Adani Enterprises Limited is an Indian company in the metals and minerals industry (formerly ADANI EXPORT LTD) with 23 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.48% to 9.9% a year. 8 are cumulative bonds, which pay no periodic coupon; their contractual return is payable at maturity. Maturity dates run from 17 Jul 2027 to 12 Jan 2031. NSDL records all 23 whose terms it holds as secured. Latest credit ratings on record: CARE AA (Stable) (action dated 7 Oct 2026); ICRA AA- (Stable) (action dated 22 Dec 2025); CRISIL AA- (action dated 20 Dec 2025). Verify current terms against the official documents linked on this page.
Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled
Issuer overview
- Legal name
- Adani Enterprises Limited
- Formerly
- ADANI EXPORT LTD
- CIN
- L51100GJ1993PLC019067
- LEI
- 335800OTN96B3M38HC30
- Company status
- Active
- Industry
- Metals and Minerals
- Business
- Diversified
- Ownership
- Non PSU
- ISIN issuer code
- INE423A
- Outstanding bonds (ISINs)
- 23 (plus 9 matured)
- Stated coupons (fixed rate)
- 8.48% – 9.9%
- Maturity dates
- 17 Jul 2027 – 12 Jan 2031
- Secured (NSDL)
- 23 of 23
- Combined issue size of outstanding bonds
- ₹3,755 crore
- Traded on
- BSE, NSE
Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.
Adani Enterprises bonds: ISIN, coupon and maturity
23 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE423A07401 | NCD | Cumulative ≈8.95% a year | At maturity ₹187.01 per ₹1,000 | 17 Jul 2025 | 17 Jul 2027 | ₹1,000 | 19.20 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07450 | NCD | 8.95% | Yearly | 17 Jul 2025 | 17 Jul 2027 | ₹1,000 | 81.49 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07310 | NCD | 9.32% | Quarterly | 12 Sep 2024 | 12 Sep 2027 | ₹1,000 | 44.19 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07328 | NCD | 9.65% | Yearly | 12 Sep 2024 | 12 Sep 2027 | ₹1,000 | 474 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07377 | NCD | Cumulative ≈9.65% a year | At maturity ₹318.35 per ₹1,000 | 12 Sep 2024 | 12 Sep 2027 | ₹1,000 | 23.19 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07484 | NCD | 8.6% | Yearly | 12 Jan 2026 | 12 Jan 2028 | ₹1,000 | 157 | Secured | None recorded | BSE, NSE | CARE AA 7 Oct 2026 |
| INE423A07500 | NCD | Cumulative ≈8.6% a year | At maturity ₹179.40 per ₹1,000 | 12 Jan 2026 | 12 Jan 2028 | ₹1,000 | 19.92 | Secured | None recorded | BSE, NSE | CARE AA 7 Oct 2026 |
| INE423A07476 | NCD | 8.7% | Yearly | 8 Oct 2025 | 24 Mar 2028 | ₹1,00,000 | 1,000 | Secured | None recorded | — | CARE AA 7 Oct 2026 |
| INE423A07419 | NCD | Cumulative ≈9.15% a year | At maturity ₹300.70 per ₹1,000 | 17 Jul 2025 | 17 Jul 2028 | ₹1,000 | 30.98 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07427 | NCD | 8.85% | Yearly | 17 Jul 2025 | 17 Jul 2028 | ₹1,000 | 121 | Secured | None recorded | BSE, NSE | CARE AA 7 Oct 2026 |
| INE423A07435 | NCD | 9.15% | Yearly | 17 Jul 2025 | 17 Jul 2028 | ₹1,000 | 416 | Secured | None recorded | BSE, NSE | CARE AA 7 Oct 2026 |
| INE423A07492 | NCD | 8.48% | Quarterly | 12 Jan 2026 | 12 Jan 2029 | ₹1,000 | 109 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07534 | NCD | 8.75% | Yearly | 12 Jan 2026 | 12 Jan 2029 | ₹1,000 | 396 | Secured | None recorded | BSE, NSE | CARE AA 7 Oct 2026 |
| INE423A07559 | NCD | Cumulative ≈8.75% a year | At maturity ₹286.45 per ₹1,000 | 12 Jan 2026 | 12 Jan 2029 | ₹1,000 | 29.12 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07336 | NCD | 9.56% | Quarterly | 12 Sep 2024 | 12 Sep 2029 | ₹1,000 | 50.36 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07344 | NCD | 9.9% | Yearly | 12 Sep 2024 | 12 Sep 2029 | ₹1,000 | 129 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07385 | NCD | Cumulative ≈9.9% a year | At maturity ₹603.62 per ₹1,000 | 12 Sep 2024 | 12 Sep 2029 | ₹1,000 | 34.04 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07393 | NCD | 9.3% | Yearly | 17 Jul 2025 | 17 Jul 2030 | ₹1,000 | 224 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07443 | NCD | 9% | Quarterly | 17 Jul 2025 | 17 Jul 2030 | ₹1,000 | 74.88 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07468 | NCD | Cumulative ≈9.3% a year | At maturity ₹560.30 per ₹1,000 | 17 Jul 2025 | 17 Jul 2030 | ₹1,000 | 32.86 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07518 | NCD | 8.62% | Quarterly | 12 Jan 2026 | 12 Jan 2031 | ₹1,000 | 50.96 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
| INE423A07526 | NCD | 8.9% | Yearly | 12 Jan 2026 | 12 Jan 2031 | ₹1,000 | 204 | Secured | None recorded | BSE, NSE | CARE AA 7 Oct 2026 |
| INE423A07542 | NCD | Cumulative ≈8.9% a year | At maturity ₹531.95 per ₹1,000 | 12 Jan 2026 | 12 Jan 2031 | ₹1,000 | 33.30 | Secured | None recorded | NSE | CARE AA 7 Oct 2026 |
Notes on this table
- Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
- Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
- Cumulative bonds pay no periodic coupon; the contractual return is payable at maturity. The amount shown is that return per unit of face value, and the yearly rate is worked out from it and the allotment and maturity dates.
