Adani Wilmar IPO Deep Analysis Explain & Review 2022

Adani Wilmar IPO 2022

Adani Wilmar IPO  Details

Adani Wilmar IPO is returning to the market after a gap of 12 years. The last IPO from the Adani group was in July 2009, when each share sold for a price of Rs.100, mobilizing Rs. 3016.92 cr.

This IPO becomes the 7th Adani Group company to be listed in India. The company is aiming to raise Rs. 3600 crores via OFS. The retail quota is set at 35%, QIB 50%, and NII 15%.

India is a very large importer of edible oil. We single-handedly import 46% of the total export of crude palm oil all over the world.

Adani Wilmar Group is one of the largest FMCG food companies in India that offers most of the essential kitchen items to Indian households

Adani Wilmar is a joint venture established by Gautam Adani Group and Singapore's Wilmar Group.

Adani Wilmar will open its IPO for subscription from 27th January and will close on 31st January 2022.