Adani Enterprises Ltd's massive ₹25,000 crore rights issue has been oversubscribed by 108%, exceeding expectations with robust investor enthusiasm. The flagship Adani Group firm successfully raised funds through partly paid-up equity shares at ₹1,800 each, bolstering its balance sheet for growth in airports, roads, and new energy ventures.
Adani Enterprises Ltd, the diversified flagship of the Adani Group, has achieved a stellar 108% oversubscription for its ₹25,000 crore rights issue, which closed on December 10, 2025. Launched on November 25 with a record date of November 17, the issue offered 3 rights shares for every 25 held, priced at ₹1,800 per share (₹900 on application, balance on calls). This strong response underscores renewed investor confidence post-regulatory scrutiny, fueling capital for high-growth segments like airports and green energy.
The oversubscription reflects strategic positioning amid India's infrastructure boom, converting promoter loans to equity while injecting fresh growth capital. Post-issue, equity shares rise to ~129 crore, enhancing financial flexibility without diluting core holdings excessively.
Key Highlights
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Oversubscription Level: 108% – strong demand from promoters and retail.
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Issue Size: ₹25,000 crore via 13.85 crore partly paid-up shares.
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Pricing & Ratio: ₹1,800/share; 3:25 entitlement ratio.
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Timeline: Opened Nov 25, closed Dec 10, 2025.
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End-Use: Airports, roads, new energy; debt optimization.
Sources: BSE filings, Economic Times, Moneycontrol, Bloomberg, Chittorgarh