Home IPO adani wilmar IPO: Adani Wilmar IPO offers exposure to fast growing packaged staples business

adani wilmar IPO: Adani Wilmar IPO offers exposure to fast growing packaged staples business

by Chris Williams

Issue dates: January 27-31, 2022

Issue price: Rs 218-230

Issue size: Rs 3,600 crore

Lot size: 65 shares

Adani Group’s consumer business, which is a joint venture with Singapore-based Wilmar International, is looking to raise Rs 3,600 crore from the primary market for capital expenditure, repayment of debt, and for acquisitions. After the IPO, Adani and Wilmar International will each hold 44 per cent stake, which will have to be brought down

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