Adani Enterprises' 1st Retail Bond Fully Subscribed

While the group has raised money from institutional investors since allegations made by US short-seller Hindenburg Research, which Adani Group has repeatedly denied, the new bond is the first test of retail demand.

Adani Enterprises' first retail bond was fully subscribed at its launch on Wednesday, stock exchange data showed, in a rare issue on the market.

While the group has raised money from institutional investors since allegations made by US short-seller Hindenburg Research, which Adani Group has repeatedly denied, the new bond is the first test of retail demand.

Group share prices have recovered since much of the losses, prompting Adani to return to the capital markets. Adani Enterprises did not respond to requests for comment.