November 28, 2022

  • Adani Wilmar is more likely to announce its share allotment standing right this moment.
  • FMCG firm Adani Wilmar’s – recognized for edible oil model Fortune IPO was subscribed 18.33 occasions.
  • The IPO can be listed on February 8 on exchanges.

The fast-paced client items (FMCG) firm Adani Wilmar’s – recognized for edible oil model Fortune, is more likely to announce the allotment standing of its preliminary public providing (IPO) right this moment, February 3.

The IPO was open for subscription from January 27 to January 31. The corporate obtained bids for 212.7 crore shares as towards 11.6 crore shares on supply.

Within the first two days of the subscription course of, the IPO obtained a tepid response from buyers because it was oversubscribed by 1.19 occasions. Nonetheless, on the final day, Supriya Lifescience IPO obtained nice demand from buyers as its IPO was subscribed for 18.33 occasions the variety of shares supplied.

Furthermore, the gray market premium of the corporate’s shares confirmed a premium of ₹40 from the upper finish of the value band.

Adani Wilmar is a three way partnership between Adani Group and Singapore-based Wilmar, which was fashioned in 1999. It sells cooking oils beneath the Fortune model in addition to varied different meals merchandise like rice and sugar.

Right here is tips on how to Adani Wilmar IPO allotment standing on inventory alternate web site:

  • Go to the BSE web site or NSE web site right here.
  • On BSE, Choose ‘Fairness’ after which from the dropdown, choose ‘Adani Wilmar’.
  • Now, enter your software quantity and PAN.
  • Click on on ‘Search’.
  • Please observe the main points will solely be out there as soon as the shares are allotted.

You may as well go to the registrar web site (Hyperlink Intime India) to test your software standing.

  • Go to the registrar’s web site right here.
  • Click on on ‘Choose firm’ and click on on ‘Adani Wilmar’.
  • As soon as the corporate is chosen, you’ll have to enter both your PAN element, the applying quantity, or the shopper ID.
  • Enter the captcha and click on ’submit’.

When you hit ‘submit’, the standing of your software will seem on the display. Please guarantee the main points that you simply present are appropriate. It would present the variety of shares you subscribed to and the variety of shares allotted to you.

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