On December 10, 2025, Adani Enterprises Ltd (AEL), the flagship firm of the Adani Group, announced the completion of its ~₹25,000-crore rights issue, which is one of the largest rights issues in India. At the close of bidding, Adani Enterprises rights issue garnered a strong oversubscription of 108%.
The offering drew bids for 14.95 crore shares, surpassing the 13.85 crore shares available. While promoters fully subscribed to their entitlement, the public portion was oversubscribed by 30%, with bids for 4.7 crore shares against 3.6 crore on offer.
As a next step, the rights issue allotment is scheduled for Thursday, 11 December 2025, with the credit of shares to demat accounts expected by Friday, 12 December 2025.
As per the payment plan, investors were required to pay ₹900 per share at the time of application. Two subsequent calls of ₹450 each are scheduled: the first between January 12–27, 2026, and the second from March 2–16, 2026.
Funds raised through the rights issue will be directed toward debt reduction and capital expenditure, including repayment of shareholder loans. The rights shares were offered at ₹1,800 apiece, with eligible shareholders entitled to three rights shares for every 25 held. AEL shares closed at ₹2,213.90 on Wednesday, down 1.3% from the previous session.
Read More: BSE Launches Four New Large-Cap Factor Indices
Beyond promoter participation, major institutional investors, including GQG, SBI Mutual Fund, Aditya Birla, Kotak, and others, also took part, according to market sources. Notably, HNIs and retail investors contributed significantly to the subscription.
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.
Published on: Dec 11, 2025, 8:08 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
