Adani Wilmar IPO Date, Review, Price Bands, Market Lot, Adani Wilmar IPO Important Dates, Market Lot, Listing Date & Time Details
Adani Wilmar Limited is the 50-50 joint venture of the Adani Enterprises & 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.
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. The IPO opens on 27 Jan 2022 and closes on 31 Jan 2022.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE. Half of the offer is reserved for qualified institutional buyers (including anchor investors), 15 percent for non-institutional investors, and the remaining 35 percent for retail investors.
Kotak Mahindra Capital Company, J.P. Morgan India Pvt Ltd, Bofa Securities India, Credit Suisse Securities(India) Pvt Ltd, ICICI Securities, HDFC Bank, and BNP Paribas are the book running lead managers to the issue.
About Adani Wilmar Ltd
Incorporated in 1999 as a joint venture between Adani Group and the Wilmar Group, Adani Wilmar is an FMCG food company offering most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. The company also offers a diverse range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company’s products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.
The company’s product portfolio is categorized into (i) edible oil, (ii) packaged food and FMCG, and (iii) industry essentials. “Fortune”, the company’s flagship brand, is the largest selling edible oil brand in India. Recently the company has focused on value-added products and has launched products such as edible oil products, rice bran health oil, fortified foods, ready-to-cook soya chunks, khichdi, etc in line with this. The company has strong raw material sourcing capabilities and was India’s largest importer of crude edible oil as of March 31, 2020.
As of the date of this Draft Red Herring Prospectus, the company operates 22 plants located across 10 states in India, comprising 10 crushing units and 18 refineries. The company’s refinery in Mundra is one of the largest single-location refineries in India with a capacity of 5,000 MT per day. In addition to the 22 plants Adani Wilmar, also used 28 leased tolling units as of March 31, 2021, for additional manufacturing capacities. The company’s distributors are located in 28 states and 8 union territories throughout India, catering to over 1.6 million retail outlets.
Adani Wilmar IPO Details:
Issuer | Adani Wilmar Limited | |
Issue Type | Book Built Issue IPO | |
Issue Type | Book Built Issue IPO | |
Issue Period | Issue Opens: Jan 27, 2022 | |
Issue Closes: Jan 31, 2022 | ||
Price Brand | ₹218 to ₹230 Per Share | |
Issue Size | ₹3600 Crores | |
Face Value | Rs.1 per Equity Share | |
Market Lot | 65 Shares | |
Maximum Bid amount for Retail | ₹194,350 | |
QIB | 50% of the issue size | |
NIB | 15% of the issue size | |
Retail Individual Bidders | 35% of the issue size | |
Employee Discount | ₹21 | |
Listing at | NSE & BSE | |
Apply With | Upstox Free DEMAT Account | |
Equity | Shares | |
Grey Market Price | Adani Wilmar IPO GMP |
UPCOMING IPO | UPCOMING DIVIDEND |
UPCOMING BUYBACK | Latest IPO Subscription Status |
Latest IPO Grey Market Premium | ? Best Stocks for 2022 |
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Adani Wilmar IPO Dates & Price Band
IPO Open: | Jan 27, 2022 |
IPO Close: | Jan 31, 2022 |
IPO Size: | ₹3600 Crores |
Face Value: | ₹1 Per Equity Share |
Price Band: | ₹218 to ₹230 |
Listing on: | BSE & NSE |
Retail Portion: | 35% |
Total IPO size | Equity Shares |
Adani Wilmar IPO Market Lot:
Lot Size: | Minimum 65 Shares & Maximum 845 Shares |
Minimum Amount: | ₹14,950 |
Maximum Amount: | ₹194,350 |
Adani Wilmar IPO Allotment & Listing Dates:
Basis of Allotment: | Feb 3, 2022 |
Refunds: | Feb 4, 2022 |
Credit to Demat Account: | Feb 7, 2022 |
Listing Date: | Feb 8, 2022 |
Company Promoters:
- Adani Enterprises Limited, Adani Commodities LLP, and Lence Pte. Ltd are the company promoters.
Adani Wilmar Financials
Particulars | For the year/period ended (₹ in million) | ||||
---|---|---|---|---|---|
31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
Total Assets | 133,266.40 | 117,859.17 | 116,028.71 | ||
Total Revenue | 371,956.58 | 297,669.86 | 289,196.81 | ||
Profit After Tax | 7,276.49 | 4,608.72 | 3,755.21 |
Objects of the Issue:
The IPO aims to utilize the net proceed for the following objectives;
- Funding capital expenditure for expansion of existing manufacturing facilities and developing new manufacturing facilities (“Capital Expenditure”);
- Repayment/prepayment of borrowings;
- Funding strategic acquisitions and investments; and
- General corporate purposes.
Competitive strengths
- Diversified product portfolio with leading brands catering to most daily essentials of an Indian kitchen.
- Strong brand recall and broad customer reach.
- Leadership in branded edible oil and packaged food business in India.
- One of the largest basic oleochemical manufacturers of India.
- Strong raw material sourcing capabilities from top global suppliers.
- An integrated business model
- Pan-India distribution network
- Professional management and experienced board.
How to Apply for Adani Wilmar IPO?
If you have a Demat account, most banks offer online IPO applications. You can also contact the broker to apply for Adani Wilmar IPO? Most banks including the SBI bank, ICICI Bank, Axis, and Kotak bank allow the customer to apply for an IPO using the Demat account.
- How to Apply Adani Wilmar IPO Through ASBA?
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- How to Apply Adani Wilmar IPO through SBI Net Banking?
- How to Apply Adani Wilmar IPO through HDFC Netbanking?
- ➡️How To Apply Adani Wilmar IPO in Axis Bank Net banking?
- ➡️How To Apply Adani Wilmart IPO in Kotak Bank Net banking?
- ➡️How To Apply Adani Wilmar IPO With Angel Broking?
Check Adani Wilmar IPO Allotment Here: OR Log on to https://linkintime.co.in/MIPO/Ipoallotment.html
Note: Adani Wilmar IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.
# Option 1: BSE Website:
- Go to BSE Website
- Check box “Equity”
- Select IPO Name “Adani Wilmar”
- Type Your Application Number
- Type Your Pan Number
# Option 2: Linkintime Website:
- Go to Linkintime Website
- Select IPO Name “Adani Wilmar”
- Select Option from PAN Number, Application Number, or Demat Account Number
- As per selection add PAN Number, Application Number, or Demat Account Number
# Option 3: in Your Demat Account:
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
# Option 4: in Your Bank Account:
- Login to your Bank Account
- Check the amount is debited or released
How to Sell Adani Wilmar IPO Shares on Listing Day?
Adani Wilmar IPO Listing Day Kya kre?
Adani Wilmar IPO Lead Managers
Lead Managers |
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Adani Wilmar IPO Registrar to Offer
Adani Wilmar IPO Registrar |
Link Intime India Private Limited C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai 400 083 Maharashtra, India Phone: +91-22-4918 6270 Email: adaniwilmar.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
Company Contact Info: |
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Adani Wilmar Limited Fortune House, Near Navrangpura Railway Crossing, Ahmedabad 380009, Gujarat, India Phone: +91-79-26455848 Email: investor.relations@adaniwilmar.in Website: https://www.adaniwilmar.com/ |
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