Adani Wilmar’s share allotment course of following its share sale through preliminary public providing opened on Friday, February 4. Adani Wilmar’s shares had been in very excessive demand in the course of the three-day share sale which ended on January 31. Adani Wilmar challenge was subscribed 17.37 occasions on the final day of subscription, knowledge from inventory exchanges confirmed. Adani Wilmar bought shares within the worth band of Rs 218-230 per share and was in very excessive demand among the many non-institutional buyers which embody excessive web value people. The portion reserved for them was subscribed over 50 occasions.
Retail buyers additionally participated in giant numbers within the IPO as portion put aside for them was subscribed 33 occasions and portion put aside for certified institutional consumers was subscribed 5.73 occasions.
Adani Wilmar raised Rs 3,600 crore by the IPO. A retail investor was allowed to bid for minimal one lot of 65 shares upto most of 13 tons. On the higher worth band, one lot of Adani Wilmar shares value Rs 14,950.
Adani Wilmar IPO: Right here is how one can test share allotment on BSE web site:
- Log into bseindia.com/buyers/appli_check.aspx
- Choose Adani Wilmar from the problem title drop down menu
- Enter the Adani Wilmar IPO utility quantity;
- Enter PAN card particulars
- Click on on ‘I am not a robotic’
- Click on on the ‘Submit’ button
Adani Wilmar IPO: Right here is how one can chek share allotment on Hyperlink Intime
- Log in to https://linkintime.co.in/MIPO/Ipoallotment.html
- Choose Adani Wilmar IPO
- Enter PAN particulars
- Click on on ‘Search’ button
The Ahmedabad-based Adani Wilmar, is a three way partnership between Adani Group and the Wilmar Group. The corporate is an FMCG firm engaged in manufacturing edible oil, wheat flour, rice, pulses, and sugar.
The corporate markets in style edible oil model Fotune, which is the nation’s largest promoting edible oil model. Not too long ago the corporate has centered on value-added merchandise and has launched merchandise equivalent to edible oil merchandise, rice bran well being oil, fortified meals, ready-to-cook soya chunks, khichdi, and many others in keeping with this. The corporate has sturdy uncooked materials sourcing capabilities and was India’s largest importer of crude edible oil as of March 31, 2021.