Adani Ports and Special Economic Zone Ltd

Adani Ports and Special Economic Zone Ltd is an Indian company in the infrastructure industry (formerly GUJARAT ADANI PORT LIMITED, MUNDRA PORT AND SPECIAL ECONOMIC ZONE LIMITED) with 7 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.52% to 8.8% a year. Maturity dates run from 8 Mar 2027 to 30 May 2040. NSDL records all 7 whose terms it holds as secured. Latest credit ratings on record: ICRA AAA (Stable) (action dated 15 Jul 2026); CARE AAA (Stable) (action dated 3 Jul 2026); India Ratings AAA (Stable) (action dated 2 Apr 2026); CRISIL AAA (Stable) (action dated 20 Nov 2025). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED
Formerly
GUJARAT ADANI PORT LIMITED, MUNDRA PORT AND SPECIAL ECONOMIC ZONE LIMITED
CIN
L63090GJ1998PLC034182
LEI
335800QOAXP5TM7OYP69
Company status
Active
Industry
Infrastructure
Business
Port & Port services
Ownership
Non PSU
ISIN issuer code
INE742F
Outstanding bonds (ISINs)
7 (plus 5 matured)
Stated coupons (fixed rate)
7.52% – 8.8%
Maturity dates
8 Mar 2027 – 30 May 2040
Secured (NSDL)
7 of 7
Combined issue size of outstanding bonds
₹10,600 crore

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 Ports and Special Economic Zone bonds: ISIN, coupon and maturity

7 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Rating (NSDL)
INE742F07429 NCD 8.22% Yearly 8 Mar 2017 8 Mar 2027 ₹10,00,000 1,000 Secured None recorded ICRA AAA 15 Jul 2026
INE742F07437 NCD 7.65% Yearly 31 Oct 2017 31 Oct 2027 ₹10,00,000 1,600 Secured None recorded ICRA AAA 15 Jul 2026
INE742F07528 NCD 8.7% Yearly 9 Jan 2024 9 Jan 2029 ₹1,00,000 250 Secured None recorded India Ratings AAA 1 Apr 2026
INE742F07460 NCD 8.5% Yearly 13 Apr 2020 12 Apr 2030 ₹10,00,000 1,500 Secured None recorded ICRA AAA 15 Jul 2026
INE742F07551 NCD 7.52% Yearly 23 Feb 2026 21 Feb 2031 ₹1,00,000 1,000 Secured None recorded CRISIL AAA 20 Nov 2025
INE742F07536 NCD 8.8% Yearly 9 Jan 2024 9 Jan 2034 ₹1,00,000 250 Secured None recorded India Ratings AAA 1 Apr 2026
INE742F07544 NCD 7.75% Yearly 30 May 2025 30 May 2040 ₹1,00,000 5,000 Secured Guaranteed CRISIL AAA 29 Apr 2025
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.
  • "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 · Credit rating.

