Adani Ports market cap crosses Rs 1 trillion mark
PORTS & SHIPPING

Adani Ports market cap crosses Rs 1 trillion mark

In a recent development, Adani Ports and Special Economic Zone (APSEZ) led by Gautam Adani surpassed Rs 1 trillion in market capitalisation for the first time. The development comes on the heels of the closure of the first-ever $300 million public dollar bond issuance by Adani International Container Terminal Private Limited (AICTPL) on December 21.

AICTPL is a joint venture shared in equal halves between Terminal Investment Limited (TiL), the sixth-largest container terminal operator in the world and APSEZ. The issue witnessed large scale participation from prime real money investors as interests poured in from as many as 220 different accounts. Consequently, the company stated that this led to an oversubscription of about ten times.

The purpose of pricing the bond at par was to receive a yield of 3%. This was the lowest coupon that was accomplished by any corporate Indian issuer in the last five years.

In a recent development, Adani Ports and Special Economic Zone (APSEZ) led by Gautam Adani surpassed Rs 1 trillion in market capitalisation for the first time. The development comes on the heels of the closure of the first-ever $300 million public dollar bond issuance by Adani International Container Terminal Private Limited (AICTPL) on December 21. AICTPL is a joint venture shared in equal halves between Terminal Investment Limited (TiL), the sixth-largest container terminal operator in the world and APSEZ. The issue witnessed large scale participation from prime real money investors as interests poured in from as many as 220 different accounts. Consequently, the company stated that this led to an oversubscription of about ten times. The purpose of pricing the bond at par was to receive a yield of 3%. This was the lowest coupon that was accomplished by any corporate Indian issuer in the last five years.

Next Story
Infrastructure Urban

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Next Story
Real Estate

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Next Story
Infrastructure Transport

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?