Adani Wilmar IPO Review, Dates, Size, Allotment, Subscription, GMP & DRHP
Let’s have a detailed review of the company and analytics of the Adani Wilmar IPO release date, IPO offer price, subscription, Adani Wilmar Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
|Face Value||Rs 1|
|Price Band||Rs [●]|
|Listing At||BSE, NSE|
|Min. Order Quantity||NA|
|Offer for Sale||Rs Millions|
|Fresh Issue||Rs Millions|
|IPO Size||Rs 45,000 Million|
Adani Wilmar IPO is listed at [●] premium. Check out the live share price by clicking on the below link.
Adani Wilmar IPO – Summary
Adani Wilmar Limited is an equal joint venture between Adani Group and Wilmar International Limited. It was incorporated in January 1999.
It is now one of the fastest-growing FMCG food companies in India. AWL is the largest distribution network among all branded edible oils in India. There are 95 stock points, 5000 distributors, and 10% Retail Penetration which spans across approx. 1.5 Million outlets all over India.
AWL has owned more than 40 units. Fortune is one of the most prestigious and trusted brands of the Adani Wilmar Group. Just within 2 years of its launch in India, it became the market leader in its segment.
The Promoter of this company is ADANI ENTERPRISES LIMITED, ADANI COMMODITIES LLP AND LENCE PTE. LTD. The lead manager to the issue is Kotak Mahindra Capital Company Limited. J.P. Morgan India Private Limited, BofA Securities India Limited, Credit Suisse Securities (India) Private Limited, ICICI Securities Limited, HDFC Bank Limited, and BNP Paribas, and the Registrar to this issue is Link Intime India Private Limited.
Adani Wilmar IPO Date
The opening and the closing date of the IPO of Adani Wilmar Limited are not available yet.
Adani Wilmar IPO Subscription
|Day / Date||QIB||NII||RII||Total Subscription|
|1st Day –|
|2nd Day –|
|3rd Day –|
|Shares Offered or Net Issue|
The shares subscribed by the public will be updated here.
Adani Wilmar IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Adani Wilmar Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
|Basis of Allotment Finalization||–|
|Credit of Shares to Demat Account||–|
|Share Listing Date||–|
Adani Wilmar IPO Cash Price
The face value of each share is Rs.1, but the price band of the IPO is Rs.[●]
Adani Wilmar IPO Equity Size
This Initial Public Issue of X Equity Shares of Rs.1 each for cash at a price of Rs.[●] per equity share aggregating to Rs.45,000 Million.
Adani Wilmar IPO Share Offering
Net Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.1/ each.
Issue Size: X Equity Shares of Rs.1 each, aggregating to Rs.45,000 Million
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Adani Wilmar IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
|Live IPO Performance – Adani Wilmar Share Price|
Adani Wilmar IPO Grey Market Premium
The Adani Wilmar Limited IPO Grey Market Premium price is Rs 200, the Kostak rate is Rs 0 and the Subject to Sauda is Rs 0.
Adani Wilmar IPO – Company Overview
We are one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. Essential commodities, such as edible oils, wheat flour, rice, pulses, and sugar, account for approximately 66% of the spending on essential kitchen commodities in India.
We offer a range of staples such as wheat flour, rice, pulses, and sugar. Our products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.
We are a joint venture incorporated in 1999 between the Adani Group, which is a multinational diversified business group with significant interests across transport and logistics, and energy and utility sectors, and the Wilmar Group, one of Asia’s leading agribusiness groups which were ranked among the largest listed companies by market capitalization on the Singapore Exchange as of June 30, 2021.
As a joint venture between the Adani Group and the Wilmar Group, we benefit from our strong parentage. We benefit from the Adani Group’s in-depth understanding of local markets, extensive experience in domestic trading and advanced logistics network in India, and leverage on the Wilmar Group’s global sourcing capabilities and technical know-how.
