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Adani Enterprises Limited NCD (Adani Enterprises NCD August 2024) Detail

September 4, 2024 - September 17, 2024
Adani Enterprises Limited Logo

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.

Adani Enterprises NCD August 2024 Detail

Issue Open September 4, 2024 - September 17, 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 SizeRs 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/sCatalyst Trusteeship Limited

NCD Allocation Ratio

Category ? NCD's Allocated
Institutional 10%
Non-Institutional 30%
HNI 30%
Retail 30%

Adani Enterprises Limited NCD Coupon Rates

#Series 1Series 2Series 3Series 4Series 5Series 6Series 7Series 8
Frequency of Interest PaymentAnnualCumulativeQuarterlyAnnualCumulativeQuarterlyAnnualCumulative
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured
Tenor24 Months24 Months24 Months36 Months36 Months60 Months60 Months60 Months
Coupon (% per Annum)9.25%NA9.32%9.65%NA9.56%9.9%NA
Effective Yield (% per Annum)9.25%9.25%9.65%9.65%9.65%9.9%9.89%9.9%
Amount on Maturity (In Rs.)Rs 1,000Rs 1,193.56Rs 1,000Rs 1,000Rs 1,318.34Rs 1,000Rs 1,000Rs 1,603.62

NCD Rating

The NCDs proposed to be issued under this Issue have been rated A +/Positive Outlook by CARE Ratings Limited.

Company Financials

Adani Enterprises Limited Financial Information (Restated Consolidated)

Adani Enterprises Limited's revenue decreased by -29% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,60,731.851,41,487.821,01,760.19
Revenue98,281.511,38,175.1270,432.69
Profit After Tax3,335.272,421.6787.7
Amount in ₹ Crore

Objects of the Issue

The Company proposes to utilise the Net Proceeds towards the funding of the following objects:
  • Prepayment or repayment, in full or in part, of the existing indebtedness availed by our Company; and
  • General corporate purposes.

Adani Enterprises NCD August 2024 Prospectus

Adani Enterprises NCD August 2024 Rating

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Adani Enterprises NCD August 2024 Reviews

Company Contact Information

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/

Adani Enterprises NCD August 2024 Registrar

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

Adani Enterprises NCD August 2024 Lead Manager(s)


2 Comments

2. AKSHAY PADHIYA   I Like It. |Report Abuse|  Link|August 30, 2024 6:22:52 PMReply
NCD SECURED BOLTE HAIN BADME DEFAULT HOTA HAIN INTERST NAHI MILTA BADME NCLT ME JATA HAIN AUR 3 SAAL NIKAL JATA HAIN... DEFAULT COMPANY DHFL AAA RATING, RELIANCE, SREI INFR......BANK SAFE, POST OFFICE
1. Mantoo Bhai   I Like It. |Report Abuse|  Link|August 29, 2024 4:46:38 PMReply
Mat Apply Karo Sab log. Reliance Housing Finance aur SREI jaisa hoga.
Accha hoga MF Ya Bank FD me dalo Piasa

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