Bookbuilding FPO | ₹200 Cr | Listing at BSE, NSE | Fri, Jan 27, 2023 - Tue, Jan 31, 2023
Adani Enterprises FPO is a book build issue of ₹200.00 crores. The issue is entirely a fresh issue of 0.06 crore shares of ₹200.00 crore.
Adani Enterprises FPO bidding started from Jan 27, 2023 and ended on Jan 31, 2023. The allotment for Adani Enterprises FPO was finalized on Feb 3, 2023. Adani Enterprises FPO will list on NSE and BSE with a tentative listing date fixed as Feb 8, 2023.
Adani Enterprises FPO is set issue price band at ₹3,112 to ₹3,276 per share. The lot size for an application is 4 shares. The minimum amount of investment required by an individual investor (retail) is ₹13,104 (4 shares) (based on upper price). The lot size investment for sNII is 16 lots (64 shares), amounting to ₹2,09,664, and for bNII, it is 77 lots (308 shares), amounting to ₹10,09,008.
ICICI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Adani Enterprises FPO RHP for detailed Information.
FPO Open
Fri, Jan 27, 2023
FPO Close
Tue, Jan 31, 2023
Price Band
₹3112 to ₹3276
Market Cap (Pre-IPO)
To be declared
| IPO Date | 27 to 31 Jan, 2023 |
| Listing Date | Wed, Feb 8, 2023T |
| Face Value | ₹1 per share |
| Price Band | ₹3112 to ₹3276 |
| Lot Size | 4 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE, NSE |
| Retail Discount | Rs 64.00 per share |
| Total Issue Size | 6,10,500 shares (agg. up to ₹200 Cr) |
| Fresh Issue | 6,10,500 shares (agg. up to ₹200 Cr) |
| Share Holding Pre Issue | 1,14,00,01,121 shares |
| Share Holding Post Issue | 1,14,06,11,621 shares |
Adani Enterprises FPO comprises a total issue size of 4,55,06,791 shares. Out of which, 1,28,21,336 are allocated to QIB, 96,16,323 (21.21%) allocated to NII 2,29,08,464 (50.52%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 1,28,21,336 | NA | |
| − QIB (Ex. Anchor) Shares Offered | 1,28,21,336 | NA | |
| NII (HNI) Shares Offered | 96,16,323 | 21.13% | NA |
| − bNII > ₹10L | 64,10,668 | 14.09% | 1,00,166 |
| − sNII < ₹10L | 32,05,655 | 7.04% | 50,088 |
| Retail Shares Offered | 2,29,08,464 | 50.34% | 57,27,116 |
| Total Shares Offered | 4,55,06,791 | 100.00% |
Investors can bid for a minimum of 4 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4 | ₹13,104 |
| Retail (Max) | 15 | 60 | ₹1,96,560 |
| S-HNI (Min) | 16 | 64 | ₹2,09,664 |
| S-HNI (Max) | 76 | 304 | ₹9,95,904 |
| B-HNI (Min) | 77 | 308 | ₹10,09,008 |
Incorporated in 1988, Adani Enterprises Limited is part of the Adani Group. They are among India's top business houses having an integrated energy and infrastructure platform in India The Group is an Indian Multinational company engaged in multiple business ventures.
With a long track record of successful execution of various large-scale projects, the company has emerged as a leader in different segments.
Over the decades of its operations, the Group has established unicorns like Adani Power, Adani Ports & SEZ, Adani Transmission, Adani Green Energy, and Adani Total Gas. The endeavors of the companies are highly driven toward making India a self-reliant country.
The businesses of Adani Group include-
The company not only emphasizes its efforts on offering the best quality products and services but also ensures to contribute towards a sustainable environment and offering back to society. The Adani Group had a market capitalization of ₹18,402 billion (approximately US$222 billion) as of December 31, 2022.
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|---|
| Assets | 1,23,091.28 | 1,01,760.19 | 82,324.68 | 51,642.86 | 46,898.36 |
| Total Income | 79,507.89 | 70,432.69 | 26,327.73 | 40,290.93 | 44,086.21 |
| Profit After Tax | 901.04 | 787.70 | 460.14 | 1,045.76 | 1,039.99 |
| NET Worth | 36,176.40 | 26,928.37 | 23,176.28 | 18,910.01 | 18,209.94 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 40,023.50 | 41,023.77 | 32,189.62 | 16,051.42 | 12,604.91 |
| Amount in ₹ Crore | |||||
The Adani Enterprises FPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | - | - | - | |
February 1, 2023
Adani Enterprises said in an exchange filing that it has canceled its Follow-On Public Offering (FPO) and will return money to its investors.
Lead Manager Reports
Adani Enterprises FPO is a main-board FPO of 6,10,500 equity shares of the face value of ₹1 aggregating up to ₹200 Crores. The issue is priced at ₹3112 to ₹3276. The minimum order quantity is 4.
The FPO opens on Fri, Jan 27, 2023, and closes on Tue, Jan 31, 2023.
MUFG Intime India Pvt.Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Adani Enterprises FPO using UPI as a payment gateway. Zerodha customers can apply in Adani Enterprises FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Adani Enterprises FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Adani Enterprises FPO opens on Fri, Jan 27, 2023 and closes on Tue, Jan 31, 2023.
Adani Enterprises FPO lot size is 4, and the minimum amount required for application is ₹13,104.
You can apply in Adani Enterprises FPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Adani Enterprises FPO will be done on Friday, February 3, 2023, and the allotted shares will be credited to your demat account by Tue, Feb 7, 2023. Check the Adani Enterprises FPO allotment status.
The Adani Enterprises FPO listing date is not yet announced. The tentative date of listing is Wed, Feb 8, 2023.
