India's Adani Airport Holdings has raised 19.5 billion rupees ($232.72 million) via the biggest domestic bond issue since U.S. short-seller Hindenburg Research accused its parent group of improper use of offshore tax havens and stock manipulation.

The Adani group company, which manages and develops airport infrastructure assets in the country, had invited bids from investors earlier in the day and will pay a coupon of 9.35 per cent, payable monthly for the bonds that are rated A+,

SBI Equity Hybrid Fund, Aditya Birla Finance and Aditya Birla Sunlife Mutual Fund are the anchor investors and have invested Rs 285 crore, Rs 100 crore and Rs 50 crore, respectively

India's Adani Airport Holdings has raised 19.5 billion rupees ($232.72 million) via the biggest domestic bond issue since U.S. short-seller Hindenburg Research accused its parent group of improper use of offshore tax havens and stock manipulation.

Adani Airport Holdings plans to raise 19.50 billion rupees through bond sale, with coupon adjustments based on credit rating.