Adani Enterprises Limited (AEL), the main company of the Adani Group, has raised ₹1,000 crore through a public issue of non‑convertible debentures (NCDs). The bonds were fully subscribed within 45 minutes of the issue opening on January 6, 2026.
The company initially offered a base size of ₹500 crore but had an option to increase it by another ₹500 crore if demand was high. Investors snapped up the base portion in just 10 minutes, showing strong confidence in the company.
The NCDs, which will be listed on BSE and NSE, offer an annual yield of up to 8.90%. Investors could choose from 24‑, 36‑, or 60‑month tenors, with interest paid quarterly, annually, or cumulatively. The bonds have been rated ‘AA‑’ by ICRA and CARE Ratings, indicating good credit quality.
At least 75% of the funds from this issue will be used to repay existing debt, and the remaining amount will support general corporate purposes. The issue was managed by Nuvama Wealth Management, Trust Investment Advisors, and Tipsons Consultancy Services.
This is not the first time AEL’s bonds have seen strong demand. A previous NCD issue of ₹1,000 crore in July 2025 was also fully subscribed on the first day, though it took three hours.
The rapid subscription reflects investors’ confidence in Adani Enterprises’ growth plans. The company is currently involved in major infrastructure projects, including the Navi Mumbai International Airport and other large-scale initiatives.
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