News > Adani Enterprises' first Indian retail bond fully subscribed

Adani Enterprises' first Indian retail bond fully subscribed

Adani Enterprises plans to raise 8 billion rupees via the bond sale, including a greenshoe option of 4.85 billion rupees, and had received bids worth 4.39 billion rupees as of 4:45 p.m. local time. Such retail bond sales are rare and Adani is the first non-financial company to issue them since 2016. In July, Adani Energy Solutions raised $1 billion through an institutional share sale. Adani Enterprises is also planning a $1 billion share sale, as per reports.