- "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
- Prices and yields are not shown. They change with every trade: see BSE and NSE.
- Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Cumulative NCD · Credit rating.
Public NCD issues
| Issuer | Opened | Coupon | Tenor | Rating | Issue size |
|---|---|---|---|---|---|
| Adani Enterprises | 6 Jan 2026 | — | — | — | — |
Private placements and disclosure documents
| Allotted | ISIN | Redemption | Disclosure documents |
|---|---|---|---|
| 8 Oct 2025 | INE423A07476 | 24 Mar 2028 | Placement memorandum on BSE |
| 27 Sep 2022 | INE423A07286 | 27 Sep 2022 | Placement memorandum on BSE |
| 19 Sep 2022 | INE423A07278 | 19 Jun 2024 | Placement memorandum on BSE |
| 30 Jun 2022 | INE423A07252 | 29 Mar 2024 | Placement memorandum on BSE |
| 30 Jun 2022 | INE423A07260 | 27 Sep 2024 | Placement memorandum on BSE |
| 25 Apr 2022 | INE423A07237 | 25 Apr 2024 | Placement memorandum on BSE |
| 25 Apr 2022 | INE423A07245 | 25 Oct 2023 | Placement memorandum on BSE |
| 21 Mar 2022 | INE423A07229 | 21 Mar 2024 | Placement memorandum on BSE |
| 19 Nov 2020 | INE423A07211 | 8 Apr 2022 | Placement memorandum on BSE |
| 20 May 2020 | INE423A07203 | 20 May 2023 | Placement memorandum on BSE |
From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.
Company details
- Date of incorporation
- 2 Mar 1993
- Category
- Mining
- Class
- https://www.adanienterprises.com/
- Listed / unlisted
- Listed
- Registered office
- Adani Corporate House, Shantigram Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad
- State
- Gujarat
- Registrar of Companies
- Gujarat
- Authorised capital
- 9904300000
- Paid-up capital
- 1353700000
- Business group
- Adani
- Last AGM
- 24 Jun 2026
Adani Enterprises bonds: questions and answers
What bonds has Adani Enterprises Limited issued?
Adani Enterprises Limited has 23 outstanding bonds recorded on this page. By type, as described by NSDL: 23 NCDs. 9 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of Adani Enterprises Limited bonds?
Its 23 outstanding bonds each have their own ISIN, for example INE423A07401, INE423A07450, INE423A07310. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE423A.
What coupon rates do Adani Enterprises Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 8.48% to 9.9% a year on face value. 8 cumulative bonds pay no periodic coupon; their contractual return is payable at maturity. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.
When do Adani Enterprises Limited bonds mature?
Its outstanding bonds have maturity dates from 17 Jul 2027 to 12 Jan 2031. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of Adani Enterprises Limited bonds?
NSDL India Bond Info records CARE AA (Stable) (action dated 7 Oct 2026); ICRA AA- (Stable) (action dated 22 Dec 2025); CRISIL AA- (action dated 20 Dec 2025) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.
Are Adani Enterprises Limited bonds secured, unsecured or guaranteed?
NSDL records all 23 outstanding bonds whose terms it holds as secured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.
Is Adani Enterprises Limited the same company as ADANI EXPORT LTD?
Yes. Adani Enterprises Limited was formerly known as ADANI EXPORT LTD; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L51100GJ1993PLC019067.
Where can investors find the original disclosure documents for Adani Enterprises Limited bonds?
Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.
How can investors check the current market price or yield of Adani Enterprises Limited bonds?
This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.
What is a cumulative bond?
A cumulative bond pays no periodic coupon. The contractual return builds up over its life and is payable with the face value at maturity, so this page shows the amount payable at maturity and the yearly rate it works out to, instead of a yearly coupon.
Sources and dates
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- BSE: privately placed debt securities
- Methodology: how these pages are compiled and checked
Data as of 13 Nov 2026 (snapshot 20261113-2049). Facts on this page last changed on 5 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.
