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Adani Enterprises Limited's (AEL) Rs 1,000 crore public issue of non-convertible debentures (NCDs) was lapped up within 45 minutes of opening, according to stock exchange data. The base issue of Rs 500 crore was snapped in just 10 minutes and subscription crossed Rs 1,000 crore - after including the greenshoe option - in under an hour. The issue, which opened on Tuesday, closes on January 19, 2026, with allotment on a first-come, first-served basis. It offers an effective yield of up to 8.90 per cent per annum, according to the company. The base size is Rs 500 crore, with a green shoe option of an additional Rs 500 crore. NCDs are proposed to be listed on BSE and NSE and will be allotted on a first-come, first-served basis. Rated 'AA-' with a stable outlook by ICRA and CARE Ratings, the NCDs offer competitive yields compared to similarly rated debt and fixed deposits, giving retail investors an opportunity to participate in India's infrastructure growth. AEL's second NCD issuance
JSW Energy on Wednesday said it has raised Rs 250 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. "Finance Committee, at its meeting held on 12th November, 2025, has allotted 25,000 Unsecured, Listed, Rated, Taxable, Redeemable NCDs bearing a face value of Rs 1,00,000 each, aggregating to Rs 250 crore," according to a regulatory filing. The company's board of directors had approved the proposal for raising funds up to Rs 3,000 crore through, inter alia, the issuance of rated and listed NCDs on a private placement basis on January 28, 2025.
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
Mining conglomerate Vedanta Ltd on Friday said the committee of directors has approved raising up to Rs 5,000 crore via issuance of debentures. The committee approved issuance of 5 lakh unsecured, rated, listed, redeemable NCDs of face value of Rs 1 lakh each on a private placement basis, as per a regulatory filing by Vedanta. "The duly authorised committee of directors at its meeting held today... has considered and approved the issuance of unsecured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis... aggregating up to Rs 5,000 crore," the filing said. The issue will be listed on the BSE. Mining major Vedanta Ltd reported a 154.4 per cent increase in consolidated net profit to Rs 3,483 crore in the March quarter driven by lower production costs and higher volumes. The company had posted a net profit of Rs 1,369 crore in the year-ago period. The income of the company during the January-March period rose to Rs 41,216 crore from Rs 36,093 c
Infrastructure investment trust Capital Infra Trust has announced raising Rs 2,363 crore through debt securities to strengthen its financial position. Established in September 2023, Capital Infra Trust InvIT is sponsored by Gawar Construction Limited. It has investments in infrastructure projects primarily in NHAI road projects through acquisition from sponsors and third parties "The trust announced the successful allotment of 1,16,300 senior secured redeemable, non-convertible debt securities (NCDs), each with a face value of Rs 1,00,000, aggregating to Rs 1,163 crores on March 4, 2025," Capital Infra Trust said in a release. These securities, rated 'AAA stable' by CRISIL and named 7.60 per cent CIT 2038, will mature on January 29, 2038. It further said HDFC Bank and IndusInd Bank have subscribed to the NCD, which aims to enhance investor yields by refinancing high-cost debt instruments of the project SPVs. The entity also said it has allotted 1,20,000 secured listed redeemable .
Power transmission solution provider Sterlite Grid 32 Ltd (SGL32) on Monday announced securing Rs 2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project. The National Bank for Financing Infrastructure and Development (NaBFID) and India Infrastructure Finance Company Limited (IIFCL) have emerged as the successful bidders to the NCDs that have been listed on the Bombay Stock Exchange (BSE), according to a statement. This is the first listed NCD issuance of Sterlite Grid 32 Limited after its joint venture with GIC of Singapore. The NCDs are rated AA+ stable by CRISIL Ratings. The infrastructure business of Sterlite Power Transmission Ltd was demerged into Sterlite Grid 5 Limited (SGL5) effective October 8, 2024. SGL5 has recently entered into a joint venture with GIC of Singapore, following which SGL5 is to execute all its transmission projects in India through Sterlite Grid 32 Limited (SGL32). Pratik Agarwal, Director, Sterlite Gri
Kalpataru Projects International Ltd (KPIL) on Tuesday said its board has approved a proposal to increase the fundraising limit to Rs 1,600 crore through the issuance of NCDs. To date, the company has an outstanding non-convertible debentures (NCDs) of Rs 1,298 crore. "The board of directors has inter-alia approved the proposal for setting up of fund raising limit by way of issuance of secured/unsecured redeemable NCDs by the company up to Rs 1,600 crore (principal amount) outstanding at any point of time (inclusive of current NCDs amounting to Rs 1,298 crore) and has authorized the Executive Committee of the Board of Directors for the same,' KPIL said in an exchange filing. KPIL is a diversified engineering and construction company engaged sectors like power, oil and gas, urban mobility among others.