ADANI WILMAR IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

Adani Wilmar IPO GMP Today, Adani Wilmar IPO Grey Market Premium Updates | Adani Wilmar IPO Listing Gain, Latest target, Opening gain

Adani Wilmar IPO date fixed, the initial public offer (IPO) to hit the market on January 27, 2022. Adani Wilmar IPO to raise ₹3600 crores via IPO. The retail quota is 35% with QIB 50% and HNI 15%.

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.

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. 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.

Check out Adani Wilmar IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Adani Wilmar IPO Details:

Issuer Adani Wilmar Limited
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 Rs.194,350
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Offer for Sale ₹3600 Cr
Employee Discount ₹21
Listing at NSE & BSE
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Equity Shares
Grey Market Price Adani Wilmar IPO GMP

Adani Wilmar IPO GMP Rates day by day

Adani Wilmar IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
HNI COST ₹21
08 FEB 2022
07 FEB 2022 ₹24 ₹500
06 FEB 2022 ₹24 ₹500
05 FEB 2022 ₹24 ₹500
04 FEB 2022 ₹27 ₹600
03 FEB 2022 ₹35 ₹600
02 FEB 2022 ₹34 ₹650
01 FEB 2022 ₹32 ₹600 ₹950
31 JAN 2022 ₹25 ₹500 ₹1500
30 JAN 2022 ₹27 ₹500 ₹1500
29 JAN 2022 ₹40 ₹550 ₹1500
28 JAN 2022 ₹45 ₹500 ₹1450
27 JAN 2022 ₹40 ₹500 ₹1500
26 JAN 2022 ₹60 ₹800 ₹2000
25 JAN 2022 ₹52 ₹600 ₹1300
24 JAN 2022 ₹60 ₹700 ₹1800
23 JAN 2022 ₹70 ₹700 ₹1800
22 JAN 2022 ₹75 ₹800 ₹1800
21 JAN 2022 ₹90 ₹1000 ₹4000
20 JAN 2022 ₹100 ₹1075 ₹4000
19 JAN 2022 ₹90 ₹950 ₹3000
18 JAN 2022 ₹170 ₹700 ₹2100
17 JAN 2022 ₹170 ₹900 ₹2700
16 JAN 2022 ₹140
15 JAN 2022 ₹140

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:

 Basis of Allotment: Feb 3, 2022
 Refunds: Feb 4, 2022
 Credit to Demat Account: Feb 7, 2022
 Listing Date: Feb 8, 2022

How to Apply for Adani Wilmar IPO?

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How to Apply the Adani Wilmar IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Adani Wilmar”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Adani Wilmar IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Adani Wilmar”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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IPO ALLOTMENT TIPS & TRICKS

Check:- Adani Wilmar IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.
– This is only coverage of News related to Grey Market . We don’t deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

IGL Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

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