IPO

Adani Enterprises Limited FPO (Follow on Public Offer)

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Offer Date: Jan 27, 2023 - Jan 31, 2023

IPO Cancelled

₹ 13104 /4 Shares

Check Allotment

27 Jan, 2023

Open Date

31 Jan, 2023

Close Date

03 Feb, 2023

Allotment Date

08 Feb, 2023

Listing Date
Adani Enterprises Ltd FPO (Follow on Public Offer) IPO Issue Details
  • Issue Price ₹3112-3276 per equity share
  • Face Value ₹1 Per Equity Share
  • Issue Price 64,738,475 shares of ₹1(aggregating up to ₹20,000.00 Cr)
  • Listing at BSE, NSE
  • Lead Manager Multiple
  • Registrar Link Intime India Private Ltd
Adani Enterprises Ltd FPO (Follow on Public Offer) IPO Details
  • Retail Portion 35%
Adani Enterprises Ltd FPO (Follow on Public Offer) IPO Documents
Adani Enterprises Ltd FPO (Follow on Public Offer) IPO Details


The IPO of Adani Enterprises Ltd FPO (Follow on Public Offer) is priced at ₹3112-3276 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Jan 27, 2023 and ends on Jan 31, 2023. The allotment for Adani Enterprises Ltd FPO (Follow on Public Offer) IPO will be finalized on Feb 3, 2023. Adani Enterprises Ltd FPO (Follow on Public Offer) IPO will be listed on BSE, NSE, with a tentative listing date fixed as Feb 8, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Multiple.


The Adani Enterprises Ltd FPO (Follow on Public Offer) IPO sets its price band at 3112-3276 for each share. A single application for Adani Enterprises Limited FPO (Follow on Public Offer) must contain at least 4 shares.

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Adani Enterprises Ltd FPO (Follow on Public Offer) IPO Subscription Analysis And Details
Retail
0.12x
QIB
1.26x
NII
3.32x
bNII
4.97x
sNII
0.02x
Total
1.12x
As on QIB NII
bNII   sNII
Retail Employee Total
Shares Offered / Reserved 12,821,336 9,616,323
6,410,668    3,205,655
22,908,464 160,668 45,506,791
Day 1 27-01-23 05:00 PM
0.00 x 0.01
0.01 x   0.00 x
0.02 x 0.04 x 0.01 x
Day 2 30-01-23 05:00 PM
0.00 x 0.04
0.04 x   0.01 x
0.04 x 0.13 x 0.03 x
Day 3 31-01-23 05:00 PM
1.26 x 3.32
4.97 x   0.02 x
0.12 x 0.55 x 1.12 x
Adani Enterprises Ltd FPO (Follow on Public Offer) Valuations
Earnings Per Share (EPS) ₹N/A/-
P/E Ratio N/A
RoNW N/A%
Net Asset Value (NAV) - As on 31.03.22 ₹N/A
Adani Enterprises Ltd FPO (Follow on Public Offer) Company Financials
In Crs.
In Cr.
30-Sep-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 123091.28 101760.19 51642.86 46898.36
Revenue 79507.89 70432.69 40290.93 44086.21
Profit After Tax 901.04 787.7 1045.76 1039.99
About Adani Enterprises Ltd FPO (Follow on Public Offer) Company

Incorporated in 1993, Adani Enterprises Limited is an Indian Multinational company engaged in multiple business ventures. The entity is the flagship company of the Adani Group.
Over the decades of its operations, the Group has established unicorns like Adani Power, Adani Ports & SEZ, Adani Transmission, Adani Green Energy, and Adani Total Gas. The endeavors of the companies are highly driven toward making India a self-reliant country.

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Adani Enterprises Ltd FPO (Follow on Public Offer) - Promoter(s)

Gautam S. Adani

Rajesh S. Adan

Pre Issue Share Holding : N/A%

Post Issue Share Holding : N/A%

Adani Enterprises Ltd FPO (Follow on Public Offer) IPO - Issue Objectives
1

Funding capital expenditure requirements of some of the Subsidiaries in relation to (a) certain projects of the green hydrogen ecosystem; improvement works of certain existing airport facilities; and construction of greenfield expressway

2

Repayment, in full or 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

3

General corporate purposes.

Adani Enterprises Ltd FPO (Follow on Public Offer) IPO - Anchor Investors

Adani Enterprises on January 25 said it has raised close to Rs 6,000 crore from anchor investors. The firm noted that it has received Rs 2,992.4 crore from anchor investors ahead of its follow-on public offer (FPO) opening for the public, which is half of the amount of the total anchor book launched. The remaining amount will be payable by anchor investors later in one or more subsequent calls.
These include Abu Dhabi Investment Authority (ADIA), Maybank Asia, Goldman Sachs, Nomura Financial, Societe Generale, Jupiter, BNP Paribas, Al Mehwar, Citigroup, and Morgan Stanley.
Among domestic investors, only life insurance companies participated in the anchor placement. Mutual funds shied away from the issue.