Adani Enterprises FPO Details GMP, Price, Date, Allotment

Adani Enterprises FPO Details: Adani Enterprises Limited is an Indian multinational publicly listed holding company and a part of Adani Group.

It is headquartered in Ahmedabad and primarily involved in mining and trading of coal and iron ore.

Adani Enterprises Limited (AEL) is the flagship company of the Adani Group, one of India’s largest business organisations. Over the years, Adani Enterprises has focused on building stellar infrastructural assets contributing to nation-building.

Adani Enterprises FPO Details

Having successfully built unicorns like Adani Transmission, Adani Power, Adani Ports & SEZ, Adani Green Energy and Adani Total Gas, the company has contributed significantly to make the country self-reliant.

Adani Enterprises FPO Details

The next-generation of its strategic business investments are centered on the fields of airport management, roads, data center and water infrastructure. Following these principles has led to very strong returns to our shareholders. A one-rupee investment in Adani Enterprises, which was the group’s first IPO in 1994, has returned over 800x.

You should Apply or Skip:

The Rs 20,000 crore FPO, which will open on January 27-31.

FPO has a price band of Rs 3,112 to Rs 3,276 apiece .

Retail investors would get a discount of Rs 64 per equity share on the price band.

You can bid for a minimum lot of 4 shares and in multiples of four thereafter.

While bidding, investors would have to pay 50% of the offer price and the rest later on in one or more tranches.

“Girish Sodani, Head of Equity Market at Swastika Investmart , said the FPO is a good opportunity to buy stocks at a discounted valuation since the stock has done remarkably well in the past and the company is entering into new businesses and expanding them at a rapid pace.”

“Stoxbox’s Manish Chowdhury is, however, skeptical. He said investors with a low-to-moderate risk appetite should look for better opportunities in the market. “With the stock having run up a lot in the last one year, we feel that the risk-reward and valuations are not very attractive at this point in time (trading upwards of 300x P/E),” he said.”

Adani Group Business List

Adani Enterprises FPO Details

The businesses of Adani Group include-

  1. Mining Services
  2. Edible Oil & Foods
  3. Water
  4. Data Center
  5. Integrated Resource Management
  6. Agro
  7. Solar Manufacturing
  8. Defence & Aerospace
  9. Airports
  10. Roads, Metro & Rail

Adani Enterprises FPO Date & Price Band Details

IPO Open: January 27, 2023
IPO Close: January 31, 2023
IPO Size: Approx ₹20,000 Crores
Face Value: ₹1 Per Equity Share
IPO Price Band: ₹3112 to ₹3276 Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
 Discount: ₹64 Per Equity Share
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here

Important Dates of Adani FPO

Opening Date Jan 27, 2023
Closing Date Jan 31, 2023
Basis of Allotment Feb 3, 2023
Initiation of Refunds Feb 6, 2023
Credit of Shares to Demat Feb 7, 2023
Listing Date Feb 8, 2023

Company Finance

FY 2020 FY 2021 FY 2022 H1 FY 2023
Revenue 43,402.56 39,537.13 69,420.18 79,019.48
Expenses 43,162.63 38,946.07 69,480.64 78,205.21
Net income 1,138.17 922.64 776.56 930.40
Margin (%) 2.62 2.33 1.12 1.18

                                                                               (In Crores)

Adani Enterprises FPO Lot Size

The Adani Enterprises FPO lot size is 4 shares. A retail-individual investor can apply for up to 15 lots (60 shares or ₹196,560).

Application Lots Shares Amount
Retail (Min) 1 4 ₹13,104
Retail (Max) 15 60 ₹196,560
S-HNI (Min) 16 64 ₹209,664
B-HNI (Min) 77 308 ₹1,009,008

Adani Enterprises FPO Review in Detail

Motilal Oswal✅ :

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IPOTraders :

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Gaurav.goyal :

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Subscribe for Long Term at Upper Price Band


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Company Contact Information

Adani Enterprises Limited
Shantigram, Near Vaishnodevi Circle,
S G Highway,
Phone: +91-79-26565555

Board Of Directors

 Adani FPO Registrar Details

Link Intime India Private Ltd

Adani Enterprises FPO Details

Phone: +91-22-4918 6270

Adani Enterprises FPO Lead Manager(s)

  1. ICICI Securities Limited
  2. Jefferies India Private Limited
  3. SBI Capital Markets Limited
  4. Axis Capital Limited
  5. BOB Capital Markets Limited
  6. IDBI Capital Market Services Limited
  7. JM Financial Limited
  8. IIFL Securities Ltd
  9. Monarch Networth Capital Ltd
  10. Elara Capital (India) Private

Allotment Status

Adani Enterprises FPO allotment will be available on Link Intime’s website.

Click on this link to to get allotment status



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