleasenote the following:1. An Applicant has the option to seek Allotment of Bonds ineither dematerialised or physical mode. No partial Applicationfor the Bonds shall be permitted and is liable to be rejected.2. Eligible QFIs cannot apply for the Allotment of Bonds in physicalform.3. In case of Bonds that are being issued in physical form, ourCompany will issue one certificate to the holders of the Bondsfor the aggregate amount of the Bonds for each of the Seriesof Bonds that are applied for (each such certificate a “ConsolidatedBond Certificate”).4. Any Applicant who provides the Depository Participant detailsin the Application Form shall be Allotted the Bonds indematerialised form only. Such Applicant shall not be Allottedthe Bonds in physical form.5. Our Company shall dispatch the Consolidated Bond Certificateto the address of the Applicant provided in the ApplicationForm.All terms and conditions disclosed in relation to the Bonds heldin physical form pursuant to rematerialisation shall be applicablemutatis mutandis to the Bonds issued in physical form.26. Consolidated list of documents required for variouscategoriesFor the sake of simplicity we hereby provide the details of documentsrequired to be submitted by various categories of Applicants(who have applied for Allotment of the Bonds indematerialised form) while submitting the Application Form.For further details please refer to page 77 of the Prospectus Tranche - 1.PAYMENT INSTRUCTIONS27. Payment mechanism for ASBA ApplicantsAn ASBA Applicant shall specify details of the ASBA Account inthe Application Form and the relevant SCSB shall block an amountequivalent to the Application Amount in the ASBA Account specifiedin the Application Form. Upon receipt of intimation from theRegistrar, the SCSBs shall, on the Designated Date, transfer suchblocked amount from the ASBA Account to the Public Issue Accountin terms of the Escrow Agreement. The balance amountremaining after the finalisation of the Basis of Allotment shall beunblocked by the SCSBs on the basis of the instructions issuedin this regard by the Registrar to the respective SCSB within 12(twelve) Working Days of the Issue Closing Date. The ApplicationAmount shall remain blocked in the ASBA Account until16 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”transfer of the Application Amount to the Public Issue Account,or until withdrawal/ failure of the Issue or until rejection of theASBA Application, as the case may be.28. Payment mechanism for non ASBA ApplicantsWe shall open Escrow Accounts with one or more Escrow CollectionBanks in whose favour the Applicants (except for ASBAApplicants) shall draw cheques or demand drafts. All Applicantswould be required to pay the full Application Amount at the timeof the submission of the Application Form. Cheques or demanddrafts for the Application Amount received from Applicants wouldbe deposited by the Members of the Syndicate and Trading Members,as the case may be, in the Escrow Accounts.In terms of the FEMA Borrowing Regulations, monies borrowedin Indian rupees from persons resident outside India (as definedin FEMA) cannot be utilised for re-lending activities. Accordingly,we will open and maintain separate escrow accounts withthe Escrow Collection Banks in connection with all ApplicationAmounts received from FIIs, Eligible NRIs, Eligible QFIs and othernon resident Applicants across all Categories (the “Non ResidentEscrow Accounts”). All application Amounts received from FIIs,Eligible NRIs, Eligible QFIs and other non resident Applicantsacross all Categories shall be deposited in the Non Resident EscrowAccount, maintained with each Escrow Collection Bank. Uponreceipt of requisite instructions from the Lead Managers and theRegistrar in the manner detailed in the Escrow Agreement, theEscrow Collection Banks shall transfer the monies from the NonResident Escrow Accounts to a separate bank account, (“NonResident Public Issue Account”), which shall be different fromthe Public Issue Account. The Company shall at all times ensurethat any monies kept in the Non Resident Escrow Account andthe Non Resident Public Issue Account shall be utilised only inaccordance with applicable statutory and/or regulatory requirementsfor the following purposes:(a) Debt servicing, which includes servicing of both the principalamounts as well as interest payments of various debt facilitiesavailed by our Company in the past and currently outstandingin its books of accounts, including loans, market borrowings(which include our non-convertible bonds/ debentures);(b) Statutory payments;(c) Establishment and administrative expenses;(d) Other working capital requirements of our Company; and(e) Any other purposes and end-uses as may be allowed by RBIfrom time to time through relevant regulations/guidelines/clarificationsissued by RBI.Each Applicant (except for ASBA Applicants) shall draw a chequeor demand draft for the Application Amount as per the followingterms:a) The payment instruments from all resident Applicants shall bepayable into the Escrow Accounts drawn in favour of“HUDCO Tax Free Bonds 2013-14 – Escrow Account - R”.b) The payment instruments from FII, Eligible NRIs, Eligible QFIsand other non resident Applicants across all Categories on arepatriation basis shall be payable in the Non Resident EscrowAccounts drawn in favour of “HUDCO Tax Free Bonds2013-14 – Escrow Account – NR Repat”.c) The payment instruments from FII, Eligible NRIs, Eligible QFIsand other non resident Applicants across all Categories on anon-repatriation basis shall be payable in the Non ResidentEscrow Accounts drawn in favour of “HUDCO Tax FreeBonds 2013-14 – Escrow Account – NR Non-Repat”.d) Payments should be made by cheque, or a demand draft drawnon any bank (including a co-operative bank), which is situatedat, and is a member of or sub-member of the bankers’clearing house located at the centre where the ApplicationForm is submitted. Outstation cheques/bank drafts drawn onbanks not participating in the clearing process will not beaccepted and Applications accompanied by such cheques orbank drafts are liable to be rejected.e) The monies deposited in the Escrow Accounts will be held forthe benefit of the Applicants until the Designated Date.f) On the Designated Date, the Escrow Collection Banks shalltransfer the funds from the Escrow Accounts and the NonResident Escrow Accounts as per the terms of the EscrowAgreement, the Shelf Prospectus and the Prospectus Tranche– I into the Public Issue Accounts and the Non Resident PublicIssue Accounts, respectively. The Escrow Collection Bankshall also, upon receipt of instructions from the Lead Managersand the Registrar, transfer all amounts payable to Applicants,who have not been allotted Bonds to the Refund Accounts.Please note that Applications accompanied by ApplicationAmounts in cash/ stock invest/ money orders/ postal orders willnot be accepted.The Escrow Collection Banks will act in terms of the Shelf Prospectus,the Prospectus Tranche – I and the Escrow Agreement.The Escrow Collection Banks shall not exercise any lien whatsoeverover the monies deposited therein. It is mandatory for ourCompany to keep the proceeds of the Issue in an escrow accountuntil the documents for creation of security as stated in the ShelfProspectus are executed.29. Additional information for Applicants1. Application Forms submitted by Applicants (except for Applicantsapplying for the Bonds in physical form) whose beneficiaryaccounts are inactive shall be rejected.2. For ASBA Applicants, no separate receipts will be issued forthe money blocked on the submission of Application Form.However, the collection centre of the Members of the Syndicateor the SCSB or the Trading Member, as the case may be,will acknowledge the receipt of the Application Forms bystamping and returning to the Applicant the acknowledgementslip. This acknowledgement slip will serve as the duplicate ofthe Application Form for the records of the Applicant.3. Applications should be submitted on the Application Formonly. In the event that physical Application Forms do not bearthe stamp of the Members of the Syndicate/ Trading Memberor the relevant Designated Branch, they are liable to be rejected.Applicants are advised not to submit Application Forms to EscrowCollection Banks (unless such Escrow Collection Bank isalso an SCSB) and the same will be rejected in such cases andthe Applicants will not be entitled to any compensation whatsoever.SUBMISSION OF APPLICATION FORMSTo supplement the foregoing, the mode and manner of Applicationand submission of Application Forms is illustrated in thefollowing chart.Mode of Application * To whom the Application Form has to be submittedASBA Applications (i) to the Members of the Syndicate only at the Syndicate ASBAApplication Locations; or(ii) to the Designated Branches of the SCSBswhere the ASBA Account is maintained; or(iii) to Trading Membersonly at the Syndicate ASBA Application Locations.Non- ASBA Applications (i) to the Members of the Syndicate; or(ii) to Trading Members.• Please note that Eligible QFIs cannot make Applications forAllotment of the Bonds in physical form.<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>17
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”REJECTION OF APPLICATIONSThe Board of Directors and/or any committee of our Companyand/or the Chairman and Managing Director reserves its full, unqualifiedand absolute right to accept or reject any Application inwhole or in part and in either case without assigning any reasonthereof.Application may be rejected on one or more technical grounds,including but not restricted to:• Number of Bonds applied for being less than the minimumApplication size;• Applications not being signed by the sole/ joint Applicants;• Applications submitted without payment of the ApplicationAmount;• In case of partnership firms, the application forms submittedin the name of individual partners and/or accompanied by theindividual’s PAN rather than the PAN of the partnership firm;• Applications submitted without payment of the full ApplicationAmount. However, our Company may allot Bonds uptothe full value of the Application Amount paid, in the eventthat such Application Amounts exceed the minimum ApplicationSize as specified in the Prospectus Tranche – I;• In case of Applicants applying for Allotment in physical form,date of birth of the sole/ first Applicant not mentioned in theApplication Form;• Investor Category in the Application Form not being ticked;• In case of Applications for Allotment in physical form, bankaccount details not provided in the Application Form;• Signature of the Applicant missing;• Applications by persons not competent to contract under theIndian Contract Act, 1872 including a minor without the nameof a guardian;• Applications by stock invest or accompanied by cash/moneyorder/postal order;• Applications made without mentioning the PAN of the Applicant;• GIR number mentioned in the Application Form instead ofPAN;• Applications for amounts greater than the maximum permissibleamounts prescribed by applicable regulations;• Applications by persons/entities who have been debarred fromaccessing the capital markets by SEBI;• Applications submitted directly to the Escrow CollectionBanks (if such Escrow Collection Bank is not an SCSB);• ASBA Applications submitted to the Members of Syndicateor a Trading Members at locations other than the SyndicateASBA Application Locations or at a Designated Branch of aSCSB where the ASBA Account is not maintained, and ASBAApplications submitted directly to an Escrow Collecting Bank(assuming that such bank is not a SCSB), to our Company orthe Registrar to the Issue;• For Applications for Allotment in dematerialised form, DP ID,Client ID and PAN mentioned in the Application Form do notmatch with the Depository Participant ID, Client ID and PANavailable in the records with the depositories;• In case of Applicants applying for the Bonds in physical form,if the address of the Applicant is not provided in the ApplicationForm;• Copy of KYC documents not provided in case of option tohold Bonds in physical form;• Application Forms from ASBA Applicants not being signedby the ASBA Account holder, if the account holder is differentfrom the Applicant;• Applications for an amount below the minimum Applicationsize;• ASBA Applications not having details of the ASBA Accountto be blocked;• Applications (except for ASBA Applications) where clearfunds are not available in Escrow Accounts as per final certificatesfrom Escrow Collection Banks;• Applications by persons prohibited from buying, selling ordealing in shares, directly or indirectly, by SEBI or any otherregulatory authority;• Applications by Applicants seeking Allotment indematerialised form whose demat accounts have been ‘suspendedfor credit’ pursuant to the circular issued by SEBI onJuly 29, 2010 bearing number CIR/MRD/DP/22/2010;• Non- ASBA Applications accompanied by more than one paymentinstrument;• Applications not uploaded on the terminals of the relevantStock Exchange(s);• Applications for Allotment of Bonds in dematerialised formproviding an inoperative demat account number;• Applications by Eligible QFIs for Allotment of Bonds in physicalform;• In case of Applications under power of attorney or by limitedcompanies, corporate, trust etc., relevant documents are notsubmitted along with the Application Form;• With respect to ASBA Applications, the ASBA Account nothaving credit balance to meet the Application Amounts or noconfirmation is received from the SCSB for blocking of funds;• Applications non-resident Investors, including FIIs, EligibleNRIs, Eligible QFIs, who are (i) based in the USA, and/or, (ii)domiciled in the USA, and/or, (iii) residents/citizens of theUSA, and/or, (iv) subject to any taxation laws of the USA;• In case of Eligible NRIs applying on non repatriation basis if:(i) in case of application for allotment in physical form, theaccount number mentioned in the application form where thesale proceeds/ maturity proceeds/ interest on Bonds is to becredited is a repatriable account; or (ii) in case of applicationfor allotment in demat form, the status of the demat accountmentioned is repatriable;• In case of Eligible NRIs applying on repatriation basis, if theApplication Amount is received from an account other thanan NRE/ FCNR/ any other permissible account in accordancewith applicable law, with an RBI authorised dealer or a RBIauthorised bank in India.• In case of Eligible NRIs applying on non- repatriation basis, ifthe Application Amount is received from an account otherthan Non-resident Ordinary (NRO)/ Non Resident External(NRE) account/ any other permissible account in accordancewith applicable law, maintained with an RBI authorised dealeror a RBI authorised bank in India.• Bank certificate not provided along with demand draft for EligibleNRI Applicants;• PIO Applications without the PIO Card;• SCSBs making an ASBA Application (a) through an ASBAAccount maintained with its own self or (b) through an ASBAaccount maintained through a different SCSB not in its ownname, or (c) through an ASBA Account maintained through adifferent SCSB in its own name, which ASBA Account is notutilised for the purpose of applying in public issues;18 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”• Where PAN details in the Application Form and as enteredinto the bidding platform of the relevant Stock Exchange(s),are not as per the records of the Depositories; and• In case of Applicants applying for the Bonds in physical form,if the address of the Applicant is not provided in the ApplicationForm.For further instructions regarding Application for the Bonds,Applicants are requested to read the Application Form.TERMS OF THE ISSUEThe Bonds being offered as part of the Issue are subject to theprovisions of the SEBI Debt Regulations, applicable regulationsof the NHB, the Companies Act, the Income Tax Act, the CBDTNotification, the terms Shelf Prospectus, the Prospectus Tranche-I, the Application Form, the terms and conditions of the debenturetrustee agreement and the Debenture Trust Deed, and otherapplicable statutory and/or regulatory requirements includingthose issued from time to time by SEBI, the GoI, and other statutory/regulatoryauthorities relating to the offer, issue and listingof securities and any other documents that may be executed inconnection with the Bonds.30. Authority for the IssueThe CBDT has, by the CBDT Notification, authorised our Companyto raise the Bonds aggregating to ` 5,000.00 crores out ofwhich our Company has already raised an amount of ` 190.80crores on a private placement basis through a disclosure documentdated August 30, 2013 and a resolution of the ResourceCommittee (sub-committee of the Board) on September 2, 2013.Our Company proposes to raise the balance amount of ` 4,809.20crores * through a public issue of the Bonds in one or more tranchesprior to March 31, 2014.*In terms of the CBDT Notification, in addition to the tranche(s)of public issue, our Company may also raise Bonds on a privateplacement basis in one or more tranches during the process ofthe present Issue, not exceeding ` 1,500 crores, i.e. upto 30% ofthe allocated limit for raising funds through the Bonds duringthe Fiscal 2014, at its discretion, wherein suitable amountsshall be earmarked for subscription by Sovereign Wealth Funds,Pension and Gratuity Funds. Our Company shall ensure thatBonds issued through the public issue route and private placementroute shall together not exceed ` 4,809.20 crores. In caseour Company raises funds through private placements duringthe process of the present Issue, the Shelf Limit for the Issueshall get reduced by such amount raised.31. Issue and status of BondsPublic issue of tax free bonds of face value of ` 1,000 each in thenature of secured, redeemable, non-convertible debentures, havingbenefits under section 10(15) (iv) (h) of the Income Tax Act,aggregating to ` 750 crores, with an option of retaining oversubscriptionupto the Shelf Limit of ` 4809.20 crores * in one or moretranches in Fiscal 2014.*In terms of the CBDT Notification, in addition to the tranche(s)of public issue, our Company may also raise Bonds on a privateplacement basis in one or more tranches during the process ofthe present Issue, not exceeding ` 1,500 crores, i.e. upto 30% ofthe allocated limit for raising funds through the Bonds duringthe Fiscal 2014, at its discretion, wherein suitable amountsshall be earmarked for subscription by Sovereign Wealth Funds,Pension and Gratuity Funds. Our Company shall ensure thatBonds issued through the public issue route and private placementroute shall together not exceed ` 4,809.20 crores. In caseour Company raises funds through private placements duringthe process of the present Issue, the Shelf Limit for the Issueshall get reduced by such amount raised.The Bonds shall be secured pursuant to a Debenture Trust Deedand underlying security documents. The Bondholders are entitledto the benefit of the Debenture Trust Deed and are boundby and are deemed to have notice of all the provisions of theDebenture Trust Deed.The Bonds are proposed to be secured by a floating first paripassucharge on present and future receivables of our Companyto the extent of amount mobilized under the Issue. Our Companyreserves the right to create first pari-passu charge on present andfuture receivables for its present and future financial requirements.The claims of the Bond holders shall be superior to the claims ofany unsecured creditors, subject to applicable statutory and/orregulatory requirements.32. Face valueThe face value of each Bond is ` 1,000.33. SecurityThe Bonds proposed to be issued are secured by a floating firstpari-passu charge on present and future receivables of our Companyto the extent of amount mobilized under the Issue. Our Companyreserves the right to create first pari-passu charge on presentand future receivables for its present and future financial requirements.34. Credit RatingCARE has assigned a rating of ‘CARE AA+’ to the Bonds videletter dated September 9, 2013. India Ratings and Research PrivateLimited (formerly Fitch Ratings India Private. Limited)(“IRRPL”) has assigned a rating of ‘IND AA+’ to the Bonds videletter dated September 6, 2013. Instruments with this rating areconsidered to have high degree of safety regarding timely servicingof financial obligations. Such instruments carry very low creditrisk. For the rationale for this rating, see Annexure B of the ShelfProspectus. This rating is not a recommendation to buy, sell orhold securities and investors should take their own decision. Thisrating is subject to revision or withdrawal at any time by theassigning rating agency(ies) and should be evaluated independentlyof any other ratings.35. Period of SubscriptionThe Issue shall remain open for the period mentioned below:ISSUE OPENS ON SEPTEMBER 17, 2013ISSUE CLOSES ON OCTOBER 14, 2013The Issue shall remain open for subscription from 10:00 a.m. till5:00 PM (Indian Standard Time) for the period mentioned above,with an option for early closure or extension by such period asmay be decided by the Board of Directors or a duly constitutedcommittee thereof, or the Chairman and Managing Director. In theevent of such early closure or extension of the subscription list ofthe Issue, our Company shall ensure that public notice of suchearly closure is published on or before the day of such early dateof closure through advertisement/s in at least one leading nationaldaily newspaper.36. Application AmountThe Bonds are being issued at par and full amount of face valueper Bond is payable on application. Eligible Applicants can applyfor any amount of the Bonds subject to a minimum Applicationsize, as specified in the Prospectus Tranche-I across any of theSeries(s) or a combination thereof. The Applicants will be allottedthe Bonds in accordance with the Basis of Allotment.37. Escrow MechanismThrough various available modes as detailed in the section titled<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>19
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”“Issue Procedure – Payment Instructions” on page 68 of the ProspectusTranche – I.38. Basis of Allotment(a) Allotment on date-priorityBy virtue of its letter (bearing no. IMD/DOF-1/BM/VA/OW/22411/2013) dated September 4, 2013, SEBI has granted us anexemption from the requirements of paragraph 3.2.3 of the DebtApplication Circular (which requires allotments in a publicissue of debt securities to be carried out on a “date-time priority”basis) and allowed us to effect Allotments of Bonds inthis Issue on the basis of the date of upload of Applicationson the electronic Application platform of the relevant StockExchange(s). Accordingly, Allotments of Bonds in this Issuewill be on a first come-first serve basis, on the basis of the dateof upload of Applications on the electronic Application platformof the relevant Stock Exchange(s).(b) Allotments in the first instance:i. Applicants belonging to the Category I, in the first instance,will be allocated Bonds upto 10% of the Overall Issue Size onfirst come first serve basis (determined on the basis of date ofupload of the Applications on the electronic Application platformof the relevant Stock Exchange(s));ii.Applicants belonging to the Category II, in the first instance,will be allocated Bonds upto 20% of Overall Issue Size on firstcome first serve basis (determined on the basis of date ofupload of the Applications on the electronic Application platformof the relevant Stock Exchange(s));iii. Applicants belonging to the Category III, in the first instance,will be allocated Bonds upto 30% of Overall Issue Size on firstcome first serve basis (determined on the basis of date ofupload of the Applications on the electronic Application platformof the relevant Stock Exchange(s));iv. Applicants belonging to the Category IV, in the first instance,will be allocated Bonds upto 40% of Overall Issue Size on firstcome first serve basis (determined on the basis of date ofupload of the Applications on the electronic Application platformof the relevant Stock Exchange(s)).(c) Under subscriptionIf there is any under subscription in any Portion, priority inAllotments will be given in the following order:i. Category IV Portion;ii. Category III Portion;iii. Category II Portion; andiv. Category I Portion.(d) For all Portions, all Applications uploaded on the same day onthe electronic Application platform of the relevant StockExchange(s) would be treated at par with each other.(e) Minimum allotments of one Bond would be made in case ofeach valid Application.(f) Allotments in case of oversubscription:In case of an oversubscription in any of the Portions, Allotmentsto the maximum extent, as possible, will be made on afirst-come first-serve basis and thereafter on proportionatebasis, i.e. full Allotment of Bonds to the Applicants on a firstcome first basis up to the date falling 1 (one) day prior to thedate of oversubscription and proportionate allotment of Bondsto the Applicants on the date of oversubscription (determinedon the basis of date of upload of the Applications on theelectronic Application platform of the relevant StockExchange(s), in each Portion). The method of proportionateallotment is as described below:20 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>i. Allotments to the applicants shall be made in proportion totheir respective Application size, rounded off to the nearestinteger,ii.If the process of rounding off to the nearest integer results inthe actual allocation of Bonds being higher than the Issuesize, not all applicants will be allotted the number of Bondsarrived at after such rounding off. Rather, each Applicant whoseAllotment size, prior to rounding off, had the highest decimalpoint would be given preference;iii. In the event, there are more than one Applicant whose entitlementremains equal after the manner of distribution referred toabove, our Company will ensure that the basis of allotment isfinalised by draw of lots in a fair and equitable manner.(g) Applicants applying for more than one Series of Bonds:If an Applicant has applied for more than one Series of Bonds,and in case such Applicant is entitled to allocation of only apart of the aggregate number of Bonds applied for, the Serieswiseallocation of Bonds to such Applicants shall be in proportionto the number of Bonds with respect to each Series,applied for by such Applicant, subject to rounding off to thenearest integer, as appropriate, in consultation with the LeadManagers and the Stock Exchanges.All decisions pertaining to the basis of allotment of Bonds pursuantto the Issue shall be taken by our Company in consultationwith the Lead Managers, and the Designated Stock Exchange andin compliance with the aforementioned provisions of the ProspectusTranche – I. Our Company would allot Tranche – I Series1 A/ Tranche – I Series 1B Bonds (depending upon the categoryof Applicants) to all valid Applications, wherein the Applicantshave not indicated their choice of Series of Bonds.38. Retention of oversubscriptionOur Company is making a public issue of the Bonds aggregatingupto ` 750 crore * with an option to retain oversubscription ofBonds up to ` 4,809.20 crore.*In terms of the CBDT Notification, in addition to the tranche(s)of public issue, our Company may also raise Bonds on a privateplacement basis in one or more tranches during the process ofthe present Issue, not exceeding ` 1,500 crores, i.e. upto 30% ofthe allocated limit for raising funds through the Bonds duringthe Fiscal 2013, at its discretion. Our Company shall ensurethat Bonds issued through the public issue route and privateplacement route shall together not exceed ` 4,809.20 crores. Incase our Company raises funds through private placementsduring the process of the present Issue, the Shelf Limit for theIssue shall get reduced by such amount raised.39. Grouping of Applications and allocation ratioFor the purposes of the Basis of Allotment:A. Applications received from Category I Applicants: Applicationsreceived from Applicants belonging to Category I shallbe grouped together, (“QIB Portion”);B. Applications received from Category II Applicants: Applicationsreceived from Applicants belonging to Category II, shallbe grouped together, (“Corporate Portion”);C. Applications received from Category III Applicants: Applicationsreceived from Applicants belonging to Category IIIshall be grouped together, (“High Net Worth Individual Portion”);andD. Applications received from Category IV Applicants: Applicationsreceived from Applicants belonging to Category IVshall be grouped together, (“Retail Individual Investor Portion”).
