| Issue Size (Base) | ₹400.00 Cr |
| Face Value | โน1000 each NCD |
| Issue Price | โน1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | โน10000 |
| Listing at | BSE, NSE |
| Tenor | 24, 36, and 60 Months |
| Credit Rating | CARE A +/Positive by CARE Ratings Limited. |
| Series | Series I to VIII |
| Payment Frequency | Quarterly, Annual and Cumulative |
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 | |||
| # | Issue Objects |
|---|---|
| 1 | Prepayment or repayment, in full or in part, of the existing indebtedness availed by our Company; and |
| 2 | General corporate purposes. |
| 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 was founded in March 1993. The company is part of the Adani Group, one of India’s leading companies with an integrated energy and infrastructure platform in India and a long track record of executing large-scale projects. Adani is one of India’s largest listed incubators by market capitalization and has a philosophy of incubating companies in four core sectors: Energy and Utilities, Transportation and Logistics, Consumer Goods and Basic Industries. They are an effective complement to established and developing companies focused on India's needs.
Over the years, they have created new business interests for the Adani portfolio, developed them into large and self-sustaining businesses and then spun them off into standalone, listed and scalable platforms that create value for their shareholders. Since 1993, Adani has a proven track record of building sustainable infrastructure businesses.
The Energy & Utilities and Transportation & Logistics businesses together form the core of Adani’s infrastructure and utilities portfolio. These companies are fully integrated in their respective industries and are present throughout the value chain.