Adani Wilmar IPO Date, Review, Price, Form & Market Lot Details

Adani Wilmar IPO to hit the market on January 27 and will close on January 31, 2022. Adani Wilmar IPO will be the 7th Adani Group company to list in India. The company to raise ₹3600 crores via OFS. The retail quota is 35%, QIB 50% and NII is 15%. The Employees Reservation is around ₹107 Crores & Shareholders Reservation (Adani Enterprise) is around ₹360 Crores.

 

Adani Wilmar is an FMCG food company a group company of Adani Enterprise, offering essential kitchen commodities for Indian consumers. The company to raise ₹3600 crores via IPO. Adani Wilmar is the 50-50 joint venture of the Adani Enterprises and Wilmar Group. They are the owner of the Fortune brand of edible oils. The company joint ventured in 1999 based in Ahmedabad, Gujarat. Adani Wilmar is one of the largest FMCG food companies in India. They offer essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. Our products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups. The company launched their value-added functional edible oil products like rice bran health oil, fortified foods, ready-to-cook soya chunks, and khichdi and FMCG products such as soaps, handwash, and sanitizers. The company has over 20 plants located in 10 states in India. They have 10 crushing units and 18 refineries. They have one of the largest single-location refineries in Mundra. As of March 31, 2021, Adani Wilmar had 5,566 distributors located in 28 states and eight union territories throughout India, catering to over 1.6 million retail outlets (Source: Technopak Report).Check out Adani Wilmar IPO details.

 

Share Holders Quota Eligibility:

• Those who are holding 1 or more shares of Adani Enterprises as of the RHP Filing Date will be considered Eligible Shareholders to apply in Share Holders Quota.

Important Details:

• The company reported 58% YOY growth in PAT in 2021. The PAT stood at ₹727.65 crores in 2021 against ₹460.87 crores in 2020. The revenues also increased by 25% YOY.
• 7th Adani Group company to list in India.
• One of the largest FMCG Companies in India.
• Flagship brand Fortune Oil – No. 1 edible oil brand in India.
• Fortune oil has 20% of the market share in India.
• They have more than 40 units with a refining capacity of over 16000 tonnes per day.
• One of the fastest-growing packaged food companies in India.
• India’s largest importer of crude edible oil.
• Largest lauric fat manufacturer in India.
• The largest manufacturer of castor oil in India and one of the largest basic oleochemical manufacturers in India
• The largest exporter of castor oil and its derivatives and one of the largest exporters of oleochemicals in India.
• Adani Wilmar Valuation: Market Cap around 29000 Crores, EPS (FY21) Rs 6.37, PE Ratio 36.10x & Industry PE 66.31x

In This Article

The Adani Wilmar IPO minimum market lot is 65 shares with ₹14,950 application amount. The retail investors can apply up-to 13 lots, 845 shares with ₹194,350 application amount.

The Adani Wilmar IPO date is 27 January 2022 and the IPO close date is 31 January 2022. The allotment date is 03 February 2022 and the IPO may list on 08 February 2022.

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

 

About Adani Wilmar

We are one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar. Our products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.

We are a joint venture incorporated in January 1999 between the Adani Group, which is a multinational diversified business group with significant interests across transport and logistics, and energy and utility sectors, and the Wilmar Group, one of Asia’s leading agribusiness groups which was ranked among the largest listed companies by market capitalization on the Singapore Exchange as of February 2021. As a joint venture between the Adani Group and the Wilmar Group, we benefit from our strong parentage. We benefit from the Adani Group’s in-depth understanding of local markets, extensive experience in domestic trading and advanced logistics network in India, and leverage on the Wilmar Group’s global sourcing capabilities and technical know-how.

Note: Check Adani Wilmar IPO allotment status on Linkintime website allotment URL. Click Here