Adani Wilmar IPO Subscription: Key Things to Know Before Investing

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The subscription process for Adani Wilmar’s IPO opened on January 27 and will close on January 31.

IPO of Adani Wilmar.

Subscription for Adani Wilmar’s IPO opened on Thursday. Ahead of underwriting its IPO, one of India’s leading FMCG companies raised about Rs 940 crore from 15 senior investors.

REGISTRATION DATE ADANI WILMAR

The subscription process for Adani Wilmar’s IPO opened on January 27 and will close on January 31.

IPO PRICE

Adani’s IPO price has been set between Rs 218 and Rs 230 per share.

It has a market lot and a minimum order quantity of 65 shares each.

ADANI IPO ISSUE SIZE

Adani Wilmar has an issue size of Rs 3,600 crore.

The shares will be listed on the BSE and the NSE.

ADANI IPO KEY DATES

The allocation of Adani Wilmar IPO shares is expected to take place on February 4 and the shares are expected to go public on February 8, according to details from Chittorgarh.

Adani Wilmar IPO Lead Managers are BNP Paribas, BofA Securities India Limited, Credit Suisse Securities (India) Private Limited, HDFC Bank Limited, ICICI Securities Limited, JP Morgan India Private Limited and Kotak Mahindra Capital Company Limited.

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