Adani Enterprises Set to Launch ₹1,000 Crore Public Bond Issue Next Week: Sources
Flagship firm plans bonds with 2-, 3-, and 5-year maturities, offering up to 8.9% annual coupon
Mumbai, Dec 02 : Adani Enterprises is set to enter the bond market next week, aiming to raise ₹10 billion (around $111 million) via a public bond issue, according to sources close to the matter. The fundraising includes a greenshoe option of ₹5 billion, which the company may exercise if market conditions prove favorable.
The bonds will carry maturities of two, three, and five years, with 35% of the issue reserved for retail investors. Annual coupon rates have been fixed at 8.60% for two year bonds, 8.75% for three-year bonds, and 8.90% for five year notes, with investors given the option to receive coupons quarterly or on a cumulative basis.
The issue has been rated AA by CARE Ratings and ICRA, and is scheduled to open on January 6 and close on January 19. This would be the company’s third public bond offering, following previous issues in September 2024 and July 2025, each spanning multiple maturities.
Nuvama Wealth Management, Trust Investment Advisors, and Tipsons Consultancy Services are acting as arrangers for the issue.
This move reflects Adani Enterprises’ continued focus on raising low-cost long-term debt to support its operations and expansion plans.
