Last updated on February 1, 2023
Adani Enterprises FPO description – Incorporated in 1993, Adani Enterprises is the flagship company of the Adani Group. They are among India’s top business houses having an integrated energy and infrastructure platform in India. The Group is an Indian Multinational company engaged in multiple business ventures.
Adani Enterprises has business interests in various economic areas such as mining, integrated resources management, infrastructure such as airports, roads, rail/ metro, water, data centers, solar manufacturing, agro and defence.
Promoters of Adani Enterprises – Gautam S. Adani And Rajesh S. Adani
The fully-subscribed FPO has been called-off due to market volatility
Adani Enterprises FPO Details
| Adani Enterprises FPO Dates | 27 – 31 January 2023 |
| Adani Enterprises FPO Price | INR 3,112 – 3,276 per share |
| Retail Discount | INR 64 per share |
| Fresh issue | INR 20,000 crore |
| Offer For Sale | Nil |
| Total FPO size | INR 20,000 crore |
| Minimum bid (lot size) | 4 shares (INR 13,104) |
| Face Value | INR 1 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Adani Enterprises Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 43,402.56 | 39,537.13 | 69,420.18 | 79,019.48 |
| Expenses | 43,162.63 | 38,946.07 | 69,480.64 | 78,205.21 |
| Net income | 1,138.17 | 922.64 | 776.56 | 930.40 |
| Margin (%) | 2.62 | 2.33 | 1.12 | 1.18 |
Adani Enterprises Offer News
Adani Enterprises Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 10.35 | 8.39 | 7.06 |
| PE ratio | – | – | 440.79 – 464.02 |
| RONW (%) | 5.71 | 5.53 | 2.93 |
| NAV | – | – | 244.84 |
| ROCE (%) | 12.0 | 11.4 | 9.2 |
| EBITDA (%) | 6.7 | 8.1 | 6.7 |
| Debt/Equity | 0.35 | 0.52 | 0.91 |
Adani Enterprises FPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 31 Jan 2023 | 35 | – | 2,000 |
| 30 Jan 2023 | 37 | – | 2,500 |
| 27 Jan 2023 | 40 | – | 2,800 |
| 25 Jan 2023 | 45 | – | 3,000 |
| 24 Jan 2023 | 55 | – | 3,500 |
| 23 Jan 2023 | 52 | – | 3,500 |
| 20 Jan 2023 | 50 | – | 3,500 |
| 19 Jan 2023 | 50 | – | 3,500 |
Adani Enterprises FPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employees | Total |
| Shares Offered | 1,28,21,336 | 96,16,323 | 2,29,08,464 | 1,60,668 | 4,55,06,791 |
| 31 Jan 2023 | 1.26 | 3.32 | 0.12 | 0.55 | 1.12 |
| 30 Jan 2023 | 0.00 | 0.04 | 0.04 | 0.13 | 0.03 |
| 27 Jan 2023 | 0.00 | 0.01 | 0.02 | 0.04 | 0.01 |
Adani Enterprises FPO Reviews – Subscribe or Avoid?
Angel One –
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Asit C Mehta –
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Canara Bank Securities – Avoid
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KR Choksey –
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Marwadi Financial –
Motilal Oswal –
Nirmal Bang – Neutral
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Samco Securities –
SMC Global –
Swastika Investmart –
Ventura Securities – Subscribe
Adani Enterprises Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 81081 14949
Email: [email protected]
Website: www.linkintime.co.in
Adani Enterprises Contact Details
ADANI ENTERPRISES LIMITED
Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway,
Khodiyar, Ahmedabad 382 421, Gujarat, India
Phone:+91 79 2555 5555
Email: [email protected]
Website: www.adanienterprises.com
Adani Enterprises FPO Allotment Status
Adani Enterprises FPO allotment will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Adani Enterprises FPO Dates & Listing Performance
| Adani Anchor Investor Bidding Date | 25 January 2023 |
| Adani Enterprises FPO Opening Date | 27 January 2023 |
| Adani Enterprises FPO Closing Date | 31 January 2023 |
| Finalisation of Basis of Allotment | FPO Withdrawn |
| Initiation of refunds | FPO Withdrawn |
| Transfer of shares to demat accounts | FPO Withdrawn |
| Adani Enterprises FPO Listing Date | FPO Withdrawn |
| Opening Price on NSE | FPO Withdrawn |
| Closing Price on NSE | FPO Withdrawn |
Adani Enterprises FPO FAQs
How many shares in Adani Enterprises FPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Adani Enterprises Public Offer?
The best way to apply in Adani Enterprises public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline FPO form and deposit the same to your broker.
What is Adani FPO GMP today?
Adani Enterprises FPO GMP today is INR 35 per share.
What is Adani kostak rate today?
Adani Enterprises kostak rate today is NA per application.
What is Adani Subject to Sauda rate today?
Adani Enterprises Subject to Sauda rate today is INR 2,000 per application.
As per my view this is a really unprofessional company, why? because when you complain about there product, they will get angry and will discontinue business with you, people of this company are very unrealistic and not upto the mark, there attitude is very unprofessional , i dont know about Mr Adani but down the line not fits in. my suggestion, invest rather in Nestle or ITC but not in Adani”
adani ipo failed because of hindenburg research report.
Adani will come back soon mark my words