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 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.
The Company proposes to utilize the Net Proceeds towards funding of the following objects:
| FPO Opening Date | Jan 27, 2023 |
|---|---|
| FPO Closing Date | Jan 31, 2023 |
| Issue Type | Book Built Issue FPO |
| Face Value | ₹1 Equity Share |
| FPO Price | ₹3112 to ₹3276 per share |
| Market Lot | 4 Shares |
| Min Order Quantity | 4 Shares |
| Listing At | BSE, NSE |
| Issue Size | 64,738,475 shares of ₹1 (aggregating up to ₹20,000.00 Cr) |
| Fresh Issue | 64,738,475 shares of ₹1 (aggregating up to ₹20,000.00 Cr) |
| Retail Discount | Rs. 64 per share |
| Listing At | BSE, NSE |
| QIB Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 15% of the Net Offer |
| Retail Shares Offered | 35% of the Net Offer |
| Basis of Allotment Date | Feb 3, 2023 |
|---|---|
| Initiation of Refunds | Feb 6, 2023 |
| Credit of Shares to Demat Account | Feb 7, 2023 |
| FPO Listing Date | Feb 8, 2023 |
Adani Enterprises FPO is a main-board FPO of 64,738,475 equity shares of the face value of ₹1 aggregating up to ₹20,000.00 Crores. The issue is priced at ₹3112 to ₹3276 per share. The minimum order quantity is 4 Shares.
The FPO opens on Jan 27, 2023, and closes on Jan 31, 2023.
Link Intime India Private Ltd is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.
The Adani Enterprises FPO opens on Jan 27, 2023 and closes on Jan 31, 2023.
Adani Enterprises FPO lot size is 4 Shares and the minimum order quantity is 4 Shares.
You can apply in Adani Enterprises FPO online using either UPI or ASBA as payment method. ASBA FPO application is available in the net banking of your bank account. UPI FPO application is offered by brokers who don't offer banking services.
The finalization of Basis of Allotment for Adani Enterprises FPO will be done on Feb 3, 2023, and the allotted shares will be credited to your demat account by Feb 7, 2023.
Check the FPO allotment status.
The Adani Enterprises FPO listing date is Feb 8, 2023.
To Bid online, you need
Demat Account and Pan card.
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select the Adani Enterprises FPO
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