October 3, 2022

Via the IPO, Adani Wilmar is elevating Rs 3,600 crore in recent capital


Adani  | Adani Wilmar | IPOs

Adani Wilmar GMP at 40%

Shares of Adani Wilmar are altering arms at a premium of practically 40 per cent forward of its IPO. Market gamers mentioned shares of the corporate, that owns Fortune model edible oil, modified arms at a premium ranging between Rs 80 and Rs 90 final week. The Adani group agency has set the worth band for the IPO at Rs 218-230 per share. On the top-end, the corporate could have a market cap of practically Rs 30,000 crore. Via the IPO, Adani Wilmar is elevating Rs 3,600 crore in recent capital. “The gray market premium is wholesome regardless of the selloff available in the market. Most Adani group shares have generated phenomenal returns. Because of this, traders might be enthused by this IPO,” mentioned an analyst.



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First Revealed: Solar, January 23 2022. 23:14 IST

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