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”For removal of doubt, the terms “QIB Portion”, “Corporate Portion”,“High Net Worth Individual Portion” and “Retail IndividualInvestor Portion” are individually referred to as a “Portion”and collectively referred to as “Portions”.For the purposes of determining the number of Bonds availablefor allocation to each of the abovementioned Portions, our Companyshall have the discretion of determining the number of Bondsto be allotted over and above the Base Issue Size, in case ourCompany opts to retain any oversubscription in the Issue upto `4,809.20 crore. The aggregate value of Bonds decided to be allottedover and above the Base Issue Size, (in case our Companyopts to retain any oversubscription in the Issue), and/or the aggregatevalue of Bonds upto the Base Issue Size shall be collectivelytermed as the “Overall Issue Size”.40. Allocation ratioReservations shall be made for each of the Portions in the belowmentioned basis:QIB Portion Corporate Portion High Net Worth Retail IndividualIndividual Portion Investor Portion10% of the Overall 20% of the Overall 30% of the Overall Issue 40% of the Overall IssueIssue Size. Issue Size Size. Size out.41. Allotment Advice/ Refund OrdersIn case of Applications other than those made through the ASBAprocess, the unutilised portion of the Application Amounts willbe refunded to the Applicant within 12 (twelve) Working Days ofthe Issue Closure Date through any of the following modes:i. Direct Credit – Applicants having bank accounts with theBankers to the Issue shall be eligible to receive refunds throughdirect credit. Charges, if any, levied by the relevant bank(s) forthe same would be borne by us.ii. NECS – Payment of refund would be done through NECS forApplicants having an account at any of the 68 centres wheresuch facility has been made available. This mode of paymentof refunds would be subject to availability of complete bankaccount details including the MICR code as available from theDepositories. The payment of refunds through this mode willbe done for Applicants having a bank account at any centrewhere NECS facility has been made available (subject to availabilityof all information for crediting the refund through NECS).iii. NEFT – Payment of refund shall be undertaken through NEFTwherever the Applicant’s bank has been assigned the IndianFinancial System Code (“IFSC”), which can be linked to aMICR, allotted to that particular bank branch. IFSC Code willbe obtained from the website of RBI as on a date immediatelyprior to the date of payment of refund, duly mapped with MICRnumbers. In case of online payment or wherever the Investorshave registered their nine digit MICR number and their bankaccount number with the depository participant while openingand operating the demat account, the MICR number andtheir bank account number will be duly mapped with the IFSCCode of that particular bank branch and the payment of refundwill be made to the Investors through this method.iv. RTGS – If the refund amount exceeds ` 200,000, Applicantshave the option to receive refund through RTGS. Charges, ifany, levied by the refund bank(s) for the same would be borneby us. Charges, if any, levied by the Applicant’s bank receivingthe credit would be borne by the Applicant.v. For all other Applicants (not being ASBA Applicants), refundorders will be despatched through speed post/ registered post.Such refunds will be made by cheques, pay orders or demanddrafts drawn in favour of the sole/ first Applicants and payableat par at places where Application are received. Bankcharges, if any, for encashing such cheques, pay orders ordemand drafts at other centres will be payable by the Applicants.In the case of Applicants other than ASBA Applicants, applyingfor the Bonds in dematerialised form, the Registrar will obtainfrom the Depositories the Applicant’s bank account details, includingthe MICR code, on the basis of the DP ID, Client ID andPAN provided by the Applicants in their Application Forms. Accordingly,Applicants are advised to immediately update theirdetails as appearing on the records of their Depository Participants.Failure to do so may result in delays in dispatch of refundorders or refunds through electronic transfer of funds, as applicable,and any such delay will be at the Applicant’s sole risk andneither our Company, the Registrar, the Escrow Collection Banks,or the Members of the Syndicate, will be liable to compensate theApplicants for any losses caused to them due to any such delay,or liable to pay any interest for such delay.In case of ASBA Applicants, the Registrar shall instruct the relevantSCSB to unblock the funds in the relevant ASBA Accountto the extent of the Application Amount specified in the ApplicationForms for withdrawn, rejected or unsuccessful or partiallysuccessful ASBA Applications within 12 (twelve) Working Daysof the Issue Closing Date.Our Company and the Registrar shall credit the allotted Bonds tothe respective beneficiary accounts/ dispatch the Letters of Allotmentor letters of regret/ Refund Orders by registered post/speed post/ordinary post at the Applicant’s sole risk, within 12Working Days from the Issue Closure Date. We may enter into anarrangement with one or more banks in one or more cities forrefund to the account of the applicants through Direct Credit/RTGS/NEFT.Further,a) Allotment of Bonds in the Issue shall be made within a timeperiod of 12 Working Days from the Issue Closure Date;b) Credit to dematerialised accounts will be given within twoWorking Days from the Date of Allotment;c) Interest at a rate of 15% per annum will be paid if the Allotmenthas not been made and/or the refund orders have not beendispatched to the applicants within 12 Working Days from theIssue Closure Date, for the delay beyond 12 Working Days;andOur Company will provide adequate funds to the Registrar forthis purpose.42. Interest42.1 Interest(i) For Bondholders falling under Category I, II and III, theBonds under Tranche – I Series 1A, Tranche – I Series 2Aand Tranche – I Series 3A shall carry interest at the interestrate of 8.14% p.a., 8.51% p.a. and 8.49% p.a. respectivelypayable from, and including, the Deemed Date ofAllotment up to, but excluding, their respective MaturityDates, payable annually on the Interest Payment Date, tothe Bondholders as of the relevant Record Date. Theannualised yield to Category I, II and III Bondholders wouldbe 8.14% p.a., 8.51% p.a. and 8.49% p.a for the Tranche – ISeries 1A Bonds, the Tranche – I Series 2A Bonds and theTranche – I Series 3A Bonds, respectively.(ii) For Bondholders falling under Category IV, the Bondsunder Tranche – I Series 1B, Tranche – I Series 2B andTranche – I Series 3B shall carry interest at the interest rateof 8.39% p.a., 8.76% p.a. and 8.74% p.a., respectively payablefrom, and including, the Deemed Date of Allotment up<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>21
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”to, but excluding, their respective Maturity Dates, payableannually on the Interest Payment Date, to the Bondholdersas of the relevant Record Date. The annualized yield toCategory IV Bondholders would be 8.39% p.a., 8.76% p.a.and 8.74% p.a., for the Tranche – I Series 1B Bonds, theTranche – I Series 2B Bonds and the Tranche – I Series 3BBonds, respectively.(iii) The interest rates indicated under Tranche – I Series 1B,Tranche – I Series 2B and Tranche – I Series 3B shall bepayable only on the Portion of Bonds allotted to CategoryIV Allottees in the Issue. Such coupon is payable only ifon the Record Date for payment of interest, the Bonds areheld by Bondholders belonging to Category IV.(iv) In the event the Tranche – I Series 1B Bonds, the Tranche– I Series 2B Bonds and the Tranche – I Series 3B Bondsare transferred by Category IV Allottees to investors fromCategory I, II and III, the interest rate on such Bonds shallstand at par with interest rate applicable on the Tranche –I Series 1A Bonds, the Tranche – I Series 2A Bonds andthe Tranche – I Series 3A Bonds, respectively.(v) If the Tranche – I Series 1B Bonds, the Tranche – I Series2B Bonds and the Tranche – I Series 3B Bonds are sold/transferred by the Category IV Allottees to investors whofall under Category IV on the Record Date, then the interestrates on such Bonds shall remain unchanged.(vi) Bonds allotted against Tranche – I Series 1B, Tranche – ISeries 2B and Tranche – I Series 3B shall continue to carrythe specified interest rates if on the Record Date, such(vii)Bonds are held by Bondholders belonging to Category IV;If on any Record Date, the original Category IV Allottee(s)/transferee(s) hold the Bonds under Tranche – I Series 1B,Tranche – I Series 2B and Tranche – I Series 3B for anaggregate face value amount of over ` 10 lakhs, then theinterest rate applicable to such Category IV Allottee(s)/transferee(s) on the Tranche – I Series 1 Bonds, the Tranche– I Series 2 Bonds and the Tranche – I Series 3 Bonds shallstand at par with interest rates applicable on the Tranche –I Series 1A Bonds, the Tranche – I Series 2A Bonds andthe Tranche – I Series 3A Bonds, respectively;For the purpose of classification and verification of status ofCategory IV Bondholders, the aggregate face value of Bondsheld by the Bondholders in all the Series of Bonds, allotted underthe relevant Issue shall be clubbed and taken together on thebasis of PAN.42.2 Day count conventionInterest on the Bonds shall be computed on an actual basisfor the broken period, if any.43. Interest on Application Amounts43.1 Interest on application monies received which are usedtowards allotment of BondsWe shall pay interest on Application Amounts on theamount allotted, subject to deduction of income tax underthe provisions of the Income Tax Act, as applicable, to anyApplicants to whom Bonds are Allotted (except for ASBAApplicants) pursuant to the Issue from the date of realizationof the cheque(s)/demand draft(s) upto one day priorto the Deemed Date of Allotment, at the rate of 8.14% p.a.,8.51% p.a. and 8.49% p.a in respect of Applications forAllotment of Tranche – I Series 1A Bonds, Tranche – ISeries 2A Bonds and Tranche – I Series 3A Bonds, respectivelymade by Allottees under Categories I, II and III and8.39% p.a., 8.76% p.a. and 8.74% p.a. in respect of Applicationsfor Allotment of Tranche – I Series 1B Bonds, Tranche22 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>– I Series 2B Bonds and Tranche – 1 Series 3B Bonds,respectively made by Allottees under Categories IV.In the event that such date of realization of the cheque(s)/demand draft(s) is not ascertainable in terms of bankingrecords, we shall pay interest on Application Amounts onthe amount Allotted from three Business Days from thedate of upload of each Application on the electronic Applicationplatform of the relevant stock exchanges uptoone day prior to the Deemed Date of Allotment, at theaforementioned rates. A tax deduction certificate will beissued for the amount of income tax so deducted.We may enter into an arrangement with one or more banksin one or more cities for direct credit of interest to theaccount of the applicants. Alternatively, interest warrantswill be dispatched along with the Letter(s) of Allotment atthe sole risk of the applicant, to the sole/first applicant.43.2 Interest on application monies received which are liableto be refundedWe shall pay interest on Application Amounts which isliable to be refunded to the Applicants (other than ApplicationAmounts received after the Issue Closure Date, andASBA Applicants) subject to deduction of income tax underthe provisions of the Income Tax Act, as applicable,from the date of realization of the cheque(s)/demand draft(s)upto one day prior to the Deemed Date of Allotment, at therate of 8.14% p.a., 8.51% p.a. and 8.49% p.a in respect ofApplications for Allotment of Tranche – I Series 1A Bonds,Tranche – I Series 2A Bonds and Tranche – I Series 3ABonds, respectively made by Applicants under CategoriesI, II and III and 8.39% p.a., 8.76% p.a. and 8.74% p.a. inrespect of Applications for Allotment of Tranche – I Series1 Bonds, Tranche – IB Series 2B Bonds and Tranche – 1Series 3B Bonds, respectively made by Applicants underCategories IV.In the event that such date of realization of the cheque(s)/demand draft(s) is not ascertainable in terms of bankingrecords, we shall pay interest on Application Amountsliable to be refunded from three Business Days from thedate of upload of each Application on the electronic Applicationplatform of the relevant stock exchanges uptoone day prior to the Deemed Date of Allotment, at theaforementioned rates. Such interest shall be paid alongwith the monies liable to be refunded. Interest warrant willbe dispatched/credited (in case of electronic payment)along with the letter(s) of refund at the sole risk of theApplicant, to the sole/first Applicant. A tax deduction certificatewill be issued for the amount of income tax so deducted.Provided that, notwithstanding anything contained hereinabove,our Company shall not be liable to pay any intereston monies liable to be refunded in case of (a) invalidApplications or Applications liable to be rejected, and/or(b) applications which are withdrawn by the applicant. Seethe section titled “Issue Procedure – Rejection of Applications”on page 80 of the Prospectus Tranche -1.44. Redemption44.1. The face value of the Bonds will be redeemed at par, on therespective Maturity Dates of each of the Series of Bondsunder this Issue.44.2 Procedure for Redemption by BondholdersThe procedure for redemption is set out below:
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”44.2.1 Bonds held in electronic form:No action is required on the part of Bondholders at thetime of maturity of the Bonds.44.2.2 Bonds held in physical form:No action will ordinarily be required on the part of theBondholder at the time of redemption, and the MaturityAmount will be paid to those Bondholders whose namesappear in the Register of Bondholders maintained by ourCompany on the Record Date fixed for the purpose of redemptionwithout there being a requirement for the surrenderof the physical Consolidated Bond Certificate(s).Our Company shall stand discharged of any liabilities arisingout of any fraudulent transfer of the Bonds or nonregistrationof transfer of Bonds with our Company.45. Payments45.1 Payment of Interest on BondsPayment of interest on the Bonds will be made to thoseBondholders whose name appears first in the Register ofBondholders maintained by the Depositories and/or ourCompany and/or the Registrar to the Issue, as the casemay be as, on the Record Date.45.2 Record DateThe record date for the payment of interest or the MaturityAmount shall be 15 Business Days prior to the date onwhich such amount is due and payable (“Record Date”).In case of redemption of Bonds, the trading in the Bondsshall remain suspended between the record date and thedate of redemption. In the event the Record Date falls on aSaturday, Sunday or a public holiday in New Delhi, thesucceeding Business Day will be considered as the RecordDate.45.3. Effect of holidays on paymentsIf the date of interest payment or redemption falls on aSaturday, Sunday or a public holiday in New Delhi, thesucceeding Business Day will be considered as the effectivedate. In case the date of payment of interest or principalor any date specified falls on a holiday, the paymentwill be made on the next Business Day, without any interestfor the period overdue.45.4. Whilst our Company will use the electronic mode for makingpayments, where facilities for electronic mode of paymentsare not available to the Bondholder or where theinformation provided by the Applicant is insufficient orincomplete, our Company proposes to use other modes ofpayment to make payments to the Bondholders, includingthrough the dispatch of cheques through courier, or registeredpost to the address provided by the Bondholder andappearing in the Register of Bondholders maintained bythe Depositories and/or our Company and/or the Registrarto the Issue, as the case may be as, on the RecordDate. Our Company shall pay interest as specified in theTranche Prospectus, over and above the interest rate ofthe relevant Bonds, in the event that such payments aredelayed beyond a period of eight days after our Companybecomes liable to pay such amounts (except if such delaysare on account of delay in postal channels of the countryor insufficient information provided by the Bondholder).45.5. Our Company’s liability to the Bondholders including forpayment or otherwise shall stand extinguished from theMaturity Date or on dispatch of the amounts paid by wayof principal and/or interest to the Bondholders. Further,our Company will not be liable to pay any interest, incomeor compensation of any kind accruing subsequent to theMaturity Date.46. Transfers46.1 Transfer of Bonds held in dematerialised form:In respect of Bonds held in the dematerialised form, transfersof the Bonds may be effected, only through the Depositorieswhere such Bonds are held, in accordance withthe provisions of the Depositories Act and/or rules asnotified by the Depositories from time to time. The Bondholdershall give delivery instructions containing detailsof the prospective purchaser’s Depository Participant’saccount to his Depository Participant. If a prospectivepurchaser does not have a Depository Participant account,the Bondholder may rematerialize his or her Bonds andtransfer them in a manner as specified in 4.2.2 below.46.2 Transfer of Bonds in physical form:The Bonds may be transferred in a manner as may be prescribedby our Company for the registration of transfer ofBonds. Purchasers of the Bonds are advised to send theConsolidated Bond Certificate to our Company or to suchpersons as may be notified by our Company from time totime. If a purchaser of the Bonds in physical form intendsto hold the Bonds in dematerialised form, the Bonds maybe dematerialized by the purchaser through his or herDepository Participant in accordance with the provisionsof the Depositories Act and/or rules as notified by theDepositories from time to time.The payment of stamp duty on transfer of Bonds as wellas the execution of instrument of transfer as required underSection 108 of the Companies Act has been exemptedby Government of India’s Notification No. GSR 1294(E)dated December 17, 1986. The Company will register thetransfer of Bonds, provided the Bond Certificate with thedetails of name, address, occupation, if any, and signatureof the transferee on the reverse of the Bond Certificate isdelivered to the address of the Registrar mentioned herein,by registered post or by hand delivery. No stamp duty ispayable under the said notification on such transfers. TheCompany shall on being satisfied and subject to the provisionsof the Articles of Association register the transfer ofsuch Bonds in its books.47. Special Tax BenefitsFor the details of tax benefits, see the section titled “Statement ofTax Benefits” on page 30 of the Prospectus Tranche -1.48. TaxationThe Bonds are tax free in nature and the interest on the Bonds willnot form part of the total income. For further details, see the sectiontitled “Statement of Tax Benefits” on page 30 of the ProspectusTranche -1.49. Other Information49.1. Manner of allotmentAllotment of the Bonds will be in physical form (for allApplicants except for Eligible QFIs from Categories II, IIIand IV) and dematerialised form (for all Categories of Applicants).In terms of Bonds issued in dematerialised form,our Company will take requisite steps to credit the demataccounts of all Bondholders who have applied for theBonds in dematerialised form within 12 Working Days fromthe Issue Closure Date.Our Company will also issue Letters of Allotment to allBondholders who have applied for the Bonds indematerialised form (except Eligible QFIs) within 12 Work-<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>23
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”ing Days from the Issue Closure Date. Subsequent to thepayment of the consolidated stamp duty on the Bonds,and upon the issuance of the order from the Collector evidencingthe payment of such consolidated stamp duty,our Company and the Registrar shall dispatch ConsolidatedBond Certificates to all Bondholders holding Lettersof Allotment (in terms of the Register of Bondholdersas maintained by the Registrar), no later than three monthsfrom the date of Allotment (in accordance with section 113of the Companies Act). Upon receipt by Bondholders ofsuch Consolidated Bond Certificates as dispatched by theRegistrar and the Company, the Letters of Allotment shallstand cancelled without any further action. ProspectiveBondholders should note that once Consolidated BondCertificates have been duly dispatched to all Bondholderswho had applied for Bonds in physical form, our Companyshall stand discharged of any liabilities arising out of anyfraudulent transfer of the Bonds purported to be effectedthrough Letters of Allotment.49.2 Form of AllotmentThe Allotment of the Bonds shall be in a dematerializedform (for all Categories of Applicants) as well as physicalform (for all Applicants except for Eligible QFIs from CategoriesII, III and IV). Our Company has made depositoryarrangements with CDSL and NSDL for the issuance ofthe Bonds in dematerialized form, pursuant to the tripartiteagreement dated September 20, 2011 among our Company,the Registrar and CDSL and the tripartite agreement datedSeptember 20, 2011 among our Company, the Registrar andNSDL (collectively “Tripartite Agreements”).Our Company shall take necessary steps to credit theDepository Participant account of the Applicants with thenumber of Bonds allotted in dematerialized form. TheBondholders holding the Bonds in dematerialised formshall deal with the Bonds in accordance with the provisionsof the Depositories Act, and/or rules as notified bythe Depositories from time to time.The Bondholders may rematerialize the Bonds issued indematerialised form, at any time after Allotment, in accordancewith the provisions of the Depositories Act and/orrules as notified by the Depositories from time to time.In case of Bonds held in physical form, whether on Allotmentor on rematerialization of Bonds allotted indematerialised form, our Company will issue one certificatefor each Series of Bonds to the Bondholder for theaggregate amount of the Bonds that are held by suchBondholder (each such certificate, a “Consolidated BondCertificate”). In respect of the Consolidated BondCertificate(s), our Company will, on receipt of a requestfrom the Bondholder within 30 Business Days of suchrequest, split such Consolidated Bond Certificate(s) intosmaller denominations in accordance with the applicableregulations/rules/act, subject to a minimum denominationof one Bond. No fees will be charged for splitting anyConsolidated Bond Certificate(s) and any stamp duty, ifpayable, will be paid by the Bondholder. The request tosplit a Consolidated Bond Certificate shall be accompaniedby the original Consolidated Bond Certificate(s) whichwill, on issuance of the split Consolidated BondCertificate(s), be cancelled by our Company.49.3 Titlea. In case of:i) the Bond held in the dematerialised form, the person for24 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>the time being appearing in the register of beneficial ownersmaintained by the Depositories; andii) the Bond held in physical form, the person for the timebeing appearing in the Register of Bondholders (as definedbelow) as Bondholder,shall be treated for all purposes by our Company, the DebentureTrustee, the Depositories and all other personsdealing with such persons the holder thereof and its absoluteowner for all purposes whether or not it is overdueand regardless of any notice of ownership, trust or anyinterest in it or any writing on, theft or loss of the ConsolidatedBond Certificate issued in respect of the Bonds andno person will be liable for so treating the Bondholder.b. No transfer of title of a Bond will be valid unless and untilentered on the Register of Bondholders or the register ofbeneficial owners, maintained by the Depositories and/orour Company or the Registrar to the Issue prior to theRecord Date. In the absence of transfer being registered,interest and/or Maturity Amount, as the case may be, willbe paid to the person, whose name appears first in theRegister of Bondholders maintained by the Depositoriesand /or our Company and/or the Registrar to the Issue, asthe case may be. In such cases, claims, if any, by thepurchasers of the Bonds will need to be settled with theseller of the Bonds and not with our Company or the Registrarto the Issue.49.4 ListingThe Bonds will be listed on the BSE.49.5 Market LotThe Bonds shall be allotted in physical form (for all Applicantsexcept for Eligible QFIs from Categories II, III andIV) as well as dematerialised form (for all Categories ofApplicants). In terms of the SEBI Debt Regulations, thetrading of the Bonds shall be in dematerialised form only.Since, the trading of Bonds is in dematerialized form, thetradable lot for the Bonds is one Bond (“Market Lot”).49.6 Procedure for rematerialisation of BondsBondholders who wish to hold the Bonds in physical form,after having opted for Allotment in dematerialised formmay do so by submitting a request to their DepositoryParticipant, in accordance with the applicable procedurestipulated by the Depository Participant.49.7 Procedure for dematerialisation of BondsBondholders who have been allotted Bonds in physicalform and wish to hold the Bonds in dematerialized formmay do so by submitting his or her request to his or herDepository Participant in accordance with the applicableprocedure stipulated by the Depository Participant.49.8 Transfer of the Bonds, issue of Consolidated Bond Certificates,etc.a. Register of BondholdersOur Company shall maintain at its registered office or suchother place, as permitted by section 152A of the CompaniesAct, a register of Bondholders containing such particularsof the legal owners of the Bonds. Further, the registerof beneficial owners maintained by Depositories forany Bond in dematerialised form under Section 11 of theDepositories Act shall also be deemed to be a register ofBondholders for this purpose.b. Formalities free of chargeRegistration of a transfer of Bonds and issuance of newConsolidated Bond Certificates will be effected without
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”charge by or on behalf of our Company, but on payment(or the giving of such indemnity as our Company mayrequire) in respect of any tax or other governmental chargeswhich may be imposed in relation to such transfer, and ourCompany being satisfied that the requirements concerningtransfers of Bonds, have been complied with.c. Debenture Redemption Reserve (“DRR”)Pursuant to Regulation 16 of the SEBI Debt Regulationsand section 117C of the Companies Act, any company thatintends to issue debentures needs to create a DRR to whichadequate amounts shall be credited out of the profits ofour company until the redemption of the debentures. Further,the MCA has, through its circular dated February 11,2013, specified that public financial institutions shall createa DRR to the extent of 25% of the value of the debenturesissued through public issue. Accordingly, our Companyshall create DRR of 25% of the value of Bonds issuedand allotted in terms of the Prospectus Tranche-I, orsuch a percentage as may be required under the applicablelaw as amended from time to time, for the redemption of theBonds. Our Company shall credit adequate amounts tothe DRR from its profits every year until the Bonds areredeemed. The amounts credited to the DRR shall not beutilized by our Company for any purpose other than forthe redemption of the Bonds.49.9 Deemed Date of AllotmentThe Deemed Date of Allotment shall be the date on whichthe Board of Directors/or any duly constituted committeethereof, or the Chairman and Managing Director, approvesthe Allotment of the Bonds for the Issue. All benefits relatingto the Bonds including interest on Bonds (as specifiedfor the Issue in the Prospectus Tranche – I) shall be availableto the Bondholders from the Deemed Date of Allotment.The actual allotment of Bonds may take place on adate other than the Deemed Date of Allotment.49.10 UnderwritingThe Issue is not underwritten49.11 Minimum SubscriptionUnder the SEBI Debt Regulations, our Company may stipulatea minimum subscription amount which it seeks to raise.Our Company has decided to set no minimum subscriptionfor the Issue.49.12 Manner and Mode of Paymenta. Manner of Payment:All payments to be made by our Company to the Bondholdersshall be made in any of the following manners:(i) For Bonds applied or held in electronic form:The bank details will be obtained from the Depositories forpayments. Investors who have applied or who are holdingthe Bond in electronic form, are advised to immediatelyupdate their bank account details as appearing on therecords of their Depository Participant. Failure to do socould result in delays in credit of the payments to investorsat their sole risk and neither the Lead Managers norour Company shall have any responsibility and undertake(ii)any liability for such delays on part of the investors.For Bonds held in physical formThe bank details will be obtained from the Registrar to theIssue for effecting payments.b. Modes of PaymentThe mode of interest/ refund (except for refunds to ASBAApplicants)/ redemption payments shall be undertaken in(i)(ii)(ii)(iv)(v)the following order of preference:Direct CreditApplicants having bank accounts with the Refund Banks,as per the demographic details received from the Depositoriesshall be eligible to receive refunds through directcredit.Our Company shall not be responsible for any delay to theBondholder receiving credit of interest or refund or MaturityAmount so long as our Company has initiated theprocess in time.NECSThrough NECS for Applicants having an account at anyof the centres notified by the RBI. This mode of paymentwill be subject to availability of complete bank accountdetails including the Magnetic Ink Character Recognition(“MICR”) code as appearing on a cheque leaf, from theDepositories.Our Company shall not be responsible for any delay to theBondholder receiving credit of interest or refund or MaturityAmount so long as our Company has initiated theprocess in time.Real Time Gross Settlement (“RTGS”)Applicants having a bank account with a bank branchwhich is RTGS enabled as per the information available onthe website of RBI and whose payment amount exceeds `2.00 lacs (or as may be specified by the RBI from time totime) shall be eligible to receive refund through RTGS, providedthe demographic details downloaded from the Depositoriescontain the nine digit MICR code of theApplicant’s bank which can be mapped with the RBI datato obtain the corresponding Indian Financial System Code(“IFSC”). Charges, if any, levied by the Refund Banks forthe same would be borne by our Company. Charges, if any,levied by the Applicant’s bank receiving the credit wouldbe borne by the Applicant.Our Company shall not be responsible for any delay to theBondholder receiving credit of interest or refund or MaturityAmount so long as our Company has initiated theprocess in time.National Electronic Fund Transfer (“NEFT”)Payment of refund shall be undertaken through NEFTwherever the Applicants’ bank branch is NEFT enabledand has been assigned the IFSC, which can be linked to anMICR code of that particular bank branch. IFSC Code willbe obtained from the website of RBI as on a date prior tothe date of payment of refund, duly mapped with an MICRcode. Wherever the Applicants have registered their MICRnumber and their bank account number while opening andoperating the beneficiary account, the same will be dulymapped with the IFSC Code of that particular bank branchand the payment will be made to the Applicants throughthis method. The process flow in respect of refunds byway of NEFT is at an evolving stage and hence use ofNEFT is subject to operational feasibility, cost and processefficiency and the past experience of the Registrar tothe Issue. In the event NEFT is not operationally feasible,the payment would be made through any one of the othermodes as discussed in this section.Our Company shall not be responsible for any delay to theBondholder receiving credit of interest or refund or MaturityAmount so long as our Company has initiated theprocess in time.Cheques or demand drafts<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>25
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”By cheques or demand drafts made in the name of theBondholders whose names appear in the Register of Bondholdersas maintained by our Company and/or as providedby the Depositories. All cheques or demand drafts as thecase may be, shall be sent by registered/speed post/courierat the Bondholder’s sole risk.c. Printing of bank particularsAs a matter of precaution against possible fraudulentencashment of refund orders and interest/redemption warrantsdue to loss or misplacement, the particulars of theApplicant’s bank account are mandatorily required to beprovided for printing on the orders/warrants. Applicationswithout these details are liable to be rejected. However, inrelation to Applications for dematerialised Bonds, theseparticulars will be taken directly from the Depositories. Incase of Bonds held in physical form either on account ofrematerialisation or transfer, the Bondholders are advisedto submit their bank account details with the Registrar tothe Issue before the Record Date, failing which theamounts will be dispatched to the postal address of theBondholders. Bank account particulars will be printed onthe orders/warrants which can then be deposited only inthe account specified.49.13 Debenture Trusteea. Our Company has appointed SBICAP Trustee CompanyLimited to act as the Trustee for the Bondholders. OurCompany intends to enter into a Debenture Trust Deedwith the Debenture Trustee, the terms of which will governthe appointment and functioning of the DebentureTrustee and shall specify the powers, authorities and obligationsof the Debenture Trustee. Under the terms of theDebenture Trust Deed, our Company will covenant withthe Debenture Trustee that it will pay the Bondholders theprincipal amount on the Bonds on the relevant MaturityDate and also that it will pay the interest due on Bonds onthe rate specified under the Prospectus Tranche-I.b. The Bondholders shall, without further act or deed, bedeemed to have irrevocably given their consent to theDebenture Trustee or any of their agents or authorisedofficials to do all such acts, deeds, matters and things inrespect of or relating to the Bonds as the Trustee may intheir absolute discretion deem necessary or require to bedone in the interest of the Bondholders. Any paymentmade by our Company to the Debenture Trustee on behalfof the Bondholders shall discharge our Company pro tantoto the Bondholders. All the rights and remedies of theBondholders shall vest in and shall be exercised by theDebenture Trustee without reference to the Bondholders.No Bondholder shall be entitled to proceed directly againstour Company unless the Debenture Trustee, having becomeso bound to proceed, failed to do so.c. The Debenture Trustee will protect the interest of the Bondholdersin the event of default by our Company in regardto timely payment of interest and repayment of principaland they will take necessary action at our Company’s cost.Further, the Debenture Trustee shall ensure that the assetsof our Company are sufficient to discharge the principalamount at all time under this Issue.49.14 Miscellaneousa. Loan against BondsThe Bonds can be pledged or hypothecated for obtainingloans from lending institutions in accordance with the lendingpolicies of the concerned institutions.26 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>b. LienOur Company shall have the right of set-off and lien,present as well as future on the moneys due and payableto the Bondholder or deposits held in the account of theBondholder, whether in single name or joint name, to theextent of all outstanding dues by the Bondholder to ourCompany.c. Lien on pledge of BondsSubject to applicable laws, our Company, at its discretion,may note a lien on pledge of Bonds if such pledge of Bondis accepted by any bank, institution or others for any loanprovided to the Bondholder against pledge of such Bondsas part of the funding.d. Joint-holdersWhere two or more persons are holders of any Bond(s),they shall be deemed to hold the same as joint holderswith benefits of survivorship subject to applicable laws.e. Sharing of informationOur Company may, at its option, use its own, as well asexchange, share or part with any financial or other informationabout the Bondholders available with our Companyand affiliates and other banks, financial institutions,credit bureaus, agencies, statutory bodies, as may be requiredand neither our Company nor its affiliates nor theiragents shall be liable for use of the aforesaid information.f. NoticesAll notices to the Bondholders required to be given by ourCompany or the Trustee shall be published in at least onenational daily newspaper having wide circulation and/or,will be sent by post/courier to the registered Bondholdersfrom time to time.g. Issue of duplicate Consolidated Bond Certificate(s)If any Consolidated Bond Certificate is mutilated or defacedit may be replaced by our Company against the surrenderof such Consolidated Bond Certificates, providedthat where the Consolidated Bond Certificates are mutilatedor defaced, they will be replaced only if the certificatenumbers and the distinctive numbers are legible.If any Consolidated Bond Certificate is destroyed, stolenor lost then on production of proof thereof to the Issuer’ssatisfaction and on furnishing such indemnity/securityand/or documents as it may deem adequate, duplicate ConsolidatedBond Certificate(s) shall be issued.The above requirement may be modified from time to timeas per applicable law and practice.h. Future borrowingsOur Company shall be entitled at any time in the futureduring the term of the Bonds or thereafter to borrow orraise loans or create encumbrances or avail of financialassistance in any form, and also to issue promissory notesor bonds or any other securities in any form, manner, rankingand denomination whatsoever and to any eligible personswhatsoever and to change its capital structure includingthrough the issue of shares of any class, on suchterms and conditions as our Company may deem appropriate,without requiring the consent of, or intimation to, theBondholders or the Debenture Trustee in this connection.i. JurisdictionThe Bonds, the Trust Deed and other relevant documentsshall be governed by and construed in accordance withthe laws of India. For the purpose of this Issue and anymatter related to or ancillary to the Issue the Courts ofNew Delhi, India shall have exclusive jurisdiction.
