27 Jan 2022 , 12:52 PM
The IPO is a 100% book building and has a price band of Rs218 to Rs230 per equity share. Bid lot size includes 65 Equity Shares and in multiples thereof.
However, the portion set aside for retail investors was subscribed 51 percent, while the portion allocated for non-institutional investors was subscribed of 0.05 percent or 10.37 lakh shares of the 2.15 cr shares allocated.
Qualified institutional buyers (QIB) have subscribed 11 percent or 32.63 lakh share out of the 2.87 cr share allotted to them.
Kotak Mahindra Capital, JP Morgan India, BofA Securities India, Credit Suisse Securities (India), ICICI Securities, HDFC Bank and BNP Paribas are the book running lead managers to the issue.
On January 25, the company garnered Rs940cr through anchor investors. Also, this is the second IPO of the year 2022, after AGS Transact Technologies.
As per financial perspective, Adani Wilmar’s profit surged significantly to Rs727.65cr from Rs460.87cr in FY20, and revenue during the same period rose to Rs37,090.4cr from Rs29,657.04cr.
At around 12:51 PM, Adani Enterprises was trading at Rs,684.70 apiece down by Rs55.55 or 3.19% on Sensex today.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.