Debt funding is an important source of capital for companies looking to expand operations, build new infrastructure, invest in projects, and support long-term growth. In September 2026, companies across data centers, real estate, renewable energy, and financial services recorded significant debt charges.
This report highlights the 10 biggest debt raisers of September 2026, ranked by charge amount, and looks at the businesses behind these major debt transactions.
Top Debt Raisers in September 2026
1. Adaniconnex Private Limited
- Trade Name: AdaniConneX
- Sector: Data Management
- Charge Amount: ₹7,656.80 Cr
About the company:
AdaniConneX is a joint venture between the Adani Group and EdgeConneX, focused on developing hyperscale data-center infrastructure in India. The company is building large-scale data centers to meet rising demand for cloud computing, data storage, and digital services.
2. Data Center Holdings India LLP
- Trade Name: Data Center Holdings
- Sector: IT/ITES
- Charge Amount: ₹4,547.00 Cr
About the company:
Data Center Holdings India operates in the data-center infrastructure sector. Its business focuses on infrastructure supporting the growing needs of cloud services, digital businesses and data storage.
3. JSW Realty Private Limited
- Trade Name: JSW Realty
- Sector: Real Estate Management & Development
- Charge Amount: ₹1,500.00 Cr
About the company:
JSW Realty is part of the JSW Group and operates in India’s real estate sector. The company is involved in residential, commercial and mixed-use development projects across key markets.
4. Renew Solar Energy (Jharkhand Four) Private Limited
- Trade Name: ReNew Power
- Sector: Renewable Energy
- Charge Amount: ₹1,077.91 Cr
About the company:
Renew Solar Energy is associated with ReNew, a leading renewable energy company in India. The group develops and operates renewable power projects, including solar and wind assets, supporting India’s shift toward cleaner energy.
5. Annapurna Finance Private Limited
- Trade Name: Annapurna Finance
- Sector: Consumer Finance
- Charge Amount: ₹620.00 Cr
About the company:
Annapurna Finance is a non-banking financial company providing credit and financial services to underserved customer segments. Its lending activities support individuals and businesses with limited access to traditional financial services.
6. SK Finance Limited
- Trade Name: SK Finance
- Sector: Diversified Financial Services
- Charge Amount: ₹600.00 Cr
About the company:
SK Finance is a non-banking financial company offering financing solutions across vehicle and retail lending segments. The company serves customers across urban, semi-urban, and rural markets in India.
7. Bellissimo In City FC Mumbai 1 Limited
- Trade Name: Bellissimo
- Sector: Real Estate Management & Development
- Charge Amount: ₹570.00 Cr
About the company:
Bellissimo In City FC Mumbai 1 operates in the real estate development sector in Mumbai. The company focuses on property development and related real estate activities.
8. Prozeal Green Power Private Limited
- Trade Name: Prozeal
- Sector: Renewable Energy
- Charge Amount: ₹517.84 Cr
About the company:
Prozeal Green Power operates in India’s renewable energy sector, with a focus on solar power projects and clean-energy infrastructure. The company contributes to the country’s growing renewable energy capacity.
9. Shubham Housing Development Finance Company Limited
- Trade Name: Shubham Housing
- Sector: Consumer Finance
- Charge Amount: ₹500.00 Cr
About the company:
Shubham Housing is a housing finance company focused on providing home loans to underserved customers, particularly those with informal or variable incomes. The company aims to improve access to housing finance for emerging-income households.
10. Datta Power Infra Private Limited
- Trade Name: Datta Power Infra
- Sector: Renewable Energy
- Charge Amount: ₹483.17 Cr
About the company:
Datta Power Infra operates in the renewable energy and power infrastructure space. The company is involved in clean-energy projects and forms part of India’s growing renewable power ecosystem.
Conclusion
The biggest debt raisers of September 2026 came from a mix of data infrastructure, real estate, renewable energy, and financial services. Adaniconnex Private Limited topped the list with a charge amount of ₹7,656.80 Cr, followed by Data Center Holdings India LLP at ₹4,547.00 Cr.
The strong presence of data-center and renewable energy companies highlights the growing need for capital to develop digital infrastructure and clean-energy projects. At the same time, significant debt charges among real estate and financial services companies show continued demand for funding to support expansion and lending activities.
Overall, September’s debt activity reflects how companies across key sectors are using debt capital to finance growth, build infrastructure, and strengthen their businesses.
PrivateCircle helps you track India’s biggest debt raises, company-level charge filings and funding trends all in one place.