Adani Enterprises Limited FPO
Adani Enterprises Limited FPO Review
This company was incorporated in 1988. Adani Enterprises Limited FPO “Follow-on Public Offer”. Adani Enterprises is a large Indian conglomerate with interests in various industries such as energy, agribusiness, and logistics. The company has been in the news recently for its proposed Carmichael coal mine project in Australia, The FPO was well-received by investors, with the shares being oversubscribed by more than 11 times.
The FPO was a success for the company and will help to support its growth and expansion plans.The proceeds from the FPO will be used to finance the company's ongoing and future projects, as well as for general corporate purposes.
Adani Enterprises Limited Products and Services
Adani Enterprises is a conglomerate with interests in various industries, including agribusiness, energy, logistics, and more. Some of their products include Agribusiness: Adani Wilmar is a joint venture between Adani and Wilmar International, one of the world's largest processors of edible oils, like ghee, and cooking oils. Energy: Adani Power is one of India's largest private power companies, with a total installed capacity of over 12 GW. They operate coal, gas, solar energy, and Mining: Adani Mining is a subsidiary of Adani Group, which is engaged in coal mining, logistics, and agribusinesses. Urban infrastructure: Adani Urban Infrastructure is a subsidiary of Adani Group, which is engaged in building smart cities, integrated townships, and other urban infrastructure projects.
It is important to conduct a thorough analysis of the company's financials, its management team, and the industry in which it operates before investing in an FPO. Investors can think to apply for this IPO. It is also important to consult with the financial advisor before making the investment.
Frequently Asked Question
Pre-issue shareholdings of Adani Enterprises Limited FPO promoters are 72.63%
Adani Enterprises Limited FPO shares will get listed at NSE and BSE.
Link Intime India Private Ltd is the registrar of Adani Enterprises Limited FPO.
Price of 1 share of Adani Enterprises Limited FPO is ₹3112 - ₹3276.
Face value of equity shares of Adani Enterprises Limited FPO is ₹1.
Market lot size of the Adani Enterprises Limited FPO is 4 shares.
Adani Enterprises Limited FPO will get listed on Feb 08, 2022.
Adani Enterprises Limited FPO will be closed on Jan 31, 2023.
You will receive the allotted shares in your Demat account on Feb 07, 2023.
You can apply for an IPO from any place by using internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Adani Enterprises Limited FPO by using any one of these method as per your convenience
Adani Enterprises Limited FPO is going to open on Jan 27, 2023.
If you do not get the allotment of Adani Enterprises shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.