Adani Enterprises' Rs 400 crore NCD issue with 9.90% yield fully subscribed on day 1

​Adani Enterprises’ Rs 400 crore public issue of debentures, which opened on Wednesday, was fully subscribed by around 121% on day 1 with heavy participation from retail investors.

​​ The non-convertible debentures (NCDs) will have an effective annual yield of 9.25% to 9.90%. The issue will close on September 17.