Page 10 - Adani Wilmar

Can you make a fortune in Adani Wilmar IPO? What brokerages say

The IPO in the price band of Rs 218 to Rs 230 per share will be open for subscription from January 27 to January 31.

Adani Wilmar IPO opens on Thursday to raise up to Rs 3,600 crore

Edible oil major Adani Wilmar will on Thursday hit the capital market to raise up to Rs 3,600 crore through its Initial Public Offer (IPO). The proceeds of the public issue will be used to fund capital expenditure, reduce debt and for acquisitions as the company seeks to become India's biggest food and FMCG company. The public issue, comprising fresh equity shares, will open for subscription on January 27 and close on January 31. Price band is Rs 218-230 per share. Adani Wilmar, which sells cooking oils and some other food products under the Fortune brand, is a 50:50 joint venture between business conglomerate Adani group and Singapore-based Wilmar. On Tuesday, Adani Wilmar Ltd had raised Rs 940 crore from anchor investors. The company has decided to allocate around 4.09 crore equity shares to anchor investors at Rs 230 apiece. Investors can bid for a minimum of 65 equity shares and in multiples thereof. Half of the issue size has been reserved for qualified institutional buyers,

Adani Wilmar Rs 3,600-cr IPO opens tomorrow: Price band, other details

The IPO comprises fresh issuance of about 15.65 crore shares worth Rs 3,600 cr and the entire proceeds will go to the company.

Adani Wilmar raises Rs 940 crore from anchor investors ahead of IPO

Adani Wilmar Ltd said it has garnered Rs 940 crore from anchor investors, days before its IPO roll-out

Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth

FMCG major Adani Wilmar has set aside Rs 450 crore from the share sale that opens later this week, to tap more acquisition-led growth opportunities primarily in its non-edible oils business.

Street signs: Adani Wilmar GMP at 40%, Asia's big IPO flops, and more

Through the IPO, Adani Wilmar is raising Rs 3,600 crore in fresh capital

Adani Wilmar fixes IPO price band at Rs 218-230 per share

The public issue of Adani Wilmar comprises fresh issue of equity shares and there will not be any secondary offering

Market wrap: Sensex ends 427 points lower, Nifty closes below 17,650

Zomato ends 9% down, slips below listing price; Supriya LifeScience tanks 18% on disappointing Q3 earnings; Adani Wilmar IPO to open on Jan 27; price band fixed at Rs 218-230 apiece

Adani Wilmar sets IPO price band at Rs 218-230 rupees, to open on Jan 27

Adani Wilmar has set the indicative price band for its initial public offering (IPO) of shares at between 218 rupees and 230 rupees apiece

Adani Wilmar to hit capital mkt with Rs 3,600 crore-IPO on January 27

Adani Wilmar, which sells its cooking oils and some other food products under Fortuna brand, has cut the size of its initial share sale to Rs 3,600 crore from the Rs 4,500 crore planned earlier

Adani Wilmar IPO will open for subscription on Jan 27: Adani Enterprises

Those holding one or more share Adani Enterprises share in demat on January 19 will be considered eligible shareholder

Adani Wilmar cuts IPO size to Rs 3,600 cr from Rs 4,500 cr: Report

Edible oil major Adani Wilmar Ltd (AWL) has cut the size of its initial share-sale to Rs 3,600 crore from the Rs 4,500 crore planned earlier, people familiar with the development said on Friday.

Top headlines: Budget session from Jan 31; WPI inflation eases to 13.56%

Business Standard brings you the top headlines on Friday

From biscuits to shampoos, prices of FMCG goods to rise again in January

Firms say hike needed to cover high input costs

Entry of competitors will open up branded oil market: Adani Wilmar CEO-MD

In a Q&A, Angshu Mallick shares the company's road map towards becoming a nationwide branded food staples consumer major

Adani Enterprises hits 5-month high; shares surge 21% in 8 days

Shares of Adani Enterprises were trading at their highest level since June 4, 2021

Nykaa, Adani Wilmar, Star Health, 3 others get Sebi's go-ahead for IPOs

As many as six companies, including Nykaa, Adani Wilmar and Star Health & Allied Insurance, have received capital markets regulator Sebi's go-ahead to launch initial share-sales. Apart from these, Penna Cement Industries, Latent View Analytics and Sigachi Industries too received Sebi's clearance to raise funds through the initial public offerings. These six companies, which filed their preliminary IPO papers with Sebi between May and August, obtained its "observations" during October 11-14, an update with Sebi showed on Monday. In Sebi parlance, issuance of observations implies its go-ahead to float the initial public offering (IPO). Going by the draft papers, the IPO of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, comprises fresh issue of equity shares worth Rs 525 crore and an offer for sale (OFS) of 43,111,670 equity shares by promoter and existing shareholders. Those selling shares in the OFS are -- promoter Sanjay Nayar ..

Adani Wilmar rolls out 'Fortune Mart' stores in 6 states

Adani Wilmar, which markets edible oils and other food products under the Fortune brand, on Monday said it has opened 12 physical stores on franchisee model across six states and plans to start outlets across the country. "Adani Wilmar is opening physical stores under the name Fortune Mart which will exclusively sell Fortune and other Adani Wilmar brand products," the company said in a statement. The physical stores are being opened on a franchise model. Adani Wilmar has so far opened 12 Fortune Mart stores in Jaipur, Jodhpur, Lalitpur, Gandhinagar, Surat, Gandhidham, Jabalpur, Vidisha, Gwalior, Kharghar, Akola, and Haldia. These cover the states of Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Maharashtra and West Bengal. The company further aims to launch Fortune Mart stores in north and eastern parts of India in the coming quarter. "Fortune has become a household name and the most popular and preferred food brand in the country. The rollout of Fortune Mart stores aims to .

No word from Sebi on Adani Wilmar IPO being kept in abeyance: Adani Group

The Adani Group has said that it has not received any formal communication from the Securities & Exchange Board of India (SEBI) with respect to Adani Wilmar initial public offering (IPO) observations being kept in abeyance.

Sebi keeps Adani Wilmar's Rs 4,500-crore issue in abeyance

The company had filed preliminary papers with Sebi on August 3, to raise funds through an initial public offering (IPO)