Adani Wilmar IPO (Initial Public Offering) will open for subscription on 27 Jan 2022 which is Thursday. Adani Wilmar IPO will close for subscription on 31 Jan 2021 which is Monday. The GMP is showing high over the IPO price and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.3600 crore via IPO.
Adani Wilmar is a joint venture of Adani Group and the Wilmar Group, Adani Wilmar is an FMCG food company offering most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. The company also offers a diverse range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company's products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups. The company's product portfolio is categorized into (i) edible oil, (ii) packaged food and FMCG, and (iii) industry essentials. The price band of the IPO is ₹218 to ₹230. The Adani Wilmar IPO to list on NSE and BSE. Check out Adani Wilmar grey market premium, Kostak rates, and subject to sauda rates as of today.
Adani Wilmar IPO Subscription Numbers(Day 2)
Adani Wilmar IPO subscribed 0.66 times. The public issue subscribed 1.14 times in the retail category, 0.30 times in QIB, and 0.59 times in the NII category by Jan 28, 2022.
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.30 | 0.30 | x |
| NII | 0.54 | 0.59 | x |
| RII | 0.96 | 1.14 | x |
| EMP | 0.05 | 0.07 | x |
| OTH | 0.10 | 0.12 | x |
| Total | 0.57 | 0.66 | x |
Adani Wilmar IPO Date & Price Band:
| IPO Opening Date | Jan 27, 2022 |
| IPO Closing Date | Jan 31, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 per equity share |
| IPO Price | ₹218 to ₹230 per equity share |
| Market Lot | 65 Shares |
| Min Order Quantity | 65 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹1 (aggregating up to ₹3,600.00 Cr) |
| Employee Discount | 21 |
| QIB Shares Offered | Not more than 50% of the net issue |
| Retail Shares Offered | Not less than 35% of the net issue |
| NII (HNI) Shares Offered | Not less than 15% of the net issue |
Adani Wilmar IPO Tentative Timetable
The Adani Wilmar IPO open date is Jan 27, 2022, and the close date is Jan 31, 2022. The issue may list on Feb 8, 2022.
| IPO Open Date | Jan 27, 2022 |
| IPO Close Date | Jan 31, 2022 |
| Basis of Allotment Date | Feb 3, 2022 |
| Initiation of Refunds | Feb 4, 2022 |
| Credit of Shares to Demat Account | Feb 7, 2022 |
| IPO Listing Date | Feb 8, 2022 |
Adani Wilmar IPO Market Lot:
The Adani Wilmar IPO market lot size is 65 shares. A retail-individual investor can apply for up to 13 lots (845 shares or ₹194,350).
| Minimum Lot Size: | Minimum 65 Shares |
| Minimum Amount: | ₹14,950 |
| Maximum Lot Size: | Maximum 845 Shares |
| Maximum Amount: | ₹194,350 |
Adani Wilmar IPO Subscription FAQs:
When Adani Wilmar IPO Subscription will start?
The Adani Wilmar IPO subscription starts on 27 Jan 2022 for QIB, NII, and Retail Investors.
How much is Adani Wilmar IPO subscribed?
The Adani Wilmar IPO subscribed 0.66 times on day 2.
What is the Adani Wilmar IPO retail subscription status?
The Adani Wilmar retail subscription is 1.14 on day 1.
How to subscribe to Adani Wilmar IPO?
You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Adani Wilmar IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.
