ADANI ENTERPRISE LIMITED FPO
₹ 1638 - ₹ 1638
27-Jan-2023 - 31-Jan-2023
₹ 6296.00

/ 4 Shares

ADANI ENTERPRISE LIMITED FPO

27-Jan-2023 - 31-Jan-2023

₹ 1638 - ₹ 1638

Price Band

₹ 6296.00

Minimum Investment

4

Bid Lot

61,322,125

Shares

  • Face Value - ₹ 1/- Per Share

  • Listing at NSE BSE

  • 5,434,698 Application Required in Retail for 1 Time.

  • Registrar : Link Intime India Private Ltd

IPO Details

Further Public Issue of Equity shares aggregating upto Rs. 20, 000 Cr

Category % Shares/Amount
QIB 50% 30,448,412 Shares Rs. 9974.90 Cr
HNI 1 5% 3,045,177 Shares Rs. 997.60 Cr @ 47576 Forms 1x
HNI 2 10% 6,089,744 Shares Rs. 1995 Cr @ 95152 Form 1x
Retail 35% 21,738,792 Shares Rs. 6982.50 Cr @ 5328526 Form 1x
Employee 0% 152,625 Shares Rs. 50 Cr

BRLMs: Axis Capital Ltd,ICICI Securities Ltd.,IIFL Securities Ltd

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
5328526 Form 1x 47576 95152 Form 1x

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 4 ₹ 6,296
Retail (Upto 2 Lakh) 31 124 ₹ 195,176
S-HNI (2 Lakh to 10 Lakh) 32 128 ₹ 201,472
S-HNI (2 Lakh to 10 Lakh) 158 632 ₹ 994,768
B-HNI (Above 10 Lakh) 159 636 ₹ 1,001,064

IPO Timeline

  • Open Date

    27-Jan-2023

  • Close Date

    31-Jan-2023

  • Basis of Allotment Date

    03-Feb-2023

  • Initiation of Refunds

    06-Feb-2023

  • Credit Shares to Demat A/c

    07-Feb-2023

  • IPO Listing Date

    08-Feb-2023

Subscription as on
01-Feb-2023 07:55

Category Book Size Subscription No. of Times
QIB 12,179,365 ₹ 1994.98 Cr. 12,442,576 ₹ 2038.09 Cr. 1.02x
HNI (<10 LAKH) 3,045,177 ₹ 498.80 Cr. 28,660 ₹ 4.69 Cr. 0.01x
HNI2 (>10 LAKH) 6,089,744 ₹ 997.50 Cr. 16,044,140 ₹ 2628.03 Cr. 2.63x
RETAIL 21,738,792 ₹ 3560.81 Cr. 1,303,004 ₹ 213.43 Cr. 0.06x
Total 43,053,078 29,818,380 0.69x
Category Book Size Subscription No. of Times
QIB 12,179,365 ₹ 1994.98 Cr. 12,442,576 ₹ 2038.09 Cr. 1.02x
HNI (<10 LAKH) 3,045,177 ₹ 498.80 Cr. 28,660 ₹ 4.69 Cr. 0.01x
HNI2 (>10 LAKH) 6,089,744 ₹ 997.50 Cr. 16,044,140 ₹ 2628.03 Cr. 2.63x
RETAIL 21,738,792 ₹ 3560.81 Cr. 1,303,004 ₹ 213.43 Cr. 0.06x
Total 43,053,078 29,818,380 0.69x

*Excluding Anchor

Total No. of Application Approx : ~56540 (0.01 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • Incorporated on March 2, 1993, Adani Enterprises Ltd (AEL) the member of Adani Group, is among India’s top business houses. They are one of India’s largest listed business incubators in terms of market capitalisation and are driven by the philosophy of incubating businesses in 4 core sectors - Energy and Utility, Transportation and Logistics, Consumer, and Primary Industry. 
  •  Energy and Utility: AEL is setting up a Green Hydrogen Ecosystem. They develop data centres with an aim to retain and drive India’s internet-derived data in India and are developing infrastructure projects that enhance water treatment and use efficiency. 
  • Transport and Logistics -They currently develop, operate and manage 7 operational airports across the cities of Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram, and 1 greenfield airport in Navi Mumbai. 
  • ConsuConsumer - AEL manufactures, market and brand food FMCG products. 
  • Primary industry- AEL offers mining services which involves contract mining, development, production related services, and other mining services to mining customers. They offer integrated resource management services of coal. They have also recently acquired commercial mines to conduct commercial mining activities. 
  • Under industrials, they intend to manufacture petrochemicals, copper and similar metals, and manufacture strategic military and defence products that enhance India’s self-reliance.  
  • AEL has emerged as an incubator by investing, maturing and eventually demerging various diversified businesses. Since inception, they have incubated 6 decacorn businesses and successfully listed them, including by way of demergers, as Adani Ports and Special Economic Zone Ltd, Adani Power Ltd, Adani Transmission Ltd, Adani Green Energy Ltd, Adani Total Gas Ltd and Adani Wilmar Ltd. As of December 31, 2022, the Adani group had a market capitalisation of ?18,402 billion. 
Read More

Strengths

  • Focus on incubating and expanding the green hydrogen ecosystem to support a low carbon future;
  • Development of the airports business with focus on consumers;
  • Drive growth in non-aeronautical services revenues and commercial property development at the airports;
  • Continue to grow the Data Centre business;
  • Expand and diversify the roads business;
  • Build a seamless digital ecosystem;
  • Pursue strategic alliances and partnerships;
  • Focus on incubating and expanding the petrochemicals and copper businesses;
  • Continued focus of ESG. 

Company Promoters

Gautam S. Adani is one of the Promoters and the Executive Chairman of the company. Rajesh S. Adani is one of the Promoters, the Managing Director and CEO of the company. Pranav V. Adani is an Executive Director of the company. Vinay Prakash in an Executive Director of the company. Hemant Nerukar is an Independent Director of the company. V. Subramanian is an Independent Director of the company. Vijaylaxmi Joshi is an Independent Director of the company. Narendra Mairpady is an Independen

Company Financials

Adani Enterprises Limited Financial Information (Consolidated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing
31-Mar-20 4689.84 4408.62 104 1820.99 1260.49
31-Mar-21 51642.86 40290.93 1045.76 1891 16051.42
30-Sep-21 8232.47 2632.77 46.01 2317.63 3218.96
31-Mar-22 101760.19 70432.69 787.7 2692.84 41023.77
30-Sep-22 12309.13 7950.79 90.1 3617.64 4002.35
Amount in ? Crore

Objects of the Issue

  1. Funding capital expenditure requirements of some of the Subsidiaries in relation to (a) certain projects of the green hydrogen ecosystem; improvement works of certain existing airport facilities; and construction of greenfield expressway;
  2. Repayment, in full or part, of certain borrowings of our Company and three of our Subsidiaries, namely, Adani Airport Holding Limited, Adani Road Transport Limited, and Mundra Solar Limited; and
  3. General corporate purposes.

How to Apply

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  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
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  • Enter the number of shares you wish to buy, as per the lot size.
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  • Maximum three bids will be accepted.
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  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
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