Adani Wilmar Limited IPO

ADANI WILMAR IPO

Adani Wilmar Limited Incorporated in 1999 as a joint venture between Adani Group and the Wilmar Group, Adani Wilmar is an FMCG food company offering most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. The company also offers a diverse range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company’s products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.

The company’s product portfolio is categorized into (i) edible oil, (ii) packaged food and FMCG, and (iii) industry essentials. “Fortune”, the company’s flagship brand, is the largest selling edible oil brand in India. Recently the company has focused on value-added products and has launched products such as edible oil products, rice bran health oil, fortified foods, ready-to-cook soya chunks, khichdi, etc in line with this. The company has strong raw material sourcing capabilities and was India’s largest importer of crude edible oil as of March 31, 2021.

The company operates 22 plants located across 10 states in India, comprising 10 crushing units and 19 refineries. The company’s refinery in Mundra is one of the largest single-location refineries in India with a capacity of 5,000 MT per day. In addition to the 22 plants Adani Wilmar, also used 36 leased tolling units as of Sep 31, 2021, for additional manufacturing capacities.

The company’s distributors are in 28 states and 8 union territories throughout India, catering to over 1.6 million retail outlets. As of September 30, 2021, the company had 88 depots in India, with an aggregate storage space of approx. 1.8 million square feet across the country.

Adani Wilmar Limited IPO Time Table

ParticularDate
IPO Open Date27 Jan 2022
IPO Close Date31 Jan 2022
Allotment Date03 Feb 2022
IPO Listing Date08 Feb 2022

Adani Wilmar Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 1 Per Equity Share
IPO PriceRs. 218 to Rs. 230 Per Equity Share
Market Lot65 Share
NSE Symbol
BSE Symbol
ISIN Code
Listing AtNSE & BSE
Issue SizeApprox. Rs. 3600 Crore.

Adani Wilmar Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum165Rs. 14950
Maximum13845Rs. 194350

Adani Wilmar Limited IPO Allotment Status

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Company Financials:

Particular31 March 202131 March 2020
Total Assets133266.39117859.17
Total Revenue371956.58297669.86
Profit After Tax7276.494608.72
For the year/period ended (₹ in million)

Company Promoters:

Adani Enterprises Limited, Adani Commodities LLP and Lence Pte. Ltd are the company promoters.

Objects of this Issue:

The IPO aims to utilize the net proceed towards the following purposes;

  • Funding capital expenditure for expansion of existing manufacturing facilities and developing new manufacturing facilities.
  • Repayment/prepayment of borrowings.
  • Funding strategic acquisitions and investments.
  • General corporate purposes.

Registrar & Company Details

Company Contact InformationIPO Registrar
Adani Wilmar Limited

Fortune House,
Near Navrangpura Railway Crossing,
Ahmedabad 380009, Gujarat, India
Phone: +91-79-26455848
Email: investor.relations@adaniwilmar.in
Website: https://www.adaniwilmar.com
Link Intime India Private Ltd




Phone: +91-22-4918 6270
Email: adaniwilmar.ipo@linkintime.co.in
Website: https://linkintime.co.in

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