The Adani group company Adani Enterprises FPO will be hit the 27 January 2023 and closes on 31 January 2023. According to RHP, the company wants to raise ₹20,000 crore through FPO. The company will issue fresh shares of ₹20,000 crores through this FPO and will issue shares through offer for sale of ₹0 crores.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
Adani Group’s FPO is negatively impacted after the Hindenburg Research report.
■ Adani Enterprises FPO is withdrawn by the company Livemint
Adani Enterprises limited is a part of the Adani group. They are among India’s top business houses 10 with an integrated energy and infrastructure platform in India and a long track record of successfully executing large-scale projects. The company one of India’s largest listed business incubators in terms of market capitalisation 11 and are driven by the philosophy of incubating businesses in four core industry sectors – energy and utility, transportation and logistics, consumer, and primary industry.
The company represent an effective complement of established and developing businesses which address the needs of India. You can check here to know Adani Enterprises FPO GMP.
| Read also: Upcoming IPO List 2023 |
The company emerged as an incubator by investing, maturing and eventually demerging various diversified businesses. The company has incubated six decacorn businesses and successfully listed them, including by way of demergers, as Adani Ports and Special Economic Zone Limited, Adani Power Limited, Adani Transmission Limited, Adani Green Energy Limited, Adani Total Gas Limited and Adani Wilmar Limited.
As of December 31, 2022, the Adani group had a market capitalisation of ₹18,402 billion (approximately US$222 billion), and are one of the largest listed group by market capitalization in India.12 you can check Adani Enterprises FPO subscription status here.
Object Of the Issue :
- Funding capital expenditure requirements of some our Subsidiaries in relation to (a) certain projects of the green hydrogen ecosystem; (b) improvement works of certain existing airport facilities; and (c) construction of greenfield expressway;
- Repayment, in full or part, of certain borrowings of our Company and three of our Subsidiaries, namely, Adani Airport Holding Limited, Adani Road Transport Limited, and Mundra Solar Limited.
- General corporate purposes.
Company Strengths :
- The company is a business incubator with a demonstrated track record of incubating sustainable infrastructure businesses in India with a focus on enhancing stakeholder value.
- Demonstrated track record and expertise in project execution and management.
- Tapping on the growing green hydrogen potential in India to build a fully-integrated green hydrogen ecosystem in India.
- Airport assets of national importance are strategically located and are supported by a stable regulatory framework and concession terms.
- Robust environmental, social and governance (“ESG”) focus enhancing value in a responsible way.
- One of the leading global players in integrated resource management.
- Experienced promoters and strong leadership.
- Scalable financial structure and demonstrated financial performance.
Adani Enterprises FPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹901.04 Cr (Sep 2022) |
| Issue Price : | ₹3276/ EQ (Cut Off) |
| EPS 2022 : | ₹7.06 (March 2022) |
| PE Ratio : | 464.02 (PE Approx) |
| RoNW : | 2.93% (March 2022) |
| NAV Value : | ₹244.84 (March 2022) |
| Total Assets : | ₹123091.28 Cr (Sep 2022) |
| Market Cap : | ₹3,73,464 Cr Approx |
| Promoter Holding : | 72.63% Pre Issue -% Post Issue |
| Team Review : | ● The flagship company of the Adani Group. ● The PE ratio of the company is very High. ● The company financial performance stable growth last few year. ● The issue looking for long-term wealth creation options. ✔ Apply For Long Term |
Adani Enterprises FPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 27 January 2023 |
| IPO Close : | 31 January 2023 |
| IPO Size : | ₹20,000 Cr {64,738,475 Shares} |
| Face Value : | ₹1. Equity Share |
| Price Band : | ₹3112 – ₹3276 Per Share |
| Retail Discount : | ₹64 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹20,000 Cr {64,738,475 Shares} |
| Fresh Issue : | ₹20,000 Cr {64,738,475 Shares} |
| Offer For Sale : | ₹. Cr |
Adani Enterprises FPO Market Lot :
Adani Enterprises FPO Minimum Market lot is 1 Lot with 4 shares with ₹13,104 Application amount. The retail investors can apply up to 15 lots with 60 Shares or ₹196,560 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 4 | ₹13,104 |
| Retail Maximum : | 15 | 60 | ₹196,560 |
| S-HNI Minimum : | 16 | 64 | ₹209,664 |
| B- HNI Minimum : | 77 | 308 | ₹1,009,008 |
Adani Enterprises FPO Shares Offer :
A Total of 64,738,475 shares are to be bid for the public issue by Adani Enterprises FPO with 64,738,475 for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 64,738,475 | ₹20,000 Cr |
| Offer For Sale : | – | ₹– |
| Total : | 64,738,475 | ₹20,000 Cr |
Adani Enterprises FPO Reservation :
Adani Enterprises FPO Total Reservation of 64,738,475 shares are to be bid for the public issue by Adani Enterprises FPO with 30,448,717 for QIB and 9,134,615 for NII 21,738,792 For RII & 1,52,625 Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 30,448,717 | ₹9975.00 Cr |
| NII : | 15% | 9,134,615 | ₹2992.50 Cr |
| RII : | 35% | 21,738,792 | ₹6982.50 Cr |
| EMP : | – % | 1,52,625 | ₹50.00 Cr |
| Total : | 100% | 61,474,749 | ₹20,000 Cr |
Adani Enterprises FPO EPS & RoNW :
The Adani Enterprises company’s EPS & RoNW growth is Decreasing last financial year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
| 2022 | ₹7.06 | 2.93% |
| 2021 | ₹8.39 | 5.53% |
| 2020 | ₹10.35 | 5.71% |
Adani Enterprises FPO Peer Comparison PE :
The Adani Enterprises, According to DRHP of the company no any listed company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | There are no listed companies in India that engage in a business similar to that of our Company. | – |
Adani Enterprises FPO Dates :
Adani Enterprises FPO Date is 27 January 2023 and closes on 31 January 2023. The allotment will be finalized on 03 February 2023 and the IPO may list on 08 February 2023.
