Adani Enterprises ₹1,000 Crore NCD Opens Today (January 6): All You Need to Know

Adani Enterprises Ltd (AEL), the flagship entity of the Adani Group, announced on Friday (January 2) the launch of its 3rd public offering of secured, rated and listed redeemable non-convertible debentures (NCDs), aggregating up to ₹1,000 crore. The base size of the issue is ₹500 crore, with an option to retain over-subscription up to an additional ₹500 crore via Green Shoe Option aggregating up to ₹1,000 crore.

Adani Enterprises NCD Details

The issue will open for subscription on Tuesday, January 6, 2026, and close on Monday, January 19, 2026. Allotment will be made on a first-come, first-served basis. The offering comprises a base issue of ₹500 crore, along with a green shoe option of up to an additional ₹500 crore, taking the total issue size to ₹1,000 crore.

The NCDs will be listed on both the BSE and NSE. Each debenture has a face value of ₹1,000, with a minimum investment requirement of 10 NCDs and thereafter in multiples of one, translating into a minimum application amount of ₹10,000.

The instruments offer an effective yield of up to 8.90% per annum. They have been assigned ratings of ‘CARE AA- (Stable)’ by CARE Ratings Ltd and ‘ICRA AA- (Stable)’ by ICRA Ltd, reflecting a high level of safety and a very low credit risk in meeting financial obligations.

Use of Funds

The proceeds from the issue will be primarily utilised for the repayment or prepayment of existing borrowings, including interest liabilities, while up to 25% will be earmarked for general corporate purposes.

AEL’s previous ₹1,000 crore NCD issue, launched in July 2025, witnessed strong investor demand and was fully subscribed within three hours on the opening day. AEL remains among the limited number of non-NBFC private corporates offering listed debt instruments to retail investors, enabling individual and non-institutional participants to gain exposure to India’s infrastructure growth.

Also Read: Government Keeps PPF Interest Rate Unchanged At 7.1% For January–March Quarter

Nuvama Wealth Management Ltd, Trust Investment Advisors Private Ltd and Tipsons Consultancy Services Private Ltd are the lead managers to the issue. The NCDs are available in tenures of 24, 36 and 60 months, with quarterly, annual and cumulative interest payment options spread across eight series.

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.