Adani Enterprises is opening its next round of fundraising with a public issue of non-convertible debentures (NCDs), aiming to collect up to ₹1,000 crore. If you’re interested in fixed-income investments, here’s a quick rundown of what’s on offer and what it means for you.
How much and when?
The company is looking to raise ₹1,000 crore in total. The issue opens for subscription on July 9, 2025, and is set to close by July 22, unless it wraps up sooner or gets extended.
What are the NCD details?
Each NCD is priced at ₹1,000. You’ll need to apply for at least 10 NCDs, so the minimum investment is ₹10,000. You can choose from tenors of 24, 36, or 60 months, with interest paid either quarterly, annually, or at maturity. The highest yield is 9.3% per year.
Where will the money go?
Most of the funds (at least 75%) will be used to repay or prepay existing borrowings. The rest will go towards general corporate needs.
Who can invest?
Both retail and institutional investors are welcome. The NCDs will be listed on the BSE and NSE, making them easy to buy and sell.
How safe is it?
The issue has been rated AA- (Stable) by both CARE Ratings and ICRA, which is considered a solid rating for debt products.
If you’re looking for a relatively safe investment with a fixed return and the flexibility to choose your investment period, this NCD issue from Adani Enterprises could be worth a look.
Source: Business Standard, The Hindu BusinessLine, Fortune India, The Federal, NDTV Profit, ABP Live