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”OTHER INSTRUCTIONS50. Events of defaulta. The Debenture Trustee at its discretion may, or if so requestedin writing by the holders of not less than 75% in principalamount of the Bonds then outstanding or if so directed by aSpecial Resolution shall (subject to being indemnified and/orsecured by the Bondholders to its satisfaction), give notice toour Company specifying that the Bonds and/or any particularSeries of Bonds, in whole but not in part are and have becomedue and repayable at the early redemption amount on suchdate as may be specified in such notice, among other things, ifany of the events listed in 15.2 below occur.b. The complete list of events of default shall be as specified inthe Debenture Trust Deed.c. The early redemption amount payable on the occurrence of anevent of default shall be as detailed in the Debenture TrustDeed.d. If an event of default occurs which is continuing, the DebentureTrustee may with the consent of the Bondholders, obtainedin accordance with the provisions of the DebentureTrust Deed, and with a prior written notice to our Company,take action in terms of the Debenture Trust Deed.e. In case of default in the redemption of Bonds, in addition tothe payment of interest and all other monies payable hereunderon the respective due dates, our Company shall also payinterest on the defaulted amounts.51. Bondholders’ rights, nomination, etc.a. Rights of BondholdersSome of the significant rights available to the Bondholdersare as follows:(i) The Bonds shall not, except as provided in the Companies Act,confer on Bondholders any rights or privileges available tomembers of our Company including the right to receive noticesor annual reports of, or to attend and/ or vote, at theCompany’s general meeting(s). However, if any resolution affectingthe rights of the Bondholders is to be placed beforethe shareholders, such resolution will first be placed beforethe concerned registered Bondholders for their consideration.In terms of Section 219(2) of the Companies Act, Bondholdersshall be entitled to a copy of the balance sheet on a specificrequest made to the Company.(ii) The rights, privileges and conditions attached to the Bondsmay be varied, modified and/or abrogated with the consent inwriting of the Bondholders of at least three-fourths of theoutstanding amount of the Bonds or with the sanction of aspecial resolution passed at a meeting of the concerned Bondholders.However, in the event that such consent or specialresolution pertains to modify or vary the terms and conditionsgoverning the Bonds, such consent or resolution shall not beoperative against our Company in the event that such consentor resolution is not acceptable to the Company.(iii) The registered Bondholder or in case of joint-holders, theperson whose name stands first in the Register of Bondholdersshall be entitled to vote in respect of such Bonds, either bybeing present in person or, where proxies are permitted, byproxy, at any meeting of the concerned Bondholders summonedfor such purpose and every such Bondholder shall beentitled to one vote on a show of hands and on a poll, his orher voting rights shall be in proportion to the outstandingnominal value of Bonds held by him or her on every resolutionplaced before such meeting of the Bondholders.(iv) Bonds may be rolled over with the consent in writing of theholders of at least three-fourths of the outstanding amount ofthe Bonds or with the sanction of a Special Resolution passedat a meeting of the concerned Bondholders after providing atleast 21 days prior notice for such roll-over and in accordancewith the SEBI Debt Regulations. Our Company shall redeemthe Bonds of all the Bondholders, who have not given theirpositive consent to the roll-over.The above rights of Bondholders are merely indicative. Thefinal rights of the Bondholders will be as per the terms of theShelf Prospectus and the Prospectus Tranche-I and DebentureTrust Deed to be executed by our Company with theDebenture Trustee.Special Resolution for the purpose of this section is a resolutionpassed at a meeting of Bondholders of at least threefourthsof the outstanding amount of the Bonds, present andvoting.b. SuccessionWhere Bonds are held in joint names and one of the jointholders dies, the survivor(s) will be recognized as theBondholder(s) in accordance with the applicable laws. It willbe sufficient for our Company to delete the name of the deceasedBondholder after obtaining satisfactory evidence ofhis death, provided that a third person may call on our Companyto register his name as successor of the deceased Bondholderafter obtaining evidence such as probate of a will forthe purpose of proving his title to the Bonds. In the event ofdemise of the sole or first holder of the Bonds, our Companywill recognize the executors or administrator of the deceasedBondholders, or the holder of the succession certificate orother legal representative as having title to the Bonds only ifsuch executor or administrator obtains and produces probateof will or letter of administration or is the holder of the successioncertificate or other legal representation, as the case maybe, from an appropriate court in India. The Board of Directorsof our Company in their absolute discretion may, in any case,dispense with production of probate of will or letter of administrationor succession certificate or other legal representation.c. Nomination Facility to Bondholder(i) The sole Bondholder or first Bondholder, along with other jointBondholders (being individual(s)) may nominate any one person(being an individual) who, in the event of death of thesole holder or all the joint-holders, as the case may be, shallbecome entitled to the Bond. A person, being a nominee, becomingentitled to the Bond by reason of the death of theBondholders, shall be entitled to the same rights to which hewill be entitled if he were the registered holder of the Bond.Where the nominee is a minor, the Bondholders may make anomination to appoint any person to become entitled to theBond(s), in the event of his death, during the minority. A nominationshall stand rescinded on sale of a Bond by the personnominating. A buyer will be entitled to make a fresh nominationin the manner prescribed. When the Bond is held by twoor more persons, the nominee shall become entitled to receivethe amount only on the demise of all the Bondholders. Freshnominations can be made only in the prescribed form availableon request at our Company’s administrative office or atsuch other addresses as may be notified by our Company.(ii) The Bondholders are advised to provide the specimen signatureof the nominee to our Company to expedite the transmissionof the Bond(s) to the nominee in the event of demise ofthe Bondholders. The signature can be provided in the ApplicationForm or subsequently at the time of making fresh nominations.This facility of providing the specimen signature ofthe nominee is purely optional.<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>27
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”(iii) Any person who becomes a nominee under any applicablelaws shall on the production of such evidence as may be requiredby our Company’s Board or Committee of Directors, orthe Chairman and Managing Director, as the case may be,elect either:(a) to register himself or herself as the holder of the Bonds; or(b) to make such transfer of the Bonds, as the deceased holdercould have made.(iv) Notwithstanding anything stated above, Applicants who areallotted bonds in dematerialised form need not make a separatenomination with our Company. Nominations registeredwith the respective Depository Participant of the Bondholderwill prevail. If the Bondholders require changing their nomination,they are requested to inform their respective DepositoryParticipant. For Applicants who opt to hold the Bonds in physicalform, the Applicants are require to fill in the details for‘nominees’ as provided in the Application Form.(v) Further, our Company’s Board or Committee of Directors orthe Chairman and Managing Director, as the case may be, mayat any time give notice requiring any nominee of the deceasedholder to choose either to be registered himself or herself or totransfer the Bonds, and if the notice is not complied with,within a period of 90 days, our Company’s Board or Committeeof Directors or the Chairman and Managing Director, asthe case may be, may thereafter withhold payment of all interestsor other monies payable in respect of the Bonds, until therequirements of the notice have been complied with.52. Joint ApplicationsApplications may be made in single or joint names (not exceedingthree). In the case of joint Applications, all paymentswill be made out in favour of the first Applicant. All communicationswill be addressed to the first named Applicant whosename appears in the Application Form and at the address mentionedtherein.53. Additional/ Multiple ApplicationsAn Applicant is allowed to make one or more Applications forthe Bonds for the same or different Series of Bonds, subject toa minimum Application size of ` 5,000 and in multiples of ` 1,000thereafter, for each Application. Any Application for an amountbelow the aforesaid minimum Application size will be deemedas an invalid Application and shall be rejected. However, multipleApplications by the same Applicant belonging to CategoryIV aggregating to a value exceeding ` 10,00,000 shall begrouped in Category III, for the purpose of determining thebasis of allotment to such Applicant. However, any Applicationmade by any person in his individual capacity and anApplication made by such person in his capacity as a Karta ofan HUF and/or as joint Applicant (second or third applicant),shall not be deemed to be a multiple Application.54. Depository ArrangementsWe have made depository arrangements with NSDL and CDSLfor issue and holding of the Bonds in dematerialised form. Inthis context:(i) Tripartite Agreements dated September 20, 2011, between us,the Registrar and CDSL and NSDL, respectively have beenexecuted, for offering depository option to the Applicants.(ii) It may be noted that Bonds in electronic form can be tradedonly on stock exchanges having electronic connectivity withNSDL or CDSL. The BSE has connectivity with NSDL andCDSL.(iii) Interest or other benefits with respect to the Bonds held indematerialised form would be paid to those Bondholderswhose names appear on the list of beneficial owners given by28 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>the Depositories to us as on Record Date. In case of thoseBonds for which the beneficial owner is not identified by theDepository as on the Record Date/ book closure date, wewould keep in abeyance the payment of interest or other benefits,till such time that the beneficial owner is identified by theDepository and conveyed to us, whereupon the interest orbenefits will be paid to the beneficiaries, as identified, within aperiod of 30 days.(iv)The trading of the Bonds shall be in dematerialized form only.For further information relating to Applications for Allotment ofthe Bonds in dematerialised form, see the sections titled “IssueProcedure – Methods of Application” and “Issue Procedure –General Instructions” on pages 59 and 73, respectively of theProspectus Tranche -1.55. CommunicationsAll future communications in connection with Applications madein the Issue should be addressed to the Registrar quoting allrelevant details as regards the Applicant and its Application.Applicants can contact our Compliance Officer as well as thecontact persons of our Company/ Lead Managers or the Registrarin case of any Pre-Issue related problems. In case of Post-Issue related problems such as non-receipt of Allotment Advice/credit of Bonds in depository’s beneficiary account/ refund orders,etc., applicants may contact our Compliance Officer as wellas the contact persons of our Company/Lead Managers or Registrar.Please note that Applicants who have applied for the Bondsthrough Trading Members should contact the relevant StockExchange(s) in case of any Post-Issue related problems, such asnon-receipt of Allotment Advice / credit of Bonds in depository’sbeneficiary account/ refund orders, etc.56. Revision of ApplicationsApplicants may revise/ modify their Application details duringthe Issue Period, as allowed/permitted by the stock exchange(s),by submitting a written request to the Members of the Syndicate/Trading Member/SCSBS, as the case may be. In case of any revisionof Application in connection with any of the fields which arenot allowed to be modified on the online Application platform ofthe Stock Exchange(s) as per the procedures and requirementsprescribed by each relevant Stock Exchange, Applicants shouldensure that they first withdraw their original Application and submita fresh Application. In such a case the date of the new Applicationwill be considered for date priority for Allotment purposes.Revision of Applications is not permitted after the expiry of thetime for acceptance of Application Forms on Issue Closing Date.However, in order that the Application data captured is accurate,the Members of the Syndicate, Trading Members and DesignatedBranches of the SCSBs will be given up to one Working Day afterthe Issue Closing Date to modify/ verify certain selected fieldsuploaded in the online system during the Issue Period, after whichthe data will be sent to the Registrar for reconciliation with thedata available with the Depositories.57. Utilisation of Application AmountsThe sum received in respect of the Issue will be kept in separatebank accounts and we will have access to such funds as perapplicable provisions of law(s), regulations and approvals.58. Utilisation of the proceeds of the Issue(a) All monies received pursuant to the Issue of Bonds to publicshall be transferred to a separate bank account other than thebank account referred to in sub-section (3) of section 73 of theCompanies Act.(b) Details of all monies utilised out of Issue referred to in subitem(a) shall be disclosed under an appropriate separate headin our Balance Sheet indicating the purpose for which such
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”monies had been utilised.through the Bonds duly certified by our statutory auditors, to(c) Details of all unutilised monies out of issue of Bonds, if any, the Debenture Trustee at the end of each half year;referred to in sub-item (a) shall be disclosed under an appropriatef) we shall disclose the complete name and address of the De-separate head in our Balance Sheet indicating the form benture Trustee in our annual report;in which such unutilised monies have been invested. g) we shall provide a compliance certificate to the Trustee (on an(d) We shall utilize the Issue proceeds only upon creation of securityannual basis) in respect of compliance with the terms andas stated in the Shelf Prospectus, receipt of the listing conditions of issue of Bonds as contained in the Shelf Pro-and trading approval from the BSE.spectus the Prospectus Tranche – I; and(e) The Issue proceeds shall not be utilized towards full or part h) we shall make necessary disclosures/ reporting under anyconsideration for the purchase or any other acquisition, inter other legal or regulatory requirement as may be required byalia by way of a lease, of any property.our Company from time to time.(f) All subscription monies received from FIIs, Eligible NRIs, Eligible62. Investor Withdrawals and Pre-closureQFIs and all other non resident Applicants across all Withdrawal of Applications during the Issue PeriodCategories through the Issue shall be kept in a separate accountopened and maintained by the Company, the proceedsWithdrawal of ASBA ApplicationsASBA Applicants can withdraw their Applications during the IssuePeriod by submitting a request for the same to the Member ofof which account shall not be utilised for any lending purposesin terms of the FEMA Borrowing Regulations.the Syndicate, Trading Member or Designated Branch of an SCSB,59. Impersonationas the case may be, through whom the ASBA Application hadAttention of the Applicants is specifically drawn to the provisionsof sub-section (1) of section 68 A of the Companies Act, bers of the Syndicate or Trading Members at the Syndicate ASBAbeen made. In case of ASBA Applications submitted to the Mem-which is reproduced below:Application Locations, upon receipt of the request for withdrawal“Any person who:from the ASBA Applicant, the relevant Member of the Syndicatea) makes in a fictitious name, an application to a company for or Trading Member, as the case may be, shall undertake requisiteacquiring or subscribing for, any shares therein, or actions, including deleting details of the withdrawn ASBA ApplicationForm from the electronic platform of the relevant Stockb) otherwise induces a company to allot, or register any transferof shares, therein to him, or any other person in a fictitiousname,a Designated Branch of an SCSB, upon receipt of the request forExchange(s). In case of ASBA Applications submitted directly toshall be punishable with imprisonment for a term which maywithdrawal from an ASBA Applicant, the relevant Designatedextend to five years.”Branch shall undertake requisite actions, including deleting detailsof the withdrawn ASBA Application Form from the electronic60. Listingplatform of the relevant Stock Exchange(s) and un-blocking of theThe Bonds will be listed on the BSE. Our Company has received funds in the ASBA Account directly.in-principle approval from the BSE for permission to deal in andWithdrawal of non – ASBA Applicationsfor an official quotation of our Bonds by its letter dated September6, 2013. The application for listing of the Bonds will be made toNon-ASBA Applicants can withdraw their Applications duringthe BSE at an appropriate stage.the Issue Period by submitting a request for the same to the Memberof the Syndicate or Trading Member, as the case may be,If permissions to deal in and for an official quotation of our Bondsthrough whom the Application had been made. Upon receipt ofare not granted by the BSE, our Company will forthwith repay,the request for withdrawal from the Applicant, the relevant Memberof the Syndicate or Trading Member, as the case may be, shallwithout interest, all moneys received from the applicants in pursuanceof the Shelf Prospectus. Our Company shall ensure thatundertake requisite actions, including deleting details of the withdrawnApplication Form from the electronic platform of the rel-all steps for the completion of the necessary formalities for listingand commencement of trading at the BSE are taken within 12 evant Stock Exchange(s).Working Days from the Issue Closure Date.Withdrawal of Applications after the Issue PeriodFor the avoidance of doubt, it is hereby clarified that in the eventof non subscription to any one or more of the Series of Bonds,In case an Applicant wishes to withdraw an Application after thesuch Bonds with Series of Bonds shall not be listed.Issue Closing Date, the same can be done by submitting a withdrawalrequest to the Registrar to the Issue prior to the finalizationof the Basis of Allotment.61. Undertakings by the IssuerWe undertake that:Pre-closure: Our Company, in consultation with the Lead Managersreserves the right to close the Issue at any time prior to thea) the complaints received in respect of the Issue (except forcomplaints in relation to Applications submitted to Trading Issue Closing Date (subject to full subscription of the Retail IndividualInvestor Portion prior to such early closure). Our CompanyMembers) shall be attended to by us expeditiously and satisfactorily;shall allot Bonds with respect to the Applications received till theb) we shall take necessary steps for the purpose of getting the time of such pre-closure in accordance with the Basis of AllotmentBonds listed within the specified time;as described hereinabove and subject to applicable statu-c) the funds required for dispatch of refund orders/ allotment tory and/or regulatory requirements.advice/ certificates by registered post shall be made available 63. Pre-Issue Advertisementto the Registrar by our Company;Our Company will issue a statutory advertisement on or befored) necessary cooperation to the credit rating agencies shall be the Issue Opening Date. This advertisement will contain the informationextended in providing true and adequate information until theas prescribed under the SEBI Debt Regulations. Mate-debt obligations in respect of the Bonds are outstanding; rial updates, if any, between the date of filing of the Prospectuse) we shall forward the details of utilisation of the funds raised Tranche – I with the RoC and the date of release of this statutoryadvertisement will be included in the statutory advertisement.<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong> 29
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”DETAILS PERTAINING TO THE COMPANYGENERAL INFORMATIONOur Company was incorporated as Housing and Urban DevelopmentFinance Corporation Private Limited on April 25, 1970 as aprivate limited company under the Companies Act and was granteda certificate of incorporation by the then Registrar of Companies,Delhi. Subsequently the name of our Company was changed to itspresent name and a fresh certificate of incorporation dated July 9,1974 was issued by the then Registrar of Companies, Delhi andHaryana. For further details, see the section titled “History andCertain Corporate Matters” on page 72 of the Shelf Prospectus.Our Company was notified as a public financial institution underSection 4A of the Companies Act, on December 9, 1996. The Presidentof India holds 100% of the paid up equity share capital of ourCompany, either directly or through nominee shareholders.Registered and Corporate OfficeHUDCO Bhawan, Core- 7A, India Habitat CentreLodhi Road, New Delhi - 110003Telephone: +91 11 2464 9610, Facsimile: +91 11 2464 8179Website: www.hudco.orgRegistrationDetailsRegistration/Identification numberCompany registration number 005276CINU74899DL1970GOI005276NHB registration classifying the Company 01.0016.01as housing finance companyAddress of the Registrar of CompaniesThe Registrar of CompaniesNational Capital Territory of Delhi and Haryana4 th Floor, IFCI Tower, 61, Nehru PlaceNew Delhi 110 019, IndiaTelephone: +91 11 2623 5704, Facsimile: +91 11 2623 5702CAPITAL STRUCTUREDetails of equity share capitalThe following table lays down details of our authorised, issued,subscribed and paid up Equity Share capital as on June 30, 2013.ParticularsAuthorised share capital25,000,000 Equity Shares 2,500.00Issued, subscribed and paidup Equity Share capital20,019,000 Equity Shares 2,001.90Securities premium account NILAggregate value(` in crores)Name/DIN/Address/ Nationality Date of Designation OtherOccupation Appointment DirectorshipsMr. Veerappa Indian April 11, 2011 Chairman and • Bangalore Metro RailParameshwarappa Managing Corporation LimitedBaligar Director • Delhi Mumbai IndustrialDIN: 00850615Corridor DevelopmentAddress: Flat No. 235,Corporation LimitedMalwa Singh Block,Khelgaon Marg, AsianGames Village Complex,New Delhi – 110049Occupation: ServiceMr. Nand Lal Manjoka Indian April 11, 2013 Director -DIN: 06560566Address: C-28, Ground Floor,Jungpura (Near SanatanDharam Mandir) SO,New Delhi – 110014Occupation: ServiceMr. Anil Kumar Kaushik Indian May 30, 2013 Director -DIN: 06600755Address: P-290, Sector 12,Pratap Vihar,Ghaziabad-201009,Uttar PradeshOccupation: ServiceMr. Karan Bir Singh Indian August 30, Director • Hindustan Prefab LimitedSidhu 2013DIN: 03128133Address: House no. 60,Sector 19A,Chandigarh - 160019Occupation: ServiceMr. Naresh Salecha Indian January 2, Director • Hindustan Prefab LimitedDIN: 00843812 2013 • National BuildingAddress: 253/2A,Construction CorporationRailway Colony,LimitedPanchkuian Road,• Kolkata Metro RailNew DelhiOccupation: ServiceCorporation Limited• Delhi Metro RailCorporation LimitedProf. Dinesh Indian January 16, Director Bhikhubhai Mehta 2012DIN: 01957927Address: 501/A,Shantanu Apartments,Azad Society, Ahmedabad,Gujarat- 380 015Occupation: EmeritusprofessorshipMr. Virender Ganda Indian February 9, Director -DIN: 01013057 2012Address: ‘Vishvas’ C-20,South Extension, Part-II,New Delhi-110049Occupation: ProfessionalProf. Sukhadeo Thorat Indian October 10, Director -DIN: 06414412 2012Address: House No. 23,Dakshina Puram Campus,Jawahar lal Nehru University,New Delhi - 110067Occupation: ProfessionalFor further details, please refer section “Our Management” onpage 76 of the Shelf Prospectus.Debt Equity RatioDetails of change in authorized share capitalThere have been no changes in our authorised Equity Share capitalin the last five years.For further details, please refer section “Capital Structure” onpage 43 of the Shelf Prospectus.OUR MANAGEMENTBoard of DirectorsPursuant to the Articles of Association, our Company is requiredto have not less than three and not more than ten Directors. Currently,our Company has eight Directors on the Board out of which The long term debt to equity ratio of our Company prior to thisLong term debt to equity ratio:three are executive Directors, two are government nominee nonexecutiveDirectors and three are independent Directors. crores, and shareholders’ funds, amounting to ` 6,427.11 croresIssue is based on a total long term outstanding debt of ` 16,739.52The following table sets forth details regarding the Board as on which was 2. 60 times as on March 31, 2013 The long term debt todate of the Shelf Prospectus.equity ratio post the Issue (considering full subscription of `5,000 crores, being the amount allocated by CBDT for our Com-30 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”pany to raise through the Bonds), based on a total long termoutstanding debt of ` 21,739.52crores and shareholders’ funds of` 6,427.11 crores, will be 3.38 times, the details of which are asunder:(In ` crores)Particulars Prior to the Issue Post-Issue *(as on March 31, 2013)DebtShort term debt 2,127.99 2,127.99Long term debt 16,739.52 21,739.52Total debt 18,867. 51 23,867. 51Shareholders’ fundShare capital 2,001.90 2,001.90Reserves and surplus** excluding 4,425.21 4,425.11revaluation reserve, CSR, WelfareReserve, Sustainable DevelopmentReserve and R&D reserveTotal shareholders’ funds 6,427.11 6,427.11Long term debt/ equity 2.60 3.38Total debt/ equity 2.94 3.71*Assuming that entire amount allocated through the CDBT Notificationbeing ` 5,000.00 crore (including `190.80 crore raisedby way of private placement of tax free bonds allotted on September2, 2013) will be fully subscribed and there is no changein our shareholders’ funds, long and short term debt.**excluding revaluation reserve, CSR, Welfare Reserve, SustainableDevelopment Reserve and R&D reserveSUMMARY FINANCIAL INFORMATIONStatement of Assets & Liabilities(` in crore)S . Particulars As at 31 st As at 31 st As at 31 st As at 31 st As at 31 stNo. March 2013 March 2012 March 2011 March 2010 March 2009I EQU ITY <strong>AND</strong> LIAB ILIT IES(1) Share Holders’ Funds(a) Share Capital 2, 00 1. 90 2, 00 1. 90 2, 00 1. 90 2, 00 1. 90 2, 00 1. 90(b) Reserves and Surplus 4, 51 2. 06 3, 98 6. 99 3, 51 9. 07 3, 09 5. 19 2, 66 5. 96Sub-Total (1) 6 , 5 1 3 . 9 6 5 , 9 8 8 . 8 9 5 , 5 2 0 . 9 7 5 , 0 9 7 . 0 9 4 , 6 6 7 . 8 6(2) Non-current L iabilities(a) Long-term Borrowings 13 ,50 4. 40 13 ,71 3. 59 9, 53 1. 54 11 ,25 5. 93 14 ,71 8. 72(b) Deferred Tax Liabilities (Net) 4 16 .3 9 3 50 .3 7 2 81 .8 5 2 37 .3 6 2 34 .3 9(c) Other Long-term Liabilities 1 04 .1 5 5 1. 7 4 1 19 .7 1 1 28 .9 0 1 96 .0 8(d) Long-term Provisions 2 19 .2 3 2 11 .8 3 1 63 .4 0 1 43 .0 1 1 68 .4 3Sub-Total (2) 1 4 , 2 4 4 . 1 7 1 4 , 3 2 7 . 5 3 1 0 , 0 9 6 . 5 0 1 1 , 7 6 5 . 2 0 1 5 , 3 1 7 . 6 2(3) Current Liabilities(a) Short-term Borrowings 4 8. 5 4 - 1 00 .0 0 2 20 .0 0 -(b) Trade Payable 1 8. 7 8 3 1. 1 0 1 0. 7 2 1 0. 4 6 1 0. 1 5(c) Other Current Liabilities 5, 89 4. 90 6, 92 8. 91 6, 86 1. 00 4, 82 1. 53 5, 26 4. 41(d) Short-term Provisions 2 28 .8 0 2 17 .0 5 1 47 .7 4 6 9. 1 4 5 3. 2 2Sub-Total (3) 6 , 1 9 1 . 0 2 7 , 1 7 7 . 0 6 7 , 1 1 9 . 4 6 5 , 1 2 1 . 1 3 5 , 3 2 7 . 7 8Total (1+2+3) 2 6 , 9 4 9 . 1 5 2 7 , 4 9 3 . 4 8 2 2 , 7 3 6 . 9 3 2 1 , 9 8 3 . 4 2 2 5 , 3 1 3 . 2 6II A S SE T S(1) Non-current Assets(a) Fixed Assets(i) Tangible Assets 7 1. 0 6 7 1. 3 7 7 4. 2 0 6 8. 8 8 7 1. 9 5(ii) Intangible Assets - 0 .0 1 0 .0 1 0 .0 1 0 .0 2(iii) Capital work-in-progress 1 7. 6 5 1 3. 8 7 1 1. 8 1 9 .5 8 9 .0 78 8 . 7 1 8 5 . 2 5 8 6 . 0 2 7 8 . 4 7 8 1 . 0 4(b)Non-current Investments 6 83 .9 8 8 13 .9 8 1, 22 3. 98 1, 29 8. 98 1, 52 3. 98(c) Long-term Loans and Advances 21 ,14 1. 78 19 ,11 1. 64 16 ,36 6. 74 14 ,80 3. 89 16 ,48 2. 28(d) Other Non-current Assets - - 6 .4 0 1 .8 5 -Sub-Total (1) 2 1 , 9 1 4 . 4 7 2 0 , 0 1 0 . 8 7 1 7 , 6 8 3 . 1 4 1 6 , 1 8 3 . 1 9 1 8 , 0 8 7 . 3 0(2) Current Assets(a) Current Investments - 4 10 .0 0 7 5. 0 0 2 25 .0 0 5 19 .2 1(b) Trade Receivable 1 0. 6 0 1 2. 5 2 1 6. 5 7 1 2. 1 5 2 1. 8 2(c) Cash and Bank Balances 6 96 .7 7 2, 77 8. 84 7 16 .2 0 7 55 .8 6 1, 05 2. 38(d) Other Current Assets 4, 32 7. 31 4, 28 1. 25 4, 24 6. 02 4, 80 7. 22 5, 63 2. 55Sub-Total (2) 5, 03 4. 68 7, 48 2. 61 5 , 0 5 3 . 7 9 5 , 8 0 0 . 2 3 7 , 2 2 5 . 9 6Total (1+2) 2 6 , 9 4 9 . 1 5 2 7 , 4 9 3 . 4 8 2 2 , 7 3 6 . 9 3 2 1 , 9 8 3 . 4 2 2 5 , 3 1 3 . 2 6Statement of Profits(` in crore)S . Particulars Year Ended Year Ended Year Ended Year Ended Year EndedNo. 31 st March 31 st March 31 st March 31 st March 31 st March2 0 1 3 2 0 1 2 2 0 1 1 2 0 1 0 2009I I nc om eII Revenue from Operations 2, 86 6. 35 2, 73 8. 36 2, 26 3. 46 2, 42 1. 80 2, 69 7. 93III Other Income 5 6. 8 9 4 0. 2 7 1 5. 1 3 1 06 .5 5 1 5. 2 5IV Total R evenue (II+III) 2 , 9 2 3 . 2 4 2 , 7 7 8 . 6 3 2 , 2 7 8 . 5 9 2 , 5 2 8 . 3 5 2 , 7 1 3 . 1 8V E xp en se s(i) Finance Cost 1, 56 7. 92 1, 62 9. 08 1, 27 3. 27 1, 41 3. 76 1, 90 4. 14(ii) Employee Benefits Expense 1 22 .3 0 1 10 .5 2 1 14 .4 5 9 2. 4 8 7 5. 7 5(iii) Depreciation and Amortisation 4 .9 6 4 .6 0 1 1. 4 2 4 .5 2 4 .6 7(iv) Other Expenses 5 0. 6 8 5 0. 6 4 2 9. 4 0 2 3. 2 7 2 4. 2 8(v) Provision on Loans 1 33 .0 0 3 7. 1 8 2 7. 8 0 2 10 .6 7 -65.35(vi) Provision on Debtors/recoverables, 2 .3 9 6 .7 1 1 .4 3 0 .1 4 0 .1 5other loans and advances(vii) Provision on Investment - - - - 0 .1 6Total E xpenses (V) 1 , 8 8 1 . 2 5 1 , 8 3 8 . 7 3 1 , 4 5 7 . 7 7 1 , 7 4 4 . 8 4 1 , 9 4 3 . 8 0VI Profit before exceptional, 1, 04 1. 99 9 39 .9 0 8 20 .8 2 7 83 .5 1 7 69 .3 8extraordinary Items and tax (IV-V)VII Exceptional Items - - - - -VIII Profit before extraordinary Items 1 , 0 4 1 . 9 9 9 3 9 . 9 0 8 2 0 . 8 2 7 8 3 . 5 1 7 6 9 . 3 8and tax (V I-VII)IX Extraordinary Items - - - - -X Prior period adjustments 1 9. 7 1 0 .0 7 0 .2 9 0 .8 7 6 .2 5XI Deferred Tax Liability for prior - - - - (120.96)years transferred to General ReserveXII Profit Before Tax (VIII-IX-X) 1 , 0 6 1 . 7 0 9 3 9 . 9 7 8 2 1 . 1 1 7 8 4 . 3 8 6 5 4 . 6 7XIII Tax Expense(i) Current tax -295.50 (250.00) (223.79) (267.71) (184.41)(ii) Deferred tax (6 6. 01 ) (68.52) (44.49) (2.97) (71.07)(iii) Fringe benefit tax - - - - (0.85)(iv) Adjustment of tax of 0 .3 7 8 .8 8 (2.80) (18.39) 2 .6 5earlier years (Net)Total Tax Expense XII (i+ii+iii) ( 36 1 . 14 ) ( 30 9 . 64 ) ( 27 1 . 08 ) ( 28 9 . 07 ) ( 25 3 . 68 )XIV Profit for the period (XI+X II) 7 0 0 . 5 6 6 3 0 . 3 3 5 5 0 . 0 3 4 9 5 . 3 1 4 0 0 . 9 9X VEarnings per Share( Face value ` 1000 )(Refer S.No 16 of Note No 26 -Explanatory Notes)(1) Basic 3 4 9 . 9 5 3 14 .8 7 2 74 .7 5 2 47 .4 2 2 00 .3 0(2) Diluted 3 4 9 . 9 5 3 14 .8 7 2 74 .7 5 2 47 .4 2 2 00 .3 0Note: The Notes referred to above form an integral part of theFinancial Statements. For further details of Financial Information, please refer to Annexure - A of the Shelf Prospectus. For limitedreview Financial for the three months ended June 30, 2013 pleaserefer to page 102 of the Shelf Prsopectus.<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>31
