Adani ipo subscription

The demand for the public issue worth Rs 3,600 crore seems to be on the rise by the day. According to the data, Institutional investors have subscribed 30 per cent of the portion reserved for them, non-institutional investors subscribed 60 per cent and retail investors 1.2 times the portion. The portion reserved for employees has been subscribed 0.7 times. Adani Wilmar IPO GMP Following the positive response by bidders on the first day of subscription, the value of the IPO also rose in the grey market. According to market observers, shares of Adani Wilmar was being traded at a premium of Rs 47 in the grey market today, which is Rs 4-5 more than that of Thursday. With the IPO, the company plans to raise Rs 3,600 crore to fund capital expenditure, reduce debt and for acquisitions. Adani Wilmar IPO price, lot size, subscription status, share allotment and all key details • IPO date: January 27-January 31 • The price band of Adani Wilmar IPO: Rs 218-Rs 230 per share • Lot size: The investor can bid for a minimum of 65 equity shares and in multiples thereafter • IPO size: Rs 3,600 crore • Adani Wilmar IPO share allotment date: Likely on February 3 • Adani Wilmar IPO listing date: Likely February 8 on BSE and NSE The IPO of Adani Wilmar, which promotes its edible oils and food products under the Fortune brand, comprises the only fresh issue of equity shares. There will not be any secondary offering. The company's CEO and Managing Director Angshu Mallick had said that the FMCG gi...

Advertisement The Adani Enterprises FPO lot size is 4 shares. A retail-individual investor can apply for up to 15 lots (60 shares or ₹196,560). Adani Enterprises FPO Subscription Status Liv Category Day 1 Day 2 Day 3 Day 4 QIB 0.00 – – – NII 0.01 – – – Retail 0.02 – – – EMP 0.04 – – – Total 0.00 – – – Adani Enterprises FPO IPO Grey Market Premium Adani Enterprises FPO Dates & Price Band : IPO Open: Jan 27, 2023 IPO Close: Jan 31, 2023 IPO Size: Approx₹ 20,000 Crores Price Band: ₹ 3112 to ₹3276 per share Listing on: BSE & NSE Retail Portion: 35% of the Net Offer Equity: –Equity Shares Face Value: ₹1 Per Equity Share Adani Enterprises FPO Market Lot: • Shares: 4 Sharesin 1 lot • Minimum Amount: ₹13,104 • Maximum Amount: ₹ 196,560 Adani Enterprises FPO Allotment & Listing: • Basis of Allotment: Feb 3, 2023 • Refunds: Feb 6, 2023 • Credit to Demat accounts: Feb 7, 2023 • Listing: Feb 8, 2023 Read Also Adani Enterprises FPOAllotment Status Adani Enterprises FPO Listing Date

The initial public offering (IPO) of Adani Wilmar, the joint venture between Adani Group and Wilmar Group of Singapore, was subscribed 17.37 times by the afternoon of January 31, the final day of bidding, garnering bids for 212.87 crore equity shares against an offer size of 12.25 crore units. Qualified institutional investors put in bids for 5.73 times of the portion reserved for them. QIB are vital to a public issue as their portion has to get at least 90 percent subscription. Retail investors subscribed 3.92 times their part of allotted shares, while the portion set aside for non-institutional investors was booked 56.3 times. Adani Wilmar has also reserved a part of IPO shares for its employees and shareholders, which has seen a subscription of 51 percent and 33.33 times, respectively. Incorporated in 1999, Adani Wilmar is an FMCG food company offering most of the essential kitchen commodities, including edible oil, flour, rice, pulses and sugar. A significant majority of their sales pertains to branded products accounting for approximately 73 percent of their edible oil and food and FMCG sales volume for the financial year 2021. Also read: Adani Wilmar IPO–Should You Subscribe? The maiden public offer aims to fetch the company Rs 3,600 crore, which is entirely a fresh issue. The price band for the offer, which opened for bidding on January 27, has been fixed at Rs 218-230 per share. "The post-issue trailing twelve months price/earnings (TTM P/E) works out to 37.6x (at ...

