Adani Enterprises Launches ₹800 Crore NCD Issue With Green Shoe Option
Details of the NCD Issue
- Issue Size: ₹800 crore
- Interest Rates: Up to 9.90% per annum
- Green Shoe Option: Up to ₹200 crore
Investment Details
The NCDs will have a face value of ₹1,000 each.
The issue will open on January 23, 2023, and close on February 7, 2023.
Investors can apply for the NCDs in denominations of ₹1,000 and multiples thereof.
Key Features of the NCDs
- The NCDs are secured and will be listed on the NSE and BSE.
- The NCDs have a maturity period of 3 years and 6 months.
- The interest on the NCDs will be paid semi-annually.
Who can Invest?
The NCDs are available for investment by individuals, institutions, and NRIs.
How to Apply?
Investors can apply for the NCDs through their bank or financial advisor.
The application form is available on the website of Adani Enterprises.
Investors are advised to read the prospectus carefully before investing.
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