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”LEGAL <strong>AND</strong> OTHER INFORMATIONREGULATIONS <strong>AND</strong> POLICIESFor details, please refer section ‘Regulations and Policies’ on page68 of the Shelf Prospectus.OUTST<strong>AND</strong>ING LITIGATIONExcept as described below, there are no criminal prosecutions, taxproceedings and other outstanding litigations against our Companythat may have a material adverse effect on our business, andthere are no pending criminal prosecutions launched against ourDirectors.A. Criminal proceedings against our Company1. M/s. Blue Heavens Agro Industries Limited (“Blue Heavens”)has filed a complaint (No. 39(C)/2010) against our Company,M/s. Friendly Estate and Essentials Private Limited(“Friendly”), one of our regional managers, and others, beforethe CJM, Patna alleging that one of our regional managershad conspired to sanction a loan to Friendly in violation ofthe terms of the development agreement entered into betweenBlue Heavens and the land owners of the building over whichdevelopment was undertaken. The CJM, Patna has taken cognizanceof the complaint under sections 420, 406, 467, 471 readwith 120B of the IPC. The matter is currently pending.2. The Union of India, through the Labour Enforcement Officer(Central) has filed a complaint (No. 1342-C/2010) against ourCompany and certain officials before the CJM, Patna allegingnon-compliance of the provisions of the Contract Labour(Regulation & Abolition) Act, 1970 including failure to registerthe establishment with the appropriate government. Thematter is currently pending. Our Company has now compliedwith the relevant requirements as verified by the complianceverification report dated October 3, 2011 issued by the LabourEnforcement Officer, Patna. The complaint is yet to be formallydisposed of.3. M/s. Goswami Developers Private Limited has filed a complaint(No. 1473-C/2009) against our Company and certain ofits employees before the CJM, Patna alleging among otherthings, criminal breach of trust and cheating in relation to nondisbursal of a part of the loan sanctioned to it by our Company.The CJM, Patna has taken cognizance of the complaintunder sections 406, 420 and 120B of the IPC. Our Companyand its officials have filed a petition under section 482 of theCrPC before the High Court of Patna for quashing the order ofthe CJM, Patna taking cognizance of the complaint. The HighCourt of Patna has granted an interim stay on the order of theCJM, Patna taking cognizance. The matter is currently pendingfor hearing of the other side.B. Other material litigations involving our CompanyOur Company, in the ordinary course of its business, is involvedin legal proceedings including civil, arbitration, tax andlabour matters. Material litigation involving our Companywhich may adversely affect our business, (wherever quantifiable,involving an amount greater than ` 27 crores which isless than 1% of the total revenue of our Company for theFiscal 2013 and 1% of the net worth of our Company as onMarch 31, 2013) are disclosed below.Arbitration, writ and other matters of civil nature1. Our Company has filed an application (No. 56 of 2006) againstMr. Chandrakant Raghunath Patil, of C.R. Patil Estate and others,before the DRT, Ahmedabad to recover an amount of `3,56,90,890 which was outstanding on loans given by ourCompany. The defendants have filed a counter-claim datedJanuary 4, 2008 claiming an amount of ` 96.24 crores in lieu of,among other things, amounts not disbursed, fees paid, andloss of projected profits. Mr. C.R.Patil has submitted a proposaldated January 9, 2012 for settlement of dues and hassubsequently paid the entire outstanding amount to our Company.The matter is currently pending.2. Our Company has filed a contempt petition (No. 224 of 2008)against the Municipal Corporation of Delhi (“MCD”) beforethe Supreme Court of India alleging non compliance of itsearlier order directing MCD to pay an amount of ` 24.47 croresto our Company as excessive property tax and interest thereon.The MCD filed a counter affidavit dated March 18, 2009 pleadingfor a set-off of ` 27.92 crores as tax payable from the periodallegedly not covered by the order of the Supreme Court. Subsequently,the MCD has now issued a demand notice datedJanuary 2, 2013 revising the demanded amount to ` 84.27 croresagainst which notice, a writ petition (no. 467/2013) has beenfiled by our Company in the High court of Delhi (writ petitionno. 467/2013) praying for appropriate writ and other directionsto quash the demand notice dated January 2, 2013. The HighCourt, by an order dated March 31, 2013, has stayed the operationof the demand notice dated January 2, 2013 and directedour Company to deposit ` 7 crore with the MCD pendingfinal orders which has subsequently been deposited bythe Company. The matter is currently pending.3. MS Shoes East Limited (“MSSEL”) filed a case (No. 2/1997)against our Company before the Additional District Judge,Delhi challenging the cancellation of the allotment of 9 blocksof guest houses, restaurants, kitchens and shops to MSSELby our Company and praying for recovery of possession ofthe aforementioned properties. The case was subsequentlytransferred to the High Court of Delhi pursuant to its orderdated December 17, 2003 and consequently renumbered asNo. 1551/2005. Our Company has filed an application datedDecember 10, 2008 for rejection of plaint. The matter has beenreferred for mediation by the High Court of Delhi vide orderdated November 8, 2012. The matter is currently pending.4. MSSEL has filed a suit (No. 1 of 1997) against our Companybefore the Senior Civil Judge, New Delhi (“SCJ”) challengingthe cancellation of allotment of a hotel plot to MSSEL by ourCompany. The SCJ pursuant to its order dated July 3, 2010 hasinvalidated the cancellation of the hotel plot by our Company.Our Company has filed an appeal dated August 14, 2010 beforethe District Judge, New Delhi. Subsequently, the AdditionalDistrict Judge, Saket has, by an order dated November23, 2012, referred the matter for mediation with the Delhi HighCourt Mediation and Conciliation Centre (“DHCMC”). Thematter is currently pending at the DHCMC.5. The Centre for Public Interest Litigation (“CPIL”) has filed awrit petition (No. 573 of 2003) against our Company and othersbefore the Supreme Court of India alleging among other32 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”things, arbitrary use of power in the sanctioning of loansamounting to ` 14,500 crores, release of ` 8,500 crores, subscriptionin privately placed debentures of ` 1250 crores andwrite off of ` 550 crores in financial year 2002-03. CPIL prayedfor an investigation by an independent investigative agencyinto the affairs of our Company, among other reliefs. Pursuantto the above, the Central Vigilance Commission (“CVC”) conducteda vigilance audit, enquiry and submitted a report datedMarch 27, 2006 reporting irregularities in certain lending decisionsof our Company. Our Company has filed objections datedSeptember 20, 2006 against the report of the CVC before theSupreme Court. The matter is currently pending.6. The International Human Rights Association has filed a writpetition (No. 8254 of 2010) against the Union of India, ourCompany and others alleging irregularities in the award of acontract to Samadhan Sewa Samiti, a non-governmentalorganisation for the construction of toilets for the urban poorand in the rural areas under the Integrated Low Cost SanitationScheme, a project appraised by our Company. The matteris currently pending.7. M/s North Eastern India Trust for Education and Development,the petitioners in the case, has filed a contempt petition(W.A.(SH) No. 10 of 2012) before the high court of Gauhatiagainst Mr. V.P.Baligar, in his capacity as the Chairman andManaging Director of our Company and the regional chief ofour Company’s Guwahati regional office, for alleged non complianceof the order dated April 27, 2012 of the Gauhati highcourt for one time settlement with the petitioners. The Courthas issued a notice dated September 24, 2012 ((C)(SH)No.26/2012/1400-1401) seeking reasonable cause for not initiatingproceedings under the Contempt of Court Act, 1971. The matteris currently pending.Service matters1. Mr. A.N. Gupta filed a writ petition (No. 6972 of 2002) againstthe Public Enterprises Selection Board, our Company and othersbefore the High Court of Delhi challenging the terminationof his services as Director (Finance) in our Company. TheHigh Court of Delhi, pursuant to an order dated May 8, 2003dismissed the petition. Against this order, the petitioner preferreda letters patent appeal (No. 398 of 2003) before the divisionbench of the High Court of Delhi, which was also dismissedpursuant to its order dated February 7, 2006. Mr. Guptasubsequently filed a review petition (No. 121/2006 in LPA No.398/2003) before the High Court of Delhi, which was also dismissedpursuant to order dated March 24, 2006. Mr. Gupta hasnow filed a special leave petition dated June 27, 2006 beforethe Supreme Court of India against the orders dated February7, 2006 and March 24, 2006 of the High Court of Delhi. Thematter is currently pending.2. Mr. Kulwant Singh filed a writ petition (No. 16002 of 2006)against our Company before the High Court of Delhi challenginghis removal from service from our Company. The petitionwas transferred to the Central Administrative Tribunal, NewDelhi (“CAT”), which pursuant to its order dated November29, 2010 quashed the order of removal and directed for paymentof among other things, gratuity, full pay and allowancesduring the period of suspension. Our Company filed a writpetition (No. 756 of 2011) before the High Court of Delhi againstthe order of the CAT. In the meanwhile, the CAT initiatedcontempt proceedings (CP(C) 305/2011) against the ex-chairmanand managing director of our Company for non complianceof its order dated November 29, 2010. The High Court ofDelhi, pursuant to order dated April 5, 2011 has stayed thecontempt proceedings pending before CAT till the writ petitionis disposed of. The matters are currently pending.Tax matters1. The Additional Commissioner of Income Tax, New Delhi(“ACIT”) passed an assessment order dated December 28,2007 against our Company disallowing an amount of ` 55.87crores claimed as expenses in relation to, among other things,interest accrued but not due on foreign currency loans andrevenue derecognisation in accounts in the assessment year2005-06. Against this assessment order, our Company has filedan appeal before the Commissioner of Income Tax (Appeals)which was partly allowed pursuant to an order dated January11, 2012. Our Company has filed an appeal before the IncomeTax Appellate Tribunal, New Delhi against the said order. Thematter is currently pending.2. The ACIT passed an assessment order dated February 28,2005 against our Company demanding an additional amountof ` 24.78 crores as tax and penalty payable for assessmentyear 2003-04 with respect to, among other things, prior periodexpenditure, interest accrued but not due on foreign currencyloans and financial charges written off. Against this assessmentorder, our Company filed an appeal before the Commissionerof Income Tax (Appeals) which was partly allowed pursuantto an order dated January 31, 2006. Against this order,our Company has filed an appeal before the Income Tax AppellateTribunal, New Delhi. The matter is currently pending.3. The ACIT passed an assessment order dated March 19, 2004against our Company demanding an additional amount of `21.76 crores as tax and penalty payable for assessment year2002-03 with respect to among other things, interest accruedbut not due on foreign currency loans and financial chargeswritten off and deductions made on account of interest payableto the government. Against this assessment order, ourCompany filed an appeal before the Commissioner of IncomeTax (Appeals) which was partly allowed pursuant to orderdated January 30, 2006. Our Company has filed an appeal beforethe Income Tax Appellate Tribunal, New Delhi. The matteris currently pending.4. The DCIT passed an assessment order dated March 28, 2013against our Company demanding an additional amount of `133.11 crores as tax and penalty payable for assessment year2007-08 with respect, to among other things, additions undersection 14 A of the IT Act, disallowance of provision of salaryfor the purpose of pay revision and decline in profits due tochange in accounting policies. Against this assessment order,our Company filed an appeal before the Commissioner of IncomeTax (Appeals). The matter is currently pending.5. The ACIT passed an assessment order dated March 30, 2013against our Company demanding an additional amount of `68.07 crores as tax and penalty payable for assessment year2010-11 with respect to among other things, additions under<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>33
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”section 14 A of the IT Act, revenue derecognition in accountsand financial charges written off and expenditure on grant-inaid.Against this assessment order, our Company filed an appealbefore the Commissioner of Income Tax (Appeals). Thematter is currently pending.MATERIAL <strong>DEVELOPMENT</strong>SMaterial developments post March 31, 2013The following are the material developments of our Companyafter March 31, 2013, i.e. the date of the last audited financialstatements of the Company:1. The Company has obtained refinance assistance of `500 croresunder the Rural Housing Fund sanctioned by the NHB. Forfurther details, see the section titled “Financial Indebtedness- Refinance Assistance from National Housing Bank” on page87 of the Prospectus Tranche -1.2. The Company has made allotment of unsecured, non-convertible,redeemable taxable bonds to various classes of investorson private placement basis. For further details, see thesection titled “Financial Indebtedness – Taxable Bonds” onpage 90 of the Prospectus Tranche -1.3. The Company has issued commercial paper amounting to `300 crore in the nature of usance promissory notes. For furtherdetails, see the section titled “Financial Indebtedness –Commercial Paper” on page 95 of the Prospectus Tranche -1.4. In pursuance of the CBDT Notification, our Company has, onSeptember 2, 2009, allotted tax free secured non-cumulativeredeemable non-convertible bonds of face value of ` 10,00,000each in the nature of debentures having tax benefits undersection 10 (15) (iv) (h) of the Income Tax Act aggregating to `190.80 crore, by way of private placement through the bookbuilding process (“2013 Private Placement”). The 2013 PrivatePlacement opened on August 29, 2013 and closed onAugust 30, 2013.5. For unaudited quarterly results of our Company for the threemonths ended June 30, 2013 please refer to page 102 of theShelf Prospectus.OTHER REGULATORY <strong>AND</strong> STATUTORY DISCLOSURES64. Eligibility to make the IssueOur Company, the persons in control of our Company or the promoterhave not been restrained, prohibited or debarred by SEBIfrom accessing the securities market or dealing in securities andno such order or direction is in force.65. ConsentsConsents in writing of the Directors, the Compliance Officer, theStatutory Auditors, Bankers to the Company, Escrow CollectionBanks/ Bankers to the Issue, Lead Managers, Consortium Members,Registrar to the Issue, Legal Counsel to the Company as toIndian law, Credit Rating Agencies and the Debenture Trustee forthe Bondholders, to act in their respective capacities, have beenobtained and shall be filed along with a copy of the ProspectusTranche-I with the RoC.Our Company has appointed SBICAP Trustee Company Limitedas Debenture Trustee under regulation 4(4) of the SEBI Debt Regulations.The Debenture Trustee has given its consent to our Companyfor its appointment which is enclosed as Annexure C.66. Expert OpinionExcept for the letters dated September 9, 2013 and September 6,2013 issued by CARE and IRRPL, respectively, in respect of thecredit rating for the Bonds, and the report on Reformatted AuditedFinancial Statements dated August 29, 2013 and the statementof tax benefits dated August 29, 2013 issued by our StatutoryAuditors, our Company has not obtained any expert opinionsin respect of the Issue.67. Common Form of TransferThere shall be a common form of transfer for the Bonds held inphysical form and relevant provisions of the Companies Act andall other applicable laws shall be duly complied with in respect ofall transfer of the Bonds and registration thereof.68. Minimum SubscriptionUnder the SEBI Debt Regulations, our Company may stipulate aminimum subscription amount which it seeks to raise. Our Companyhas decided to set no minimum subscription for the Issue.69. No Reservation or DiscountIn terms of the CBDT Notification, 40% of the total Issue size shallbe earmarked towards Investors from Category IV. Apart fromsuch reservation, there is no reservation in this Issue nor will anydiscount be offered in this Issue, to any category of investors.70. Previous Public Issues by our Company during last five years1. On March 7, 2012, our Company issued and allotted 4.68 croretax free bonds, in the nature of secured, redeemable non-convertibledebentures (“2012 Bonds”) at a price of ` 1,000 per2012 Bond, amounting to an aggregate of ` 4,684.72 crore pursuantto a public offering under the SEBI Debt Regulationswhich opened on January 27, 2012 and closed on February10, 2012 (“2012 Bonds Issue”). The electronic credit of the2012 Bonds to investors pursuant to the 2012 Bonds Issuewas completed on March 10, 2012 (March 8, 2012 was a holiday).Furthermore, letters of allotment for the 2012 Bonds weredispatched to all investors (who had applied for allotment ofthe 2012 Bonds in physical form) on March 12, 2012. The 2012Bonds were listed on the Stock Exchanges on March 20, 2012.2. On February 16, 2013, our Company issued and allotted 2.194crore tax free bonds, in the nature of secured, redeemable nonconvertibledebentures (“2013 Tranche – I Bonds”) at a priceof ` 1,000 per 2013 Tranche – I Bond, amounting to an aggregateof ` 2193.4 crore pursuant to a public offering under theSEBI Debt Regulations which opened on January 9, 2013 andclosed on February 7, 2013 (“2013 Tranche – I Bonds Issue”).The electronic credit of the 2013 Tranche – I Bonds to investorspursuant to the 2013 Tranche – I Bonds Issue was completedon February 18, 2013. Furthermore, letters of allotmentfor the 2013 Tranche – I Bonds were dispatched to all investors(who had applied for allotment of the 2013 Tranche – IBonds in physical form) on February 19, 2013. The 2013Tranche – I Bonds were listed on the NSE and BSE on February21, 2013 and April 3, 2013, respectively (the listing of the2013 Tranche – I Bonds at BSE was effected along with the2013 Tranche – II Bonds (as defined hereinafter)).3. On March 28, 2013, our Company issued and allotted 0.207crore tax free bonds, in the nature of secured, redeemable nonconvertibledebentures (“2013 Tranche – II Bonds”) at a price34 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”of ` 1,000 per 2013 Tranche – II Bond, amounting to an aggregateof ` 207.01 crore pursuant to a public offering under theSEBI Debt Regulations which opened on February 21, 2013and closed on March 18, 2013 (“2013 Tranche – II BondsIssue”). The electronic credit of the 2013 Tranche – II Bondsto investors pursuant to the 2013 Tranche – II Bonds Issuewas completed on March 28, 2013. Furthermore, letters of allotmentfor the 2013 Tranche – II Bonds were dispatched to allinvestors (who had applied for allotment of the 2013 Tranche– II Bonds in physical form) on March 30, 2013. The 2013Tranche – II Bonds were listed on the Stock Exchanges onApril 3, 2013.71. Commission or Brokerage on Previous Public Issues1. An amount of ` 20.51 crores was incurred towards lead managementfees, and selling commission in connection with the2012 Bonds Issue.2. An amount of ` 7.22 crores was incurred towards lead managementfees, and selling commission in connection with the2013 Tranche – I Bonds Issue.3. An amount of ` 1.17 crores was incurred towards lead managementfees, and selling commission in connection with the2013 Tranche – II Bonds Issue.72. Change in auditors of our Company during the last threeyearsName Address Date of appointment/ Auditor ofresignation/ cessation the CompanysinceAgiwal & Associates Lal Kothi, 2nd Floor, 3830, July 29, 2013 August 12, 2009Pataudi House Road ,Darya Ganj,New Delhi - 110 002Dhawan & Co., 312, Wegmans House, 21 Veer July 29, 2013 July 29, 2013Chartered Accountants Savarkar Block, Shakarpur,New Delhi – 110 09273. Revaluation of assetsOur Company has not revalued its assets in the last five years.74. Utilisation of ProceedsThe funds proposed to be raised through the Issue shall be utilizedtowards lending purposes, working capital requirements,augmenting the resource base of our Company and other operationalrequirements. For more information pertaining to utilisationof proceeds, see the section titled “Objects of the Issue” on page28 of the Prospectus Tranche -1.75. Statement by the Board of Directors(i) All monies received out of the Issue shall be transferred to aseparate bank account other than the bank account referredto in sub-section (3) of section 73 of the Companies Act;(ii) Details of all monies utilised out of the Issue referred to insub-item (i) shall be disclosed under an appropriate separatehead in our Balance Sheet indicating the purpose for whichsuch monies were utilised; and(iii) Details of all unutilised monies out of the Issue referred to insub-item (i), if any, shall be disclosed under an appropriateseparate head in our Balance Sheet indicating the form in whichsuch unutilised monies have been invested.The funds raised by us from previous issues of bonds havebeen utilised for our business as stated in the respective offerdocuments.76. Disclaimer clause of BSE“BSE Limited (“the Exchange”) has given vide its letter datedSeptember 6, 2013, permission to the Company to use theExchange’s name in this offer document as one of the stock exchangeson which this company’s securities are proposed to belisted. The Exchange has scrutinized this offer document for itslimited internal purpose of deciding on the matter of granting theaforesaid permission to the Company. The Exchange does not inany manner: -a) warrant, certify or endorse the correctness and completenessof any of the contents of this offer document; orb) warrant that this Company’s securities will be listed or willcontinue to be listed on the Exchange; orc) take any responsibility for the financial or other soundness ofthis Company, its promoters, its management or any schemeor project of this Company;and it should not for any reason be deemed or construed thatthis offer document has been cleared or approved by the Exchange.Every person who desires to apply for or otherwiseacquires any securities of this Company may do so pursuant toindependent inquiry, investigation and analysis and shall nothave any claim against the Exchange whatsoever by reason ofany loss which may be suffered by such person consequent to orin connection with such subscription/ acquisition whether byreason of anything stated or ommitted to be stated herein or forany other reason whatsoever.”77. Disclaimer in Respect of JurisdictionThe Issue is being made in India, to Investors from Category I,Category II, Category III and Category IV. The Shelf Prospectusand the Prospectus Tranche- I will not, however constitute anoffer to sell or an invitation to subscribe for the Bonds offeredhereby in any jurisdiction other than India to any person to whomit is unlawful to make an offer or invitation in such jurisdiction.Any person into whose possession the Shelf Prospectus and theProspectus Tranche - I comes is required to inform himself orherself about, and to observe, any such restrictions.US disclaimerNothing in the Prospectus Tranche – I constitutes an offer ofsecurities for sale in the United States or any other jurisdictionwhere it is unlawful to do so. The Bonds have not been, and willnot be, registered under the U.S. Securities Act of 1933, as amended(“Securities Act”), or the securities laws of any state of the UnitedStates or other jurisdiction and the Bonds may not be offered orsold within the United States or to, or for the account or benefitof, U.S. Persons (as defined in Regulation S under the SecuritiesAct) except pursuant to an exemption from, or in a transaction notsubject to, the registration requirements of the Securities Act andapplicable state securities laws. The Issuer has not registered anddoes not intend to register under the U.S. Investment CompanyAct, 1940 in reliance on section 3(c)(7) thereof. The ProspectusTranche – I may not be forwarded or distributed to any otherperson and may not be reproduced in any manner whatsoever,and in particular, may not be forwarded to any U.S. Person or to<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>35