Adani Enterprises’ follow-on public offer was fully subscribed on the last day of subscription, ie, Tuesday, January 31, 2023, with bidding still open. Qualified Institutional Buyers (QIBs) subscribed 0.97 times, Non-Institutional Investors(NIIS) subscribed 3.26 times, Retail Individual Investors (RIIs) subscribed 0.11 times, shares reserved for employees subscribed 0.52 times and in total out of 4,55,06,791 shares, 4,63,97,960 were subscribed. The FPO was subscribed 1.02 times. Abu Dhabi based, International Holding Company (IHC), on Monday said it will invest $400 million (Rs 3,200 crore) in the Adani Enterprises’ Rs 20,000-crore follow-on public offer (FPO) through its subsidiary Green Transmission Investment Holding RSC. IHC has subscribed to 16% of Adani Enterprises’ $2.5 billion FPO. This is IHC’s first investment of the year, the conglomerate said.

Market observers said that Adani Wilmar IPO GMP today is ₹40, which is ₹5 lower from is yesterday's grey market premium of ₹45. They said that after two days of bidding, grey market and subscription status suggests that despite negative market sentiments, Adani Wilmar IPO GMP has remain steady at around ₹40 to ₹45 for last 3 days, which is good for the IPO. They said that Adani Wilmar shares made its debut at around ₹65 in the grey market that means it may list at around ₹65 premium in bulls’ case while in bears’ case it may give around ₹40 premium to its bidders. What this GMP mean? According to market observers, grey market premium is an estimated view about the listing gain one can expect from a particular public issue. However it is completely non-regulated unofficial data, which is nothing to do with the balance sheet of the company. As Adani Wilmar IPO GMP today is ₹40, it means grey market is expecting Adani Wilmar share listing at around ₹270 ( ₹230 + ₹40), which is around 177 per cent higher from its price band of ₹218 to ₹230 per equity share. However, stock market experts maintained that GMP is not a concrete data to find out whether a public issue is strong or weak. One should look at the financials of the company as it reflects actual financial condition and important fundamentals that reflects clear picture of the company. Advising investors to subscribe Adani Wilmar IPO; Aprajita Saxena, Research Analyst at Trustline Securities said, "Company enjoys a leader...

Adani Enterprises is set to open its follow-on public offer for subscription on January 27 with the closing date scheduled on January 31. The price band for the offer is Rs 3,112-3,276 per share. Retail shareholders have a 35 percent reservation in the FPO and a discount of Rs 64 per share. Investors can bid for a lot of minimum 4 shares and in multiples of 4 thereafter. The Adani Group company is planning to raise Rs 20,000 crore via the largest ever FPO in the Indian capital markets history. The funds will be utilised for projects of the green hydrogen ecosystem, improvement of certain existing airport facilities and construction of greenfield expressway. On January 25, the company said it has raised close to Rs 6,000 crore from anchor investors. A total of 33 investors participated in the anchor book including Maybank Securities, Abu Dhabi Investment Authority, Societe Generale, Goldman Sachs, Morgan Stanley Asia (Singapore), Nomura Singapore and Citigroup Global Markets Mauritius. "From retail investors perspective, it will be a good opportunity to buy stocks in the FPO at a discounted valuation since the stock has done remarkably well in past, entering into new businesses and expanding its business at a rapid pace," said Girish Sodani, head of equity market at Swastika Investmart. "The same is reflecting in results also the company's Q2 net profit more than doubled to Rs 460.94 cr compared with Rs 212 cr and its revenue from operations jumped 189 percent compared to l...

Adani Wilmar IPO price, lot size, GMP, subscription status, share allotment and all key details • IPO date: January 27-January 31 • The price band of Adani Wilmar IPO: Rs 218-Rs 230 per share • Lot size: The investor can bid for a minimum of 65 equity shares and in multiples thereafter • IPO size: Rs 3,600 crore • Adani Wilmar IPO share allotment date: Likely on February 3 • Adani Wilmar IPO listing date: Likely February 8 on BSE and NSE • Adani Wilmar GMP: According to reports, the shares of Adani Wilmar were available at a premium of Rs 44 in the grey market. The IPO of Adani Wilmar, which promotes its edible oils and food products under the Fortune brand, comprises the only fresh issue of equity shares. There will not be any secondary offering. The company's CEO and Managing Director Angshu Mallick had said that the FMCG giant will focus on increasing its market share in the edible oil segment and grow food business.

