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Adani Enterprises Ltd FPO Details, Upcoming FPO

Adani Enterprises Ltd FPO Details, Upcoming FPO

Author: Libord Brokerage Pvt. Ltd Posted on 20 Jan 2023 11:01:27Comments0

Category : ipo news

Adani Enterprises Ltd FPO Details:

Adani Enterprises Ltd. has announced public offering of 61050061 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 3,275.00 per share. The gross proceeds of the issue are expected to be Rs 20,00,000.00 lakhs.

The company's initial public offer will open on 27 January 2023 and is expected to close on 31 January 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 3,112.00-3,276.00 per share.

The IPO includes a fresh Issue of 61050061 Equity Shares of the Company at an price of Rs 3,276.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 4 shares with bids in multiples of 4.

Adani Enterprises Ltd. anticipates using the proceeds of the issue for .

ICICI SECURITIES LTD, Jefferies India Pvt. Ltd., JM Financial Ltd., SBI Capital Markets Limited, IDBI Capital Markets & Securities Limited, BOB Capital Market, Axis Capital Ltd., Elara Capital (India) Pvt. Ltd., Monarch Networth Capital Ltd. as lead manager(s) & Link Intime India Private Limited is the registrar, to the issue.

If the Adani Enterprises Ltd is something that you’re looking to invest in come 27 January 2023, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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