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”any U.S. address.Each other purchaser of the Bonds will be required to representand agree, among other things, that (i) such purchaser is a non-U.S. person acquiring the Bonds in an “offshore transaction” inaccordance with Regulation S, and (ii) any reoffer, resale, pledgeor transfer of the Bonds by such purchaser will not be made to aperson in the United States or to a person known by the undersignedto be a U.S. Person, in each case in accordance with allapplicable securities laws.EU disclaimerNo offer to the public (as defined under Directive 20003/71/EC,together with any amendments) and implementing measuresthereto, (the “Prospectus Directive”) has been or will be made inrespect of the Issue or otherwise in respect of the Bonds, in anymember State of the European Economic Area which has implementedthe Prospectus Directive except for any such offer madeunder exemptions available under the Prospectus Directive, providedthat no such offer shall result in a requirement to publish orsupplement a prospectus pursuant to the Prospectus Directive,in respect of the Issue or otherwise in respect of the Bonds.Any forwarding, distribution or reproduction of this document inwhole or in part is unauthorised. Failure to comply with this directivemay result in a violation of the Securities Act or the applicablelaws of other jurisdictions. Any investment decision should bemade on the basis of the final terms and conditions of the Bondsand the information contained in the Prospectus Tranche - I.78. Track Record of past issues handled by the Lead ManagersThe track record of past issues handled by Axis Capital Limited,Edelweiss Financial Services Limited, HDFC Bank Limited, KarvyInvestor Services Limited and RR Investors Capital Services PrivateLimited are available at www.axiscap.in,www.edelweissfin.com, www.hdfcbank.com, www.karvy.com andwww.rrfinance.com/www.rrfcl.com respectively.79. ListingThe Bonds will be listed on the BSE, the Designated Stock Exchange.The BSE has given its in-principle listing approval throughits letter dated Septemer 6, 2013.If the permission to list and trade the Bonds has not been grantedby the BSE, our Company shall forthwith repay, without interest,all such moneys received from the Applicant in pursuance of theProspectus Tranche –I. If any such money is not repaid withineight days after our Company becomes liable to repay it (expect ifsuch delays are on account of delay in postal channels of thecountry), our Company and every Director who is an officer indefault shall, on and from the expiry of the eighth day, be jointlyand severally liable to repay that money with interest at 15% perannum, as prescribed under section 73 of the Companies Act. OurCompany shall use best efforts to ensure that all steps for thecompletion of the necessary formalities for listing and commencementof trading at the BSE will be taken within 12 Working Daysfrom the Issue Closing Date.80. DividendFor details of dividends paid by our Company for the financialyears ended March 31, 2009, 2010, 2011, 2012 and 2013, see thesection titled “Annexure A – Financial Statements” on page 167of the Shelf Prospectus.81. Mechanism for redressal of investor grievancesKarvy Computershare Private Limited has been appointed as theRegistrar to the Issue to ensure that investor grievances arehandled expeditiously and satisfactorily and to effectively dealwith investor complaints.All grievances relating to the Issue should be addressed to theRegistrar to the Issue and the Compliance Officer giving full detailsof the Applicant, number of Bonds applied for, amount paidon application series/option applied for and Member of the Syndicate/TradingMember/SCSB to which the application was submitted.All grievances relating to the ASBA process may be addressed tothe Registrar to the Issue with a copy to either (a) the relevantDesignated Branch of the SCSB where the Application Form wassubmitted by the ASBA Applicant, or (b) the concerned Memberof the Syndicate and the relevant Designated Branch of the SCSBin the event of an Application submitted by an ASBA Applicant atany of the Syndicate ASBA Centres, giving full details such asname, address of Applicant, Application Form number, series/option applied for, number of Bonds applied for, amount blockedon Application.All grievances arising out of Applications for the Bonds madethrough Trading Members may be addressed directly to the relevantStock Exchange(s).RISK FACTORSYou should carefully consider all the information in the ShelfProspectus, including the risks and uncertainties described below,and in the sections titled “Our Business” on page 55 of theProspectus Tranche -1, as well as the financial statements containedin the Shelf Prospectus, before making an investment inthe Bonds. The risks and uncertainties described in this sectionare not the only risks that we currently face. Additional risksand uncertainties not known to us or that we currently believeto be immaterial may also have an adverse effect on our business,results of operations and financial condition. If any of thefollowing or any other risks actually occur, our business, prospects,results of operations and financial condition could beadversely affected and the price of, and the value of your investmentin, the Bonds could decline and you may lose all or part ofyour investment.The financial and other related implications of risks concerned,wherever quantifiable, have been disclosed in the risk factorsmentioned below. However, there are certain risk factors wheresuch implications are not quantifiable and hence any quantificationof the underlying risks has not been disclosed in such riskfactors. The numbering of risk factors has been done to facilitatethe ease of reading and reference, and does not in any mannerindicate the importance of one risk factor over another. You shouldconsult your tax, financial and legal advisors about the particularconsequences to you of an investment in the Bonds.Unless otherwise stated, our financial information used in thissection is derived from our Reformatted Audited Financial Statements.RISKS IN RELATION TO OUR BUSINESS1. If the level of NPAs in our loan portfolio were to increase,our financial condition would be adversely affected.36 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”2. We may not be able to foreclose on or realise the value ofour collateral on a timely basis, or at all, when borrowersdefault on their obligations to us and this may have a materiallyadverse effect on our business, results of operationsand financial condition.3. Our business is vulnerable to interest rate volatility and wewill be impacted by any volatility in such interest rates inour operations, which could cause our net interest marginsto decline and adversely affect our profitability.4. We may not be able to successfully manage and maintainour growth, which could have a material adverse effect onour results of operations and financial condition.5. Any inability to meet our debt finance obligations may havean adverse effect on our business and results of operations.6. We face asset-liability mismatches which could affect ourliquidity and consequently may adversely affect our operationsand profitability.7. Financing of Indian housing and urban infrastructure sectoris very competitive and increasing competition may resultin declining margins and market shares.8. We may be unable to secure funding at competitive rates,which could adversely affect our growth, expansion and resultsof operations.9. We are currently involved in certain criminal proceedings,and any adverse decision in any of these proceedings mayhave an adverse effect on our business, results of operationsand financial condition.10. Our business may be adversely affected by future regulatorychanges.11. We have a limited history with respect to operating throughjoint ventures and certain other business lines and are subjectto all of the risks and uncertainties associated with commencingnew business lines in general.12. We have high loan concentrations with our top ten borrowerscontributing to 34.67% of our total loans outstanding ason March 31, 2013 and default by any one of them couldsignificantly affect our business.13. We are subject to certain restrictive covenants in our loandocuments, which may restrict our operations and ability togrow and may adversely affect our business.14. Our Directors may have interests in companies/entities similarto ours, which may result in a conflict of interest thatmay adversely affect future financing opportunity from referrals.15. We are involved in certain legal proceedings, which, if determinedagainst us, could adversely impact our businessand financial condition.16. We have experienced incidents of fraud in the past and mayexperience such frauds in the future as well, which may havean adverse effect on our business, results of operation andfinancial condition.17. In the event of our failing to meet the capital adequacy andstatutory liquidity requirements on account of any changesin the existing regulatory policy, our results of operationand financial condition could be severely affected.18. In the event that our contingent liabilities were to materialise,our financial condition could be adversely affected.19. We may be required to bear additional tax liability for previousassessment years, which could adversely affect ourfinancial condition.20. We are subject to risks arising from exchange rate fluctuationsand devaluation of the Indian rupee against any foreigncurrencies which could increase our cost of finance,thereby adversely affecting our results of operation and financialcondition.21. Borrowing for the purchase or construction of property maynot continue to offer borrowers the same fiscal benefits itcurrently offers, which would result in lower demand for ourhousing finance portfolio, and thereby, adversely affect ourbusiness.22. The upgrade of our Information Technology systems is due,and in the event such upgrade is unsuccessful or delayed,our business could be significantly affected.23. Our Registered Office is not owned by or leased to us, and inthe event we are unable to continue to operate from suchpremises, our business, financial condition and results ofoperation may be adversely affected.24. With regard to the composition of our Board, we are currentlynot in compliance, and have not been able to complyon certain occasions in the past, with guidelines issued bythe Department of Public Enterprises.25. Our statutory auditors have qualified their audit report onour financial statements in the past and any qualificationsin the auditor’s report in the future may impact our results ofoperations.26. Our profits and cashflows could be adversely affected uponthe approval of the ‘Voluntary Retirement Scheme 2013’ byour shareholders.27. We have negative cash flows in recent periods and an inabilityto generate and sustain positive cash flows in thefuture may adversely affect our business, results of operationand financial condition.28. Office copies of some of the forms required to be filed withthe RoC in the past with regard to certain corporate actionsare not traceable in our office as also with the RoC, whichmay affect our compliance with the Companies (Central Government)General Rules and Forms, 1956.29. We benefit from certain tax benefits available to us as apublic financial institution and if these benefits are no longeravailable to us, our business, financial condition, results ofoperations may be adversely affected.30. Loss of our key management personnel may have an adverseaffect on our business, results of operations, financialcondition and ability to grow.31. In the event that our insurance is not adequate to protect usagainst all potential losses to which we are exposed; ourbusiness, profitability and financial condition may be adverselyaffected.32. The proposed adoption of IFRS may result in our financialcondition and results of operations appearing materially<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>37
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”different than under Indian GAAP.RISKS IN RELATION TO THE BONDS33. Foreign investors, including NRIs and FIIs subscribing tothe Bonds are subject to risks in connection with exchangecontrol regulations and fluctuations in foreign exchangerates.34. The Bonds are classified as ‘tax free bonds’ eligible for taxexemption under Section 10(15)(iv)(h) of the Income TaxAct, up to an amount of interest on such bonds.35. There is no guarantee that the Bonds issued pursuant to thisIssue will be listed on the BSE in a timely manner, or at all.36. You may not be able to recover, on a timely basis or at all, thefull value of the outstanding amounts and/or the interestaccrued thereon in connection with the Bonds.37. Any downgrading in credit rating of our Bonds may affectthe trading price of the Bonds.38. Changes in interest rates may affect the prices of the Bonds.39. A debenture redemption reserve will be created, only up toan extent of 25% for the Bonds and in the event of default inexcess of such reserve, Bondholders may find it difficult toenforce their interests.40. Payments made on the Bonds will be subordinated to certaintax and other liabilities preferred by law.EXTERNAL RISKS41. A slowdown in economic growth in India could cause ourbusiness to be adversely affected.42. Increased volatility or inflation of commodity prices in Indiacould adversely affect our Company’s business.43. Political instability or changes in the GoI could adverselyaffect economic conditions in India and consequently, ourbusiness.44. Natural calamities could have a negative impact on the Indianeconomy and could cause our business to be adverselyaffected.45. Difficulties faced by other banks, financial institutions orthe Indian financial sector generally could cause our businessto be adversely affected.46. The proposed new Indian taxation system could adverselyaffect our Company’s business and the price of the Bonds.47. Any downgrading of India’s debt rating by an internationalrating agency could have a negative impact on our business.48. The market value of your investment may fluctuate due tothe volatility of the Indian securities market.MATERIAL CONTRACTS <strong>AND</strong> DOCUMENTS FORINSPECTIONFor the material contracts (not being contracts entered into in theordinary course of business carried on by our Company or enteredinto more than two years before the date of the Shelf Prospectus)which are or may be deemed material have been enteredor are to be entered into by our Company please refer to Page 96of the Prospectus Tranche – I. These contracts and also the documentsfor inspection referred to hereunder, may be inspected onWorking Days at the Registered and Corporate Office of our Companysituated at HUDCO Bhawan, Core- 7A, India Habitat Centre,Lodhi Road, New Delhi 110003, India, from 10.00 a.m. and 12.00noon on any Working Day during which Issue is open for publicsubscription under the Prospectus Tranche-I.DECLARATIONWe, the undersigned, hereby declare that all the relevant provisionsof the Companies Act, 1956, the guidelines issued by theGovernment of India and the regulations and guidelines issuedby the Securities and Exchange Board of India established underSection 3 of the Securities and Exchange Board of India Act, 1992,as the case may be, including the Securities and Exchange Boardof India (Issue and Listing of Debt Securities) Regulations, 2008,have been complied with and no statement made in the ProspectusTranche – I is contrary to the provisions of the CompaniesAct, 1956, the Securities and Exchange Board of India Act, 1992 orrules and regulations made thereunder, as the case may be.We further certify that all the statements in the Prospectus Tranche– I, are true and correct and do not omit disclosure of any materialfact which may make the statements made therein, in light of circumstancesunder which they were made, misleading and that theProspectus Tranche – I does not contain any mis-statements.Signed by the Board of Directors of the CompanyVeerappa Parameshwarappa BaligarChairman and Managing DirectorNand Lal ManjokaDirectorAnil Kumar KaushikDirectorKaran Bir Singh SidhuDirectorNaresh SalechaDirectorDinesh Bhikhubhai MehtaDirectorVirender GandaDirectorSukhadeo ThoratDirectorPlace : New DelhiDate : September 11, 2013FOR FURTHER DETAILS, PLEASE REFER TO THESHELF PROSPECTUS <strong>AND</strong> PROSPECTUS TRANCHE - I.38 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”TIMING FOR SUBMISSION OF APPLICATION FORMApplication shall be accepted only between 10.00 a.m. and 5.00 p.m. (Indian Standard Time, “IST”) during the Issue Period as mentioned aboveby the Members of the Syndicate, Trading Members and designated branches of SCSBs, except that on the Issue Closing Date when theApplications if any, shall be accepted only between 10.00 a.m. and 3.00 p.m. (IST) and shall be uploaded until 5.00 p.m. (IST) or such extendedtime as permitted by the Stock Exchanges. It is clarified that the Applications not uploaded in the Stock Exchange Platform would be rejected.Due to limitation of time available for uploading the Applications on the Issue Closing Date, the Applicants are advised to submit theirApplications one day prior to the Issue Closing Date and, in any case, no later than 3.00 p.m. (IST) on the Issue Closing Date. All times mentionedin the Prospectus are Indian Standard Time. Applicants are cautioned that in the event a large number of Applications are received on the IssueClosing Date, as is typically experienced in public offerings, some Applications may not get uploaded due to lack of sufficient time.Such Applications that cannot be uploaded will not be considered for allocation under the Issue. Applications will be accepted only on BusinessDays, i.e., Monday to Friday (excluding any public holiday). Neither our Company, nor any Member of the Syndicate, is liable for any failure inuploading the Applications due to faults in any software/hardware system or otherwise.CENTERS FOR AVAILABILITY <strong>AND</strong> ACCEPTANCE OF APPLICATION FORMSIn case of Applicant applying through ASBA Process in any Specified Cities i.e. 12 cities, namely, Mumbai, Chennai, Kolkata, Delhi, Ahmedabad,Rajkot, Jaipur, Bangalore, Hyderabad, Pune, Baroda and Surat, the ASBA Applicant can also submit their Application Form with the Membersof Syndicate, at the addresses provided below, for uploading of the Application. The respective Member of Syndicate after uploading of theApplication shall forward the Application Form to the Specified Branches of SCSBs for blocking of funds. At all other places (except SpecifiedCities, as above),the ASBA Application Forms should be submitted with the Designated Branch of SCSBs only and non ASBA Applicationsshould be submitted to the Members of Syndicate/ Trading Members as specified below:BIDDING CENTRE DETAILSAXIS CAPITAL <strong>LIMITED</strong>AGRA : SMC Global Securities Ltd,F- 4, Block No 35, Surya Kiran Building Near Metro Bar Sanjay Place, Ph:,7520787708, AHMEDABAD : MarwadiShares & Finance,9/10, Haridarshan Complex, Opp HDFC Bank,Maninagar Chaar Rasta,Maninagar, Pin:380008, Amrapali Capital & Finance ServicesLtd,19-21, Narayan Chambers, 3rd Fl, Ashram Rd, Pin:380009, Ph:079-26581329, Jay Yogeshwar Securities,1, Jawahar Shopping Centre, Nr. BOI,Jawahar Chowk, Maninagar, Pin:380008, Ph:9428594723, JM Financial Services Ltd,G-10 Chinubhai Centre, Gr. Flr,Nehru Bridge Corner,AshramRoad,Pin-380009,Ph:079-26576666, Kotak Securities Limited,207, 2nd Floor, Sakar-II, Ellisbridge Corner, Ashram Road, Ph:26587276, MarwadiShares & Finance,Amazon Corporation Park,-Part 4, B/h.Navrangpura Post Office,Choice Restaurant Lane,Off C G Rd, Pin:380009, Marwadi Shares& Finance,Ast-Mangal, Nr Rajasthan Hospital, Sahibaug, Pin:380004, Nitin Parikh & Co,101, Akashganga, Near Dr.Munshi’s Nursing Home, GujaratCollege Road, Pin:380006, Ph:079-26404510, Pravin Ratilal Share & Stock Brokers Ltd,Sakar-I, 6th Floor, Opp.Gandhigram Rly Stn,Navrangpura,Pin:380009, Ph:079-26553700, SMC Global Securities Ltd,10-A, Kalapurnam,C G Road ,Near Municipal Market, Pin:380003, Ph:,9825612323,BANGALORE : Axis Capital Ltd,2A, 2nd Floor, REDIFICE Signature, Hospital Road, Pin:560001, Ph:080-40333222, JM Financial ServicesLtd, 97/4 Residency Rd, Pin - 560 025.Ph:-080- 30912400, Kotak Securities Limited,‘Umiya Landmark’–II Flr., No:10/7 -Lavelle Rd, Ph:66203601,SMC Global Securities Ltd,2003/2, 2nd Floor, (above tata docomo showroom), 100 ft road, HAL 2nd Stage, Pin:560008, Ph:,9739161699, Way2wealthBrokers Pvt Ltd,Frontline Grandeur, Gr Floor, No 14, Walton Road, Pin:560001, Ph:080-43676859, BHAVNAGAR : Marwadi Shares & Finance,203-Prithvi Complex. 2nd Floor, Kalanala, Ph:0278-2433713, BHOPAL : Kalpataru Multiplier Ltd,102-103, Earning Point, Mandakini Chouraha,Ph:0755-4276709, Kalpataru Multiplier Ltd,12-B, Indrapuri, Near SBI, Plant Area Branch, Bhel, Pin:462021, Ph:0755-4261959, Kalpataru MultiplierLtd,134-136, Bhopal Plaza, Nr Bhopal Talkies, Hamidia Road, Ph:0755-4094059, Kalpataru Multiplier Ltd,E-3/103 Arera Colony, Near CindrellaSchool, Pin:462016, Ph:0755-4276724, Kalpataru Multiplier Ltd,Hall-2, 1st Flr, Above Central Bk,GTB Cmplx, T T Nagar, Pin:462001, Ph:0755-4235726, Kalpataru Multiplier Ltd,Kalpataru House, 18 Itwara, Pin:462001, Ph:0755-4084201, CH<strong>AND</strong>IGARH : SMC Global Securities Ltd,SCO -122-123, 2nd Floor, Cabin No -61, Sector -8C,Madhya Marg, Pin:160009, Ph: CHENNAI : Axis Securities Ltd,11, Vijay Delux Apts., 7/4 FirstMain Road, CIT Colony, Mylapore, Pin:600004, Ph:044-39184335/4226, JM Financial Services Ltd, Gee Gee Crystal - 5th Floor,91-92.Dr.Radhakrishnan Salai,Mylapore, Pin:600004. Ph:044-42255666, Kotak Securities Limited,GRR Business Cneter, No.21, Vaidyaraman Street, TNagar, Ph:66462000, SMC Global Securities Ltd,Salzburg square,flat no.1, 3rd Floor,Door no .107,Harrington Road Chetpet, Pin:600031, Ph: Sun ‘N’Sun Financial Services,357, Mint Street, 2nd Flr, Sowcarpet, Pin:600079, Ph:044-5395925, Systematix Shares & Stocks Ltd,4th Floor,EGA TradeCentre,Block C &D, 809,Poonamallee High Rd, Pin:600010, Ph:044-30582078, COIMBATORE : Kotak Securities Limited,1st Floor, Red rosechamber, 1437,Trichy road, Ph:6699666, DEHRADUN : SMC Global Securities Ltd,7,8,9&10 shiva palace, second floor, rajpur Road, Pin:248001,Ph:,9368572105, DURGAPUR : Eureka Stock & Share Broking Services Ltd,Acharjee Market, Ground Floor, Benachitty, Pin:713213, Ph:0343-2584650, GUWAHATI : Pukhraj Lunkar,Ground Floor, Sagar Apts., Satijayamati Road, B/H.Vrindavan Mkt., Athgaon, Pin:781001, Ph:0361-2511933,HISSAR : SMC Global Securities Ltd,Mago Securities Ltd 104, SCF Gram, 1st Floor Green Square Market, Ph:,9416023332, HYDERABAD : AxisSecurities Ltd,6-3-650/217B & C, Maheshwari Chambers, 2nd Flr.,Somajiguda, Pin:500082, Ph:040-398936 26/30658502, JM FinancialServices Ltd, 9-10 Uma Chambers,3rd Floor, Banjara Hills, Pin:500034. Ph:040-66360009, Kotak Securities Limited,9-1-777, 4th Flr, Beside ITCBldg, S D Rd, (LANE Opp to DBR Diagnosis, Ph:65326394, SMC Global Securities Ltd,206, 3rd floor Bhuvana Towers, Above CMR Exclusive, S DRoad, Secunderabad, Pin:500003, Ph:9347453777, Systematix Shares & Stocks Ltd,6-3-650, 2nd Floor, Office-206, Maheshwari Chambers, Somajiguda,Pin:500082, Ph:040-30789113, JM Financial Services Ltd, 3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M G Road, Secundrabad, Pin:500003.Ph:040-39825200 INDORE : Kotak Securities Limited,314, Citi Centre, 570, M.G. Road, Ph:2537336, JM Financial Services Ltd, UG-7 & 8, GroundFloor, D M Tower, ,21/1, Race Course Road, Pin:452004,Ph:0731-3072111, SMC Global Securities Ltd,206,Gold Arcade 3/1 New Palasia Opp Curewellhospital, Ph:,9826062666, Systematix Shares & Stocks Ltd,206-207,Bansi Trade Centre,565/581,M G Road, Pin:452001, Ph:0731-3018111/15,Ashwani Dandia & Co,Room No. 236, Jaipur Stock Exchange Building, Malviya Nagar, Pin:302107, Ph:0141-2371603/ 2360790, Eureka Stock &Share Broking Services Ltd,213/214 Jaipur Towers, M.G. Road, Pin:302001, Ph:0141-3918040/41, JAIPUR : Ashwani Dandia & Co,7, Gopinath Marg,New Colony, Ph:0141-2371603, JM Financial Services Ltd, G-7 & G-8,Brij Anukamba,Plot No.K-13, Ashoka Marg,C-Scheme, Pin:302001, Ph:0141-3984400, SMC Global Securities Ltd,401, 4th Floor Shyam Anukampa Opp HDFC BANK Ashok Marg C scheme, Ph:,9001799686, Systematix Shares& Stocks Ltd,116, 1st Floor, Sunny Paradise, Nr Kamal & Co., Tonk Road, Pin:302018, Ph:0141-3963876, JAMNAGAR : Marwadi Shares &Finance,433-438, Indraprasth Complex, 4th Flr.,Nr Nobat karyalay,Pancheshwar Tower Rd, Pin:3610001, Ph:0288-2551763, Varia Securities,Mahavir,1st Floor, Grain Market, Pin:361001, Ph:0288-2550821, JAMSHEDPUR : Eureka Stock & Share Broking Services Ltd,1st Floor, RJS Bldg, DiagonalRoad, Bistapur, Ph:0657-2428777/ 2439882, SMC Global Securities Ltd,K2-L1 Tiwary Becher Complex ,P.O. Bistupur, Pin:831001, Ph:,9934399678,JODHPUR: Nine Star Broking Pvt Ltd,112,Parvati Shiv Krupa Tower, 1st A-B Road, Sardarpura, Pin:342003, Ph:0291-5150000, KANPUR : SMCGlobal Securities Ltd,Shop No G-21, Ground Floor, City Centre, The Mall, Pin:228001, Ph:,9305358433, KOCHI : Kotak Securities Limited,40/1400,11th Floor, Ensign Enclave, Jos Junction, M.G. Road, Ph:2377386, KOLKATA : Eureka Stock & Share Broking Services Ltd,B-3/4, Gillander House,8 N.S. Road, Pin:700001, Ph:033-39180348, JM Financial Services Ltd, Kankaria Estate, 8th Flr,6th Little Russell Street, Pin-700071, Ph: 033-39870330, Kotak Securities Limited,5th Floor, Apeejay House, Block ‘B’, 15, Park Street, Ph:22273999, SMC Global Securities Ltd,18, RabindraSarani Podder Court Gate No.4, 5th Floor, Pin:700001, Ph:,9933664479, Systematix Shares & Stocks Ltd,1,Old Court House Corner,Tobaco House,2ndFloor, Pin:700001, Ph:033-30287505-09, KOTA : SMC Global Securities Ltd,4-a-6 Talwandi Kota, Ph:,9829116982, Systematix Shares & Stocks<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>39
