Comparison between Adani Enterprises NCD January 2026 and Muthoot Mercantile NCD December 2025.
Adani Enterprises NCD January 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Muthoot Mercantile NCD December 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Adani Enterprises Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Tipsons Consultancy Services Pvt.Ltd. Trust Investment Advisors Pvt.Ltd. Nuvama Wealth Management Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | Mitcon Credentia Trusteeship Services Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Adani Enterprises NCD January 2026 issue size is ₹500.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Mercantile NCD December 2025 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Adani Enterprises Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹500.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ||
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | CARE Ratings Limited : AA- ICRA Limited : AA- | India Ratings & Research Private Limited : IND BBB/Stable |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of Adani Enterprises NCD January 2026 and Muthoot Mercantile NCD December 2025 is mentioned.
| Adani Enterprises Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 06, 2026 | Dec 04, 2025 |
| Bid/Offer Closes On | Jan 19, 2026 | Dec 17, 2025 |
In Adani Enterprises NCD January 2026 QIBs portion includes and offered are offered to retail investors. In Muthoot Mercantile NCD December 2025 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors.
| Adani Enterprises Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Institutional | 75,000 shares | |
| Non Institutional | 3,00,000 shares | |
| HNI | ||
| Retail | 3,75,000 shares | |
| Others | ||
| Total | 7,50,000 shares |
