Scribd Logo
Upload

Welcome to Scribd!

  • 35 views

    Adani Enterprises Limited FPO Product Note

    Uploaded by

    pramod Dudhane
    Adani Enterprises Limited is part of the Adani Group, one of India's largest business conglomerates operating in various industries. Over the past decades, the Group has established several companies in key sectors like energy, infrastructure, and transportation. Adani Enterprises Limited is seeking to raise up to Rs. 20,000 crore through an initial public offering of equity shares set to open on January 27, 2023 and close on January 31, 2023. The issue aims to finance the company's future growth plans.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Adani Enterprises Limited FPO Product Note

    Uploaded by

    pramod Dudhane
    35 views2 pages
    Adani Enterprises Limited is part of the Adani Group, one of India's largest business conglomerates operating in various industries. Over the past decades, the Group has established several companies in key sectors like energy, infrastructure, and transportation. Adani Enterprises Limited is seeking to raise up to Rs. 20,000 crore through an initial public offering of equity shares set to open on January 27, 2023 and close on January 31, 2023. The issue aims to finance the company's future growth plans.

    Original Description:

    Fpo

    Original Title

    Adani_Enterprises_Limited_FPO_Product_Note

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Adani Enterprises Limited is part of the Adani Group, one of India's largest business conglomerates operating in various industries. Over the past decades, the Group has established several companies in key sectors like energy, infrastructure, and transportation. Adani Enterprises Limited is seeking to raise up to Rs. 20,000 crore through an initial public offering of equity shares set to open on January 27, 2023 and close on January 31, 2023. The issue aims to finance the company's future growth plans.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    35 views2 pages

    Adani Enterprises Limited FPO Product Note

    Uploaded by

    pramod Dudhane
    Adani Enterprises Limited is part of the Adani Group, one of India's largest business conglomerates operating in various industries. Over the past decades, the Group has established several companies in key sectors like energy, infrastructure, and transportation. Adani Enterprises Limited is seeking to raise up to Rs. 20,000 crore through an initial public offering of equity shares set to open on January 27, 2023 and close on January 31, 2023. The issue aims to finance the company's future growth plans.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Company Background

    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 endeavours of the
    companies are highly driven toward making India a self-reliant country.

    Adani Enterprises Limited FPO

    FPO Opens On: Friday, 27th January ,2023'


    FPO Closes On: Tuesday, 31st January ,2023'
    Offer Period
    *The Anchor investor Bidding Date shall be Wednesday, 25th
    January, 2023
    Fresh Issue of Equity Shares aggregating upto ₹ 20,000 Equity
    Issue Details
    Shares

    Issue Size - Net ₹ 20,000 Cr


    Price Bond ₹ 3,112 - 3,276
    Bid Lot 4 Shares and in multiples thereof
    Payment schedule At Floot Price At Cap Price
    On Application ₹ 1,556.00 ₹ 1,638.00
    One or More Subsequent Call(s) ₹ 1,556.00 ₹ 1,638.00
    Total ₹ 3,112.00 ₹ 3,276.00
    Constitute 50% of the Floor/Cap price
    Retail NII-Bid between ₹ 2 to NII-Bid Above ₹ 10
    Bid Payment Terms Category 10 Lakhs Lakhs
    Minimum Bid Qty. (No.of
    shares ) 4 Shares 64 Shares 308 Shares
    Price (@ Upper End ) (₹) ₹ 3,276 ₹ 3,276 ₹ 3,276
    Price on Application (50%) ₹ 1,638 ₹ 1,638 ₹ 1,638
    Ratail Discount (₹) ₹ 64 Nil Nil
    Net bidding Price ₹ 1,574 ₹ 1,638 ₹ 1,638
    Bid Amount (₹) ₹ 6,296 ₹ 1,04,832 ₹ 5,04,504
    Employee Reservation Equity Shares aggregating upto ₹ 50 Cr
    Discount for Ratail (₹) ₹ 64/- Per shares
    OIB 50% of the Net Offer (Approx ₹ 9,975 Cr )
    NIB 15% of the Net Offer (Approx ₹ 2,992.50 Cr )
    NII-Bid between ₹ 2 to 10
    Lakhs (Approx ₹ 997.50 Cr )
    NII-Bid Above ₹ 10 Lakhs (Approx ₹ 1,995.00 Cr )
    Ratail 35% of the Net Offer (Approx ₹ 6,982.50 Cr )
    ~ Lower price band and ^ Upper Price Band
    BBLM Axis Capital
    Registrar Link Intime India Pvt. Ltd.
    Listing BSE and NSE
    Finalisation of Basis of Allotment - On or About 03 -02-2023
    Initiation of refunds/Unblocking of Fund - On or About 06-02-
    2023
    Indicative Post Issue
    Credit of Equity Shares to Demat a/c of Allottees - On or about
    Timeline
    07-02-2023
    Listing of the Equity shares on the Stock Exchanges - On or
    about 08-02-2023
    Note : Application made using third party UPI or ASBA Bank A/c are liable to be rejected.
    “The UPI Mandate acceptance time for Retail and NII Bidders (bids up to ₹ 5,00,000) shall
    expire at 5:00 PM on the closing day of the IPO i.e, January 31, 2023''
    For additional information & risk factors please refer to the Red Herring Prospectus

    You might also like