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”Ltd,1st Floor, 18 Sindhi Colony, Rawath Bhata Bust Stand Road, Gumanpura, Pin:324007, Ph:0744-32955178, LUCKNOW : SMC Global SecuritiesLtd,Radha Krishna Bhawan, Plot No. 3/A, 5 Park Road, Ph:,9839826932, Systematix Shares & Stocks Ltd,120/1, 1st Floor, Indra Karan Plaza,Lalbagh, Pin:226001, Ph:0522-3255347, MANGALORE : Kotak Securities Limited,No.4, 3rd Floor, The Trade Centre, Jyoti Centre, Bunts HostelRoad, Near Jyoti Circle, Ph:424180, Ajcon Global Service Ltd,A-408 Express Zone Cello- Sonal Realty,Near Patels Western Express Highway, Malad(East) Mumbai , Pin:400066, Ph:022-67160400, Amit Jasani Financial Services Pvt Ltd,301, Hind Rajastan Chambers, 6 Oak Lane, Opp GokulRestaurant, Fort, Pin:400023, Ph:022-66145678, Amrapali Capital & Finance Services Ltd,7/10, Botawala Bldg, 2nd Fl, Hornimal Circle, Fort,Pin:400023, Ph:022-22630760, ANS Pvt Ltd,A-123/124, satyam Shopping Centre, M G Rd,Ghatkopar (E), Pin:400077, Ph:022-39558604, ANS PvtLtd,C/9,Satyam Shopping Centre, M G Road,Ghatkopar (E), Pin:400077, Ph:022-25104141, Eureka Stock & Share Broking Services Ltd,RahejaChambers,Room-909,9th Floor,213,Nariman Point, Pin:400021, Ph:022-32583020, Keynote Capitals Limited,The Ruby, 9th Floor, Senapati BapatMarg, Dadar (W), Pin:400028, Ph:022-30266000, KJMC Capital Market Services Ltd,168, 16th Floor,Atlanta, Nariman Point, Pin:400021, Ph:022-40945500, Kotak Securities Limited,32, Gr Flr., Raja Bahadur Compound, Opp Bank of Maharashtra, Fort, Mumbai-400 023, Pin:400023, Ph:22655074,LKP Securities Ltd,Bank of Maharashtra Bldg., 45/47, B S Marg, Fort, Pin:400001, Ph: Motilal Oswal Securities Limited,Queens Mansion,2nd Floor,44, A. K. Naik Marg, Behaind Khadi Gramodyog Fort , Pin:400001, Ph:022-30278090, MUMBAI : Axis Capital Ltd,4A/5C, Khatau Bldg.,Ground floor, Alkesh Dinesh Mody Marg, Fort,, Pin:400001, Ph:022-22677901, JM Financial Services Ltd, 2,3,4 Kamanwala Chambers,P MRoad, Fort, Pin:400001, Ph:022-2266 5577, JM Financial Services Ltd, 1st Floor, Patel House, Next to Bank of Baroda,M G Road, Vileparle (E),Pin:400057, Ph:022-26135202, JM Financial Services Ltd, 1st Floor, New Pushpanjali II, Jambli Galli, (Factory Lane) , Opp Chintamani Jewellers,Borivali (W), Pin:400092.Ph:022- 66959120, JM Financial Services Ltd, 424/425 Kalidas Plaza, V B Lane,Ghatkopar East, Pin:400075,Ph:022-67104738, JM Financial Services Ltd Ground Floor, Anushka, New Link Rd,Andheri (W),Pin:400053,Ph:022-661 91600 Nirmal Bang securities PvtLtd,201/301, 2nd Floor, Khandelwal House, Podar Road, Near Podar Park, Malad (E), Pin:400097, Ph:7738380315, Prabhudas Lilladher Pvt Ltd,SadhanaHouse, 3rd Floor, 570, P. B. Marg, Behind Mahindra Tower, Worli, Pin:400018, Ph:022-66322222, SMC Global Securities Ltd,258,Perin NarimanStreet First Floor Fort, Ph:,9821111219, Standard Chartered Securities (India) Limited,Standard Chartered Tower, 201-B/1, 1st Flr., Western ExpressHighway, Goregaon (East), Pin:400063, Ph:022-67559626, Systematix Shares & Stocks Ltd,3rd Floor,J K Somani Bldg.,Nr Stock Exchange, Fort,Pin:400023, Ph:022-66198185, NEW DELHI : Axis Capital Ltd,815-816,8th Floor, Ambadeep Building, K.G.Marg, Pin:110001, Ph:011-46769649, Amrapali Capital & Finance Services Ltd,Plot No. 62, Dayanand Road, Dariya Gunj, Pin:110002, Ph:011-23258084, JM Financial ServicesLtd, 5 G&H, 5th Floor, Hansalaya Building, 15, Barakhamba Road, Pin:110001. Ph: 011- 42635699, Kotak Securities Limited,202-217, 2nd Floor,Ambadeep Building, 14, Kasturba Gandhi Marg, Ph:66313131, SMC Global Securities Ltd,17 , Netaji Subhash Marg, Opp. Golcha Cinema Daryaganj,Pin:110002, Ph:,9818620470, SMC Global Securities Ltd,6B, First Floor Himalaya House 23, K G Marg Connaught place, Pin:110001, Ph:,9958696929,SMC Global Securities Ltd,503, Ansal Bhawan Barakhamba Road, Pin:110001, Ph:,9871626464, SMC Global Securities Ltd,106-Ocean Plaza .P-5 SEC-18, NOIDA, Pin:201301, Ph:,971700378, Systematix Shares & Stocks Ltd,1303, Nirmal Tower Building, 13th Floor, 26, Barakhamba Road, Pin:110001,Ph:011-30481213, PUNE : Axis Capital Ltd,1248 A, Asmani Plaza, 1st Floor, Opp Cafe Goodluck, Deccan Gymkhana, Pin:411004, Ph:020-30547125, JM Financial Services Ltd, 205 Business Guild ,Opp. Krishna Dining Hall,Law College Road, Erandawane, Pin:411004, Ph:020-39871601,SMC Global Securities Ltd,3rd Floor, 1206/4B, Durgashankar Building, Beside Khetan Medical Behind Shubham hotel, JM Road, Pin:411004, Ph:RAJKOT : Axis Securities Ltd,308, 3rd Floor, Towar Commercial Complex, Jawahar Complex, Near Galaxy Hotel, Pin:360001, Ph:0281-2226383/384, Anil Dhulia,Saket Plaza, 1st Flr., Dr Radhakrishnan Rd,Harihar Chowk, Pin:360001, Ph:0281-2224324/2234719, Marwadi Shares &Finance,Marwadi Financial Centre, 150 Ft Ring Road, Nr Nana Mava Main Road, , Pin:360004, Ph:0281-30 11195, ANS Pvt Ltd-Arham FinCentre,Panchnath Main Road, Harihar Chowk, Pin:360001, Ph:0281-2450745, Amrapali Capital & Finance Services Ltd,1st Floor, Maruti Arcade, Nr.Amrapali Railway Crossing, Raiya Road, Ph:0281-3040639, JM Financial Services Ltd, 202 Solitaire, 2nd Floor, Swami Vivekanand Marg, NearMunicipal Commissioner Bunglow, Ramkrishna Nagar, Rajkot -360 007. Ph:0281-3984101, SMC Global Securities Ltd,401-Star Chambers, HariharChowk, Nr. Panchnth Mandir, Pin:360001, Ph:,8000903984, RANCHI : Eureka Stock & Share Broking Services Ltd,G-2, Q+R Shree Gopal Complex,Court Road, Pin:834001, Ph:0651-2200230/9646, SILIGURI : Eureka Stock & Share Broking Services Ltd,2nd Floor, Metro Plaza, S. F. Road,Khalpara, Pin:734405, Ph:0353-2503489, SURAT : Kotak Securities Limited,Kotak House, K G Point, 1st Floor, Nr.Ganga Palace, Opp.IDBI Bank,Ghoddod Road, Ph:2254553, JM Financial Services Ltd, 407, 4th Floor, 21 Century Business Centre, Near Udhna Char Rasta, Ring Road,Pin:395002,Ph:0261-3984000, SMC Global Securities Ltd,316,Empire State Building, Ring Road, Pin:395002, Ph:,9033002341, VADODARA : Axis SecuritiesLtd,515, Race Course Tower, Pashabhai Park, Race Course, Pin:390007, Ph:,9377225295, Jhaveri Securities,136/137,Paradise Complex,Sayajigunj, Pin:390005, Ph:0265-2362027, Kamlesh D Joshi,57/58, Payal Complex, Opp. Stock Exchange, Sayaji Gunj, Pin:390005, Ph:0265-2361183/2362057, Mukesh D Joshi,11, Payal Complex, Opp. Stock Exchange, Sayaji Gunj, Pin:390005, Ph:0265-2363838/2434, JM FinancialServices Ltd, G1Ground Floor, Shohan, 49 Alkapuri Society, Opp. HDFC Bank, Alkapuri, Pin:390007, Ph:0265-3984300, VARANASI : SMC GlobalSecurities Ltd,D-64/127-C-H, Nagar Nigam Road, Sigra, Pin:221010, Ph:,9415201997, VISAKHAPATNAM : Kotak Securities Limited,Door No.47-10-15, VRC Complex , 2nd Floor, Railway Station Rd , Dwarka Nagar, Ph:6642009, JM Financial Services Ltd, Door No 9-1-224/4/3, 1st Floor, NandanNirman, CBM Compound, Near Rama Talkies Junction, Pin:530003, Ph: 0891- 3983800,EDELWEISS SECURITIES <strong>LIMITED</strong>AGRA: A.G.Shares & Securities Limited, 20/4, 1St Floor Maruti Tower Sanjay Place Agra-282002, Tel: 0562-3017544 SBICAP Securities Limited, C/O Sbi Main Branch, Chipitola Agra- 282001, Tel:0562 -2252079 AHMEDABAD: Edelweiss Broking Limited, Edelweiss House, 2Nd Floor,Nr.Samved Hospital, H. L. Commerce Six Road, Navrangpura, Ahmedabad-380009, Tel: 7940237025 JM Financial Services Limited, G-10Chinubhai Centre, Gr. Flr, Nehru Bridge Corner, Ashram Road, Ahmedabad-380 009.Ph:079-2657 6666 – 70. Kotak Securities Limited, 207, 2Nd Floor,Sakar-Ii, Ellisbridge Corner, Ashram Road. Ahmedabad Pravin Ratilal Share And Stock Brokers Limited, Sakar-I’ 5Th Floor, Opp.Ghandigram Rly.Stn.,Navrangpura, Ahmedabad-380009, Tel: 079-26553700 Religare Securities Limited, 2Nd Floor, Dev Complex, Opp Parimal Garden, Ahmedabad -380006, Tel: 07-39820446 SBICAP Securities Limited, 2Nd Floor, “Nirman”, Besides Jyoti Plaza, Nr. Shyamal Cross Road, Satellite Ahmedabad-380015, Tel:079 -26764456 SBICAP Securities Limited, C/O State Bank Of India, 1St Floor, Modi Arcade, Near Rly Station, Maninagar (West)Ahmedabad- 380008, Tel:079 -25469205 AMRITSAR: SBICAP Securities Limited, C/O, State Bank Of India, Main Branch, Town Hall Amritsar-143001, Tel:183 -5030146 AN<strong>AND</strong>: Prabhudas Lilladher Pvt Limited, C/O. G/19, Vaibhav Tower, Anand - V.V.Nagar Road, Anand - 388 001, Tel:02692-245279 ASANSOL: SBICAP Securities Limited, C/O State Bank Of India, Asansol Main Branch, Bijoy Pal Sarani Asansol- 713301, Tel: -9641611679 BANGALORE: Edelweiss Broking Limited, Aswan, 15/6 Ground Floor, prime Rose Road Bangalore – 560001Co ntact No:080 42471113, JM Financial Services Limited, 97/4 Residency Rd, Bangalore - 560 025.Ph:-080- 30912400/2299 8264/65/66/67. Kotak SecuritiesLimited, ‘Umiya Landmark’–Ii Flr., No 10/7 -Lavelle Rd.P Bangalore SBICAP Securities Limited, Sbi Lho Campus Behind Spb Branch St. Marks RoadBangalore- 560001, Tel:080 -42110358 SBICAP Securities Limited, SBICAP SECURITIES LTD. GROUND FLOOR, NO.30, PRAGATHI MANSION,DR. DVG ROAD, BASAVANGUDI, BANGALORE -560004, KARNATAKA. Bangalore- 560004, Tel:080 -26614525 SBICAP Securities Limited, 1StFloor, C/O Sbi Koramangala Pbb Branch, No.472, Avs Complex, 4Th Block, Koramangala Bangalore- 560034, Tel:080 -49074203 SBICAP SecuritiesLimited, SBICAP SECURITIES LTD, 3RD FLOOR, C/O SBI, INDIRA NAGAR BRANCH NO. 2987, 12TH MAIN ROAD, HAL 2ND STAGE,INDIRANAGAR, BANGALORE - 560008, KARNATAKA Bangalore- 560008, Tel:080 -25200044 SBICAP Securities Limited, SBICAP SECURITIESLTD., C/o. SBI MALLESHWARAM BRANCH, 2ND FLOOR, NO.143, MARGOSA ROAD, 8TH CROSS, MALLESHWARAM, BANGALORE-560003.Bangalore- 560003, Tel:080 -23465455 BHAVNAGAR: SBICAP Securities Limited, C/O State Bank Of Saurashtra - Kalanala Branch, KalanalaBhavnagar- 364001, Tel:0278 -2520009 BHILAI: SBICAP Securities Limited, Sbi Main Branch, Sector 1 Bhilai- 490001, Tel:0788 -2226940BHOPAL: SBICAP Securities Limited, State Bank Of Indore Paanchanan T T Nagar Bhopal- 462003, Tel:0755 -6549108 CH<strong>AND</strong>IGARH: SBICAPSecurities Limited, C/O State Bank Of India, Main Branch, Sco 43-48, 1St Flr, Sector 17 B Chandigarh- 160017, Tel:0172 -5079240 CHENNAI: JMFinancial Services Limited, Gee Gee Crystal - 5th Floor, 91-92. Dr.Radhakrishnan Salai, Mylapore, Chennai - 600 004. Ph:044-4225 5666. KotakSecurities Limited, Grr Business Center, No.21, Vaidyaraman Street, T Nagar. Chennai Religare Securities Limited, “Citi Tower”, 4Th Floor, 117, SirTheagaraya Road, T. Nagar, Chennai 600 017, Tel: 044-43900675 SBICAP Securities Limited, Sbi Main Branch New No.84, 22 Rajaji Salai Chennai-600001, Tel:044 -42065997 SBICAP Securities Limited, Sbi Building No 2 A Prakasam Road Panagal Park T Nagar Chennai- 600017, Tel:044 -42606204 SBICAP Securities Limited, Sbi Spb Branch, Plot No.4, Teachers Colony, Indiranagar, Adyar Chennai- 600020, Tel:044 -42607565 SBICAPSecurities Limited, C/O Sbi, 22, Taylors Road, Kilpauk Chennai- 639001, Tel:044 -26600030 COIMBATORE: Kotak Securities Limited, 1St Floor,40 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”Red Rose Chamber, 1437, Trichy Road. Coimbatore SBICAP Securities Limited, Sbi Main Branch, State Bank Road. Coimbatore- 641018, Tel:0422 -2395711 SBICAP Securities Limited, Sbi Premises - First Floor, 451, D.B. Road, R.S.Puram Coimbatore- 641018, Tel:0422 -4355527 DEHRADUN:SBICAP Securities Limited, Sbi Main Branch, 4Th Convent Road Dehradun- 248001, Tel:0135 -2651156 DELHI: Edelweiss Broking Limited,Edelweiss 8-B, 8Th Floor, Atma Ram House, Tolstoy Marg, New Delhi- 110001, Tel: 011-46501116 JM Financial Services Limited, 5 G&H, 5thFloor, Hansalaya Building, 15, Barakhamba Road, New Delhi -110 001. Ph: (011) 4263 5699. Kotak Securities Limited, 202-217, 2Nd Floor, AmbadeepBuilding, 14, Kasturba Gandhi Marg. Newdelhi Religare Securities Limited, G-16 ; Ground Floor; Marina Arcade Connaught Place, New Delhi 110 001,Tel: 01149871223 SBICAP Securities Limited, Sbi Spb Branch11, Parliament Street New Delhi- 110001, Tel:011 -23744235 SBICAP SecuritiesLimited, State Bank Of India Personal Banking Branch, A-15 Hauz Khas New Delhi- 110016, Tel:011 -26511104 SBICAP Securities Limited, 9, NewRajdhani Enclave, Swasthya Vihar, Nr Preet Vihar Metro Station New Delhi- 110092, Tel:011 -45108482 SBICAP Securities Limited, C/O, State BankOf India, E-2/28, Sector-7, Rohini New Delhi- 110085, Tel:011 -27055815 SBICAP Securities Limited, Sbi Spb Branch11, Parliament Street NewDelhi- 110001, Tel:011 -23744235 SMC Global Securities Limited, 17, Netaji Subhash Marg, Daryaganj, New Delhi 110 002, Tel: 011-66070400 SSCorporate Securities Limited, Ndm-2, D-Block , Netajisubhash Place Pitampura, Delhi-110034, Tel: 470 03600 GHAZIABAD: SBICAP SecuritiesLimited, C/O, State Bank Of India, Navyug Marget Ghaziabad- 201001, Tel:120 -2798891 GUNTUR: SBICAP Securities Limited, Shop No-13, SecondFloor, Raghu Mansion, 4/1, Brodipet Guntur- 522002, Tel:863 -3244001 GURGAON: SBICAP Securities Limited, Sbicap Securites, Sbi Sushant Lok1, B/05, Unitech Trade Centre Gurgaon- 12209, Tel:0124 -2385365 GUWAHATI: Hem Securities Limited, Room No. 2006, Ist Floor, Ram KumarsArcade, Near Parmeshwari Building, Chotibari- 781001 SBICAP Securities Limited, C/O State Bank Of India, Dispur Branch, Opposite AssamSachibalaya, Dispur, Guwahati- 781006, Tel:0361 -2237594 GWALIOR: Hem Securities Limited, Pavan Vihar Colony, Jinsinala No.3, Near JanakHospital, Lashkar, Gwalior Hem Securities Limited, 1St Floor, Bhargawa Sadan, Near Ashoka Palace, Jinsinala No.3, Lashkar, Gwalior SBICAPSecurities Limited, C/O State Bank Of India, Basement, Main Branch, Jiwaji Chowk, Lashkar Gwalior- 474001, Tel:0781 -2620727 HISAR: SSCorporate Securities Limited, B-10, 95-97, Green Square Market, Hisar-125001, Tel: 9354323899 SS Corporate Securities Limited, 103, Green SquareMkt, , Hisar-125001, Tel: 01662-320008 HYDERABAD: Edelweiss Broking Limited, Edelweiss 2Nd Flr, Mb Towers, Plot No.5, Road No.2,Banjara Hills, Hyderabad-500016, Tel: 040-40316911 JM Financial Services Limited, 9-10 Uma Chambers, 3rd Floor, Banjara Hills, Hyderabad-500 034. Ph:040- 6636 0009/10/12/46. JM Financial Services Limited, 3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M G Road, Secundrabad- 500003. Ph:(040) 3982 5200. Kotak Securities Limited, 9-1-777, 4Th Flr, Beside Itc Bldg, S D Rd, (Lane Opp To Dbr Diagnosis), Hyderabad SBICAPSecurities Limited, State Bank Of Hyderabad Ground Floor, Gunfoundry Hyderabad- 500001, Tel:040 -23321875 SBICAP Securities Limited, 1St Floor,Dmc Center, Above State Bank Of India, St. John’S Road, East Marredpally, Secunderabad Hyderabad- 500026, Tel:40 -40137725 SBICAP SecuritiesLimited, C/O, State Bank Of India G O C, Koti (Lho), Bank Street Hyderabad- 500001, Tel:040 -24750622 INDORE: JM Financial Services Limited,UG-7 & 8, Ground Floor, D M Tower, , 21/1, Race Course Road, Indore-452 004. Ph:0731-3072111/4262111. Kotak Securities Limited, 314, CitiCentre, 570, M.G. Road. Indore SBICAP Securities Limited, State Bank Of Indore 5, Yashwant Niwas Road Indore- 452003, Tel:0731 -2547517SBICAP Securities Limited, State Bank Of India Gpo Main Branch Indore- 452001, Tel:0731 -4036625 JABALPUR: SBICAP Securities Limited, C/O. Sbi Main Branch, Civil Lines Jabalpur- 482001, Tel:761 -4218261 JAIPUR: Edelweiss Broking Limited, Edelweiss 601/602, 6Th Floor,Green House, Ashok Marg, C Scheme, Jaipur 302001, Tel: 0141-4045167 Hem Securities Limited, 204 Jaipur Tower, M.I.Road, Jaipur JMFinancial Services Limited, G-7 & G-8, Brij Anukamba, Plot No.K-13, Ashoka Marg, C-Scheme, Jaipur -302 001. Ph:0141-3984400. PrabhudasLilladher Pvt Limited, 1078, Ganga Mata Ki Galli, Gopal Ji Ka Rasta, Jaipur - 302003, Tel: 0141-4108965 SBICAP Securities Limited, C/O Sbi SpecialBranch, Ground Floor, Sangeneri Gate Jaipur- 302003, Tel:0141 -4006483 SBICAP Securities Limited, 128, A - Block, First Floor, Opp. Sbbj Bank,Ganpati Plaza, M I Road Jaipur- 302001, Tel:0141 -3221945 SS Corporate Securities Limited, 201-202, G-8, Geeta Enclave, C Scheme Vinoba Marg,Jaipur-302001, Tel: 09314504951 JAL<strong>AND</strong>HAR: SBICAP Securities Limited, C/O. State Bank Ofindia, Civil Lines Jalandhar- 144001, Tel:0181 -4636317 JAMMU: SBICAP Securities Limited, C/O State Bank Of India, Railway Road Branch, Jammu- 180001, Tel:191 -2471118 JAMNAGAR:SBICAP Securities Limited, G-3, Ground Flr, Madhav Darshan Complex, Opposite Cricket Bungalow Near Limda Line Jamnagar- 361001, Tel:0288 -2555170 JAMSHEDPUR: SBICAP Securities Limited, Sbi, Jamshedpur Bistupur Jamshedpur- 831001, Tel:0657 -3206515 JODHPUR: SBICAPSecurities Limited, C/O Sbi, Special Branch, High Court Campus, Kachauri, Jodhpur- 342001, Tel:291 -2546546 KANPUR: SBICAP Securities Limited,Sbi, Main Branch Campus, Zonal Office, 16/101 Civil Line Mall Road, Kanpur- 208001, Tel:0512 -2333571 KOCHI: Kotak Securities Limited, 40/1400, 11Th Floor, Ensign Enclave, Jos Junction, M.G. Road. Kochi SBICAP Securities Limited, Sbi Shanmugham Rd. Branch 2Nd Floor, Ktdc Bldg,Ernakulam Kochi- 682031, Tel:0484 -3248745 KOLKATA: Edelweiss Broking Limited, Edelweiss 2Nd Floor, Savitri Towers3A Upper WoodStreet Kolkatta - 700017, Tel: 033-40104635 Ashika Stock Broking Limited, “Trinity”, 226/1 Ajc Bose Road, 7Th Floor Kolkata-700 020, Tel:033-40102500 JM Financial Services Limited, Kankaria Estate, 8th Flr, 6th Little Russell Street, Kolkata-700 071. Ph: 033-3987 0330. KotakSecurities Limited, 5Th Floor, Apeejay House, Block ‘B’, 15, Park Street, P Kolkatta Religare Securities Limited, 11/1 Sarat Bose Road North Block4Th Floor Kolkata 20, Tel: 44010914/905 SBICAP Securities Limited, Sbi Main Branch Sammriddi Bhavan 3Rd Floor, 1- Strand Road Kolkata-700001, Tel:033 -22481729 SBICAP Securities Limited, State Bank Of India Jeevandeep Bldg, Ground Floor Middleton Street Kolkata- 700071,Tel:033 -22886604 SBICAP Securities Limited, C/O Sbi, 50 A, Gariahat Road, Ballygunge, Kolkata- 700019, Tel:033 -2461 9561 SBICAP SecuritiesLimited, C/O—State Bank Of India, Bikash Bhavan Goc.Ground Floor.Sector-Ii, Saltlake Kolkata- 700091, Tel: - KOTA: Hem Securities Limited, 20-A, Talwandi, Kota LUCKNOW: SBICAP Securities Limited, C/O State Bank Of India, 2/103 Vijay Khand First Flr, Gomti Nagar Lucknow- 226010,Tel:0522 -2303261 SBICAP Securities Limited, C/O Sbi Govt.Business Branch Moti Mahal Marg Behind K.D.Singh Babu Stadium Hajrath GanjLucknow- 226001, Tel:0522 -3202184 LUDHIANA: SBICAP Securities Limited, Sbi, 1St Floor Fountain Chowk Civil Lines Ludhiana- 141001,Tel:0161 -5025634 MADURAI: SBICAP Securities Limited, C/O State Bank Of India, Number - 7A, West Veli Street, Opposite Railway Station,Madurai- 625001, Tel:0452 -4506404 MANGALORE: Kotak Securities Limited, No.4, 3Rd Floor, The Trade Centre, Jyoti Centre, Bunts HostelRoad, Near Jyoti Circle, Mangalore SBICAP Securities Limited, C/O Sbi, Mangalore Main Branch, Port Road, P.B.No-90 Mangalore- 575011, Tel:824-4265361 MUMBAI: Edelweiss Broking Limited, Edelweiss 104, 1 st Floor, P J Towers Stock Exchange Bldg, Fort, Mumbai- 400001, Tel: 022-67471345 Edelweiss Broking Limited, Edelweiss Shop No 10, Sucheta Enclaves, Mahrastra Lane, Off L. T Road Borivali (W) Mumbai-92, Tel:022-28914367 Edelweiss Broking Limited, Edelweiss Atlantic Commercial Tower, Rb Mehta Road, Nr. Patel Chouk, Ghatkopar East, Mumbai-400077, Tel: 022-25012611 Edelweiss Broking Limited, Edelweiss Bindu Shopping Centre, Grd Flr, Besant Street, Tilak Road, Nr. St SantacruzWest, Mumbai-400054, Tel: 022-26485953 Edelweiss Broking Limited, 101, 1St Floor, 12 New Bake House, Opp Maharashtra State Co-Op Bank,Nr Old Karvy Office. Fort Mumbai 400001, Tel: 022-67494580 Edelweiss Securities Limited, Edelweiss 105, 1St Flr, P J Towers Stock ExchangeBldg, Fort, Mumbai- 400001, Tel 022-67494586 Ashika Stock Broking Limited, 1008, Raheja Centre, 214, Nariman Point, Mumbai-400 021, Tel:022-66111700 Hem Securities Limited, 14/15, Khatau Bldg, 1St Floor, 44 Bank Street, Fort, Mumbai - 400001 JM Financial Services Limited, 2, 3, 4Kamanwala Chambers, P M Road, Fort, Mumbai-400 001. Ph:022-2266 5577 - 80, 3021 3500. JM Financial Services Limited, 1st Floor, Patel House,Next to Bank of Baroda, M G Road, Vileparle (E), Mumbai-400 057. Ph:022-2613 5202-41-67077440-43. JM Financial Services Limited, 1st Floor,New Pushpanjali II, Jambli Galli, (Factory Lane), Opp Chintamani Jewellers, Borivali (West), Mumbai-400 092.Ph:022- 6695 9120 - 23/3021 5400.JM Financial Services Limited, 424/425 Kalidas Plaza, V B Lane, Ghatkopar East, Mumbai-400 075.Ph:022-6710 4738/3097 8700. JM FinancialServices Limited, Ground Floor, Anushka, New Link Rd, Andheri (West) Mumbai-400 053 JM Financial Services Pvt. Limited, 2, 3 & 4, KamanwalaChambers, Grd Flr, Sir P M Road, Fort, Mumbai - 01, Tel: 022-30213500 Keynote Capitals Limited, The Ruby, 9Th Floor, Senapati Bapat Marg, Dadar-W Mumbai-28 Kotak Securities Limited, 32, Gr Flr., Raja Bahadur Compound, Opp Bank Of Maharashtra, Fort, Mumbai-400 023 Mumbai LKPSecurities Limited, Bank Of Maharashtra Bldg., 45/47, Mumbai Samachar Marg, Fort, Mumbai 400 001., Tel: 022-22660171 Nirmal Bang SecuritiesPvt Limited, 201/301, 2Nd Floor, Khandelwal House, Podar Road, Near Podar Park, Malad (E), Mumbai-400097, Tel: 7738380315 Prabhudas LilladherPvt Limited, Sadhana House, 3 Rd Floor, 570, P. B. Marg, Behind Mahindra Tower, Worli, Mumbai-400018, Tel: 022-66322222/91 Prabhudas LilladherPvt Limited, A-102 Krishna Nagri Co-Op Hsg Soc, Opp.Sony Mony, S.V.Road, Borivali (W) Mumbai-400 092, Tel: 022-28617527 Prabhudas LilladherPvt Limited, 7/10, Runwal Commercial Complex, L.B.S Marg, Mulund (West) Mumbai-400 080, Tel: 022-67654951 Prabhudas Lilladher Pvt Limited,428/29, Kailash Plaza, 4Th Floor, Opp. Odean Cinema, Ghatkopar (East) Mumbai-400 075, Tel: 022-251515001 Religare Securities Limited, 301/302,Viraj Towers, Western Express Highway, Andheri (E), Mumbai - 400093, Tel: 022-67288233 SBICAP Securities Limited, State Bank Of India M.G.RoadGhatkopar East Mumbai- 400077, Tel: -25020964 SBICAP Securities Limited, C/O Sbi Nri Branch, Maker Chambers -3, Ground Floor, Nariman PointMumbai- 400021, Tel: -22040238 SBICAP Securities Limited, Sbi Admin Building Compound, Madam Cama Rd., Nariman Point Mumbai- 400021,Tel:022 -22023214 SBICAP Securities Limited, C/O Sbi Spb Branch, Mumbai Samachar Marg, Gate No 7, Horniman Circle, Fort, Mumbai- 400001,<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>41
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”Tel:022 -32660216 SBICAP Securities Limited, 2Nd Flr, C Wing, Mafatlal Chambers, N.M Joshi Marg, Lower Parel Mumbai- 400013, Tel: -42273451SBICAP Securities Limited, C/O Sbi Jvlr Branch, Ground Floor, Juhu Versova Link Road, Andheri (W) Mumbai- 400053, Tel: -26707887 SharekhanLimited, 10Th Floor, Beta Building, Lodha Ithink Techno Campus, Off. JVLR, Opp. Kanjurmarg Station, Kanjurmarg (E), Mumbai – 400 042., Tel:2261150000 MYSORE: SBICAP Securities Limited, C/O State Bank Of India, Mysore Main Branch, P.B.No-204, Motikhana Building, New Sayaji RaoRoad Mysore- 570024, Tel:0821 -2435866 NAGPUR: SBICAP Securities Limited, C/O Sbi Seva Sadan Branch, 75 Moti Mohan Complex Seva SadanChowk, C.A.Road Nagpur- 440018, Tel:0712 -3257729 NASHIK: SBICAP Securities Limited, C/O Sbi Spbb Br., Plot No. 56, Opp. Wadnagare Bhavan,Thatte Wadi, College Road Nashik- 422005, Tel:0253 -2232152 NOIDA: Religare Securities Limited, A-3/4/5, Gys Global, 2Nd Floor, Sector-125,Noida (Ncr Delhi) - 201301, Tel: 0120-3392757 Religare Securities Limited, A-3/4/5, Gys Global, 2Nd Floor, Sector-125, Noida (Ncr Delhi) - 201301,Tel: 0120-3392756 SBICAP Securities Limited, C/O State Bank Of India, Sector-26 Noida- 201301, Tel:0120 -2532133 PANAJI: SBICAP SecuritiesLimited, Sbi, Panaji Main Branch Dayanand Bandodkar Marg Near Hotel Mandovi Panaji- 403001, Tel:0832 -3253886 PONDICHERRY: SBICAPSecurities Limited, 164, Kamraj Salai, 1St Flr, Above Sbi Adb Branch Pondicherry- 605013, Tel:0413 -4304236 PUNE: Edelweiss Broking Limited,1184, Unit No 3, 1St Floor, Gokul Building, F C Road, Pune - 411005., Tel: 020-66056672 JM Financial Services Limited, 205 Business Guild,Opp. Krishna Dining Hall, Law College Road, Erandawane, Pune-411 004. Ph:020-3987 1601/00/66033720. Prabhudas Lilladher Pvt Limited, C/O.Yogesh J Shah 114/ A - Behere Arcade, 1St Floor, Prabhat Road, Erandwana, Pune - 411 004, Tel: 9520-25459245 SBICAP Securities Limited, StateBank Of India Deccan Gymkhana Branch J.M.Road, Deccan Gymkhana Pune- 411004, Tel:09520 -25539399 SBICAP Securities Limited, C/O Sbi BundGarden Branch, Grale 171/B, 1St Floor, Dp Road Pune- 411001, Tel:020 -30221091 RAIPUR: SBICAP Securities Limited, C/O State Bank Of India,Kutchery Branch, Kutchey Chowk Raipur- 492001, Tel:0771 -4075329 RAJKOT: JM Financial Services Limited, 202 Solitaire, 2nd Floor, SwamiVivekanand Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar, Rajkot -360 007. Ph:0281-3984101/3984000. SALEM: SBICAPSecurities Limited, Sbi Siruthozhil Branch Bank House, No. 68 Cherry Road Salem- 636007, Tel:0427 -4031780 SHIMLA: SBICAP Securities Limited,C/O State Bank Of India, New Building, 2Nd Floor, The Mall Shimla- 171003, Tel:0177 -2652726 SURAT: Edelweiss Broking Limited, 108,Vishwakarma Chambers, B/S Itc, Majuragate, Ring Road, Surat – 395002., Tel: 0261-2460537 JM Financial Services Limited, 407, 4th Floor,21 Century Business Centre, Near Udhna Char Rasta, Ring Road, Surat-395 002. Ph:0261-3984000. Kotak Securities Limited, Kotak House, K G Point,1St Floor, Nr.Ganga Palace, Opp.Idbi Bank, Ghoddod Road. Surat Prabhudas Lilladher Pvt Limited, C/O.Jayesh Kevadiya G-12, Opera House, B/H.SuperDiamond Market, Minibazar, Varacha, Surat -395006, Tel: 0261-3043116 SBICAP Securities Limited, 1/580, Pore Street, Nanpura, Opp Sbi Surat-395001, Tel:261 -2464888 THIRUVANANTHAPURAM: SBICAP Securities Limited, First Floor, State Bank Of Travancore Building, SasthamangalamThiruvananthapuram- 695010, Tel:0471 -6454296 TRICHY: SBICAP Securities Limited, C/O, State Bank Of India, Micr Center, Ground Flr, AshaArcade, 73 Promenade Road, Cantonment Trichy- 620001, Tel:431 -4002818 UDAIPUR: SBICAP Securities Limited, C/O Sbi, Main Branch, 23/CMadhuban Udaipur- 313001, Tel:294 -2420150 VADODARA: JM Financial Services Limited, G1Ground Floor, Shohan, 49 Alkapuri Society, Opp.HDFC Bank, Alkapuri, Vadodara-390 007. Ph:0265-3984 300. SBICAP Securities Limited, Sbi, Alkapuri, R.C.Dutt Road Vadodara- 390007, Tel:0265-6535747 SBICAP Securities Limited, C/O. Sbi Mandvi Main Branch, Opp Jamnabhai Hospital, Mandvi, Vadodara- 390001, Tel:265 -2516422 SBICAPSecurities Limited, C/O. Sbi Makarpura I.E. Branch, Vcci Building, Makarpura Vadodara- 390010, Tel:0265 -2632533 VARANASI: SBICAP SecuritiesLimited, C/O State Bank Of India, Bhelupur Branch Varanasi- 221010, Tel:0542 -22277558 VIJAYAWADA: SBICAP Securities Limited, Sbi,Governorpet Branch Ali Begh Street Governorpet Vijayawada- 520002, Tel:0866 -2577887 VISHAKHAPATNAM: SBICAP Securities Limited, C/OSbi Main Branch, Demat Section, Opposite Jail Road Junction, Near Redham Gardens Visakhapatnam- 530002, Tel: -9949324544 JM Financial ServicesLimited, Door No 9-1-224/4/3, 1st Floor, Nandan Nirman, CBM Compound, Near Rama Talkies Junction, Visakhapatnam -530 003. Ph: (0891) 3983800. Kotak Securities Limited, Door No.47-10-15, Vrc Complex, 2Nd Floor, Railway Station Rd, Dwarka Nagar, Visakhapatnam .HDFC SECURITIES LTDHDFC BANK LTD : MUMBAI : I Think Techno Campus Building-B,”Alpha”, Office Floor 8, Opp. Crompton Greaves, Near Kanjurmarg Station,Kanjurmarg(East), Mumbai 400 042, India. Tel: 022-30753400 JM FINANCIAL SERVICES LTD : AHMEDABAD : Mr Bhavesh Shah/Mr.GirishShah, JM Financial Services Ltd, G-10 Chinubhai Centre, Gr. Flr,Nehru Bridge Corner,Ashram Road, Ahmedabad-380 009.Ph:079-2657 6666 – 70.BANGALORE : Mr Yeriswamy Reddy/Mr Prashant Upadhyay, JM Financial Services Ltd, 97/4 Residency Rd, Bangalore - 560 025.Ph:-080-30912400/2299 8264/65/66/67. CHENNAI : Mr B Kalaiselvan/Ms. T V Sumithra, JM Financial Services Ltd, Gee Gee Crystal - 5th Floor,91-92.Dr.Radhakrishnan Salai,Mylapore, Chennai - 600 004. Ph:044-4225 5666. HYDERABAD : Mr Ganpathy Murthy/Chandrasekhar, JM FinancialServices Ltd, 9-10 Uma Chambers,3rd Floor, Banjara Hills, Hyderabad-500 034. Ph:040- 6636 0009/10/12/46. SECUNDERABAD : Mr Mallesh/MrPravin Chary, JM Financial Services Ltd, 3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M G Road, Secundrabad- 500 003. Ph:(040) 3982 5200.INDORE : Mr. Manish Upadhyay/Aarti, JM Financial Services Ltd, UG-7 & 8, Ground Floor, D M Tower, ,21/1, Race Course Road,Indore-452 004.Ph:0731-3072111/4262111. JAIPUR : Mr Anurag Tandon, JM Financial Services Ltd, G-7 & G-8,Brij Anukamba,Plot No.K-13, Ashoka Marg,C-Scheme,Jaipur -302 001. Ph:0141-3984400. KOLKATA : Mr. Bhaskar Chaterjee, JM Financial Services Ltd, Kankaria Estate, 8th Flr,6th Little RussellStreet,Kolkata-700 071. Ph: 033-3987 0330. MUMBAI : Mr Kaushik Datta/R Mukundan/Kedar Pimputkar/Ms Armin Irani, JM Financial Services Ltd,2,3,4 Kamanwala Chambers,P M Road, Fort,Mumbai-400 001. Ph:022-2266 5577 - 80, 3021 3500.Mr Ashit Vora/Atul Shukla, JM Financial ServicesLtd, 1st Floor, Patel House, Next to Bank of Baroda,M G Road, Vileparle (E), Mumbai-400 057. Ph:022-2613 5202-41-67077440-43. Ms JyotsnaSolanki/Mr C V George, JM Financial Services Ltd, 1st Floor, New Pushpanjali II, Jambli Galli, (Factory Lane) , Opp Chintamani Jewellers, Borivali(West), Mumbai-400 092.Ph:022- 6695 9120 - 23/3021 5400. Mr. Tilak Sanil,JM Financial Services Ltd, 424/425 Kalidas Plaza, V B Lane,GhatkoparEast, Mumbai-400 075.Ph:022-6710 4738/3097 8700. Mr. Nilesh Gavle JM Financial Services Ltd Ground Floor, Anushka, New Link Rd,Andheri(West) Mumbai 400 053 Ph:022- 66191600/612 NEW DELHI : Mr Prasad Nair/Mr C S Tiwari, JM Financial Services Ltd, 5 G&H, 5th Floor, HansalayaBuilding, 15, Barakhamba Road, New Delhi -110 001. Ph: (011) 4263 5699. PUNE: Mr Anand Shirke/Mr Sanjay Yelwande, JM Financial Services Ltd,205 Business Guild ,Opp. Krishna Dining Hall,Law College Road, Erandawane, Pune-411 004. Ph:020-3987 1601/00/66033720. RAJKOT : Mr SonaVerghese, JM Financial Services Ltd, 202 Solitaire, 2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar,Rajkot -360 007. Ph:0281-3984101/3984000. SURAT : Mr. Dipen Shah /Mr Nishant Trivedi, JM Financial Services Ltd, 407, 4th Floor, 21 CenturyBusiness Centre, Near Udhna Char Rasta, Ring Road, Surat-395 002. Ph:0261-3984000. VADODARA : Mr. Ghanshyam Vyas/Mr Rashmin Jadhav, JMFinancial Services Ltd, G1Ground Floor, Shohan, 49 Alkapuri Society, Opp. HDFC Bank, Alkapuri, Vadodara-390 007. Ph:0265-3984 300.VISHAKHAPATNAM: Mr Satish, JM Financial Services Ltd, Door No 9-1-224/4/3, 1st Floor, Nandan Nirman, CBM Compound, Near Rama TalkiesJunction, Visakhapatnam -530 003. Ph: (0891) 3983 800. WARANGAL : RAVINDER JAMBOJU, SOMA FINANCIAL SERVICES,DRNO16-10-1349, NEAR PALLAVI HOSPITAL , SHIVA NAGAR , WARANGAL, <strong>AND</strong>HRA PRADESH 506002.MOBILE NO : 9885644211. BONANZA PORTFO-LIO LTD : Agra, Mannu Jain C/o Manu Jain, Plot No. 102, 1st Floor, Puneet, Vrindavan, Sanjay Place Agra 2,Ph 0-9219556377, Ahmedabad ,Brijendra 401, Shital Varsha Arcade; Nr. Girish Cold Drink, Cross Road; C G Road, Ahmedabad – 380009, Ph: 9374986373, Anand, Nikhil / KamalKapasia G-10, Phalguni Trade Vaiderbhi Complex, Nr V V Nagar Rly St, Gidc, Vittal Udyog Nagar, Anand - 388121 Ph – 9825946815, Banglore ILayazNo. 