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

September 4, 2024 - September 6, 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 September 2024 Detail

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 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 Months36 Months36 Months36 Months60 Months60 Months60 Months
Coupon (% per Annum)9.25%NA9.32%9.65%NA9.56%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 1,000.00Rs 1,193.56Rs 1,000.00Rs 1,000.00Rs 1,318.34Rs 1,000.00Rs 1,000.00Rs 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 Promoters

Gautam S. Adani and Rajesh S. Adani are the company promoters.

Company Financials

Adani Enterprises Limited Financial Information (Restated Consolidated)

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 Ended31 Mar 202431 Mar 202331 Mar 2022
Assets160,731.85141,487.82101,760.19
Revenue98,281.51138,175.1270,432.69
Profit After Tax3,335.272,421.60787.70
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 September 2024 Prospectus

Adani Enterprises NCD September 2024 Subscription Status

The Adani Enterprises NCD September 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)
Retail3.19x
HNI2.82x
Non-Institutional2.24x
Institutional0.29x
Total2.51x

Check Day by Day Bidding Details

Adani Enterprises NCD September 2024 Rating

13
3.2
Rating:Rated 3.2 stars
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Adani Enterprises NCD September 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 September 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


13 Comments

13. Ronak   I Like It. |Report Abuse|  Link|September 25, 2024 5:08:09 AMReply
I invested 50000 and got 37000 worth debentures via upstox. How to check and whether they are tradable
12. Bharath   I Like It. |Report Abuse|  Link|September 16, 2024 7:45:41 PMReply
I had applied for 10 quantities and got allotment for 7 quantities, but my bank debited money for all 10 qualities even though I got 7 quantities.
Did this happen with anyone else?
When or how can I get this refund
11. Sandip   I Like It. |Report Abuse|  Link|September 13, 2024 10:26:44 AMReply
ALLOTMENT AA GAYA HE-PURA MALL AAYA HE-FIRST DAY APPLY KIYA HO TO
10. B K Arora   I Like It. |Report Abuse|  Link|September 10, 2024 5:43:51 PMReply
When NCD will be allotted and amount will be debited or unblocked
9. NforNandkishor   I Like It. |Report Abuse|  Link|September 9, 2024 10:53:52 PMReply
Allotment kab aayega, any idea?
8. RR   I Like It. |Report Abuse|  Link|September 3, 2024 10:21:45 PMReply
Will this be listed and tradable on bse/nse?
8.2. Scrip   I Like It. |Report Abuse|  Link|September 4, 2024 5:12:27 PM
Yes
8.3. RR   I Like It. |Report Abuse|  Link|September 6, 2024 4:44:11 PM
#Gautam @Scrip
Thanks for the valuable guidance 🙏
7. Scrip   I Like It. |Report Abuse|  Link|September 6, 2024 1:41:25 AMReply
Closing on 6th Sept
6. BBMuffin   I Like It. |Report Abuse|  Link|September 5, 2024 12:10:19 PMReply
Retail crossed 2X on first day - And everyone knows on all categories it will cross 2X - Including green shoe option full issue size is 2X only. And I do not understand why people are still applying on retail category.. I see it that it has increased to from 2.1 times to 2.3 times, just in 2 hours today morning.
Anyone can throw some light here? Any chances of NCD allotments beyond 2X on retail category? Am I missing anything?
6.1. EH   I Like It. |Report Abuse|  Link|September 5, 2024 3:17:37 PM
Many retails dont track subscriptions. They look at last date. I skipped UPI mandate looking at 2x+
6.2. BBMuffin   I Like It. |Report Abuse|  Link|September 5, 2024 8:39:19 PM
Thanks @EH for your inputs. Any idea on Indostar NCD? offering is good at 10%
5. Sandip   I Like It. |Report Abuse|  Link|September 4, 2024 10:53:00 PMReply
Close ho gaya hai kinahi
4. 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
4.1. Satya Prakash   I Like It. |Report Abuse|  Link|September 4, 2024 3:19:32 PM
Bank me bhi Kiya tha, usko bhi wadhwani group me loot liya aur bank bank band ho gaya.
4.2. Satya Prakash   I Like It. |Report Abuse|  Link|September 4, 2024 3:27:27 PM
DHFL me dilip dawda ji ka APPLY ka suggestion rahta tha, and SREI me MAY APPLY ka. Dono doob gaya. Toh ab hamlog kiska suggestion follow kare???
3. Mooioooo   I Like It. |Report Abuse|  Link|September 4, 2024 12:14:43 PMReply
Some people here were saying don’t apply. Retail portion got fully subscribed within few hours. Hahahaass
2. Dileep Singh   I Like It. |Report Abuse|  Link|September 4, 2024 10:40:52 AMReply
What about Sriram finance Ltd. FD 9.4%.
Request you to suggest me. Regards.
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
1.1. Raju   I Like It. |Report Abuse|  Link|September 3, 2024 9:41:05 PM
Kon sa ncd kare, sab toh kharab nhi hoga, pl. Suggest.

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