Adani Enterprises Launches ₹1,000 Crore NCD Public Issue

Adani Enterprises Limited has opened a new ₹1,000 crore Non-Convertible Debenture (NCD) public issue, giving investors a chance to earn up to 8.90% annual returns — higher than many bank fixed deposits. The issue is available on a first-come, first-served basis.

Adani Enterprises Launches ₹1,000 Crore NCD Public Issue

If you’re looking for better and more stable returns than bank FDs, Adani Enterprises Limited, the flagship company of the Adani Group, has introduced a new opportunity.
The company has launched a ₹1,000 crore NCD (Non-Convertible Debenture) public issue, which opened for subscription on January 6, 2026. Investors can earn returns of up to 8.90% per year.

₹1,000 Crore Public NCD Issue — First Come, First Served

This is the third public bond issue from Adani Enterprises.

• Base issue size: ₹500 crore

• Green shoe option: up to ₹500 crore

If demand rises, the company can raise the total to ₹1,000 crore.
The issue will remain open until January 19, 2026, and allotment will be done on a first-come, first-served basis. The company may close or extend the issue depending on demand.

Special Allocation for Retail Investors

A key highlight is that 35% of the issue is reserved for retail investors, increasing their chances of allotment.
Adani Enterprises’ previous NCD issues in 2024 and 2025 received strong responses, with one getting fully subscribed within hours.

Access to India’s Growth Story

Adani Group CFO Jugeshinder “Robbie” Singh said this third NCD issue will further strengthen the company’s access to capital markets and allow retail investors to participate in long-term infrastructure growth across sectors such as airports, roads, data centers, and green hydrogen.

Low Credit Risk With Strong Ratings

The NCDs are secured, rated, listed, and redeemable.
They carry a AA- rating with Stable outlook from ICRA and CARE Ratings — indicating strong repayment capability and financial stability.

Minimum Investment and Tenure Options

• Minimum investment: ₹10,000

• Further investments in multiples of ₹1,000

Tenure options available:

• 24 months

• 36 months

• 60 months

Interest payout options include quarterly, annual, and cumulative plans across 8 different series.

Interest Rates Offered

• 24 months: up to 8.60% p.a.

• 36 months:

  • 8.48% (quarterly)

  • 8.75% (annual)

• 60 months:

  • 8.62% (quarterly)

  • 8.90% (annual)

Interest earned will be taxed as per your income tax slab.

Where Will the Funds Be Used?

• 75% of the funds will go toward prepayment or repayment of debt related to Adani Enterprises.

• 25% will be used for general corporate purposes.

Lead managers include Nuvama Wealth Management, Trust Investment Advisors, and Tipsons Consultancy.

Why It May Be Better Than Fixed Deposits

Most major banks currently offer 7%–7.5% interest on 5-year FDs.
In comparison, this NCD offers returns up to 8.90%, along with the benefit of being secured, meaning bondholders get priority if financial issues arise.

Risks Investors Should Know

Despite strong ratings, there are risks:

• Ratings can be downgraded in the future

• Selling bonds before maturity may be difficult

• Corporate controversies could affect bond prices

Adani Enterprises’ Strong Market Performance

Adani Enterprises’ stock has surged around 354% in the past five years, outperforming benchmark indices.
With major projects such as the Navi Mumbai airport, AI data centers, and multiple road and ropeway projects, the company continues to expand its infrastructure footprint.

Conclusion

The Adani Enterprises NCD public issue offers higher returns than FDs, strong credit ratings, and multiple tenure options — making it an attractive choice for investors seeking steady income with relatively lower risk.