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Adani Enterprises Limited, incorporated in 1993, is a subsidiary of Adani Group, which operates in India's energy and infrastructure sectors.
The company has nurtured and grown several successful businesses since its inception. Some of these businesses, like Adani Ports and Special Economic Zone Limited, Adani Power Limited, Adani Energy Solutions Limited, Adani Green Energy Limited, Adani Total Gas Limited, and Adani Wilmar Limited, have been listed independently, with a combined market capitalization of ?16,200 billion (approximately US$194 billion) as of June 30, 2024.
Issue Open | September 4, 2024 - September 6, 2024 |
Security Name | Adani Enterprises Limited |
Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
Issue Size (Base) | Rs 400.00 Crores |
Issue Size (Oversubscription) | Rs 400.00 Crores |
Overall Issue Size | Rs 800.00 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 |
Credit Rating | CARE A +/Positive by CARE Ratings Limited. |
Tenor | 24, 36, and 60 Months |
Series | Series I to VIII |
Payment Frequency | Quarterly, Annual and Cumulative |
Basis of Allotment | First Come First Serve Basis |
Debenture Trustee/s | Catalyst Trusteeship Limited |
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) | 9.25% | NA | 9.32% | 9.65% | NA | 9.56% | 9.90% | NA |
Effective Yield (% per Annum) | 9.25% | 9.25% | 9.65% | 9.65% | 9.65% | 9.90% | 9.89% | 9.90% |
Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,193.56 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,318.34 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,603.62 |
The NCDs proposed to be issued under this Issue have been rated A +/Positive Outlook by CARE Ratings Limited.
Adani Enterprises Limited's revenue decreased by -28.87% and profit after tax (PAT) rose by 37.73% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 160,731.85 | 141,487.82 | 101,760.19 |
Revenue | 98,281.51 | 138,175.12 | 70,432.69 |
Profit After Tax | 3,335.27 | 2,421.60 | 787.70 |
Amount in ₹ Crore |
The Adani Enterprises NCD August 2024 was subscribed 2.51 times on September 6, 2024 5:00:00 PM. The NCD subscribed 3.19 times in Retail, 2.82 times in HNI, 2.24 times in Non-Institutional, and 0.29 times in the Institutional category.
Category ? | Subscription (times) |
---|---|
Retail | 3.19x |
HNI | 2.82x |
Non-Institutional | 2.24x |
Institutional | 0.29x |
Total | 2.51x |
Adani Enterprises Limited
Adani Corporate House, Shantigram,
, Near Vaishno Devi Circle, S. G. Highway
Khodiyar, Ahmedabad 382 42
Phone: +9179 25554412
Email: investor.ael@adani.com
Website: https://www.adanienterprises.com/
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: adanienterprises.ncd2024@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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