Adani Wilmar IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
|Amount (in INR & Millions)|
|Profit After Tax||7,276.49||4,608.72||3,755.21|
Earnings per Equity Share (in Millions)
|Basic & Diluted||6.37||4.03||3.29|
Adani Wilmar IPO – Promoters
The Promoter of this company is:
- ADANI ENTERPRISES LIMITED
- ADANI COMMODITIES LLP
- LENCE PTE. LTD
List of Related Parties (Key Managerial Personnel)
- Kuok Khoon Hong. Non-Executive Chairman
- Angshu Mallick, Chief Executive Officer, and Managing Director
- Pranav Vinod Adani, Non-Executive, Non-Independent Director
- Malay Ramesh Mahadevia, Non-Executive, Non-Independent Director
- Madhu Ramachandra Rao, Independent Director
- Dorab Erach Mistry, Independent Director
Adani Wilmar IPO – Promoter Holding
- Pre IPO %
- Post IPO %
Adani Wilmar IPO Offer Details or Issue Details
|Particulars||No. Of Equity Shares|
|Equity Shares Offered||Up to X Equity Shares aggregating up to Rs.45,000 Million|
|Issue Reserved for the Market Makers||Up to [●] Equity Shares aggregating up to Rs.[●]|
|Net Issue to the Public||Up to [●] Equity Shares aggregating up to Rs.[●]|
|Retail Investors Portion||Not less than [●] Equity Shares|
|Other than Retail Individual Investors||Not more than [●] Equity Shares|
|Equity Shares outstanding prior to the Issue||1,142,948,860 Equity Shares|
|Equity Shares outstanding after the Issue||X Equity Shares|
Adani Wilmar IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Funding capital expenditure for expansion of our existing manufacturing facilities and developing new manufacturing facilities (“Capital Expenditure”);
2. Repayment/prepayment of our borrowings;
3. Funding strategic acquisitions and investments; and
4. General corporate purposes.
Business strategies of Adani Wilmar Limited
- Become the leading packaged food and FMCG company in India
- Further, expand our distribution network with an omnichannel approach
- Focus on increasing brand awareness
- Continue to launch new products and enhance our customer base
- Pursue strategic acquisitions
- Focus on multiple drivers for margin expansion
Adani Wilmar Limited IPO – Basis of the Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Our differentiated and diversified product portfolio with market-leading brands to capture a large share of kitchen spends across India;
- One of India’s leading consumer product companies with leadership in edible oil and packaged food business;
- One of the leading market positions in industry essentials;
- Strong raw material sourcing capabilities;
- An integrated business model with well-established operational infrastructure and strong manufacturing capabilities;
- Extensive pan-India distribution network;
- Focus on environmental and social sustainability; and
- Strong parentage with professional management and experienced board.
The relevant quantitative factors are:
|Basic & Diluted EPS||RONW (%)||NAV (Rs.)|
Adani Wilmar IPO: Competitive Peers
|Face Value (Rs.)||P/E||EPS (Rs.)||Return on Net Worth (%)||Total Income (Rs. in Millions)|
|Adani Wilmar Limited||1||[●]||6.37||22.06||371,956.58|
|Hindustan Unilever Limited||1||68.57||34.03||16.8||470,280|
|Britannia Industries Limited||1||44.23||77.43||51.6||131,361|
|Tata Consumer Products Limited||1||81.32||9.30||6.0||116,020|
|Dabur India Limited||1||62.90||9.58||22.0||95,617|
|Nestle India Limited||10||81.96||215.98||103.1||133,500|
Adani Wilmar IPO Lead Managers
Kotak Mahindra Capital Company Limited
J.P. Morgan India Private Limited
BofA Securities India Limited
Credit Suisse Securities (India) Private Limited
ICICI Securities Limited
HDFC Bank Limited
Adani Wilmar IPO Registrar to offer
|Registrar to the Offer|
|Link Intime India Private Limited |
C 101, 247 Park
Mumbai 400 083
Tel: +91 22 4918 6200
Investor Grievance ID: email@example.com
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Adani Wilmar IPO – Other Details
- Statutory Auditor – M/s Shah Dhandharia & Co. LLP
- Legal Counsel to the Company – Cyril Amarchand Mangaldas
- Bankers to the Company – Axis Bank Limited, Bank of Baroda, Coöperatieve Rabobank U.A., Hong Kong Branch, Coöperatieve Rabobank U.A., Mumbai Branch , Export-Import Bank of India, HDFC Bank Limited
Adani Wilmar IPO Review by Stock Brokers
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Adani Wilmar Limited IPO News
Adani Wilmar IPO Review FAQs
What is the Issue Size of Adani Wilmar IPO?
The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Adani Wilmar IPO?
The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.1 per share.
What is the Adani Wilmar IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
What is the Adani Wilmar IPO Allotment Date?
We also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
What is the Adani Wilmar IPO Listing Date?
Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of Adani Wilmar IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Adani Wilmar IPO?
Here are the promoters of this IPO – ADANI ENTERPRISES LIMITED, ADANI COMMODITIES LLP, AND LENCE PTE. LTD. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Adani Wilmar IPO?
We have obtained the GMP of this IPO and it is Rs 200. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is Adani Wilmar IPO good for Investment?
We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Adani Wilmar Company?
We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2021 in Million is 7,276.49, 2020 is 4,608.72, 2019 is 3,755.21.
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