1386, Iii Fl, Sln Plaza, Shivaji Nagar, Jayanagar, Bangalore - 11 9748485576, Baroda, Kashyap S. Gupta Office No. 1, 1St Floor, Sheel CommercialComplex, Race Course Rd, Ellora Park, Baroda – 390007, Ph 02652-356339, Chennai, Sanjeev Agarwal, S K L S Complex, 1St Floor No.164/21,GN T Road, Red Hills, Chennai – 600052, 044-26320877, Ghaziabad, Mohit Gupta, FF - 12 A, Parsavnath Majestic Arcade, Vaibhav Khand,Indirapuram, Ghazibad, U.P. – 201010, 9312051802, Indore, Hemant, 421/422, Dm Tower, 21/1, Race Course Road, Indore Mp, Indore – 452001,9329565063, Jodhpur, Kartavya, 60-61-62, Vimal Kunj, Manji Ka Hatha, Opp. Bsnl Office, Paota, Jodhpur – 342001, 9785702100, Kolkata, Bibek,6th Floor, 16A , Brabourne Road, Kolkata – 700 001, 9007760004, Mumbai – Andheri, 202, 2Nd Floor, Oberoi Chamber One, Plot No.C3 & C4,Cts No.645, Village Qshiwara, Link Road, Andheri(W), Mumbai -400053, 26740070, Mumbai, Haresh Garg, 8,Panchvati Bldg, Bajaj Rd, Corner OfS.V. Rd, Kandivali(W) Mumbai, 9820612156, Abhinay Chikne, Delta House, J1, Cama Industrial Estate, Delta House, J1, Cama Industrial Estate,Goregoan(E), Mumbai 400063, Maharashtra, 4059 5727, Manoj Shulka, Delta House, J1, Cama Industrial Estate, Goregoan(E), Mumbai 400063,Maharashtra, 9820593730, Hemant, 101-102, Shivji Market, Plot No. 8 & 9, Sector-19D, Vashi, Navi Mumbai – 400705, 27840474, Nagpur, AnujBadjate , Sanjay Apts,Opp Harne Mahila Samaj, 274, Dharampeth Extn, Nagpur, 0712-2532900, New Delhi, Naresh Arora, 4353/4C, Madan MohanStreet, Ansari Road, Daryaganj-110002, 9871282129, Pune, Sanjay Badjate, Konark Class, Flat NoD-2, 1st Flr, 21/4/5, Bund Garden Pune 411001,020-4014141, Surat , Sunil, B/G-3,”B” Wing Itc Centre, Majura Gate, Ring Road, Surat – 395003, 0261-3916666 PRABHUDAS LILLADHAERPVT LTD: Mumbai, Mr. Manish Bhatt, Sadhana House, 3 rd Floor, 570, P. B. Marg, Behind Mahindra Tower, Worli, Mumbai-400018, 022-66322222/42 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”91 MOTILAL OSWAL SECURITIES <strong>LIMITED</strong>: Mumbai, Queen’s Mension,2nd Floor, 44 A.K. Naik Marg,Behind Khadi Gramodyog Fort Mumbai400001, 022-30278090/8047 ST<strong>AND</strong>ARD CHARTERED SECURITIES (INDIA) LTD.: Mumbai: Standard Chartered Bank, Standard CharteredTower, 201-B/1, 1st Floor, Western Express Highway, Goregaon (East), Mumbai – 400063 SMC GLOBAL SECURITIES LTD: JAIPUR 401, fourthFloor Shyam Anukampa Opp HDFC BANK Ashok Marg C scheme Jaipur Ph no 9001799686, KOLKATA, 18, Rabindra Sarani Podder Court Gate NO4, 5th Floor Kolkatta -700001 Ph no 09933664479, MUMBAI 258,Perin Nariman Street First Floor Fort mumbai -400001 Ph no 09821111219,9930055430, NEW DELHI/DELHI 17 , Netaji Subhash Marg, Opp. Golcha Cinema Daryaganj, New Delhi-110 002 Ph no 9818620470 , 9810059041,KARVY STOCK BROKING LTDKARVY STOCK BROKING LTD. AGRA:17/2/4, 2Nd Floor, Deepak Wasan Plaza,Sanjay Place, (Behind Holiday Inn),Agra -282 002,0562,2526660/ 61 / 62 / 63; AJMER: 2nd Floor; Ajmer Tower, Kutcheri Road, Ajmer – 305 001, Ph-0145-2628055/65/2629055/ 5120725; AURANGABAD: ShopNo.214/215, Tapadiya City Centre, Nirala BazarAurangabad-431001,Ph: 0240-2363530,52,53,54,57, 9665066551; AHMEDBAD:201-203Shail;Opp: Madhusudhan House,,Near Navrangpura, Telephone Exchange Office, Off C.G. Road,Ahmedbad-380 006,Ph: 079,26445235; 27, Suman Tower,Near Hotel Haveli,Sector No.11, Gandhinagar,Ahmedbad382 011,079, 23249943, 23249985; 208 H J House, Near Ram Baug Police Station,Opp IocPetro Pump, Rambaug, Maninagar,Ahmedbad380 008,079,25466548 / 25466654; 1, Millenium Plaza, Opp. Mansi Towers,Vastrapur,Ahmedbad380015,079,26750401 / 26750434; ALLAHABAD: 2Nd Floor, Rsa Towers, Above Sony Showroom,,57, Sardar Patel Marg, Civil Lines,Allahabad211001,0532, 2260291 / 92; AMRITSAR:72-A Taylor’s Road,Opp.Aga Heritage Gandhi Ground,Amritsar143 001,0183,5053802/3/4/5; ALIGARH : 1stFloor; Kumar Plaza;Ramgath Road, Vishnupuri, Aligarh; Uttar Pradesh-202001, Ph: 0571-2509106, 250910 8, 2405571, 2405572; AN<strong>AND</strong>:ff-6,Chitrangana, Opp: Motikaka Chawl,Vidyanagar Road, Anand,Anand388 120,02692,248980, 248873, 320394; BANGALORE:no 54 “YadalammaHeritage” ,Ground Floor Vanivilas Road, Next To Butter Sponge , Basavangudi,Bangalore560 004,080, 26621192 / 93; No 746, First Floor, KrishnaTemple Road,Indira Nagar, First Stage,Bangalore560 038,080, 25264344 / 2930 / 3249 / 30945543; A/8, 1St Floor, Khb Colony, (Opp.Microland,,(InAirtel Bldg), 80 Feet Road, Koramangala,Bangalore560 095,080,25527301 / 25501647; No.337, Gf-3, Karu na Complex,Sampige Road, Opp: VegetableMarket, Malleshwaram,Bangalore560 003,080,23314678 / 23314680 / 23467548 / 30945549; No.1714, 14/1, 1St Floor, K S S Chambers,(BehindMaruthi Mandir) 21St Main Road, Vijayanagar,Bangalore560 040,080,23119028 / 9041 / 9040; 2019/A, 1St Floor, 3Rd ‘B’ Corss,B’ Sector, YelahnakaNew Town, ,Bangalore560 064,080,28562726/ 2729 32913110 / 3502; BAREILLY:1St Floor, 165, Civil Lines,Opp.Hotel Bareilly Palace, Near RlyStation,Bareilly243 001,0581,2310470; BHARUCH:ff 47/48 Aditya Complex,,Opp. Kasak Fuwara,Bharuch392 001,02642,225207 / 08;BHAVNAGAR:g-1, Gitanjli Complex, Opp - B - Division, Police Station,Opp -B-Division, Police Station, Kala Nala,Bhavnagar364 001,0278,6454004;BHILAI: shop No.138, ,New Civic Centre,Bhilai490 006,0788,2295329 / 37 / 32 / 3097477; BHOPAL: kay Kay Business Centre,133, Zone 1, MpNagar,Bhopal462 011,0755,4092712, 4092714, 4092704; BHUBANESHWAR:624, Saheednagar,First Floor,Bhubaneshwar751 007,0674,2511011- 14, 2547531 / 32 / 33; CH<strong>AND</strong>IGARH: Sco 371-372, Above Hdfc Bank,Sector 35-B,Chandigarh160 036,0172,5071726, 5071727, 5071728 /5079702; CHENNAI: F-3 Adyar Business Court, Old No 5,,New # 51, Gandhi Nagar First Main Road, Adayar, Chennai-600 020,Ph;044,42116586,42116587, 42076803; Chrompet - No 77A,Radha Nagar Main Road, Chromepet,Chennai-600 044, Ph: 044,22653604, 22653605, 22653607; TNagar - F-7 & 8, 3Rd Floor, Mahbubani Towers, ,No. 48, Dr. D N Road, T. Nagar,Chennai-600 017, Ph:044,42076808 / 09 / 30 / 42067836 / 31; No48, Sowcarpet-Sundar Krishnaplaza, 3Rd Floor, No.8, Luckmodoss Street, Sowcarpet,Chennai-600 003,Ph: 044,42051557 / 1471/ 1412; 33/1,Venkataraman Street , COIMBATORE:”Jaya Enclave” 1057/1508,Avanashi Road,Coimbatore641 018,0422,4291000 – 30; Ground Floor, , 29/1,Chinthamani Nagar,N S R Road, Sai Baba Colony,Coimbatore-641 011,0422,2452161 / 162 / 163; CUTTACK: Opp.Jaganath Petrol Pump,ArunodyaMarket, Link Road,Cuttack-753 012,0671,2332680 / 81 / 3110827 / 3109972 / 2613906; DEHRADUN:48/49, Patel Market, Opp: Punjab Jewellers,NearGandhi Park, Rajpur Road,Dehradun-248 001,0135,2713351 / 2714046 ; Kaulagarh Road, Near Sirmour Marg,Dehradun-248 001,0135,2754334,2754336; ERODE: no.4, KMY Salai, Veerapan Traders Complex,Opp: Erode Bus Stand, Sathy Road, Erode-638 003,0424,2225601 / 03 / 15 / 16 / 17/ 24; GHAZIABAD:1St Floor, C-7, Lohia Nagar ,Ghaziabad201 001,0120,2701886 / 2701891 / 2700594; GURGAON: shop No 18, Near HudaOffice, Ground Floor, Opp. Akd Office,Sec.14, Old Delhi Road, Near Madras Restaurant,Gurgaon-122 001,0124,4086419/ 3243535; GUWAHATI:2NdFloor, Ram Kumar Plaza, Chatribari Road,Near Himatshinga Petrol Pump,Guwahati781 001,0361,2608016 / 8102 / 8122; GWALIOR: near NadigatePul, Mlb Road,Shinde Ki Chawani,Gwalior474 001,0751,4069001, 4069002, ; HISSAR: SCO 17 Red Square Market,1St Floor,Hissar125001,01662,225868 (D) / 225845 / 836; HARIDWAR: 8; Govind Puri; Opp Lic -2 Branch,Above Vijaya Bank,ranipur More,Haridwar; Uttaranchal-249401Ph : 01334266514-5/312828; HUBLI: giriraja House, No.451 /B,,Ward No.1, Club Road,Hubli580 029,0836,2353962, 2353974, 2353975;HYDERABAD: 21 , Avenue 4,Street No.1, Banjara Hills,Hyderabad500 034,040,23312454 / 23320251; 15-6-464/470, 1St Floor,Salasar Complex,(Near Fish Market), Begum Bazar,Hyderabad500 012,040,23433100; 1St Floor, Plot No.2, 1-1-128/B, Chan da Nagar,Serilingampally, NearBhel,Hyderabad500 050,040,23030028, 23030029, 23433126/132; Vijetha Golden Empire, Flat No. 103, First Floor,H No.16-11-762/762B & C,Beside Anadal Nilayam, Moosarambagh,Hyderabad500 036,040,23433116 / 117 / 135 134 / 136; 3-5-890, Paras Chambers,Plot No.14-15, GroundFloor, Himayat Nagar,Hyderabad500 029,040, 23388771, 23388772; Sai Vikram Towers, 1St Floor, Kukatpally Main Road,Near Kukatpally Bus Stop,Kukatpally,Hyderabad500 072,040,23433137/119; INDORE:105, 106 & 107,D M Towers, 21/1, Race Cource Road,,Near Janjeerwala Chowrah,,Indore452001,0731,3014200 - 19; JAIPUR:s-16/A, Land Mark, 3Rd Floor,Opp Jai Club, Mahaveer Marg, C Scheme,Jaipur302 001,0141,2378703 / 604 / 605/ 2363321; JAL<strong>AND</strong>HAR: prime Tower, Lower Ground Floor Off.No.3,Plot No 28, G T Road,Jalandhar144 001,0181,4634401 - 14; JAMNAGAR:g-12 & 108 Madhav Plaza, Opp: Sbs Bank,Near Lal Bungalow,Jamnagar361 001,0288,2556520 /2556260 / 2556420; JAMSHEDPUR: 2Nd Floor,Kanchan Towers, ,3 Sb Shop Area, Main Road, Bistupur,Jamshedpur831 001,0657,2487020, 2487045, 2487048; JODHPUR: 203, Modi Arcade,ChopasniRoad,Jodhpur342 001,0291,5103026 / 5103046; KAKINADA: 13-1-46, I Floor,Sri Deepthi Towers, Icici Bank Complex, Main Road,Kakinada533001,0884,2387382 / 2387383 / 2387381 / 3293518; KANPUR:15/46, Civil Lines, Near Muir Mills,Stock Exchange Road,Kanpur208 001,0512,2330127,2331445, 2333395,96; KOLKATA: 49, Jatin Das Road,Near Deshpriya Park,Kolkata700 029,033,24634787 - 89 / 24647231/32 / 4891 / 24650308;22N/1, Block A,New Alipore,Kolkata700 053,033,24576203-05 / 2407 0992 / 2445 0108; P-335, Cit Scheme No. Vi M,~,Kolkata700 054,033,23648927; 23628486; Ad-60, Sector - 1,Salt Lake,Kolkata700 064,033,23210461 - 64 / 0587 / 23344140; KOTA: 29, Shopping Centre, 1 Floor,Near LalaLapatrai Circle,Kota324 007,0744,2365145 / 146 / 144; LUCKNOW: 94, Mahatma Gandhi Marg,Opp: Governor House, Hazratganj,Lucknow226001,0522,2236819-28, 3817001 (Rim); Hig 67, Sector E,Aliganj,Lucknow226 016,0522,2329419, 2329938/39; K S M Tower, Cp 1, ,Sinder Dump,Alambagh,Lucknow226 005,0522,2453168/158 / 176; 24, Usha Sadan, Prem Nagar,Ashok Marg,Lucknow226 001,0522,3213183,; Tej KrishanPlaza, 313/9,Khun Khunji Road, Chowk,,Lucknow226 003,0522,2258454 / 455 / 456; Shivani Plaza, Khunkhunji Plaza, ,2/54, Vijay Khand,Gomtinagar,Lucknow226 010,0522,2391664/65 / 2391280; LUDHIANA: Ground Floor, Sco -3,Feroze Gandhi Market,Ludhiana141 001,0161,4680050To 4680062 And 4680080; MADURAI: 274, Goods Shed Street,~,Madurai625 001,0452,2350855 (D) / 2350852 - 854 ; MANGALORE: mahendraArcade, Ground Floor,No.4-6-577/21/22, Kodial Bail,Mangalore575 003,0824,2492302, 2496332, 2492901; MEERUT:1St Floor, Medi Centre, OppEves Centre,Hapur Road Near Bachha Park,Meerut250 002,0121,2520068; MORADABAD: om Arcade, First Floor, Parkar Road,Above SyndicateBank, Taari Khana Chowk,Moradabad244 001,0591,2310470, 2320470; MUMBAI: 7&8, Eric House, Ground Floor, 16Th Road,Chembur GymkhanaRoad, Near Ambedkar Garden, Chembur,Mumbai400 071,022,25209335, 25209336, 25209337, 25209338; 101 Sapna Building, Above Idbi Bank,S KBhole Marg, Dadar West,Mumbai400 028,022,24329763, 24322158, 24324378, 24329738, 24324662; Jeevan Udyog Bldg, Above Khadi GramUdyog,,Opp Citi Bank, Dn Road, Fort,Mumbai400 001,022,22031601/02/03/04; 29, Patel Shopping Centre, Wst Floor,Opp. Foodland RestaurantSainath Road, Malad (West),Mumbai400 064,022,28824241 / 28828281 / 28895159 / 28891077; 7, Andheri Industrial Estate,Off: Veera DesaiRoad,Andheri (West)400 053,022,26730799 / 843 / 311 / 867 / 153 / 292; 115, Arun Chambers, 1St Floor,Next To A/C Market, Tardeo,Mumbai400034,022,66607042 / 66607043; 103, 1St Floor, Jeevan Chaya Bldg., ,Ram Maruti Road, Naupada ,Thane (West)400 602,022,25446124 / 25446121;Thane - 1St Floor, Jeevan Chaya Bldg., ,Ram Maruti Road, Naupada ,Thane (West) -400 602, Ph:022,25446124 / 25446121; Navi Mumbai:b-153,Vashi Plaza,Sector 17, Vashi,Navi Mumbai400 705,022,67912087, 67912168, 67912169; MYSORE:l-350, Silver Tower, 1St Floor,Ashoka Road,Opp: Clock Tower,Mysore570 001,0821,2524292, 2524294; NAGPUR: 230-231, 3Rd Floor, Shriram Shyam Towers,Next To Niit Building, Sardar,Kingsway,Nagpur440 001,0712,6614146 / 6614145; NASIK: f1, Suyojit Sankul Sharanpur Road,Near Rajiv Gandhi Bhavan,Nasik422 002,0253,6602542/ 6602543 /6602544; NAVSARI: 1St Floor, Chinmay Arcade,Opp: Sattapir, Sayaji Road,Navsari396 445,02637,280362, 280363, 280364; NEWDELHI: 105-108, Arunachal Building,19, Barakhamba Road, Connaught Place,New Delhi110 001,011,23324401 / 23324409/43509200; 110-112,First Floor, Suneja Tower I,Janak Puri District Centre,New Delhi110 058,011,41588242 / 41511403 / 25547637; 23, Shivaji Marg,Motinagar,NewDelhi110 015,011,45436371 /41428630 /41428562 /259288505; 301, Vishal Bhavan,95, Nehru Place,New Delhi110 019,011,26447065 / 26447066<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>43
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”/ 41617868; B 2 Dd A Market, Shop No 50,First Floor, Paschim Vihar,New Delhi110 063,011,25263901 / 2 5263903 / 42321024; 104, 1St Floor,Nanda Devi Towers,Prashanth Vihar, Central Market,New Delhi110 085,011,27864193 / 27864281 / 2786437 7; NOIDA: 307, Jaipuria Plaza, D-68A,2Nd Floor, (Opp Delhi Public School) Sector 26,Noida201 301,0120,2539271, 2539272; PANIPATH:1St Floor, Krishna Tower,,Above AmertexG T Road,Panipath132 103,0180,2644308 /2644376; PATIALA: Sco 27 D, Chhoti Baradari,~,Patiala147 001,0175,5051726 / 27 / 28; PANJIM:no.7& 8, El. Dorado Plaza,Heliodoro Salgado Road, Panjim,Panjim403 001,0832,2426870, 2426871, 2426872; PATNA: Anand Tower, 2Nd Floor,Exhibition Road,Near Republic Hotel, Opp: Mithila Motors,Patna800 001,0612,2321354 / 55 / 56 / 57; PUNE:office No.88, 4Th Floor, B Wing,Shrinath Plaza,Sant Dayaneshwar Paduka Chowk, Fc Road,Pune411 033,020,30203100; Rameera Towers, 130 / 24,Pimprichinchwad,, New TownshipRoad, Tilak Road, Nigidi,Pune411 044,020,27659116 / 115; RAIPUR:02& 03, Lower Level, Millennium Plaza, ,Ground Floor, Behind Indian CoffeeHouse, G E Road,Raipur492 001,0771,2236694-96, 6450194; RAJKOT: 312 Star Chambers, ,Harihar Chowk,Rajkot360 001,0281,6453888;RANCHI:”Commerce Towers”, 3Rd Floor,Beside Mahabir Towers Main Road,Ranchi834 001,0651,2330386, 2330394, 23 30320; SALEM:40,Brindavan Road, Near Perumal Koil,Fair Lands,Salem636 016,0427,2335700 / 2335705 / 2335701 - 704 ; SILIGURI: nanak Complex,2Nd Floor,Sevoke Road,Siliguri734 001,0353,2526393, 2526394, 2526395, 2526396, 2526397, 2526399; SHIMOGA: LLR Road, Opp. Telecom GMS Office,Durgigudi, Shimoga – 577201, Ph-08182-228795; 228796; 227485; SURAT: GF-16, Empire State Building,Nr.Udhana Darwaja, Ring Road,Surat395002,0261,3243497 & 3017151 - 55; TIRUPATI : No16, 1st Floor,Rc Road, Tirupati, Andhra Pradesh -517502Ph: 0877-2252756, 2252426;TRIV<strong>AND</strong>RUM - 2nd Floor; Akshaya Towers; Near Hyundai, Showroom, Above Jet Airways; Trivandrum – 695010, Ph-0471-2725989 - 90-91TIRUPUR - KAMARAJ ROAD : 244 A, 1st Floor, Kamarj Road,Opp Cotton Market Complex,Tirupur, Tamil Nadu-641604Ph: 0421-2214221 /2214319; UJJAIN :101, Astha Tower, 13/1, Dhanwantary Marg,Freeganj,Ujjain-456010Ph: 0734-4250001 TO 4250008; UDAIPUR: 201-202,Madhav Chambers, Opp.Gpo,Madhuban Chetak Circle,Udaipur313 001,0294,5101601 / 602 / 603; VALSAD: Phiroza Corner; Shop No.02; Opp. IciciBank,Tithal Cross Road, Halar Char Raasta,Valsad, Surat, Gujarat,-396001Ph: 02632-326901 / 02; VADODARA:ff-4, Shital Plaza,Uday Nagar Soc,Ajwa Road,Vadodara390 019,0265,3240417, 2510318; C-1/2/3, Jalanand Township, Nr. Undera Jakat Naka,Gorwa,Vadodara390 016,0265,3259060,3240300; B-3, Mangaldeep Complex, Opp To Masonic Hall,,Productivity Road, ,Vadodara390 007,0265,2322 864 & 3243348; 38, Payal Complex,Near Vadodara Stock Exch,Sayajigunj,Vadodara390 005,0265,2225168 / 169, 2361514 / 2225220; VARANASI: d 64 / 132, Ka, 1St Floor,”AnantComplex”, Sigra,Varanasi221 001,0542,2225365 / 2223814; VIJAYAWADA: 39-10-7, Opp: Municipal Water Tank,Labbipetvijayawada5200100866Vijayawada2495200 / 400 / 500 / 600 / 700 / 800; VISHAKAPATNAM:47-14-4, Eswar Paradise,Dwaraka Nagar Main Roadvishakapatnam5300160891Vishakapatnam2752915 To 18; AMBALA: 5509, nichoson road, adjacent kos hospital, ambala cantonement, ambala, 133 001, 0171,2631324. AMRAVATI: shop no.27, gulshan plaza, raja peth, badnera road, amravati, 444 605, 0721, 2565671. ASANSOL: 18 g t road, 2nd floor,asansol, 713 301, 0341, 2214623, 2214624, 2214625. BILASPUR: shop no.201/202, first floor, v r plaza, link road, bilaspur, 495 001, 07752,406701, 236466, 236420.BOKARO: b-1, first floor, city centre, near sona chandi, sector - 4, bokaro steel city, bokaro, 827 004, 06542, 233330,233331, 233332.BURDWAN: birhata (halder complex), 63, g t road, burdwan, 713 101, 0342, 2550801 / 0840 / 0219 . DURGAPUR: old duttaautomobile building, 1st floor, benachity, malancha road, durgapur, 713 213, 0343, 2586375 to 77. FARIDABAD: a-2b, 1st floor, neelam bata road,nit, faridabad, 121 001, 0129, 4181000. GUNTUR: 6-10-18, chunduri house, arundelpet, guntur, 522 002, 0863, 2326686, 2326687. KARNAL: shopno.26, kunjpura road, nehru palace, karnal, 132 001, 0184, 2251524, 2251525, 2251526.KOCHI: Cheruparambathu road, first cross road, kadabanthra,kochin - 682020, .KOLHAPUR: omkar plaza, shop no.f2 & f4, 1st floor, rajaram road, near icici bank, kolhapur, 416 008, 0231, 2 520650.Kottayam: 1st floor, , csi ascension church complex, kottayam, 686 002, 0481, 2302420, 2302421.MEHSANA: ul-47, apollo enclave, highway road,mehsana, 384 002, 02762, 323258, 242950.PONDICHERRY: first floor, no.7, thiayagaraja street, pondicherry, 605 001, 0413, 2220636 / 2220640/ 2220633 / 2220644 .RAJAHMUNDRY: d.no.79-1-3/1, jawahar lal nehru road,, rajahmundry , 533 102, 0883,2437494,2434470,2438188…ril…3097391.ROHTAK: 1st floor, ashok plaza, delhi road, rohtak, 124 001, 01262, 253597, 271983. ROURKELA:plot no.554, 1st floor, sandhu complex, kachery road, udit nagar, rourkela, 769 012, 0661, 2510770, 2510771, 2510772.VAPI: shop no.5, bhikhajiregency, opp: dcb bank, vapi-silvassa road, vapi, 396 195, 0260, 3206404. 3205955. BELGAUM : Mudnur Complex, 2nd Floor,Club Road,City & Dist:Belgaum, Karnataka-590001, Ph : 0831-2402544 / 2402722, BHATINDA: 2047-A, 2nd Floor, Above Max New Yark Life Insurance,The MallRoad,Bhatinda, 151001, Ph : 0164-5006725 TO 727 / 2239521 / 2239522. BHILWARA: 27-28; 1st Floor,Heera Panna Market,Bhilwara, 311001,Ph: 01482-246362-364, 512586. BIKANER :2nd Floor, Plot No 70 & 71, Dr.chahar Building,Panchshati Circle, Sardul Gunj Scheme,Bikaner, 334003,Ph: 0151-2200014.CALICUT: First Floor, Savithri Building,Opp.fatima Hospital, Bank Road,Calicut-673001,Ph : 0495-2760882 / 2760884 / 2760883.GANGTOK: T S Towers, Opp. Hotel Tashi Delek,M G Marg,Gangtok Sikkim - 737101,Ph : 03592-201457 / 58, JALGAON : Laxminarayan Plaza,148,Navipeth, Opp. Vijaya Bank,Jalgoan, - 425001, Ph : 0257-2226761,3024000,01,02,03,04, JAMMU: 5, A D , 2nd Extentition,Green Belt Park,Near Petrol Pump,Gandhinagar, Jammu, - 180012,Ph : 0191- 9205434665, 9205044667, 9205044665; MUZAFFARNAGAR : 203/99c; SadarBazar,Opposite Peace Library,Town Hall Road, Muzaffarnagar, - 251001, Ph : 0131 - 2437349, 2437359, 2433795, NADIAD: 105; City Point,NearParas Cinema,Nadiad; Gujarat, - 387001, Ph : 0268-2563210/245/248; PANCHKULA: 1st Floor, Dss No. 404,Sector-8,Panchkula, - 136109, Ph :0172-2572135 / 2572148 / 2572149; SHILLONG: Mani Bhavan Annexe; Opp. R K M Elp School,Lower Police Bazarthana Road,Shillong; Meghalaya,- 793001, Ph : 0364-2224175 / 2224186 / 2228172; SHIMLA: Triveni Building,bye Pass Chownk,Khalini,Shimla, Himachal Pradesh, - 170002, Ph: 0177-2624453, 2623205; TRICHY: Sri Krishna Arcade, 60,Thennur High Road, Thennur,Trichy, Tamil Nadu, -621017,Ph : 0431-279130004020226;GORAKHPUR: 1st Floor, Above V.i.p. House,Adjoining A.d.girls College; Bank Road,Gorakhpur, -273001,Ph : 5524-2205458; IDBI CAPITALMARKET SERVICES <strong>LIMITED</strong> : MUMBAI Mafatlal Centre , 3rd Flr , Nariman Point, Mumbai-400021, Ph- 91+22-43221212 /43221202/43221143 HEM SECURITIES LTD : GWALIOR, Pavan vihar colony, Jinsinala no.3, near janak hospital, Lashkar, 1ST floor, bhargawa sadan,near ashokapalace, jinsinala no.3, lashkar, JAIPUR-204 Jaipur Tower,M.I.Road, KOTA, 20-A, Talwandi, Mumbai, 14/15, Khatau Bldg,1st Floor,44 Bank Street,Fort-400001, GUWAHATI, Room No. 2006, Ist Floor, Ram Kumars Arcade,Near Parmeshwari Building, Chotibari- 781001, Ph- 2519054 NIRMAL BANGSECURITIES PVT LTD : MUMBAI, 201/301, 2nd Floor, Khandelwal House, Podar Road, Near Podar Park, Malad (E), Mumbai-400097, Ph-7738380315 LKP SECURITIES LTD., : MUMBAI, Maharashtra bank bldg., 45/47, B S Marg, Fort, 400001 ASHIKA STOCK BROKING <strong>LIMITED</strong>: MUMBAI, 1008, Raheja Centre, 214, Nariman Point, 400 021, 022- 66111700, 1008, Raheja Centre, 214, Nariman Point, Mumbai- 400 021, 022-66111700, KOLKATA “Trinity”, 226/1 AJC Bose Road, 7 th Floor Kolkata- 700 020, 033 - 4010 2500 KEYNOTE CAPITALS <strong>LIMITED</strong> : MUMBAI,The Ruby, 9 th Floor, Senapati Bapat Marg , Dadar (W), Mumbai – 400 028 ST<strong>AND</strong>ARD CHARTERED SECURITIES (INDIA) LTD. : MUMBAI,TrainingRoom No. 2, Standard Chartered Tower, 201-B/1, 1st Floor, Western Express Highway, Goregaon, (East), Mumbai - 400 063. Tel.: (91-22) 6755 9626/6751 5851 • Fax: (91-22) 6751 5998 IFCI FINANCIAL SERVICES <strong>LIMITED</strong> : MUMBAI, Mafatlal Chambers , Ground Floor Wing “C” ,N M JoshiMarg ,Lower Parel (E),Mumbai 400 013, Tel: (B) 022 – 43335111, 12 Ajaydeep, 1st Floor, 240 Perin Nariman Street, Bazar Gate, Fort, Mumbai –400001 Tel: B: +91-22-43474900 JM FINANCIAL SERVICES LTD : AHMEDABAD : Mr Bhavesh Shah/Mr.Girish Shah, JM Financial Services Ltd,G-10 Chinubhai Centre, Gr. Flr,Nehru Bridge Corner,Ashram Road, Ahmedabad-380 009.Ph:079-2657 6666 – 70. BANGALORE : Mr YeriswamyReddy/Mr Prashant Upadhyay, JM Financial Services Ltd, 97/4 Residency Rd, Bangalore - 560 025.Ph:-080- 30912400/2299 8264/65/66/67. CHENNAI: Mr B Kalaiselvan/Ms. T V Sumithra, JM Financial Services Ltd, Gee Gee Crystal - 5th Floor,91-92. Dr.Radhakrishnan Salai,Mylapore, Chennai - 600004. Ph:044-4225 5666. HYDERABAD : Mr Ganpathy Murthy/Chandrasekhar, JM Financial Services Ltd, 9-10 Uma Chambers,3rd Floor, BanjaraHills, Hyderabad-500 034. Ph:040- 6636 0009/10/12/46. SECUNDERABAD : Mr Mallesh/Mr Pravin Chary, JM Financial Services Ltd, 3rd Floor, 305Jade Arcade, Opp Paradise Hotel, M G Road, Secundrabad- 500 003. Ph:(040) 3982 5200. INDORE : Mr. Manish Upadhyay/Aarti, JM FinancialServices Ltd, UG-7 & 8, Ground Floor, D M Tower, ,21/1, Race Course Road,Indore-452 004. Ph:0731-307 2111/4262111. JAIPUR : Mr AnuragTandon, JM Financial Services Ltd, G-7 & G-8,Brij Anukamba,Plot No.K-13, Ashoka Marg,C-Scheme,Jaipur -302 001. Ph:0141-3984400. KOLKATA: Mr. Bhaskar Chaterjee, JM Financial Services Ltd, Kankaria Estate, 8th Flr,6th Little Russell Street,Kolkata-700 071. Ph: 033-3987 0330. MUMBAI: Mr Kaushik Datta/R Mukundan/Kedar Pimputkar/Ms Armin Irani, JM Financial Services Ltd, 2,3,4 Kamanwala Chambers,P M Road, Fort,Mumbai-400 001. Ph:022-2266 5577 - 80, 3021 3500.Mr Ashit Vora/Atul Shukla, JM Financial Services Ltd, 1st Floor, Patel House, Next to Bank of Baroda,MG Road, Vileparle (E), Mumbai-400 057. Ph:022-2613 5202-41-67077440-43. Ms Jyotsna Solanki/Mr C V George, JM Financial Services Ltd, 1stFloor, New Pushpanjali II, Jambli Galli, (Factory Lane) , Opp Chintamani Jewellers, Borivali (West), Mumbai-400 092.Ph:022- 6695 9120 - 23/30215400. Mr. Tilak Sanil,JM Financial Services Ltd, 424/425 Kalidas Plaza, V B Lane,Ghatkopar East, Mumbai-400 075.Ph:022-6710 4738/3097 8700.Mr. Nilesh Gavle JM Financial Services Ltd Ground Floor, Anushka, New Link Rd,Andheri (West) Mumbai 400 053 Ph:022- 66191600/612 NEWDELHI : Mr Prasad Nair/Mr C S Tiwari, JM Financial Services Ltd, 5 G&H, 5th Floor, Hansalaya Building, 15, Barakhamba Road, New Delhi -110 001.Ph: (011) 4263 5699. PUNE: Mr Anand Shirke/Mr Sanjay Yelwande, JM Financial Services Ltd, 205 Business Guild ,Opp. Krishna Dining Hall,Law44 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”College Road, Erandawane, Pune-411 004. Ph:020-3987 1601/00/66033720. RAJKOT : Mr Sona Verghese, JM Financial Services Ltd, 202 Solitaire,2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar, Rajkot -360 007. Ph:0281-3984101/3984000.SURAT : Mr. Dipen Shah /Mr Nishant Trivedi, JM Financial Services Ltd, 407, 4th Floor, 21 Century Business Centre, Near Udhna Char Rasta, RingRoad, Surat-395 002. Ph:0261-3984000. VADODARA : Mr. Ghanshyam Vyas/Mr Rashmin Jadhav, JM Financial Services Ltd, G1Ground Floor,Shohan, 49 Alkapuri Society, Opp. HDFC Bank, Alkapuri, Vadodara-390 007. Ph:0265-3984 300. VISHAKHAPATNAM: Mr Satish, JM FinancialServices Ltd, Door No 9-1-224/4/3, 1st Floor, Nandan Nirman, CBM Compound, Near Rama Talkies Junction, Visakhapatnam -530 003. Ph: (0891)3983 800. WARANGAL : Ravinder Jamboju, Soma Financial Services,Drno16-10-1349 , Near Pallavi Hospital , Shiva Nagar , Warangal, AndhraPradesh 506002.Mobile No : 9885644211. SYSTEMATIX SHARES & STOCKS LTD : Mumbai Mahesh M. Ojha JK Samani Building.3rd Floor.British Hotel Lane. Fort Near Stock Exchange British Hotel Lane Fort 400001 022 Ph: 66198185/30298185; Chennai VR Ganeshan 4th FloorBlock C&D Ega Trade Centre 809,Poonamailee High Road Kllpauk .600010 Ph: 044-30582078/80; Hyderabad Venkata Srinivasa Rao 6.3.650.2ndFloor Office No.206 Maheshwari Chambers Samajiguda 500082 500082 Ph: 040-30789113/114/118; Indore Manoj Gupta 206/207.II Floor.BanshiTrade Centre 565/581M.G Road . 452001 Ph: 3018111/15 ; Kota Abhishek 1st Floor .18Sindhi Colony Rawath Bhata Bus Stand Road,Gumanpura324007 Ph: 0744-32955178; Jaipur Amitendra Tepan 116, 1st Floor ,Sunny Paradise Near Kamal &Company.Tank Road 302018 Ph: 0141-3963876 Lucknow Hema Gupta 1st Floor,Indrakarn Plaza Lalbagh Road. Lalbagh. 226001 0522-3255347/49; Kolkata Prakash Jain 1 Old CourtHouse Corner Tabacco House.2nd Floor.Kalkata 700001 Ph: 033-30287505 to 09; Delhi Kaushal Sharma 1303,Nirmal Tower Building, 13th Floor26,Barakhamba Road 110001 Ph: 011-30481213-17; SMC GLOBAL SECURITIES LTD, : Jaipur: 401, fourth Floor Shyam Anukampa Opp HDFCBANK Ashok Marg C scheme Jaipur Ph no 9001799686, Kolkata, 18, Rabindra Sarani Podder Court Gate NO 4, 5th Floor Kolkatta -700001 Ph no09933664479 Mumbai, 258,Perin Nariman Street First Floor Fort mumbai -400001 Ph no 09821111219, 9930055430 , New Delhi, 17 , NetajiSubhash Marg, Opp. Golcha Cinema Daryaganj, New Delhi-110 002 Ph no 9818620470 , 9810059041, SHAREKHAN <strong>LIMITED</strong> : Plot No -1012 ,Godawn , Devi Dayal Compound , Next To Crampton & Greaves Kanjur Village Road. Kanjur Marg ( East ) Mumbai 400042 Tel no 61169179RR EQUITY BROKERS PRIVATE <strong>LIMITED</strong>Ahmedabad: RR Equity Brokers, 401, Abhijit-1, Opp. Bhuj Mercantile Bank, Mithakhali, 6 Road, Navrangpura, Ahmedabad-390009 079- 40211888,IIFL 4th Floor, High Street I, Above promart mall, Law Garden Cross Road, Ahmedabad-380006 Tel No .079-39874071. India Infoline Limited, 2ndFloor, High Street 1, NR. G.L.S. College, Above Pro Mart Mall, LAW Garden Cross road, Ahmedabad-380006, JM Financial Services Ltd, G-10Chinubhai Centre, Gr. Flr,Nehru Bridge Corner,Ashram Road, Ahmedabad-380 009.Ph:079-2657 6666 – 70. Kotak Securities Limited., 207, 2nd Floor,Sakar-II, Ellisbridge Corner, Ashram Road.P:26587276; Integrated: Ashram Road -B/14 Capital Commercial Centre, 1st Floor, Near Sanyas Ashram,Ashram Road, Ahmedabad - 380 009. Phone : 40071030 / 2657667 Ahmedabad - Mani Nagar -LG 12/13/14, H.J. House, Opp. IBP Petrol Pump,Rambaugh, Maninagar - 380 008. Phone : 25450718 / 25463670 Ahmedabad – Navrangpura -21, Nirman, Gr.Floor, Behind Navrangpura Bus Stop,Navrangpura,Ahmedabad 380 009. Phone : 26443289 / 26447825 Bangalore: RR Equity Brokers, S-111,Manipal Centre,47,Deckenson Road,Banglore-42 080-42477177; IIFL31/9, Krimson Square,2Nd Floor, Above Vishal Megamart,Rupena Agrahara, Hosur Main Road, Bangalore 560 068 Tel No. 080-42618100. Banglore -: India Infoline Ltd,Esquire Centre, #9/8,Block no-2C 2nd Floor, MG Road, MG Road Premia, Banglore-560001. JM FinancialServices Ltd, 97/4 Residency Rd, Bangalore - 560 025.Ph:-080- 30912400/2299 8264/65/66/67. Kotak Securities: BANGALORE: Kotak SecuritiesLimited., ‘Umiya Landmark’–II Flr., No:10/7 -Lavelle Rd.P: 66203601; Integrated Malleswaram - No 12, Ramanuja Plaza, Ground Floor, 5th Cross,Malleswaram,Bangalore - 560 003. Phone : 23446386 / 23461470 Bangalore - Indira Nagar - No. 671, 17th D Cross, Indiranagar 2nd Stage,Bangalore- 560 038. Phone : 25258490 / 25219347 Bangalore – Jayanagar - No-20( old CITB No-56) , 1st Floor, 8th-F Main Road, Jayanagar 3rd Block,Bangalore, 560011. Phone : 080-22441561 / 080-26534659 Bangalore – Koramangala - 971, G.K. Towers, 1st Floor, 1st A Main, St.Bed Layout, 4thBlock, Koramangala, Bangalore - 560 095. Phone : 41217750 / 41217751 Bangalore – Banashankari - 1296 1st Floor, 30th Main Road Banashankari2nd Stage Bangalore - 560 070. Phone : 32008338 / 26711389 ; Bhubaneshwar -: SOMI PALACE,1st Floor, Plot No-M5/17,Acharya Vihar,Bhubaneswar-751013 Tel No. 0674-2376414.Bhopal –Integrated, Manasarovar Complex,FM 14,C Block, First Floor,(Near Habibganj RailwayStation),Habibganj Station Road, Bhopal - 462011. Phone : 4266005 / 4266006 Bubhaneshwar –Integrated 39 F, I Floor,Kalika Jewellery andSons,Ashok Nagar, Bhubaneswar - 751009 Phone : 2530613 / 2530614 Chandigarh: RR Equity Brokers, SCO-222-223,Gr. Floor,Sector-34A,Chandigarh 0172-2624896; IIFL,3015/16, 2nd Floor, Sec 22D, Opp Kishan bhawan, Chandigarh-160022.Tel No. 0172- 4650980Chennai: RREquity Brokers, 3rd Flr.,Percision Plaza,New -397, Teynampet, anna Salai, Chennai- 600018 044-42077370/71;IIFL: Tower No-143, MGR Salai, NearTo Life Line Hospital Perungudi, Chennai-600096 Tel No. 044-43982650. Ganesh Complex, 2nd Floor, 393/280, Annasalai Teynampet, Chennai-600018, JM Financial Services Ltd, Gee Gee Crystal - 5th Floor,91-92. Dr.Radhakrishnan Salai,Mylapore,Chennai - 600 004. Ph:044-4225 5666.Kotak Securities: Kotak Securities Limited., GRR Business Cneter, No.21, Vaidyaraman Street, T Nagar.:66462000; Integrated : Adyar - Ground Floor,15, Balaram Road, Adyar, Chennai - 600 020. Phone : 24420776 / 24914178/24451575 Ambattur - Old No.18/2 , New No.58,Mounasamy MadamStreet,Ambattur, Chennai - 600 053. Phone : 26570654 / 26570679 Anna Nagar - No: W-65 A1, TLV Manor, Ground Floor,(Opp. Tower Club),Annanagar, Chennai - 600 040. Phone : 26282616 / 26214371 Ashok Nagar - Old No.22, New No.8, II Floor, 10th Avenue, (Above Krishna Sweets),Ashok Nagar, Chennai - 600 083. Phone : 24895378 / 24718482 George Town - Old No 111 New No 227, Thambu Chetty Street,First Floor (NearKalikambal Kovil),George Town ,Chennai - 600 001. Phone : 25241041 / 25219488 Nanganallur -No 15, 14th Street, 3rd Main Road, Nanganallur,Chennai - 600 061. Phone : 22673928 / 22673728 West Mambalam - 36, Thambaiah Reddy Road North Extn, West Mambalam, Chennai - 600 033.Phone : 23720701 / 23720702, 23720703 Chrompet - No.53 and 55, First Floor, Shop-C, Station Road, Radha Nagar, Chrompet,Chennai - 600 044.Phone : 22653171 / 22653172 Perambur - 56, Madhavaram High Road, First Floor, Opp.SBI, Perambur, Chennai - 600 011. Phone : 25521353 /25521352 Porur - No:9 vinayagar Koil St, New Colony,(Near St. John’s School), Porur, Chennai - 600 116. Phone : 24768399 / Periyar Nagar - No.5,2nd Floor, Chelliamman Colony, Papermills Road, (Next to Shanmuga Mahal), Peravallur, Chennai - 600 082. Phone : 26713123 /24 / 26713125 /26Mogappair:Plot 393-B,Shop S -1,2nd Floor, Thriuvallur Salai, Mogappair, Chennai - 600 037 Phone : 26560587 / 26562586 Mylapore - Old No. 17/2, New No. 18/1, Ground Floor, Balaiah Avenue, Mylapore, Chennai - 600 004. Phone : 24983748 / 24983502 COIMBATORE: Kotak SecuritiesLimited., 1st Floor, Red rose chamber, 1437,Trichy road.P: 6699666; Integrated, R.S.Puram - Janaki Apts., Ground Floor, 29/176, Ramalingam Road(West), R.S. Puram, Coimbatore - 641 002. Phone : 2471944 / 2471505 Integrated, Saibaba Colony - Shop No.19 / 20 Ground Floor, Aarpee Centre,320N NSR Rd, Saibaba Colony, Coimbatore - 641011 . Phone : 2434391 / 2434358 Cochin - Integrated, ‘RAJ SOUDH’, I Floor, 39/3477, M.G.Road,Ernakulam - 682 016. Phone : 2358922 / 2358923 Chembur - Integrated, 11 and 12, Gr Floor, Neelkanth Commercial Complex, Next to HotelOrchids, Govandi Road, Chembur - 400 071. Phone : 25210768 / 25217660 Dhanbad- Integrated, Shri Ram Plaza, 3rd Floor, Shop No.308, BankMore, Dhanbad -Jharkhand - 826001. Phone : 2300737 / 2304331 / 2307635 Dehradun: RR Equity Brokers, 56, 1st Floor, Rajpur Road,Opp.Madhuban, Dehradun, Uttaranchal- 248001 0135-3258181.Faridabad: RR Equity Brokers, Shop No. 55, 1st Floor, Near Flyover,Neelam Chowk,NIIT,Faridabad - 121001, Haryana 0129-02427361;Ghaziabad: RR Equity Brokers, 114, Satyam Complex, Raj Nagar DC, Raj Nagar, Ghaziabad - 201002,Uttar Pradesh 0120-2828090;Goa -: Alfran Plaza , 2Nd Floor, No S - 59/60,M.G.Road, Near Don Bosco School, Panaji Goa 403001 Tel No. 0832-2220011/12/13/14, Integrated 106, 1st Floor, Durga Chambers, Opp. Kenis Hotel, 18th June Road, Panjim,Goa - 403 001. Phone : 2426904 / 2426905Guntur - Integrated, 6-9-15,9/1 Aurndelpet,Guntur - 522002 Phone : 2326624 / 2337809Hyderabad -: India Infoline Ltd, D.No. 5-9-22/B/501, 5th& 6th Floor,My Home Sarovar Plaza,Secretariat Road,Hyderabad-500004. Tel No. 040-44889630. Hyderabad:-India Infoline Limited, My HomeSarovar Plaza, Secret Ariat Road, Hyderabad-04 Kotak Securities: HYDERABAD: Kotak Securities Limited., 9-1-777, 4th Flr, Beside ITC Bldg, S D Rd,(LANE Opp to DBR Diagnosis), P:65326394; JM: HYDERABAD : Mr Ganpathy Murthy/Chandrasekhar, JM Financial Services Ltd, 9-10 UmaChambers,3rd Floor, Banjara Hills, Hyderabad-500 034. Ph:040- 6636 0009/10/12/46. SECUNDERABAD : Mr Mallesh/Mr Pravin Chary, JM FinancialServices Ltd, 3rd Floor, 305 Jade Arcade, Opp Paradise Hotel, M G Road, Secundrabad- 500 003. Ph:(040) 3982 5200. Integrated, No.5-10-197/A, G4,I Floor, Reliance Krishna Apts, Beside Kalanjali Bhavan, Navad Pahad, Hill Fort Road, Hyderabad - 500 004. Phone : 23242375 / 23242472 Hubli-: India Infoline Ltd, 1st Floor, Sona Chambers, Club Road, HUBLI-580029. INDORE : JM Financial Services Ltd, UG-7 & 8, Ground Floor, D M Tower,,21/1, Race Course Road,Indore-452 004. Ph:0731-3072111/4262111.. Kotak Securities: INDORE: Kotak Securities Limited., 314, Citi Centre, 570,M.G. Road.P:2537336;Jaipur: RR Equity Brokers, 7,Katewa Bhawan,Opp. Ganapati Plaza, MI Road,Jaipur- 302001 0141-3235456;IIFL: Jaipur -:5Th Floor, City Mall,Bhagwandas Road,(Near To Rajmandir Cinema) Jaipur -302001. Tel No. 0141-3063301. Jaipur -: India Infoline Ltd, 50, JDAMARKET, Mansarovar Link Road, Hans Marg,Gopalpura Byepass,Jaipur-302018 Tel No. 0141-3085032. JM Financial Services Ltd, G-7 & G-8,BrijAnukamba,Plot No.K-13, Ashoka Marg,C-Scheme,Jaipur -302 001. Ph:0141-3984400Jamshedpur -: IIFL: 1st Floor,Tiweri<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>45
