Adani Enterprises FPO opens today: Check live subscription status

27 Jan 2023 , 11:15 AM

The follow-on public offer (FPO) of Adani Enterprises hits the primary market for subscription today and will be closes on January 31. The company is raising Rs 20,000 crore from the offer. The net proceeds will be used to repay debt and capital expenditure of Adani Enterprises Ltd and its subsidiaries. Click here to subscribe Adani Enterprises FPO.

The company has fixed the price band of follow-on offer at Rs 3,112 to Rs 3,276 per equity share and investors can apply for 4 equity shares in a lot.  

Check the live subscription status of Adani Enterprises FPO on January 27 at 11:06 AM

Category	No.of shares offered	No. of shares bid for	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	1,28,21,336	–	0.0
Non Institutional Investors(NIIs)	96,16,323	9,248	0.0
Retail Individual Investors (RIIs)	2,29,08,464	99,500	0.0
Employee Reserved	1,60,668	1,588	0.01
Total	4,55,06,791	1,10,336	0.0

(Source: BSE)

Incorporated in 1988, Adani Enterprises Limited is part of the Adani Group. The company is among the India’s top business houses having an integrated energy and infrastructure platform in India. The Group is an Indian Multinational company engaged in multiple business ventures.