What is the present subscription status? On day 2, the Adani Wilmar issue was subscribed 1.13%, and over 13,85,77,200 applications for shares were seen against the total issue size of 12,25,46,150 shares. It is to note that the company has reserved equity shares aggregating to Rs 107 crore for eligible employees, who will also get at least Rs 21 per share during the bidding process. Other details • IPO date: January 27-January 31 • The price band of Adani Wilmar IPO: Rs 218-Rs 230 per share • Lot size: The investor can bid for a minimum of 65 equity shares and in multiples thereafter • IPO size: Rs 3,600 crore • Adani Wilmar IPO share allotment date: Likely on February 3 • Adani Wilmar IPO listing date: Likely February 8 on BSE and NSE Should you subscribe? Hem Securities had published its report on Adani Wilmar and the research firm had recommended to “subscribe” the IPO. In the report dated 25 January, Hem Securities had said that Adani Wilmar, “has differentiated and diversified product portfolio with market-leading brands. Also, the company is one of India’s leading consumer product companies with leadership in edible oil and packaged food business along with strong raw material sourcing capabilities & integrated business model with well-established operational infrastructure and strong manufacturing capabilities.” Even analysts at Ventura Securities gave “subscribe” rating on Adani Wilmar IPO with a 24-month price target of Rs 468.8 per share.

Market observers said that Adani Wilmar IPO GMP today is ₹40, which is ₹5 lower from is yesterday's grey market premium of ₹45. They said that after two days of bidding, grey market and subscription status suggests that despite negative market sentiments, Adani Wilmar IPO GMP has remain steady at around ₹40 to ₹45 for last 3 days, which is good for the IPO. They said that Adani Wilmar shares made its debut at around ₹65 in the grey market that means it may list at around ₹65 premium in bulls’ case while in bears’ case it may give around ₹40 premium to its bidders. What this GMP mean? According to market observers, grey market premium is an estimated view about the listing gain one can expect from a particular public issue. However it is completely non-regulated unofficial data, which is nothing to do with the balance sheet of the company. As Adani Wilmar IPO GMP today is ₹40, it means grey market is expecting Adani Wilmar share listing at around ₹270 ( ₹230 + ₹40), which is around 177 per cent higher from its price band of ₹218 to ₹230 per equity share. However, stock market experts maintained that GMP is not a concrete data to find out whether a public issue is strong or weak. One should look at the financials of the company as it reflects actual financial condition and important fundamentals that reflects clear picture of the company. Advising investors to subscribe Adani Wilmar IPO; Aprajita Saxena, Research Analyst at Trustline Securities said, "Company enjoys a leader...

Advertisement The Adani Enterprises FPO lot size is 4 shares. A retail-individual investor can apply for up to 15 lots (60 shares or ₹196,560). Adani Enterprises FPO Subscription Status Liv Category Day 1 Day 2 Day 3 Day 4 QIB 0.00 – – – NII 0.01 – – – Retail 0.02 – – – EMP 0.04 – – – Total 0.00 – – – Adani Enterprises FPO IPO Grey Market Premium Adani Enterprises FPO Dates & Price Band : IPO Open: Jan 27, 2023 IPO Close: Jan 31, 2023 IPO Size: Approx₹ 20,000 Crores Price Band: ₹ 3112 to ₹3276 per share Listing on: BSE & NSE Retail Portion: 35% of the Net Offer Equity: –Equity Shares Face Value: ₹1 Per Equity Share Adani Enterprises FPO Market Lot: • Shares: 4 Sharesin 1 lot • Minimum Amount: ₹13,104 • Maximum Amount: ₹ 196,560 Adani Enterprises FPO Allotment & Listing: • Basis of Allotment: Feb 3, 2023 • Refunds: Feb 6, 2023 • Credit to Demat accounts: Feb 7, 2023 • Listing: Feb 8, 2023 Read Also Adani Enterprises FPOAllotment Status Adani Enterprises FPO Listing Date