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”Bechar,Bistupur,Jamshedpur-831001. Tel No. 09771435523. Integrated, Shop No.8, Meghdeep Apts, H No.5, Line No.2, Q Road, Bistupur, Jamshedpur,Pincode - 831001, Jharkhand. Phone : 2756319 / 2756321 Karaikudi - Integrated, Mahendra Complex, 7/1, Poisollameyyar Street, New Town,Karaikudi - 630 001. Phone : 238452 / 235174 l Karur - Integrated, 43, Padma towers, III Floor, Covai Road, Karur – 639 002 Phone : 234128 /234129 Kumbakonam - Integrated, 36/37, Pachayappa Street, Kumbakonam - 612 001. Phone : 2431520 / 2422670 Kakinada - Integrated, LIG7, 2-6-38, AP Housing Board, 100 Building Center, Srinagar,Kakinada - 533 003. Phone : 2377258 Kochi -IIFL:2Nd Floor,Sana Tower,M.G.Road,JoseJunction, Kochi -16. Tel No. 0484- 4028071.Kolkata: RR Equity Brokers, 704,Krishna Bldg.,224,AJC Bose Road, Kolkata- 700017 033-22802963/22806878; IIFL: Kolkata -: Zonal Off, 1, Shakespere Sarani, Acmarket, 5Th Floor, Kolkata -700071. Tel No. 033-64590742. Kolkata -: India InfolineLtd,Zonal Off, 1, Shakespere Sarani, ACMarket,Theatre Road,9th Floor, Kolkata -700071.JM: KOLKATA : Mr. Bhaskar Chaterjee, JM FinancialServices Ltd, Kankaria Estate, 8th Flr,6th Little Russell Street,Kolkata-700 071. Ph: 033-3987 0330. Integrated: Kolkata – Dalhousie - No. 210, A-Wing,2nd Floor, 24.Hemanta Basu Sarani,Mangalam,Kolkata - 700001 Phone : 22310556 / 22310557 / 22310558 Kolkata – Garia -D/122, Ramgarh,P.O.Naktala, Garia Ganguli Bagan, Kolkata - 700047Phone : 24290552 / 24290553/ 24290554 Kolkata - Salt Lake -BA-37, Sector -1, PNB Island,Kolkata- 700 064 Phone : 23580900 / 23580890 Kolkata – South -Flat No.1-B, 4C Lansdowne Place, Opp. Road of Ramakrishna Mission Hospital,Kolkata - 700 029. Phone : 24746400 / 24742705 KOCHI: Kotak Securities Limited., 40/1400, 11th Floor, Ensign Enclave, Jos Junction, M.G.Road.P: 2377386; KOLKATTA: Kotak Securities Limited., 5th Floor, Apeejay House, Block ‘B’, 15, Park Street,P:22273999; Lucknow: RR EquityBrokers, G-32,Shriram Tower,13- A,Ashok Marg, Lucknow- 226001 0522- 4057612;IIFL: Chunniganj-: India Infoline Ltd, MCS Building, 96-5,Chunniganj The Mall, Kanpur UP-208001.Integrated: Lucknow - 207 - A, 2nd Floor, Saran Chambers II, 5, Park Road, Lucknow - 226 001. Phone :2235736 / 2236766 Mumbai: RR Equity Brokers, 18 First Floor,105 bombay Samachar Marg.,Fort, Mumbai- 400023 022-40544201/224; RR EquityBrokers, 133A, Mittal Tower, A Wing, 13th Floor, Nariman Point, Mumbai- 400021 9324804084;IIFL: Mumbai -: India Infoline Limited, IIFL House,PlotNo.B-23, Road No.16, Thane Wagle estate, Thane (W)-400604. Tel No. 41035273/74/41030211. Mumbai -: India Infoline Ltd,Off No-1A,Building No 105,Opp. Bharat House,Mumbai Samachar Marg,Fort, Mumbai 400001. Tel No. 8898073617/022-49142100,JM: MUMBAI : Mr KaushikDatta/R Mukundan/Kedar Pimputkar/Ms Armin Irani, JM Financial Services Ltd, 2,3,4 Kamanwala Chambers,P M Road, Fort,Mumbai-400 001.Ph:022-2266 5577 - 80, 3021 3500.Mr Ashit Vora/Atul Shukla, JM Financial Services Ltd, 1st Floor, Patel House, Next to Bank of Baroda,M G Road,Vileparle (E), Mumbai-400 057. Ph:022-2613 5202-41-67077440-43. Ms Jyotsna Solanki/Mr C V George, JM Financial Services Ltd, 1st Floor, NewPushpanjali II, Jambli Galli, (Factory Lane) , Opp Chintamani Jewellers, Borivali (West), Mumbai-400 092.Ph:022- 6695 9120 - 23/3021 5400. Mr.Tilak Sanil,JM Financial Services Ltd, 424/425 Kalidas Plaza, V B Lane,Ghatkopar East, Mumbai-400 075.Ph:022-6710 4738/3097 8700. Mr. NileshGavle JM Financial Services Ltd Ground Floor, Anushka, New Link Rd,Andheri (West) Mumbai400 053 Ph:022- 66191600/612, Kotak Securities:MUMBAI: Kotak Securities Limited., 32, Gr Flr., Raja Bahadur Compound, Opp Bank of Maharashtra, Fort, Mumbai-400 023.Tel:22655074; IIFL:Pune -: 5Th Floor, Lohia Jain It Park, Chandani Chowk, Paud Road, Pune-411038. Tel No. 020-30913423/020-30913414. Pune-: 5th Floor, LohiaJain IT Park, Survey No- 150/A/1+2, Plot No-1 Paud Road, Kothrud Pune - 411038.JM: PUNE: Mr Anand Shirke/Mr Sanjay Yelwande, JM FinancialServices Ltd, 205 Business Guild ,Opp. Krishna Dining Hall,Law College Road, Erandawane, Pune-411 004. Ph:020-3987 1601/00/66033720 IIFL :Nashik -:10 & 11, Viraj Corner, Canada Corner, Nashik-422005. Tel No. 0253-3918750. Sharekhan Limited : Mumbai , 10th Floor, Beta Building,LodhaiThink Techno Campus,Off. JVLR, Opp. Kanjurmarg Station, Kanjurmarg (E), Mumbai – 400 042. Integrated: Matunga -No 15, Old MahavirBuilding,Mahavir Market,Bhandarkar Road,Matunga East,Mumbai - 400 019. Phone : 24013163 / 24013164, Bandra -Shop No.7, Veena BeenaComplex, Opp Bandra Railway Station,Mumbai - 400 050. Phone : 26403883 / 26558735 Borivali -No. 4, Gora Gandhi Apts, I Floor, Above HotelSamrat, Chandavarkar Lane,Borivali - 400 092. Phone : 42087200 Andheri -No.210, II Floor, Centre Square, S.V.Road, Andheri West 400 058. Phone: 42087100 Vashi -A-216, 1st Floor,Vashi Plaza, Sector - 17, Vashi, New Mumbai - 400 703 Phone : 27660042 / 27660043 Vile Parle -Shop No. 105,1st Floor, Super Market,Monghibai Road, Next to Bank of Maharashtra,Vileparle East, Mumbai - 400 057. Phone : 26133855 / 26182137 Dadar West-F - 4, Ground Floor, F. Kasturchand Building, Gokhale Road South, Opp Portugese Church, Dadar West, Mumbai 400 028. Phone : 24318356 /24318496 Dombivili -107, Triveni Building, 1st Floor, Opp: Nityanand Hotel, Jawaharlal Nehru Road, Dombivli (E), Mumbai - 421 201. Phone :2433471 / 2863717 Ghatkopar -24, Odeon Shopping Centre, Vallabhbaug Lane, Ghatkopar East, Mumbai-400 077. Phone : 40331501 / 40331502Thane Station -No 102, I Floor,Shree Krishna Complex CHS Ltd, Dada Patil Wadi, Next to Ganesh Towers ,Thane West - 400 602. Phone : 25301256/ 25301257 Thane - Vasant Vihar -22,Amrapali Arcade, Vasant Vihar, Pokhran Road 2, Thane West - 400 601. Phone : 21730813 / 21730814 Fort -Dalal St. -59, Sonawala Building, Gr.Floor, Bombay Samachar Marg, Fort,Mumbai - 400 023. Phone : 22662825 / 22662728 Integrated: Pune – Camp-Shop No.23, East Street Gallery, East Street, Camp, Pune - 411 001. Phone : 26361633 / 26361634 Pune – Kothrud - Shop No 2, Sai Sayaji Villa 163,Azadwadi , Shastrinagar, Near Vivekanand Chowk, Kothrud Road, Pune - 411 038. Phone : 25389232 / 25388667Pune - Shukrawar Peth -7 and 8Arthshilp, Gr.Floor, 1349, 1350, Shukrawar Peth, Bajirao Road,Pune - 411 002. Phone : 24473944 / 24481891 , Integrated, No.7 1st floor,Abhishekcommercial complex,Above Dena Bank,Plotno.104,S V Road Malad (w) Phone : 28802878 / 28823965 Integrated, S-13-14, Gala Kunj Apartments,Dr.Ambedkar Road, Mulund West,Mumbai - 400 080. Phone : 25690700 / 25927065, Nagpur – Integrated, Dhantoli - Block No.108, Sathyam Towers,(First Floor), (Diagonally opposite to BIG BAZAAR), Plot No.8, Wardha Road, Dhantoli, Nagpur – 440012. Phone : 2420105 / 2443106 Nasik -Integrated, B Wing, Parshuram Apts, Opp. Times of India Office, College Road,Nasik - 422 005. Phone : 2575524 / 2316300 Madurai - Integrated,82, 1st Floor, Vakkil New Street, Madurai - 625 001. Phone : 2630305 / 2620560 Mayiladuthurai - Integrated, 1A/2, Kallarai Thoppu Street,Mayiladuthurai - 609 001Phone : 240046 Mysore - Integrated, 133, Shika Towers, Second Floor, Rama Vilas Road, Mysore - 570 024. Phone :2424188 / 4266682 MANGALORE: Kotak Securities Limited., No.4, 3rd Floor, The Trade Centre, Jyoti Centre, Bunts Hostel Road, Near Jyoti Circle,P: 424180; New Delhi: RR Equity Brokers, 47, M.M. Road, Rani Jhansi Marg, Jhandewalan, New Delhi – 110055 011-23636363/62; RR EquityBrokers, 105, Anchal Plaza,Nelson Mandela Road Vasant Kunj,New Delhi-110070, 011-26891262,26134764 ; RR Equity Brokers, 105, PratapBhawan , Bahadur Shah Zafar Marg, New Delhi - 110001 011- 49505500,41509018 ; RR Equity Brokers, 118, Gagandeep Building, Rajendra Place ,New Delhi- 110008 011- 25764872,41538956; RR Equity Brokers, 106, Pankaj Chambers, Preet Vihar Commu nity Centre, Delhi - 110092, 011-42421238-39, 49504400;RR Equity Brokers, Shop No. 24, FD Market, Near Madhuban Chowk, Pitampura , Delhi - 110034 011 – 27311419; RREquity Brokers, N-24 - 25, Connaught Place, New Delhi - 110001 011- 41523306, 46308803, 41523229; RR Equity Brokers, 111, Jyotishikhar, 8Distt. Centre , Janakpuri, New Delhi - 110018 011- 25617654; IIFL: New Delhi - : 71/3, 1St Floor, Rama Road, Najaphgarh Road, Above Dhl Bldg,Motinagar New Delhi-110015. Tel No. 011-42965037. New Delhi -: India Infoline Ltd71/3 ,1st Flr Najafgarh Road,Industrial Area , New Delhi -110015. 011-49315057. JM: NEW DELHI : Mr Prasad Nair/Mr C S Tiwari, JM Financial Services Ltd, 5 G&H, 5th Floor, Hansalaya Building, 15,Barakhamba Road, New Delhi -110 001. Ph: (011) 4263 5699. Kotak Securities: NEW DELHI: Kotak Securities Limited., 202-217, 2nd Floor,Ambadeep Building, 14, Kasturba Gandhi Marg.P:66313131; Integrated: New Delhi – Janakpuri -UG - 30, Suneja Towers - II, District Centre, Janakpuri,Newdelhi - 110 058. Phone : 45170345 / 45170346 New Delhi - Karol Bagh -1691 / 36, (I Floor), Arya Samaj Road,(Opp. to Satbhrawan School),Naiwala,Karol Bagh,New Delhi-110 005. Phone : 45170331 to 45170335 New Delhi - Nehru Place -No. 316, 3rd Floor, Hemkunt Chambers, NehruPlace, New Delhi - 110 019. Phone : 46681444 / 46681445 New Delhi - Preet Vihar -204, Sagar Plaza, Next to Coffee Home, Laxmi Nagar DistrictCentre,New Delhi - 110092 Phone : 47587168 / 47587169 Meerut -IIFL 2Nd Floor, Above Hdfc Bank,381 Westwern Kacheri Road,Meerut-250002.Tel No. 0121- 40161777.Noida: RR Equity Brokers, P-5,Sector - 18,Noida- 201301, Uttar Pradesh 0120-4336992; Nellore - Integrated, ShopNo.27, Co-operative Bank Shopping Complex, Trunk Road, Nellore - 524 001. Phone : 2326297 / 2332040 Patna – IIFL, 2Nd Floor, AshianaChamber, Block ‘A’, Exibition Road, Opp.Republic Hotel, Patna -800001. Tel No. 0612-6455416. Integrated, No.313, Jagat Trade Centre, FraserRoad, Patna 800 001. Phone : 2205943 Puduchery - Integrated, No.40-A,Aurobindo Street, (Between M.G.Road & Mission Street), Pondicherry - 605001.Phone : 2222155 / 4207233 Palghat - Integrated, No 15/152, J.K. Building, Coimbatore Road, Sulthanpet, Palakkad - 678001. Phone : 0491-3291019 / 2535519 Raipur IIFL, Nagdev Plaza, Block-A,1St Floor,Jail Road,Infront Of Hotel Satluj,Kutchery Chowk. Raipur-492001. Tel No. 0771-4211666/7714211601.Rajamundhry - Integrated, 6-14-7/1, Opp. Pala Varthakula Sangam, Achantavari St, T.Nagar,Rajamundhry - 533101. Phone: 2422120 / 2437533 Rajkot -: IIFL: Millennium Square,2Nd & 3Rd Floor,Opp Royale Inn Hotel,Phulchab Chowk, Rajkot-360001. Tel No. 0281-6198301. JM Financial Services Ltd, 202 Solitaire, 2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bunglow, Ramkrishna Nagar,Rajkot -360 007. Ph:0281-3984101/3984000 Integrated, 130, Star Chambers, 1st Floor, Harihar Chowk, Dr. Rajendra Prasad Road,Rajkot - 360 001.Phone : 3041451 / 2240373 SURAT: Kotak Securities Limited., Kotak House, K G Point, 1st Floor, Nr.Ganga Palace, Opp.IDBI Bank, GhoddodRoad.P: 2254553;Surat - IIFL:701, 702, 709, 710, 21st Century Business Centre, Near Udhna Darwaja,Ring Road ,Surat-395002. Tel No. 0261-6677515 JM: SURAT : Mr. Dipen Shah /Mr Nishant Trivedi, JM Financial Services Ltd, 407, 4th Floor, 21 Century Business Centre, Near Udhna CharRasta, Ring Road, Surat-395 002. Ph:0261-3984000. Integrated, C-18 1st Floor,Belgium Chambers, Next to City Co-op Bank, Main Ring Road, Delhi46 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”Gate, Surat - 395 003. Phone : 2454535 / 2450086, 2410815 Secunderabad -: IIFL: 12-5-29/11, 2nd floor, Castle Mansion, Above Appollo Hospitals,Batukammakunta, Tarnaka Secunderabad- 500017. 040-40078293. Integrated, 202,Second Floor, Karan Centre Sarojin Devi Road, Secunderabad-500003. Phone : 27845605 / 27816080 Salem - Integrated, Shop No.8/9/10, M.R.Complex, 1st Floor, No.114, Kanakupillai Street, Alagapuram,Salem - 636016. Phone : 2446727 / 2336746 Thanjavur- Integrated, 1999, Kamal Towers, West Main Street, Thanjavur – 613 009.Phone:230928/ 230929.Tirunelveli: Integrated, Arunagiri Complex Next To SBI 25b-1/31 and 25b-1/32 I Floor, S.N.High Road, Tirunelveli Junction - 627 001Phone : 2323331 Trichy - Thillai Nagar - Integrated, 25-A Sastri road, Gitanjali Apts ,Thillai Nagar,Trichy - 620018 Phone : 2742068 / 2741468,Chatram Bus Stand - Integrated, Chitra Complex - No.11, Gr. Floor, Near Chatram Bus Stand, Trichy - 620 002. Phone : 2703670 / 2716387, Srirangam- Integrated, 1st Floor,Dr. Prabaker Rao Complex, 17-C,Gandhi Road,Srirangam, Trichy - 620 006. Phone : 2436211 / 2433512 Trichy – ThiruverumburIntegrated, - Plot No. 23, Erumbeeswarar Nagar, Malaikoil, Thiruverumbur, Trichy - 620013. Phone : 6460246 / Tambaram - Integrated, 135, (OldNo.33) Ayyaswamy Street, West Tambaram, Chennai-600 045. Phone : 22260557 / 22260386 T.Nagar - Integrated, Motilal Street - 42/1, MotilalStreet, T.Nagar, Chennai - 600 017. Phone : 24347830 / 24341642 T.Nagar - Integrated, North Usman Road - 1st Floor, Kences Towers, 1,Ramakrishna Street, North Usman Road, T.Nagar, Chennai - 600 017. Phone : 28140484 Triplicane Integrated, Old No.33,New No.69 1st Floor, SVSCenter, Big Street, Triplicane, Chennai - 600 005 Phone : 28543156 Thrissur - Integrated, 1st Floor, B Inland Arcade, Mannath lane, Thrissur - 680001. Phone : 3204561 / 3204562 Trivandrum - Integrated, Aashiana, 1 Floor, TC 28/2829 (2), Kuthiravattom Road, Trivandrum - 695 001. Phone: 0471-2461593 Tirupathi - Integrated, D.No.10-13-490A, 2nd Floor,Beside Krisha Reddy Hospital, Tirupathi - 517501. Phone : 2224001 / 2224003Vadvalli Integrated, Shop No.4 “Sakthi Centre” Ground Floor, Muthammal Avenue, Maruthamalai Main Road, Vadavalli,Vadodara: RR EquityBrokers, 222 Siddharth Complex,RC Dutta Road.,Vadodra- 390007 0265-3256190/2353195.IIFL: Baroda -: GF-14/15 AMrapali Complex Water TankRoad, Karelibaug, Vadodara-390018. Tel No -: 0265-3018261. 3rd Floor, Bhagwan Chamber, Opp. Circuit House, Alkapuri , Baroda – 390007JM:VADODARA : Mr. Ghanshyam Vyas/Mr Rashmin Jadhav, JM Financial Services Ltd, G1Ground Floor, Shohan, 49 Alkapuri Society, Opp. HDFC Bank,Alkapuri, Vadodara-390 007. Ph:0265-3984 300. Kotak Securities: Baroda : Integrated Alkapuri -F- 40/41, National Plaza, 1st Floor, R.C.Dutt Road,Alkapuri, Baroda - 390 007. Phone : 2343677 / 2341608 Baroda – Makarpura -SB-12 Silver Coin, Basement, Opp. Bhavan’s School, Teen Rasta,Makarpura Road, Vadodara - 390 009. Phone : 6451008 / 2648001 Baroda – Raopura -GF-4 Mahavir Complex, Near G.E.B. Sub Station, NavrangTalkies Road, Raopura, Baroda - 390 001. Phone : 2421099 / 6585433 VISHAKHAPATNAM: JM Financial Services Ltd, Door No 9-1-224/4/3, 1stFloor, Nandan Nirman, CBM Compound, Near Rama Talkies Junction, Visakhapatnam -530 003. Ph: (0891) 3 983 800. Kotak Securities:VISAKHAPATNAM: Kotak Securities Limited., Door No.47-10-15, VRC Complex , 2nd Floor, Railway Station Rd , Dwarka Nagar, P: 6642009Integrated, -TC-1, 3rd Floor, Dwaraka Plaza, Main Road, Dwaraka Nagar, Vizag - 530 016 . Phone : 2513606 / 2747020 Velachery - Integrated, 189/2, 100 Feet By-pass Rd, Next to Appasamy Hospital, Vijayanagar, Velachery, Chennai-600 042. Phone : 42184538 / 42184970 Virugambakkam -Integrated, No:1,Rajeshwari Colony, (Near Girias & next to LIC) Virugambakkam. chennai-93 Virugambakkam, Chennai – 600 092 Phone : 23774408/ 23774497 Vijayawada - Integrated, D No. 29-13-29, Ist Floor, Kaleswara Rao Road, Near Dornakal X Roads,Suryaraopeta,Vijayawada - 520 002.Phone : 2472414 / 2470517 Warangal - Integrated, C-15/16, Green Square Plaza, Vadderaju Complex, Near Petrol Pump, Opp: Public Garden,Hanmakonda, Warrangal Dist - 506 001. Phone : 2546421 / 2546471TRADING MEMBERSThe Trading Members shall accept Application Forms only in such cities/ towns where the banking branches (escrow banks) areavailable. Details of such branches of the Escrow Banks where the Application Form along with the cheque/ demand draft submittedby a Non ASBA applicant shall be deposited by the Trading Members are available on the websites of NSE and BSE at www.nseindia.comand www.bseindia.com, respectively.Sr. Syndicate ASBA Branch Address Contact Person Contact Number FaxNo. Bank1 Axis Bank Limited Centralised Collections and Payment Hub (CCPH) 9th Floor, Solaris, C-Wing Opp Mr Kirit Rathod, Vice President 022-40754981 / 82 / 83 / 022-40754996L&T Gate No 6, Saki Vihar Road, Powai, Mumbai – 400072 98208508292 State Bank of Gunfoundry, Hyderabad Sri Ashok Kulkarni 040-23387325 040-23387743Hyderabad3 Corporation Bank Capital Market Branch, Ist Floor, Earnest House, NCPA Marg Nariman Point, Mr Amod Kumar 22841406/ 22842764/ 022-22843823Mumbai-400021 98703400314 State Bank of Anakatchery Buildings, Y M C A Road, Statue, Thiruvananthapuram-695001 P.P. MURALEEDHARAN 0471-2333676 0471-2338134Travencore5 IDBI Bank Limited IDBI Bank Limited, Central Processing Unit, Sarju House, 3rdFloor, Plot No 7, Street Meyyappan VR /Meenakshi 022-6670 0659/66700660 022-No. 15, Andheri MIDC, Andheri (E), Mumbai, Pin : 400093 Khangarot 66700669/7086 State Bank of State Bank of Bikaner & Jaipur, P.R. Road, Jaipur -302005 Shri Arun Paliwal 0141-4003380/ 9413398771 0141-2365219Bikaner & Jaipur7 Yes Bank YES Bank Limited, Tiecicon House, Second Floor, Dr. E Moses Road, Mahalaxmi, Mahesh Shirali / Manoj Bisht/ 022 66229031 / 9164 / 9070 022 24974875Mumbai 400 011Shankar Vichare8 Punjab National Capital Market Services Branch, PNB House, Fort, Sir P.M.Road, Mumbai Sh. K K Khurana Tel – 022- 22621122, 022 – 22621124Bank 22621123,9 Deutsche Bank Sidrah, 110, Swami Vivekananda Road, Khar (West), Mumbai- 400052 Manish Kulkarni 022-6600 9428 022-6600966610 Union Bank of India Mumbai Samachar Marg Branch Mr.O.P.Jain 022- 22629411/ 2262 9404 022-2267 668511 HDFC Bank Limited FIG – OPS Department, Lodha, I Think Techno Campus, O-3 Level, Next to Deepak Rane / 022-30752928 / 30752927 022 -25799801Kanjurmarg Railway Station, Kanjurmarg (East) Mumbai - 400 042 Maharashtra. Uday Dixit12 Bank of Baroda Mumbai Main Office Mr. Sonu A. Arekar 40468314, 40468307 022-2283523613 ICICI Bank Ltd Capital Market Division,Fort Roshan Tellis 022-22627600 022-2261113814 Vijaya Bank HEAD OFFICE BLDG 41/2,M G ROADBANGALORE KARNATAKA STATE-560001 Vittaldas Acharya 080-25584281 080-2558428115 Bank of Maharashtra Fort Branch, 1stFloor, Janmangal, 45/47, Mumbai Samachar Marg, Mumbai – 23 A D Deshpande (Assistant 022-22694160/22652595/ 022-22681296General Manager) 22663947/ 973000043816 STATE BANK OF Capital Market Branch, Videocon Heritage Building (Klick House),Charanjit Rai Ms Vidya Krishnan 022 22094927,INDIA Marg, Fort, Mumbai-400 001 022 2209493217 Andhra Bank 18, Homi Modi StreetNanavati Mahalaya, Fort Branch, Mumbai-400023. Mr.K.Umamaheswaram, 022-22046160/ 022-22046160Chief Manager / Mr.T.V. Rao,Sr.Manager(Operations)18 HSBC Limited 3rd Floor, PCM Dept. Umang, Plot CTS No. 1406-A/28, Mindspace, Malad (West) Mr Jagrut Joshi (022) 67115485/ 9870403732 (022) 66536005Mumbai 400 064 (address of IPO Operations office)<strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>47
“IN THE NATURE OF FORM 2A - MEMOR<strong>AND</strong>UM CONTAINING SALIENT FEATURES OF THE PROSPECTUS”19 Kotak Mahindra Kotak Infiniti, 6th Floor, Building No. 21, Infinity Park, Off Western Express Sanjay Sawant +91 22 66056587 +91 22 66056642Bank LtdHighway, General AK Vaidya Marg,Malad (E)20 Bank of India Stock Exchange Branch, Phiroze Jeejeebhoy Tower, (New Stock Exchange Bldg), Shri B. B. Sharma, Manager 022- 2272 1677 (Direct) 022-2272 1782P. J. Tower, Dalal Street, Fort, Mumbai – 400 023. 022- 2272 2399 (Board)21 CITI Bank Citigroup Center, Plot No C-61, Bandra-Kurla Complex, Bandra (E), Mumbai-51 S Girish 022-26535504 98199 12248 022-2653582422 IndusInd Bank Premises No. 1, Sonawala Building 57, Mumbai Samachar Marg, Fort, Mumbai 01 Mr. Yogesh Adke 9833670809 / 022-66366589 022 - 6636659023 Allahabad Bank Allahabad Bank, Fort Branch, 37, Mumbai Samachar Marg Post Box No. 282, Shri S. K. Jain Chief Manager (022)- 22655739, 22662018 (022)- 22661935Mumbai, Maharashtra 400 02324 Karur Vysya Bank DEMAT CELL, FIRST FLOOR, No 37, WHITES ROAD, ROYAPETTAH, NORI SUBRAHMANYAM 044- 28518265 044-28518269Ltd CHENNAI - 600 01425 The Federal Bank ASBA CELL, Retail Business Dept., Federal Bank, Marine Drive, Ernakulam 682031 Dhanya Dominic 0484-2201847 4842385605Limited26 Indian Bank Nandanam Branch- 480 Anna Salai, Nandanam 600035 Mr. V Muthukumar / 044 24330233 044 24347755Mr. M Veerabahu27 Central Bank of India Ground floor, Central Bank of India, Central Bank Building, Fort, Mumbai 400001 Mr. Vineet Bansaj 022- 22623148, 22623149 022-2262315028 Oriental Bank of 67, Bombay Samachar Marg, Sonawala Building, Fort, Shri B.K. Palrecha 022-22654791/95 022-22654779Commerce Mumbai -400001 Asstt. General Manager29 Standard Chartered Crescenzo, 3rdFloor, C/3839, G-Block, Opp. MCA Club, Brandra- Kurla Complex, Ms. Priscilla Dsilva +91 22 26757227/234 +91 22 26757358Bank Bandra(E),Mumbai 400 05130 J P Morgan Chase J.P. Morgan Tower, Off C.S.T. Road, Kalina Santacruz - East, Mumbai - 400 098 Nandita Halady 6157 3833 6157 3910Bank, N.A.31 Nutan Nagrik Opp samratheshwar mahadev, Nr, Law Garden, Ellisbbridge. Miti shah 9879506795 7926564715Sahakari Bank Ltd.32 UCO Bank Mumbai Main (Retail) Br., UCO Bank Bldg., D. N. Road, Mumbai- 400 023 Manager 022 40180105 222287075433 Canara Bank Merchant Banking Division, 407-412, 4thFloor, Himalaya House, 79, Mata Ramabai Mr. K. S. Prasanna 022-022-22677405/406 022-22677404Ambedkar Marg, Mumbai 400 00134 United Bank of Global Cash Management Services Hub, 4th Floor,United Bank of India, United AGM (CMS & Demat) 033 22624175/ 2262417India Tower, Head Office,11, Hemanta Basu Sarani, Kolkata – 700 001.35 Syndicate Bank Capital Market Services Br. 26A, First Floor, SyndicateBank bldg, P.M.road, Fort, P Padmavathy Sundaram, 022-22621844 022-22700997Mumbai - 1Chief Manager36 South Indian Bank ASBA Cell (NODAL OFFICE)1st Floor, SIB Building, Market Road, Ernakulam – John K Mechery 9645817905 0484-2351923682035, Kerala, India.37 Indian Overseas Chennai DP Branch, Mezzanine Floor, Cathedral Branch, 762, Anna Salai, Chennai Mr. R.S. Mani / Mr. 044-28513616/ 044- 28513619Bank 600 002 M. Sasikumar 28513617/ 2851361838 Tamilnad Mercantile TAMILNAD MERCANTILE BANK LTD.,DEPOSITORY PARTICIPANT Mr. K. Natarajan 044-26192552 044-26204174Bank Ltd.SERVICES CELL, THIRD FLOOR, PLOT NO.4923, AC/16, 2nd AVENUE, ANNANAGAR (WEST), CHENNAI - 600 040, TAMILNADU, INDIA39 City Union Bank 48, Mahalakshmi St.,T.Nagar, Chennai - 600 017. Sivaraman 044 - 24340010, 044 - 24348586Ltd. 24343517, 24346060,24348586 , 9380286558,9382642081, 938028655840 BNP Paribas French Bank Bldg., 62, Homji Street, Fort, Mumbai – 400 001 Mr. Prem Mariwala 022-66501376 022 – 6650162041 The Kalupur Kalupur Bank Bhavan, Nr. Income Tax Circle, Ashram Road, Ahmedabad-380 014 Jay V. Pathak Manager 079-27582028 079-40014118/Commercial Co- 40014149Operative Bank Ltd.42 Bank of America EA Chambers, Express Avenue 8th Floor No. 49, 50L, Whites Road, Royapettah, Swaminathan Ganapathy 044-42904526 044-43528911N.A. Chennai 60001443 The Lakshmi Vilas 64,dr,v.b.gandhi marg, p.b.no.1783, kalaghoda, fort mumbai, great mumbai district, Raghu Nagarajan 022-22672255-22672247(M) 22670267Bank Ltd. maharashtra-400001 22673435(CM)44 State Bank of CO 99-102, Sector - 8C, Chandigarh Shri. Amarjit Singh Girn 0172-2779116, 2546124, 0172-2546080Patiala 2543868/ 977958609645 State Bank of Dalal Street, P.B.No.1066, #24/28, Cama Building, Dalal Street, Fort, Mr.Rajeshwar Das, Manager 9022469176 022-22656346MysoreMumbai-400001.46 The Surat Peoples Central Office.Vasudhara Bhavan, Timaliyawad, Nanpura, Surat – 395001 Mr. Iqbal Shaikh 0261-2464577 0261-2464577,Co-op Bank Ltd 59247 Dhanlaxmi Bank The Dhanlaxmi Bank Ground Floor, Janmabhoomi Bhavan, Plot 11 -12, Gunavati karkera 022 – 2202535 022-22871637Limited Janmabhoomi Marg, Fort Mumbai, Maharashtra - 400 00148 The Saraswat Madhushree, Plot No. 85, 4thFloor, District Business Centre, Sector – 17, Mr. A. A. Bhatia (O) 27884161 27884162 27884153Cooperative Vashi, Navi Mumbai – 400703 27884163 27884164, (M)Bank Ltd. 982050512149 DBS Bank Ltd DBS Bank Ltd, Fort House, 221, Dr. D.N. Road, Fort, Mumbai, 400 001 Amol Natekar +91 22 6613 1213 +91 22 6752 847050 Dena Bank Dena Bank, Capital Market Branch, 17, B, Horniman Circle, Fort, Mumbai – 23 Branch Manager 022-22661206, 22702881 022-22694426 /2270288051 Karnataka Bank Ltd The Karnataka Bank Ltd, Mangalore–H O Complex Branch, Mahaveera Circle, Ravindranath Baglodi, 0824-2228139 /140 /141 0824-2228138Kankanady, Mangalore – 575002Sr.Manager52 The Ahmedabad Head office :-"Amco House", Nr. Stadium Circle, Navrangpura, Ahmedabad-09 Bimal P Chokshi 079-26426582-84-88 079-26564863Mercantile Co-Op.Bank Ltd.53 Ing Vysya Bank Ltd CMS HUB, NO 20 VITHAL MALLY ROAD, EDEN PARK, BANGALORE -560001 Yoganand J, Akshay Hegde 080-22532135, 080-25005316 080-2253211154 Janata Sahakari N.S.D.L. Department, Bharat Bhavan, 1360, Shukrawar Peth, Pune - 411002. Shri Ajit Manohar Sane 020-24431011, 020-24431016 020-24431014Bank Ltd.ASBA Applicant may approach any of the above banks for submitting their application in this Offer. For the complete list of SCSB’s and their Designated Branches pleaserefer to the website of SEBI (http://www.sebi.gov.in/cms/sebi_data/attachdocs/1365051213899.html). A list of SCSBs is also displayed on the website of BSE and NSEat www.bseindia.com and www.nseindia.com, respectively.48 <strong>HOUSING</strong> <strong>AND</strong> <strong>URBAN</strong> <strong>DEVELOPMENT</strong> <strong>CORPORATION</strong> <strong>LIMITED</strong>Printed By : Crystal cfl_mum@crystalforms.com - 022-66140900
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