• Janardhan Chavan posted an update in the group Debt Issues – Bonds & NCDs Listings Group

    4 months ago

    Adani Enterprises Limited – Public Issue of Secured Redeemable NCDs

    • Type: Secured Redeemable Non-Convertible Debentures (NCDs)

    Credit Ratings:
    o CARE AA-; Stable by CARE Ratings
    o ICRA AA; Stable by ICRA Ltd

    • Issue Size: ₹1,000 crore
    o Base Issue: ₹500 crore
    o Green Shoe Option: ₹500 crore

    • Issue Opening: Wednesday, July 9, 2025
    • Issue Closing: Tuesday, July 22, 2025

    Interest Options:
    24 Months Tenure:
    • Annual Interest Payout: 8.95%
    • Cumulative Yield: 8.95%

    36 Months Tenure:
    • Quarterly Interest Payout: 8.85%
    • Annual Interest Payout: 9.15%
    • Cumulative Yield: 9.15%

    60 Months Tenure:
    • Quarterly Interest Payout: 9.00%
    • Annual Interest Payout: 9.30%
    • Cumulative Yield: 9.30%

    Allocation Ratio:
    o Category I (Institutional): 10%
    o Category II (Non-Institutional): 30%
    o Category III (HNI): 30%
    o Category IV (Retail): 30%

    Lead Managers:
    Nuvama Wealth Management Ltd & others

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