Adani Wilmar Limited IPO Closed

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IPO date 27 Jan 2022 – 31 Jan 2022
Listing date 08 Feb 2022
Price range 218 – 230
Minimum order quantity 65
(D)RHP View

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Adani Wilmar, a joint venture between Adani Group and Wilmar Group is amongst the top 10 FMCG food companies in India. It offers most of the essential kitchen commodities across categories. The company’s product portfolio spans over three categories: (1) Edible Oil, (2) Packaged Food & FMCG, and (3) Industry Essentials.

It owns and operates the Fortune brand, which is the largest selling edible oil brand in India with a market share of 18.3%. The company has the largest distribution network among all the branded edible oil companies in India, with a network of 5,566 distributors located in 28 states and eight union territories throughout India, catering to over 1.6 million retail outlets.

Adani Wilmar is a joint venture between Adani Group, which is a multinational diversified business group with significant interests across transport and logistics, and energy and utility sectors, and Singapore based Wilmar Group, one of Asia’s leading agribusiness groups.

The public offer of Adani Wilmar comprises a fresh issue of equity shares aggregating up to Rs. 3,600 crores.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 28,919.68 375.52 3.29
March 2020 29,766.99 460.87 4.03
March 2021 37,195.66 727.65 6.37
Period ended September 30, 2021 24,957.29 357.13 3.12

Shareholders Quota

Adani Wilmar has reserved a 10% portion of the issue for shareholders of Adani Enterprises Ltd. You will be eligible to apply in the shareholders’ category if you hold shares of Adani Enterprises Ltd. as of the date of filing RHP (19th January 2022). A shareholder of a different Adani group company, like Adani Ports, etc., will not be eligible. You can check out the process for applying under the shareholders’ category here.

IPO Schedule

Issue Period 27th January 2022 to 31st January 2022
Finalization of Allotment 3rd February 2022
Initiation of Refunds 4th February 2022
Credit of Shares 7th February 2022
Date of Listing 8th February 2022
Mandate end date 15th February 2022
Anchor Investors Lock-in End Date 2nd March 2022

How do I apply to the Adani Wilmar IPO?

You can apply for the Adani Wilmar IPO using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Adani Wilmar IPO?

You can check the allotment status for the Adani Wilmar IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.