Adani Ports and Special Economic Zone credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
ICRA AAA Stable Reaffirm 15 Jul 2026 6 Verified by NSDL · Checked 5 Nov 2026
CARE AAA Stable Reaffirm 3 Jul 2026 7 Checked 5 Nov 2026
India Ratings AAA Stable Reaffirm 2 Apr 2026 3 Verified by NSDL · Checked 5 Nov 2026
CRISIL AAA Stable New 20 Nov 2025 2 Verified by NSDL · Checked 5 Nov 2026
Rating history
Date Agency Rating Outlook Action
15 Jul 2026 ICRA AAA Stable Reaffirm
3 Jul 2026 CARE AAA Stable Reaffirm
2 Apr 2026 India Ratings AAA Stable Reaffirm
1 Apr 2026 India Ratings AAA Stable Reaffirm
20 Nov 2025 CRISIL AAA Stable New
16 Oct 2025 India Ratings AAA Stable Reaffirm
18 Jul 2025 ICRA AAA Stable Reaffirm
7 Jul 2025 CARE AAA Stable Reaffirm
29 Apr 2025 CARE AAA Stable Reaffirm
29 Apr 2025 CRISIL AAA Stable New
18 Oct 2024 India Ratings AAA Stable Upgrade
18 Jul 2024 ICRA AAA Stable Upgrade
30 Apr 2024 CARE AAA Stable New
12 Feb 2024 ICRA AA+ Stable Reaffirm
8 Jan 2024 India Ratings AA+ Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, ICRA, CARE, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
23 Feb 2026 INE742F07551 21 Feb 2031 Placement memorandum on BSE
30 May 2025 INE742F07544 30 May 2040 Placement memorandum on BSE
9 Jan 2024 INE742F07528 9 Jan 2029 Placement memorandum on BSE
9 Jan 2024 INE742F07536 9 Jan 2034 Placement memorandum on BSE
18 Oct 2021 INE742F07510 18 Oct 2024 Placement memorandum on BSE
11 Sep 2020 INE742F07502 11 Sep 2023 Placement memorandum on BSE
1 Jun 2020 INE742F07494 1 Jun 2023 Placement memorandum on BSE
27 May 2020 INE742F07486 26 May 2023 Placement memorandum on BSE
13 Apr 2020 INE742F07460 12 Apr 2030 Placement memorandum on BSE
20 Mar 2020 INE742F07478 15 Jun 2021 Placement memorandum on BSE
31 Oct 2017 INE742F07437 31 Oct 2027 Placement memorandum on BSE
8 Mar 2017 INE742F07429 8 Mar 2027 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
26 May 1998
Category
Adani Ports and Special Economic Zone Limited (APSEZL), as per its credit rating report, is a port developer and operator. It has an annual domestic capacity of 653 Million Metric Tonnes Per Annum (MMTPA). It operates 11 operational ports and four terminals in India, including the Mundra Port on the Western coast. APSEZL also operates four overseas terminals and ports: Haifa Port (Israel), Dar es Salaam (Tanzania), Colombo West International Terminal (Sri Lanka) and North Queensland Export Terminal (Australia). APSEZL has built up its logistics asset base comprising trains, Multi-Modal Logistics Parks (MMLPs), rail tracks, grain silos, warehousing, inland container depot, and marine flotillas (including tugs and dredgers). As of March 31, 2026, APSEZL owns 132 trains, 136 marine flotillas, and 12 multimodal logistics parks.
Class
https://www.adaniports.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
21000000000
Paid-up capital
4632900000
Business group
Adani
Last AGM
24 Jun 2026

Adani Ports and Special Economic Zone bonds: questions and answers

What bonds has Adani Ports and Special Economic Zone Ltd issued?

Adani Ports and Special Economic Zone Ltd has 7 outstanding bonds recorded on this page. By type, as described by NSDL: 7 NCDs. 5 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Adani Ports and Special Economic Zone Ltd bonds?

Its 7 outstanding bonds each have their own ISIN, for example INE742F07429, INE742F07437, INE742F07528. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE742F.

What coupon rates do Adani Ports and Special Economic Zone Ltd bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 7.52% to 8.8% a year on face value. 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 Ports and Special Economic Zone Ltd bonds mature?

Its outstanding bonds have maturity dates from 8 Mar 2027 to 30 May 2040. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Adani Ports and Special Economic Zone Ltd bonds?

NSDL India Bond Info records ICRA AAA (Stable) (action dated 15 Jul 2026); CARE AAA (Stable) (action dated 3 Jul 2026); India Ratings AAA (Stable) (action dated 2 Apr 2026); CRISIL AAA (Stable) (action dated 20 Nov 2025) on its outstanding bonds. Checked on NSDL on 5 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Adani Ports and Special Economic Zone Ltd bonds secured, unsecured or guaranteed?

NSDL records all 7 outstanding bonds whose terms it holds as secured. One 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 Ports and Special Economic Zone Ltd the same company as GUJARAT ADANI PORT LIMITED, MUNDRA PORT AND SPECIAL ECONOMIC ZONE LIMITED?

Yes. Adani Ports and Special Economic Zone Ltd was formerly known as GUJARAT ADANI PORT LIMITED, MUNDRA PORT AND SPECIAL ECONOMIC ZONE LIMITED; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L63090GJ1998PLC034182.

Where can investors find the original disclosure documents for Adani Ports and Special Economic Zone Ltd 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 Ports and Special Economic Zone Ltd 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.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 29 Oct 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.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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