Adani Wilmar IPO to hit the market on January 27 and will close on January 31, 2022. Adani Wilmar IPO will be the 7th Adani Group company to list in India. The company to raise Rs.3600 crores via OFS. The retail quota is 35%, QIB 50% and NII is 15%. The Employees Reservation is around Rs.107 Crores & Shareholders Reservation (Adani Enterprise) is around Rs.360 Crores.
Adani
Wilmar is an FMCG food company a group company of Adani Enterprise,
offering essential kitchen commodities for Indian consumers. The company
to raise ₹3600 crores via IPO. Adani Wilmar is the 50-50 joint venture
of the Adani Enterprises and Wilmar Group. They are the owner of the Fortune brand of edible oils. The company joint ventured in 1999 based in Ahmedabad, Gujarat. Adani Wilmar is one of the largest FMCG food companies in
India. They offer essential kitchen commodities for Indian consumers,
including edible oil, wheat flour, rice, pulses, and sugar. Our products
are offered under a diverse range of brands across a broad price
spectrum and cater to different customer groups. The company launched
their value-added functional edible oil products like rice bran health
oil, fortified foods, ready-to-cook soya chunks, and khichdi and FMCG
products such as soaps, handwash, and sanitizers. The company has over
20 plants located in 10 states in India. They have 10 crushing units and
18 refineries. They have one of the largest single-location refineries
in Mundra. As of March 31, 2021, Adani Wilmar had 5,566 distributors
located in 28 states and eight union territories throughout India,
catering to over 1.6 million retail outlets.
Brokerage Firm IPO Reviews
- Arihant Capital: Subscribe
- Angel Broking: Subscribe
- Capital Market: May Apply
- Ventura Securities: Subscribe for Long Term
- ICICI Securities: Not Rated
- Choice Broking: Subscribe
- Marwadi Financial: Subscribe for Long Term
Adani Wilmar IPO Date, Size & Price Band
Adani Wilmar IPO Date | 27 – 31 January 2022 |
Adani Wilmar IPO Price Band | INR218 – 230 per share |
Fresh issue | INR3,600 crore |
Offer For Sale | Nil |
Total IPO size | INR3,600 crore |
Minimum bid (lot size) | 65 shares |
Face Value | INR 1 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
Adani Wilmar IPO Market Lot
The Adani Wilmar IPO minimum market lot is 65 shares with Rs.14,950 application amount. The retail investors can apply up-to 13 lots, 845 shares with Rs.194,350 application amount.
Adani Wilmar IPO Date, Time Table, Allotment & Listing
The Adani Wilmar IPO date is 27 January 2022 and the IPO close date is 31 January 2022. The allotment date is 03 February 2022 and the IPO may list on 08 February 2022.
Adani Wilmar Company Financial Report
Rs. in Crores | |||||
Income | Expense | PAT |
|||
2019 | Rs.28920 | Rs.28352 | Rs.375.52 | ||
2020 | Rs.29767 | Rs.29158 | Rs.460.87 | ||
2021 |
Rs.37196 | Rs.36439 | Rs.727.65 | ||
2022 6M |
Rs.24957 | Rs.24503 | Rs.357.13 |
Company Promoters
- Adani Enterprise Limited
- Adani Commodities LLP
- Lence PTE. LTD.
Adani Wilmar IPO Registrar
Link Intime India Private LimitedC 101, 247 Park, L.B.S Marg,
Vikhroli (West), Mumbai 400 083
Tel: +91 22 4918 6200
E-mail: adaniwilmar.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: adaniwilmar.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004
Note: Check Adani Wilmar IPO allotment status on Linkintime website allotment URL. Click Here
Fortune House,
Near Navrangpura Railway Crossing,
Ahmedabad 380009, Gujarat
Contact Person: Darshil Lakhia
Company Secretary and Compliance Officer
Tel: +91-79-26455848
E-mail: investor.relations@adaniwilmar.in
Website: www.adaniwilmar.com
Adani Wilmar IPO Lead Managers
- Kotak Mahindra Capital Company Limited
- J.P. Morgan India Private Limited
- BofA Securities India Limited
- Credit Suisse Securities (India) Private Limited
- ICICI Securities Limited
- HDFC Bank Limited
- BNP Paribas
Company Address
Adani Wilmar LimitedFortune House,
Near Navrangpura Railway Crossing,
Ahmedabad 380009, Gujarat
Contact Person: Darshil Lakhia
Company Secretary and Compliance Officer
Tel: +91-79-26455848
E-mail: investor.relations@adaniwilmar.in
Website: www.adaniwilmar.com