Adani enterprises fpo subscription

Out of the Rs 20,000-crore proceeds from the FPO, Rs 10,869 crore will be used for green hydrogen projects, work at the existing airports and construction of a greenfield expressway. An amount of Rs 4,165 crore will be utilised for repayment of debt taken by its airports, road and solar project subsidiaries.

By India Today Web Desk: Adani Enterprises, the flagship company of billionaire Gautam Adani-led conglomerate Adani Group, began a record secondary share sale for retail investors on Friday. The Follow-on Public Offer (FPO) of Adani Enterprises is the largest ever in the history of India, aiming to raise Rs 20,000 crore. The FPO opened today and will be open for public subscription till January 31, 2023. The price band of the Adani Enterprises FPO has been fixed at Rs 3,112 to Rs 3,276 per equity. Adani Enterprises share price was trading lower by over 3 per cent and stood at Rs 3,279.25 at around 10 am today. The company said it wants to use the proceeds from the FPO for capital expenditure requirements of some subsidiaries and repayment of debts. It may be noted that Adani Enterprises has already raised nearly Rs 6,000 crore from anchor investors ahead of the FPO opening. Also Read | Will Hindenburg report impact Adani Enterprises FPO? While the much-awaited FPO had received a bullish response on the gray market ahead of the opening, a negative report by an US-based investment research and short-seller firm has dented sentiments and shares of all Adani Group companies have been impacted. US-based Hindenburg Research released a report on January 24, raising concerns about the group’s mounting debt, besides accusing it of irregularities. Shares of listed Adani Group companies fell sharply on Wednesday, following which the group had issued a statement to rubbish the report ...

By India Today Web Desk: Adani Enterprises, the flagship company of billionaire Gautam Adani-led conglomerate Adani Group, began a record secondary share sale for retail investors on Friday. The Follow-on Public Offer (FPO) of Adani Enterprises is the largest ever in the history of India, aiming to raise Rs 20,000 crore. The FPO opened today and will be open for public subscription till January 31, 2023. The price band of the Adani Enterprises FPO has been fixed at Rs 3,112 to Rs 3,276 per equity. Adani Enterprises share price was trading lower by over 3 per cent and stood at Rs 3,279.25 at around 10 am today. The company said it wants to use the proceeds from the FPO for capital expenditure requirements of some subsidiaries and repayment of debts. It may be noted that Adani Enterprises has already raised nearly Rs 6,000 crore from anchor investors ahead of the FPO opening. Also Read | Will Hindenburg report impact Adani Enterprises FPO? While the much-awaited FPO had received a bullish response on the gray market ahead of the opening, a negative report by an US-based investment research and short-seller firm has dented sentiments and shares of all Adani Group companies have been impacted. US-based Hindenburg Research released a report on January 24, raising concerns about the group’s mounting debt, besides accusing it of irregularities. Shares of listed Adani Group companies fell sharply on Wednesday, following which the group had issued a statement to rubbish the report ...

Out of the Rs 20,000-crore proceeds from the FPO, Rs 10,869 crore will be used for green hydrogen projects, work at the existing airports and construction of a greenfield expressway. An amount of Rs 4,165 crore will be utilised for repayment of debt taken by its airports, road and solar project subsidiaries.

Out of the Rs 20,000-crore proceeds from the FPO, Rs 10,869 crore will be used for green hydrogen projects, work at the existing airports and construction of a greenfield expressway. An amount of Rs 4,165 crore will be utilised for repayment of debt taken by its airports, road and solar project subsidiaries.

By India Today Web Desk: Adani Enterprises, the flagship company of billionaire Gautam Adani-led conglomerate Adani Group, began a record secondary share sale for retail investors on Friday. The Follow-on Public Offer (FPO) of Adani Enterprises is the largest ever in the history of India, aiming to raise Rs 20,000 crore. The FPO opened today and will be open for public subscription till January 31, 2023. The price band of the Adani Enterprises FPO has been fixed at Rs 3,112 to Rs 3,276 per equity. Adani Enterprises share price was trading lower by over 3 per cent and stood at Rs 3,279.25 at around 10 am today. The company said it wants to use the proceeds from the FPO for capital expenditure requirements of some subsidiaries and repayment of debts. It may be noted that Adani Enterprises has already raised nearly Rs 6,000 crore from anchor investors ahead of the FPO opening. Also Read | Will Hindenburg report impact Adani Enterprises FPO? While the much-awaited FPO had received a bullish response on the gray market ahead of the opening, a negative report by an US-based investment research and short-seller firm has dented sentiments and shares of all Adani Group companies have been impacted. US-based Hindenburg Research released a report on January 24, raising concerns about the group’s mounting debt, besides accusing it of irregularities. Shares of listed Adani Group companies fell sharply on Wednesday, following which the group had issued a statement to rubbish the report ...

Out of the Rs 20,000-crore proceeds from the FPO, Rs 10,869 crore will be used for green hydrogen projects, work at the existing airports and construction of a greenfield expressway. An amount of Rs 4,165 crore will be utilised for repayment of debt taken by its airports, road and solar project subsidiaries.

By India Today Web Desk: Adani Enterprises, the flagship company of billionaire Gautam Adani-led conglomerate Adani Group, began a record secondary share sale for retail investors on Friday. The Follow-on Public Offer (FPO) of Adani Enterprises is the largest ever in the history of India, aiming to raise Rs 20,000 crore. The FPO opened today and will be open for public subscription till January 31, 2023. The price band of the Adani Enterprises FPO has been fixed at Rs 3,112 to Rs 3,276 per equity. Adani Enterprises share price was trading lower by over 3 per cent and stood at Rs 3,279.25 at around 10 am today. The company said it wants to use the proceeds from the FPO for capital expenditure requirements of some subsidiaries and repayment of debts. It may be noted that Adani Enterprises has already raised nearly Rs 6,000 crore from anchor investors ahead of the FPO opening. Also Read | Will Hindenburg report impact Adani Enterprises FPO? While the much-awaited FPO had received a bullish response on the gray market ahead of the opening, a negative report by an US-based investment research and short-seller firm has dented sentiments and shares of all Adani Group companies have been impacted. US-based Hindenburg Research released a report on January 24, raising concerns about the group’s mounting debt, besides accusing it of irregularities. Shares of listed Adani Group companies fell sharply on Wednesday, following which the group had issued a statement to rubbish the report ...