Adani Enterprises FPO Date, Review, Price, Allotment, Analysis

Adani Enterprises FPO Details: Adani Enterprises FPO date is fixed, the FPO is to hit the market on January 27 and to close on January 31, 2023. Adani Enterprises FPO to raise around ₹20,000 crores via IPO. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Adani Enterprises Limited was incorporated in 1993 and is headquartered in Ahmedabad, Gujarat. Adani Enterprises Limited (AEL) is the flagship company of the Adani Group, one of India’s largest business organisations. They are engaged in multiple businesses.

Adani Enterprise is a multinational company primarily involved in the mining and trading of coal and iron ore. They have subsidiaries that handle business interests in airport operations, edible oils, road, rail, and water infrastructure, data centers, and solar manufacturing, among others. The Adani Group owns Adani Power, Adani Ports & SEZ, Adani Transmission, Adani Green Energy, and Adani Total Gas.

Adani Enterprises FPO Canceled by Adani Group

Adani in News

• Hindenburg report ‘calculated attacattack’ on India, claims Adani – Times of India
• Adani bets on big funds for Rs 20k cr FPO – Times of India
• Adani Group stocks tumble for second day in Hindenburg report aftermath – Business Standard

Important Details

• One of the Largest Group of Companies in India.
• Operates in multiple businesses in India.
• Adani Enterprises Limited (AEL) is the flagship company of the Adani Group.

Adani Enterprises FPO Review (Apply or Not)

• Apply

Brokerage Firm IPO Review

• Ashika Research: Apply
• Axis Securities: Not Rated
• Dilip Davda: Apply
• HDFC Securities: Not Rated
• Nirmal Bang: Neutral
• Sushil Finance Ltd: Neutral
• Ventura Securities: Apply

Adani Enterprises FPO Date & Price Band Details

Adani Enterprises FPO Market Lot

The Adani Enterprises FPO minimum market lot is 4 shares with ₹13104 application amount. The retail investors can apply up-to 15 lots with 60 shares or ₹196560 amount.

Adani Enterprises FPO Allotment & Listing Dates

The Adani Enterprises FPO date is January 27 and the close date is January 31. The Adani Enterprises FPO allotment will be finalized on February 3 and the IPO listing on February 8.

You can check IPO subscription status and IPO allotment status on their respective pages.

Adani Enterprises FPO Form

How to apply for the Adani Enterprises FPO? You can apply for Adani Enterprises FPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Adani Enterprises FPO in the Invest section. The other option is you can apply for Adani Enterprises FPO via IPO forms downloaded via NSE and BSE. Check out the Adani Enterprises forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Adani Enterprises Company Financial Report

Adani Enterprises FPO Valuation – FY2022

Check Adani Enterprises FPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• Gautam S. Adani
• Rajesh S. Adani

Adani Enterprises FPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Adani Enterprises FPO Allotment Status Check

Check Adani Enterprises FPO allotment status on Linkintime website allotment URL. Click Here

Adani Enterprises FPO Lead Managers

• ICICI Securities Limited
• Jefferies India Private Limited
• SBI Capital Markets Limited
• Axis Capital Limited
• BOB Capital Markets Limited
• IDBI Capital Market Services Limited
• JM Financial Limited
• IIFL Securities Ltd
• Monarch Networth Capital Ltd
• Elara Capital (India) Private

Company Address

Adani Enterprises Limited
Shantigram, Near Vaishnodevi Circle,
S G Highway,
Ahmedabad-382421
Phone: +91-79-26565555
Website: https://www.adanienterprises.com/

Adani Enterprises FPO FAQs