Archive · 6 Jan 2026
Adani NCD Issue Fully Subscribed in 45 Minutes
Adani Enterprises launched a public issue of non-convertible debentures (NCDs) worth ₹1,000 crore, which was fully subscribed in just 45 minutes.
The issue includes a base size of ₹500 crore with an additional green-shoe option of ₹500 crore.
The NCDs offer yields ranging from 8.74% to 8.90% and will be listed on the BSE and NSE.
The funds raised will be used to repay existing debt and for general corporate purposes.
The NCDs are rated 'AA-' with a stable outlook by ICRA and CARE Ratings, making them an attractive investment option for retail investors.
Adani Enterprises continues to expand its infrastructure projects, including airports, data centers, and road projects across India.
Adani Enterprises' ₹1,000 crore NCD issue was fully subscribed in 45 minutes, with the base issue of ₹500 crore snapped up in just 10 minutes.
The issue offers yields of up to 8.90% per annum and will be listed on the BSE and NSE.
The NCDs are rated 'AA-' with a stable outlook by ICRA and CARE Ratings.
Proceeds from at least 75% of the issue will be used to repay existing debt, with the remaining 25% for general corporate purposes.
Adani Enterprises continues to expand its infrastructure footprint, including projects like the Navi Mumbai International Airport and a Google-Adani AI data center campus in Visakhapatnam.
- Who
- Adani Enterprises Limited (AEL)
- What
- Public issue of non-convertible debentures (NCDs)
- When
- January 6 to January 19, 2026
- Where
- India
- Why
- To raise funds for repaying existing debt and general corporate purposes
- Issue Size
- ₹500 crore (base) with a green-shoe option of up to ₹500 crore
- Issue Period
- January 6 to January 19, 2026
- Face Value
- ₹1,000 each
- Minimum Application Size
- ₹10,000 (10 NCDs)
- Rating
- AA- with a stable outlook by ICRA and CARE Ratings
- Yield
- 8.74–8.75% (36-month) and 8.89–8.90% (60-month)
- Use of Funds
- 75% for repaying existing borrowings, 25% for general corporate purposes
- Allotment Basis
- First-come, first-served
- Listing
- Proposed to be listed on BSE and NSE
- Tenors Available
- 24, 36, and 60 months
- Interest Payment Options
- Quarterly, annual, and cumulative
- Lead Managers
- Nuvama Wealth Management, Trust Investment Advisors, and Tipsons Consultancy Services
Sources
Adani Enterprises’ NCD public issue offers up to 8.90%: Should you go for it?
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Adani Enterprises' ₹1,000-crore NCD issue sees solid response, oversubscribed on first day — Check details
