Adani Wilmar IPO Price, GMP, Review, Dates, Allotment

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Adani Wilmar IPO

Adani Wilmar IPO Details:

When is Adani Wilmar IPO launching?

The initial public offering (IPO) of edible oil manufacturer Adani Wilmar has opened for subscription on Thursday, January 27, 2022.

Adani Wilmar Limited IPO Tentative Timetable

The Adani Wilmar IPO open date is Jan 27, 2022, and the close date is Jan 31, 2022. The issue may list on Feb 8, 2022.

IPO Open Date Jan 27, 2022
IPO Close Date Jan 31, 2022
Basis of Allotment Date Feb 3, 2022
Initiation of Refunds Feb 4, 2022
The credit of Shares to Demat Account Feb 7, 2022
IPO Listing Date Feb 8, 2022

 

Adani Wilmar IPO Lot Size

The Adani Wilmar IPO market lot size is 65 shares. A retail-individual investor can apply for up to 13 lots (845 shares or ₹194,350).

Application Lots Shares Amount (Cut-off)
Minimum 1 65 ₹14,950
Maximum 13 845 ₹194,350

 

Adani Wilmar IPO Share Price

Adani Wilmar IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹3,600.00 Crores. The issue is priced at ₹218 to ₹230 per equity share. The minimum order quantity is 65 Shares.

Adani Wilmar IPO Promoter Holding

Adani Enterprises Limited, Adani Commodities LLP, and Lence Pte. Ltd is the company promoter.

Pre Issue Share Holding 100%
Post Issue Share Holding 87.92%

 

Adani Wilmar IPO Board of Directors

Name Designation
Angshu Mallick Managing Director & CEO
Anup Pravin Shah Independent Director
Darshil Lakhia Co. Secretary & Compl. Officer
Dipali H Sheth Independent Director
Dorab Erach Mistry Independent Director
Kuok Khoon Hong Non Executive Chairman
Madhu Ramachandra Rao Independent Director
Malay Ramesh Mahadevia Non Exe.Non Ind.Director
Pranav Vinod Adani Non Exe.Non Ind.Director
Shrikant Kanhere Chief Financial Officer

 

Adani Wilmar IPO Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
30-Sep-21 31-Mar-21 31-Mar-20
Total Assets 179,237.07 133,266.39 117,859.17
Total Revenue 249,572.86 371,956.58 297,669.86
Profit After Tax 3,571.33 7,276.49 4,608.72

 

About Adani Wilmar IPO

Established in 1999 as a joint venture between Adani Group and the Wilmar Group, Adani Wilmar is an FMCG food company offering the greater part of the fundamental kitchen commodities for Indian buyers, including edible oil, wheat flour, rice, pulses, and sugar. The company likewise offers a different range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company’s items are offered under an assorted range of brands across an expansive price spectrum and take care of various customer groups.

The company’s item portfolio is ordered into (I) edible oil, (ii) packaged food and FMCG, and (iii) industry essentials. “Fortune”, the company’s flagship brand, is the biggest selling edible oil brand in India. As of late the company has zeroed in on esteem added items and has launched items, for example, edible oil items, rice bran health oil, fortified foods, ready-to-cook soya chunks, khichdi, and so on in accordance with this. The company has solid raw material sourcing abilities and was India’s biggest shipper of crude edible oil as of March 31, 2021.

The company works with 22 plants situated across 10 states in India, including 10 crushing units and 19 refineries. The company’s refinery in Mundra is one of the biggest single-location refineries in India with a capacity of 5,000 MT each day. Notwithstanding the 22 plants Adani Wilmar, likewise utilized 36 leased tolling units as of Sep 31, 2021, for extra manufacturing limits.

The company’s distributors are in 28 states and 8 union territories all through India, catering to over 1.6 million retail outlets. As of September 30, 2021, the company had 88 depots in India, with a total storage space of approx. 1.8 million square feet the nation over.

Adani Wilmar Limited IPO GMP

Shares of the company are currently commanding a grey market premium (GMP) of 25%, which is ₹50 per share from the IPO price.

How to apply for Adani Wilmar IPO?

You can apply in Adani Wilmar IPO online utilizing either UPI or ASBA as a payment technique. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is offered by dealers who don’t offer banking services. Peruse more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Final Review for Adani Wilmar Limited IPO

This is the Adani group FMCG fragment. It has checked surprising development up until this point. The group is emerging with a public issue after almost 12 years. Adani Group shares are liked in all cases of investors. Just around 12% of the value is getting weakened by this issue. However the issue is fully priced, investors might consider an investment with a drawn-out point of view.

Adani Wilmar IPO Application Status  

Step to Check IPO Allotment:

  • Go to the official website of the Link Intime allotment page or BSE Site.
  • Select the search option at your convenience.
  • Select the Adani Wilmar IPO option from the list.
  • Enter the PAN.
  • Click on submit button and share allotment details will appear.

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