Adani Wilmar IPO Deatils- 27th Jan, 2022

Adani Wilmar IPO Deatils- 27th Jan, 2022

Company Background

Adani Wilmar is one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar. The company products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.

Business Information

Adani Wilmar is a joint venture incorporated in January 1999 between the Adani Group, which is a multinational diversified business group with significant interests across transport and logistics, and energy and utility sectors, and the Wilmar Group, one of Asia’s leading agribusiness groups which was ranked among the largest listed companies by market capitalization on the Singapore Exchange as of February 2021. As a joint venture between the Adani Group and the Wilmar Group, they benefit from their strong parentage. The company benefits from the Adani Group’s in-depth understanding of local markets, extensive experience in domestic trading and advanced logistics network in India, and leverage on the Wilmar Group’s global sourcing capabilities and technical know-how.

Facts about the company
  • No. 1 edible oil brand in India / “Fortune”, our flagship brand, is the largest selling edible oil brand in India.
  • One of the fastest growing packaged food companies in India.
  • India’s largest importer of crude edible oil
  • Mundra is the one of the largest single location refineries in India with a designed capacity of approximately 5,000 tonnes per day.
  • Largest lauric fat manufacturer in India.
  • Largest manufacturer of castor oil in India and one of the largest basic oleochemical manufacturers in India
  • Largest exporter of castor oil and its derivatives and one of the largest exporters of oleochemicals in India.
 
Points to Note before investing in Adani Wilmar IPO
  • Pan-India distribution network supported by a robust distribution infrastructure.
  • Focus on environmental and social sustainability.
  • Professional management and experienced board.
  • Import restrictions from other countriesfor any reason
  • Inability to manage its diversified operations.
  • Any adverse effects of unfavourable local and global weather patterns.
 
What is GMP of Adani Wilmar IPO?

Adani Wilmar IPO GMP is ₹100-108 as of today
 

IPO Opening Date
27th January, 2022
IPO Closing Date
31st January, 2022
Issue Type
Book Built Issue IPO
Face Value
₹1 per equity share
IPO Price
[.] to [.] per equity share
Market Lot
-
Min Order Quantity
-
Listing At
BSE, NSE
 
Allotment, Listing and Refund Details

Basis of Allotment Date
-
Initiation of Refunds
-
Credit of Shares to Demat Account
-
IPO Listing Date
-
 
 
Know more-  www.5paisa.com/ipo
 
To apply from 5paisa Website- Apply IPO
 
To apply from 5paisa Mobile App- Apply IPO
 
We hope this information was helpful. For more details, you can post your queries below and we will be happy to share them with you.
 
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