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Gautam Adani's wealth from the realty business has declined 7 per cent to Rs 52,320 crore in the year to June 2025, making the billionaire the third wealthiest in the sector, a report said on Thursday. Adani, who is among the wealthiest Indians with projects like Dharavi and Motilal Nagar redevelopments in the financial capital, is also set to be the wealthiest realty sector individual in the next five years, officials from Hurun Research and Grohe said, citing informal discussions. At present, DLF's Rajiv Singh is the wealthiest on the Grohe-Hurun India Real Estate 150 list with a fortune of Rs 1.27 lakh crore and is followed by BJP leader and Maharashtra minister Mangal Prabhat Lodha with a Rs 92,340 crore wealth. "Adani is very ambitious. Their ambition is to take over from DLF to be at the top in the next five years," Hurun India's chief researcher and founder Anas Rahman Junaid told reporters. Grohe's leader for India Priya Rustogi also concurred. Adani Realty, which is ...
Adani Enterprises Ltd's Rs 1,000 crore bond issue was fully subscribed within three hours of opening on Wednesday, stock exchange data showed. The non-convertible debenture (NCD) issue, which opened on Wednesday and was to close on July 22, may see early closure due to the issue being fully subscribed, sources said. NCDs are debt instruments issued by companies to raise funds from investors, promising fixed interest payments. The Adani group's flagship firm promised up to 9.3 per cent interest per annum. The issue received bids worth over Rs 1,400 crore by 15.30 hrs, stock exchange data showed. The offering was on a first-come, first-served basis and saw participation entirely from the non-institutional segment, including retail investors, high networth individuals and corporates. This was Adani Enterprises' second public issuance of secured, rated, listed redeemable, non-convertible debentures. "What sets this issue apart is the strong and encouraging participation that has ent