Born in 1993, Adani Enterprises Limited stands as the flagship incubator of the Adani Group—India’s powerhouse in energy and infrastructure.
Over the decades, it has transformed bold ideas into billion-dollar businesses, spinning off industry leaders like:
- Adani Ports & SEZ
- Adani Power
- Adani Energy Solutions
- Adani Green Energy
- Adani Total Gas
- Adani Wilmar
As of June 30, 2024, these ventures together command a staggering ₹16,200 billion (~US$194 billion) in market capitalization. 🌍💼
From seaports to solar parks, gas distribution to FMCG—Adani Enterprises doesn’t just build businesses, it builds empires.
Adani Enterprises NCD July 2025 Detail
| Issue Open | 09 July, 2025 |
| Issue Close | 22 July, 2025 |
| Security Name | Adani Enterprises Limited |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 500.00 Crores |
| Issue Size (Oversubscription) | Rs 500.00 Crores |
| Overall Issue Size | Rs 1,000.00 Crores |
| Issue Price | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Minimum Lot size | 10 NCD |
| Market Lot | 1 NCD |
| Listing At | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis |
| Debenture Trustee/s | Catalyst Trusteeship Limited |
NCD Allocation
| Category | NCD’s Allocated (%) |
|---|---|
| Institutional | 10.00% |
| Non-Institutional | 30.00% |
| HNI | 30.00% |
| Retail | 30.00% |
| Total | 100.00% |
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹1,28,734.09 Cr | ₹1,25,126.85 Cr | ₹3,790.25 Cr | |
| 31 March 2024 | ₹98,281.51 Cr | ₹92,641.23 Cr | ₹3,674.06 Cr | ₹573.25 Cr |
| 31 March 2025 | ₹1,00,365.08 Cr | ₹93,832.07 Cr | ₹8,638.27 Cr | ₹1,268.05 Cr |
Company Promoters
Gautam S. Adani and Rajesh S. Adani are the company promoters.
Object Of The Issue
The Company proposes to utilise the Net Proceeds towards the funding of the following objects:
- Prepayment or repayment, in full or in part, of the existing indebtedness availed by our Company; and
- General corporate purposes.
NCD Rating
| S.No. | Rating Agency | NCD Rating | Outlook | Safety Degree | Risk Degree |
|---|---|---|---|---|---|
| 1 | CARE Ratings Limited | CARE AA (Stable) | Stable | High degree of safety | Very low credit risk |
| 2 | ICRA Limited | BWR AA-/Stable | Stable | High degree of safety | Very low credit risk |
Adani Enterprises Limited NCD Coupon Rates
| # | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | Cumulative | Quarterly | Annual | Cumulative | Quarterly | Annual | Cumulative |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months | 60 Months |
| Coupon (% per Annum) | 8.95% | NA | 8.85% | 9.15% | NA | 9.00% | 9.30% | NA |
| Effective Yield (% per Annum) | 8.95% | 8.95% | 9.14% | 9.14% | 9.15% | 9.30% | 9.29% | 9.30% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,187.01 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,300.70 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,560.30 |
Object Of The Issue
The Company proposes to utilise the Net Proceeds towards the funding of the following objects:
- Prepayment or repayment, in full or in part, of the existing indebtedness availed by our Company; and
- General corporate purposes.
Adani Enterprises NCD July 2025 Prospectus
Company Contact Information
| Adani Enterprises Limited Adani Corporate House, Shantigram, , Near Vaishno Devi Circle S. G. Highway Ahmedabad, Gujarat, 382421 Phone: +9179 25554412 Email: investor.ael@adani.com Website: https://www.adanienterprises.com/ |
Adani Enterprises NCD July 2025 Registrar
| MUFG Intime India Private Limited (Link Intime) Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: ael.ncd2025@in.mpms.mufg.com Website: https://linkintime.co.in/initial_offer/public-issues.html |
Adani Enterprises NCD July 2025 Lead Manager(s)
| 1. Nuvama Wealth Management Limited 2. Trust Investment Advisors Private Limited 3. Tipsons Consultancy Services Private Limited |
