Adani NCD Issue Oversubscribed Within Minutes
Adani Enterprises Limited (AEL) witnessed an overwhelming response from investors as its ₹1,000 crore non-convertible debenture (NCD) issue was fully subscribed within just 45 minutes of opening. Official data from BSE and NSE confirmed that retail and institutional investors quickly lapped up the offering, reflecting the growing confidence in Adani Enterprises’ financial stability and its attractive interest rate of up to 8.90%.
Launched on January 6, the issue remains open till January 19, unless closed earlier on a first-come-first-served basis. This marks the third successful public bond issuance by the company following strong showings in 2024 and 2025.
Why Investors Are Rushing Toward Adani Bonds
The primary attraction behind the Adani NCD issue lies in its higher yield, especially when compared to bank fixed deposits (FDs). While government banks currently offer between 7% to 7.5% interest on five-year FDs, Adani’s secured bonds are offering up to 8.90%, creating a buzz among retail investors.
Other benefits include:
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High Credit Rating: The bonds have received an AA- rating from CARE and ICRA, indicating strong repayment ability.
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Secured Category: Being secured NCDs, investors’ principal is backed by company assets.
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Retail Reservation: About 35% of the total issue is reserved for individual investors.
The minimum investment starts at ₹10,000, with flexible tenure options of 2, 3, and 5 years. There are eight series of bonds, offering quarterly, annual, or cumulative interest payment modes.
Expert Views: A Smart But Balanced Move
Market experts say the success of this issue highlights retail investors’ growing appetite for fixed-income instruments beyond traditional bank FDs. Analyst Rakesh Rathi commented, “Adani’s track record of timely repayment and the higher coupon rate makes this a lucrative option for middle-income investors seeking better risk-adjusted returns.”
However, financial planners caution beginners not to allocate more than 10–15% of their portfolio to corporate bonds. “Diversification is key. Even a good credit-rated company is not risk-free,” said investment advisor Neha Sahu.
Risks and Caution for Retail Investors
Every investment carries some level of risk. Investors should remain aware of potential rating downgrades, market volatility, and lower liquidity in secondary markets before maturity. Since these NCDs are listed, early exit is possible but not always ideal due to limited buyers.
Adani Enterprises clarified that 75% of the raised funds will go toward debt repayment, with the remaining 25% allocated for general corporate purposes — strengthening its balance sheet and reducing leverage.
AEL: The Growth Engine of Adani Group
Adani Enterprises serves as the flagship arm of the Adani Group, leading projects in airports, highways, data centers, and green hydrogen. Its consistent diversification and infrastructure leadership have made its securities a sought-after choice for investors looking to link their portfolios with India’s growth story.
With this third consecutive success, Adani Enterprises continues to position itself as a dominant player in India’s bond market — providing both retail and institutional investors a steady alternative to traditional saving schemes.
