Select Page

Adani Enterprises FPO Price, Dates & Allotment Details 2023

Adani Enterprises FPO Price, Dates & Allotment Details 2023

Adani Enterprises FPO will open on January 27 and close on January 31, 2023. As per the RHP filed with SEBI, the company intends to raise approximately ₹ 20,000 crore through this FPO. 

Adani Enterprises Limited, incorporated in 1988, is part of the Adani Group. They are among India’s top business houses, having an integrated energy and infrastructure platform in India. The group is an Indian multinational company engaged in a number of business ventures. Group has includes Adani Power, Adani Ports & SEZ, Adani Transmission, Adani Green Energy, and Adani Total Gas.

The company has emerged as a leader in various sectors, with a long track record of successful execution of various large-scale projects. The business of Adani Group includes Edible Oil & Foods, Mining Services, Agro, Solar Manufacturing, Defence & Aerospace, Airports, Roads, Metro & Rail and Ports.

Objects of the Issue

The company proposes to utilize the net proceeds of the Fresh Issue towards funding the following objects:

  1. Funding capital expenditure requirements of some of the subsidiaries in relation to certain projects of the green hydrogen ecosystem, improvement works of certain existing airport facilities & construction of a greenfield expressway;
  2. Repayment, in full or in part, of certain borrowings of our company and three of our subsidiaries, namely, Adani Airport Holding Limited, Adani Road Transport Limited, and Mundra Solar Limited; and
  3. General corporate purposes.

Financial Highlights (Consolidated)

ParticularsPeriod ended on 30th September 2022FY 2021-22FY 2020-21FY 2019-20
Net Worth3617.642692.8418911820.99
Total Assets12309.13101760.1951642.864689.84
Total Revenue7950.7970432.6940290.934408.62
Profit After Tax90.1787.71045.76104
Total Borrowing4002.3541023.7716051.421260.49
(Amount in ₹ Crore)

Adani Enterprises FPO – Details

Issue TypeBook Built Issue FPO
FPO Price₹ 3112 to ₹ 3276 per share
Face Value₹ 1 per share
Market Lot4 shares
Issue Size64,738,475 shares of ₹ 1 (Aggregating up to ₹ 20,000 Crore)
Fresh Issue64,738,475 shares of ₹ 1 (Aggregating up to ₹ 20,000 Crore)
Retail Discount₹ 64 per share
QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% of the Net Issue
Listing AtBSE, NSE
Promoters1. Gautam S. Adani
2. Rajesh S. Adani

ALSO READ

Best Stock To Buy During Covid Pandemic 

As you must be seeing in the news right now, the Covid pandemic is knocking again in the world. We have seen earlier that the impact of the Covid epidemic falls on every sector of the economy. READ MORE

Tentative Dates – Adani Enterprises FPO

Adani Enterprises FPO opens on January 27 and closes on January 31, 2023.

Opening DateJanuary 27, 2023
Closing DateJanuary 31, 2023
Basis of AllotmentFebruary 3, 2023
Initiation of RefundsFebruary 6, 2023
Credit of shares to Demat A/cFebruary 7, 2023
Listing DateFebruary 8, 2023

Lot Size – Adani Enterprises FPO

The Adani Enterprises FPO lot size is 4 shares. A retail-individual investor can apply for up to 15 lots, i.e., 60 shares of ₹ 196,560.

ApplicationsLotsSharesAmount 
Retail (Minimum)14₹ 13,104
Retail (Maximum)1560₹ 196,560
S-HNI (Minimum)1664₹ 209,664
B-HNI (Minimum)77308₹ 1,009,008

Promoters Holdings – Adani Enterprises FPO

Pre-issue Shares Holdings72.63%
Post-issue Shares Holdings

Miscellaneous Information

Download Prospectus (PDF)
Company Contact InformationAdani Enterprises Limited
Shantigram, Near Vaishnodevi Circle, S G Highway, Ahmedabad-382421
Phone: +91-79-26565555
Website: https://www.adanienterprises.com/
IPO RegistrarLink Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
IPO Lead Manager(s)1. ICICI Securities Limited 
2. Jefferies India Private Limited 
3. SBI Capital Markets Limited 
4. Axis Capital Limited 
5. BOB Capital Markets Limited 
6. IDBI Capital Market Services Limited 
7. JM Financial Limited 
8. IIFL Securities Ltd 
9. Monarch Networth Capital Ltd
10. Elara Capital (India) Private 

FAQ’s

The Adani Enterprises FPO price is ₹ 3112 to ₹ 3276 per share.

One lot of Adani Enterprises FPO contains 4 shares of ₹ 13,104.

The minimum investment size is one lot for retail investors.

The finalization of the basis of allotment for the Adani Enterprises FPO will be done on February  3, 2023, and the allotted shares will be credited to your demat account by February 7, 2023.  Check the Adani Enterprises FPO allotment status.

The Adani Enterprises FPO shares listing date is February 8, 2023.

The investors’ portion for NII (HNI) is 15%, retail is 35%, and QIB is 50% of the net offer.

Click here for more FAQs.

Leave a reply

Your email address will not be published. Required fields are marked *

Current IPO (Main Board)

Issuer CompanyOpenClose
Tata Technologies Ltd.--
Plaza Wires Ltd.29-Sep-234-Oct-23
27-Sep-233-Oct-23
Updater Services Ltd.25-Sep-2327-Sep-23
JSW Infrastructure ltd.25-Sep-2327-Sep-23
22-Sep-2326-Sep-23
20-Sep-2322-Sep-23
20-Sep-2322-Sep-23
Yatra Online Ltd.15-Sep-2320-Sep-23
14-Sep-2318-Sep-23

SME IPO

Issuer CompanyOpenClose
Rajgor Castor Derivatives Ltd.17-Oct-2320-Oct-23
WomanCart Ltd.16-Oct-2318-Oct-23
12-Oct-2316-Oct-23
Committed Cargo Care Ltd.6-Oct-2310-Oct-23
29-Sep-234-Oct-23
Karnika Industries Ltd.29-Sep-234-Oct-23
Plada Infotech Services Ltd.29-Sep-234-Oct-23
29-Sep-234-Oct-23
29-Sep-234-Oct-23
Vivaa Tradecom Ltd.27-Sep-234-Oct-23

RECENT COMMENT

No comments to show.