Everything You Need to Know About the Adani Wilmar IPO – #3 by Parth111 – IPOs – Trading Q&A by Zerodha

Adani Wilmar, a joint venture of Adani Group and Wilmar Group is among the 10 largest food companies in India. Offers most kitchen essentials across categories. The company’s product portfolio spans three categories: (1) edible oil, (2) packaged food and consumer goods, and (3) industry essentials.

It owns and operates the Fortune brand, the largest edible oil brand in India with a market share of 18.3%. The company has the largest distribution network among all branded edible oil companies in India, with a network of 5,566 distributors located in 28 states and eight union territories across India, serving more than 1.6 million retail outlets.

Adani Wilmar is a joint venture between the Adani Group, a multinational business group with significant interests in the transportation, logistics, energy and utilities sectors, and the Singapore-based Wilmar Group, one of Asia’s leading agribusiness groups.

Adani Wilmar’s public offering includes a new issue of share capital totaling Rs. 3600 crores.


Financial overview:

The fiscal year is over Revenue (₹ crore) Pat (crore crore) EPS ($)
March 2019 28,919.68 375.52 3.29
March 2020 29766.99 460.87 4.03
March 2021 37195.66 727.65 6.37
Period ending on September 30, 2020 16273.73 288.79 2.53
Period ending September 30, 2021 24957.29 357.13 3.12

For more information, you can view the prospectus provided by the company.


Shareholders’ share:

Adani Wilmar will retain a 10% stake in the issuance to shareholders of Adani Enterprises Ltd. You will be eligible to apply for the shareholder class if you hold shares in Adani Enterprises Ltd as of the date of filing the RHP (January 19, 2022). A shareholder of another Adani group company, such as Adani Ports, etc., will not be eligible. You can check the application process under the Contributors category here.


Subscription schedule

Release period From January 27, 2022 to January 31, 2022
price range 218 – 230 rupees
Minimum Bid Quantity 65 and its multiples
Customization finished January 3, 2022
Initiate refunds January 4, 2022
stock credit January 7 2022
Listing date January 8, 2022
Authorization Expiry Date to be confirmed
Key Investor Fixation Expiry Date to be confirmed


How do I apply for an Adani Wilmer IPO?

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

  • Enter your bid on the console

  • Accept the UPI authorization on your phone

When the authorization is accepted, the bid amount will be blocked in your bank account. Click here to find out more.


How to check the status of the allotment for an Adani Wilmar IPO?

You can check the allotment status of the Adani Wilmar IPO on the website of the Registrar and Transfer Agent. Alternatively, you can also check the status of the assignment on the NSE website.

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