Adani Enterprises Launches 3rd Public Issue of NCDs Worth ₹1,000 Crore

Adani Enterprises Limited has announced the launch of its 3rd public issue of secured, rated, listed redeemable non-convertible debentures (NCDs) worth ₹1,000 crore. This issue offers an effective yield of up to 8.90% per annum. 

Details of the NCD Issue 

The NCD issue opens on January 6, 2026, and closes on January 19, 2026. It includes a base issue of ₹500 crore with a Green Shoe option of an additional ₹500 crore.  

The NCDs are rated ‘AA-’ with a ‘Stable’ outlook by ICRA Limited and CARE Ratings Limited, indicating a high degree of safety regarding timely servicing of financial obligations. 

The NCDs will be listed on BSE and NSE, with allotment on a first-come, first-served basis. The face value of each NCD is ₹1,000, with a minimum application size of ₹10,000. The proceeds will primarily be used for prepayment or repayment of the company's indebtedness. 

Investment Options and Returns 

The NCDs are available in tenors of 24, 36, and 60 months, with options for quarterly, annual, and cumulative interest payments across 8 series.  

The coupon rates vary, with the highest effective yield being 8.90% for certain series. This offering provides competitive yields compared to similarly rated NCDs and fixed deposits. 

Read More: Adani Total Gas Reduces CNG and PNG Prices After PNGRB Tariff Reform! 

Recent Developments and Achievements 

Adani Enterprises has demonstrated its capability in executing large-scale projects. Recent achievements include the inauguration of Navi Mumbai International Airport and a partnership with Google to develop an AI data centre campus in Visakhapatnam.  

Additionally, the company has operationalised the “Nanasa-Pidgaon” HAM project and received awards for new projects in Uttarakhand and Bihar. 

Adani Enterprises Share Price Performance  

As of January 02, 2026, at 3:30 PM, Adani Enterprises share price on NSE was closed at ₹2,279.80 up by 0.88% from the previous closing price. 

Conclusion 

Adani Enterprises' third public issue of NCDs offers investors a chance to participate in India's infrastructure growth. With competitive yields and a strong track record, this issuance is positioned as a stable investment option in the current market environment. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.