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Adani Enterprises bond plans: Draft filed for Rs 10 billion issue; Greenshoe option of Rs 5 billion included

Adani Enterprises, the flagship entity of business magnate Gautam Adani, has submitted draft documentation to stock exchanges, outlining plans to secure 10 billion rupees ($117 million) through retail bond offerings, according to Reuters report.The company’s return to the retail bond market comes after its initial debt offering in September 2024, when it successfully gathered 8 billion rupees through a public issuance, marking its first venture into this financing avenue.The current proposal incorporates a greenshoe option valued at Rs 5 billion. The company has appointed Nuvama Wealth Management, Trust Investment Advisors and Tip Sons Consultancy Services to oversee the bond issuance as lead managers. The bonds, which have received AA- ratings from both Icra and Care Ratings, await finalisation of key details including tenor, coupon rate and launch timing.Adani Enterprises reported a sharp 752 per cent year-on-year rise in consolidated net profit for the quarter ended March 2025, reaching Rs 3,845 crore. This was significant compared to Rs 451 crore in the same period last year, with the surge primarily driven by an exceptional gain of Rs 3,286 crore.





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