Adani Ports Plans ₹3,000 Crore Bond Raise Amid Debt Expansion Strategy

Billionaire Gautam Adani’s conglomerate is planning to raise around ₹3,000 crore (approximately US$351 million) through long-term rupee-denominated bonds. Sources familiar with the matter said Adani Ports and Special Economic Zone Ltd (APSEZ) is in talks with investors, although specifics like coupon rate and maturity are still being finalized.

Adani Ports closed at ₹1,444.10 on June 30, up ₹3.90 (0.27%) for the day.

Growing Confidence Despite Past Allegations

This move follows a gradual return of creditor confidence after the Adani Group was indicted in the U.S. last November for an alleged bribery plot—charges the company has firmly denied. The group, with interests spanning ports, airports, and green energy, continues to press forward with aggressive fundraising efforts.

Over US$1 Billion Raised Since May

If completed, this bond sale would push the ports unit’s total borrowing past US$1 billion since May. In an earlier transaction, APSEZ raised ₹5,000 crore through 15-year bonds at a 7.75% coupon rate, with Life Insurance Corporation of India acting as the sole subscriber. The company also secured a US$150 million bilateral loan from DBS Group Holdings Ltd.

Strengthening Financial Profile

Analysts believe the planned bond raise will help extend APSEZ’s debt maturity profile, a strategic move as India’s trade growth accelerates. According to Bloomberg Intelligence, Adani Ports derives over 85% of its revenue from domestic operations, positioning it well in India’s expanding logistics sector.

Fundraising Beyond Ports

The wider Adani Group has also been active. Its airport division recently secured around US$750 million from global investors led by Apollo Global Management Inc. Meanwhile, Adani Power received a US$384 million payment from Bangladesh to clear a large portion of outstanding power dues.

Read more: India’s MSME Sector Sees 67% Drop in NPAs Backed by Policy Support and Digital Reforms

Conclusion

The Adani Group has yet to officially comment on the planned ₹3,000 crore bond issue. Still, its sustained access to capital markets signals resilience and investor belief in its long-term infrastructure and growth strategy.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.