| Open Date : | 27 January 2023 |
| Close Date : | 31 January 2023 |
| Allotment Date : | 03 February 2023 |
| Refund Date : | 06 February 2023 |
| Share Credit Date : | 07 February 2023 |
| Listing Date : | 08 February 2023 |
Adani Enterprises FPO Form :
There are two ways to apply in Adani Enterprises FPO. You can apply for Adani Enterprises FPO through ASBA available in your bank account. You have to go to your online bank login and select Adani Enterprises FPO in the Invest section and apply through your bank account. Another option is you can apply for Adani Enterprises FPO through IPO form download through NSE and BSE. See the Adani Enterprises FPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Adani Enterprises Financial ReportConsolidate (Crores) :
| Year | Revenue | Expense | PAT |
| 2022 Sep | ₹79,507.89 | ₹78,205.21 | ₹901.04 |
| 2022 | ₹70,432.69 | ₹69,480.64 | ₹787.70 |
| 2021 | ₹40,290.93 | ₹38,946.07 | ₹1,045.76 |
| 2020 | ₹44,086.21 | ₹43,162.63 | ₹1,039.99 |
Company Promoters :
■ Gautam S. Adani & Rajesh S. Adani
Quick Link :
■ RHP Draft Prospectus
■ Anchor Investor
Adani Enterprises FPO Lead Managers :
■ Jefferies India Private Limited
■ ICICI Securities Limited
■ SBI Capital Markets Limited
■ Axis Capital Limited
■ BOB Capital Markets Limited
■ IDBI Capital Markets & Securities Limited
■ JM Financial Limited
■ Elara Capital (India) Private Limited
■ Monarch Networth Capital Limited
■ IIFL Securities Limited
Adani Enterprises FPO Registrar :
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 81081 14949
E-mail: [email protected]
Investor grievance email: [email protected]
Website: www.linkintime.co.in
Note: Check Adani Enterprises FPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Adani Enterprises Limited
Shantigram, Near Vaishno Devi Circle
S. G. Highway, Khodiyar
Ahmedabad 382 421
Gujarat, India
Phone: +91-79-26565555
Email: [email protected]
Website: https://www.adanienterprises.com/
Adani Enterprises FPO FAQs :
What is Adani Enterprises FPO?
Adani Enterprises FPO is Mainboard IPO. They are going to raise ₹20,000. Crores via IPO. The issue is priced at ₹3112-₹3276 per equity share. The IPO is to be listed on NSE, BSE.
When Adani Enterprises FPO will open?
The IPO is to open on 27 Jan – 31 Jan for QIB, NII & RII.
What is Adani Enterprises FPO Size?
Adani Enterprises FPO size is ₹20,000 Crores.
What is the Fresh issue size of Adani Enterprises FPO?
The Fresh issue size of Adani Enterprises FPO ₹20,000 Cr.
What is the Offer For Sale size of Adani Enterprises FPO?
The Offer For Sale size of Adani Enterprises FPO ₹0 Cr.
What is Adani Enterprises FPO Price Band?
Adani Enterprises FPO Price Band is ₹3112-₹3276 Per share.
What is Adani Enterprises FPO Minimum and Maximum Lot Size?
The minimum 4 Shares with ₹13,104 amount while the maximum 60 shares with ₹196,560.
What is Adani Enterprises FPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Adani Enterprises FPO Allotment Date?
Adani Enterprises FPO allotment date is 03 Februry 2023.
What is Adani Enterprises FPO Listing Date?
Adani Enterprises FPO listing date is 08 February 2023. The IPO to list on NSE, BSE.
How to Apply the Adani Enterprises FPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Adani Enterprises FPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Adani Enterprises FPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Adani Enterprises FPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Adani Enterprises FPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Adani Enterprises FPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Adani Enterprises FPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Adani Enterprises FPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Adani Enterprises FPO GMP: Click Here Adani Enterprises FPO Subscription: Click Here Adani Enterprises FPO Allotment: Click Here Adani Enterprises FPO Listing: Click Here Adani Enterprises FPO Web Story: Click Here |
All Adani Enterprises FPO-related links are available here. If you want to know the details then click on Click Here Link.
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