will be launching its public issue of non-convertible debentures on January 6 to raise ₹1,000 crore, which includes base size of ₹500 crore and greenshoe option for another ₹500 crore.
The secured redeemable NCDs, rated AA- by CARE and ICRA, will close on January 19 and are being offered on a first-come-first-served basis.
The quarterly interest payout options have a maturity of 36 months at 8.48 per cent coupon and 60 months at 8.62 per cent coupon.
The annual interest payout options are in three buckets – 24 months at 8.60 per cent, 36 months at 8.75 per cent and 60 months at 8.90 per cent.
This is the third public issue by Adani Enterprises, the first one in September 2024 for ₹800 crore, and the second in July for ₹1000 crore.
Adani group has maintained that it wants retail investors to participate in the infrastructure growth story in the country and its public debt issuances are geared toward that objective.