Adani Enterprises Limited IPO GMP Today, Lot Size, Share Price

(Last Updated On: January 21, 2023)

Adani Enterprises Limited IPO GMP Today, Lot Size, Share Price. We have provided complete details about Adani Enterprises Limited IPO, which you will get in this article. Read to know more about GMP price, lot size and per share price.

Adani Enterprises Limited IPO

Adani Group is the parent company of Adani Enterprises Limited. This is one of the largest companies that helps small businesses and startups to grow their business. Adani Group includes many other companies which include Adani Power, Adani Green Energy. Adani Transmission, Adani Ports and SEZ, Adani Wilmar and Adani Total Gas. These companies majorly focus on four sectors i.e. energy and utility, consumer products, transportation and mining.

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The planning of Adani Enterprises is to launch follow on public offering, which is done to raise additional capital. Adani Enterprises has planned to raise Rs 20,000 crore through this IPO. The company will now invest the amount in some projects like green hydrogen ecosystem, construction of greenfield expressway and improvement works of existing airport facilities. The total cost of these projects is expected to be Rs 10,869 crore. Approx 22-24% of the money will be used in repayment of the existing borrower.

Adani Enterprises Limited IPO

Adani Enterprises Limited IPO GMP Today

Adani Enterprises Limited was established in 1988. The opening of this IPO will be on 27th January and will be closed on 31st January. Shares will be allotted on 3rd February 2023. The final listing will be in BSE and NSE on the 8th of February. Adani Group offers the best quality services and products and had a market capitalization of Rs18,402 billion. This number is increasing day by day. Grey Market Premium is the unofficial traded price before the listing on the stock exchange. With help of GMP, we can expect the price on the listing day. If GMP is positive then IPO is expected to list at profit but if GMP is trading negative then we can expect some loss. The GMP of this IPO is Rs 100 by which a gain of 3% can be seen on the listing.

Adani Enterprises Limited IPO Lot Size

This IPO is a very good chance for retail investors as the stock is available at a discounted price for them. This company’s profit was more than doubled in the September quarter. This company is good at flourishing start-ups and successfully managing and listing them. Last year the company had shown total revenue of Rs 69,420 crore which is increased at a CAGR of 14% in the past 5 years. Also is the greatest global player in integrated resource management. The whole supply chain is managed by this company which delivers one-stop-shop solutions to clients. The lot size for this IPO is 4 and only in multiple of four shares can be purchased.

Adani Enterprises Limited IPO Share Price

The company is planning to raise Rs 20,000 crore from the follow-on public offer, so the price of each share will be between Rs 3112 to 3276. The retail investors will get a discount of 64 Rs per share in this IPO. Investors who are interested in this IPO can apply for this IPO from the 27 of this month and will get only 5 days. So it is better to be prepared from now only. The bidding date for Anchor investors is scheduled to have on 25 January.

The investors who get success in this IPO will get shares in their Demat account on 7th February and they can trade with these shares on the next day. With this FPO the billionaire Gautam Adani will get help in reducing the debt. This share was trading 1.2%lower at 3,595 Rupees. This initial public offering will help in increasing the free float of Adani Enterprises’ shares.

How to Apply for Adani Enterprises Limited IPO

  • Register and log in with a broker.
  • Now go to the IPO section.
  • Now you have to enter the lot you want to apply for and the price of a single share.
  • For the payment, you have to enter the UPI ID.
  • Your bid will be successfully recognised by the exchange.
  • A notification in the payment app will be received to obstruct the funds.
  • You have to approve the request and then you cannot use these funds as they will be blocked.

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