Adani Enterprises FPO Details ( Adani Enterprises FPO Review )
(27 Jan 2023 – 31 Jan 2023)
Adani Enterprises FPO (AEL) is the flagship company of the Adani Group and acts as the Group’s incubator for new businesses. Incorporated in 1993, AEL has business interests in various economic areas such as mining, integrated resources management (IRM), infrastructure, water, data centres, solar manufacturing, agro, and defence.
All the listed companies/businesses such as Adani Power Ltd., Adani Transmission ltd., Adani Ports and Special Economic Zone Ltd., Adani Gas Ltd, Adani Green Energy Ltd., and Adani Wilmar Ltd. were initially incubated under AEL and are now functioning independently.
The businesses of Adani Group include
- Mining Services
- Edible Oil & Foods
- Water
- Data Center
- Integrated Resource Management
- Agro
- Solar Manufacturing
- Defence & Aerospace
- Airports
- Roads, Metro & Rail
AEL earns major revenue from Integrated Resource Management (IRM) and Mining Services. On a consolidated basis, other segments such as integrated solar PV cell & module manufacturing and Airport are the main contributors of the revenue. Apart from shipping, bunkering, and agri-storage which are smaller contributors to AEL’s overall revenue and profitability. The company has a long track record of successful execution of various large-scale projects and has emerged as a leader in different segments.
The company not only emphasizes its efforts on offering the best quality products and services but also ensures to contribute towards a sustainable environment and offering back to society. The Adani Group had a market capitalization of ₹18,402 billion (approximately US$222 billion) as of December 31, 2022.
Adani Enterprises FPO Competitive Strength
- We incubate sustainable infrastructure businesses in India, with a track record of success and a focus on increasing value for stakeholders.
- We have a proven track record and expertise in successfully executing and managing projects.
- We aim to develop a comprehensive green hydrogen ecosystem in India by leveraging the growing potential for green hydrogen in the country.
- We have strategically located airport assets of national significance, with a stable regulatory framework and favorable concession terms.
- We are a leading global player in integrated resource management.
- Experienced promoters and strong leadership
- Scalable financial structure and demonstrated financial performance
Adani Enterprises FPO Financials Performance ( Results )
Adani Enterprises FPO Financial Information ( Consolidated )
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | Profit After Tax (PAT) | Net Worth | Borrowing |
| 31-Mar-20 | 4689.84 | 4408.62 | 104 | 1820.99 | 1260.49 |
| 31-Mar-21 | 51642.86 | 40290.93 | 1045.76 | 1891 | 16051.42 |
| 30-Sep-21 | 8232.47 | 2632.77 | 46.01 | 2317.63 | 3218.96 |
| 31-Mar-22 | 101760.19 | 70432.69 | 787.7 | 2692.84 | 41023.77 |
| 30-Sep-22 | 12309.13 | 7950.79 | 90.1 | 3617.64 | 4002.35 |
Objective of FPO Issue
- We fund the capital expenditure requirements of some of our subsidiaries for certain projects in the green hydrogen ecosystem, improvement works of existing airport facilities, and the construction of a greenfield expressway.
- We plan to use the funds to repay, in full or in part, certain borrowings of our Company and three of our subsidiaries, Adani Airport Holding Limited, Adani Road Transport Limited, and Mundra Solar Limited.
- General corporate purposes
Adani Enterprises FPO Basic Details
| FPO Date | Jan 27, 2023 to Jan 31, 2023 |
| Listing Date | Wednesday, February 08, 2022 |
| Face Value | ₹1 per share |
| Price | ₹3112 to ₹3276 per share |
| Lot Size | 4 Shares |
| Issue Size | [.] shares of ₹1 (aggregating up to ₹20,000.00 Cr) |
| Fresh Issue | [.] shares of ₹1 (aggregating up to ₹20,000.00 Cr) |
| Retail Discount | Rs. 64 per share |
| Issue Type | Book Built Issue FPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | 50% of the Offer |
| NII (HNI) Shares Offered | 15% of the Offer |
| Retail Shares Offered | 35% of the Offer |
| Company Promoters | Gautam S. Adani and Rajesh S. Adani are the promoters of the company. |
Adani Enterprises FPO Timetable
Adani Enterprises FPO will open on Jan 27, 2023 and close on Jan 31, 2023. You can join Adani Enterprises FPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | Jan 27, 2023 |
| Closing Date | Jan 31, 2023 |
| Basis of Allotment | Feb 3, 2023 |
| Initiation of Refunds | Feb 6, 2023 |
| Credit of Shares to Demat | Feb 7, 2023 |
| Listing Date | Feb 8, 2023 |
Adani Enterprises FPO Lot Size
For retail investors in Adani Enterprises FPO , 4 shares will come in 1 lot or the minimum investment will be ₹13,104. Retail-individual investors can apply for up to 15 lots or the maximum investment will be ₹196,560.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 4 | ₹13,104 |
| Retail (Max) | 15 | 60 | ₹196,560 |
| S-HNI (Min) | 16 | 64 | ₹209,664 |
| B-HNI (Min) | 77 | 308 | ₹1,009,008 |
Adani Enterprises FPO Promoter Holding
| Pre Issue Share Holding | 72.63% |
| Post Issue Share Holding | 69.13% |
Adani Enterprises FPO Valuation – FY2022
| Earning Per Share (EPS) | ₹7.06 per Equity Share |
| Price/Earning P/E Ratio | 325 |
| Return on Net Worth (RoNW) | 2.93% |
| Net Asset Value (NAV) | ₹244.84 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | 12.4 |
Adani Enterprises Ltd Peer comparison
There are no listed companies in India that engage in a business similar to that of our Company. Accordingly, it is not possible to provide an industry comparison in relation to our Company.
Adani Enterprises FPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 01 February 2023 | ₹-115 | – | – |
| 31 January 2023 | ₹-35 | – | – |
| 30 January 2023 | ₹-20 | – | – |
| 29 January 2023 | ₹0 | – | – |
| 28 January 2023 | ₹0 | – | – |
| 27 January 2023 | ₹50 | – | – |
| 26 January 2023 | ₹78 | – | – |
| 25 January 2023 | ₹72 | – | – |
| 24 January 2023 | ₹64 | – | – |
| 23 January 2023 | ₹62 | – | – |
| 22 January 2023 | ₹55 | – | – |
| 21 January 2023 | ₹55 | – | – |
| 20 January 2023 | ₹75 | – | – |
| 19 January 2023 | ₹75 | – | – |
Adani Enterprises FPO Detail Video:
Adani Enterprises FPO Subscription Status (Bidding Detail)
The Adani Enterprises FPO on Jan 31, 2023 at 5:00:00 PM was subscribed 1.12 times, with the retail category being subscribed 0.12 times, the QIB (Qualified Institutional Buyers) category being subscribed 1.26 times, the NII (Non-Institutional Investor) category being subscribed 3.32 times.
| Category | Subscription |
| QIB | 1.26x |
| NII | 3.32x |
| Retail | 0.12x |
| Employee | 0.55x |
| Total | 1.12x |
Adani Enterprises FPO Prospectus
| Adani Enterprises FPO DRHP | No Link |
| Adani Enterprises FPO RHP | Download |
Adani Enterprises FPO Rating
| Our Rating | 3.0/5.0 |
Adani Enterprises Compnay Contact Information
Adani Enterprises Limited
Registered and Corporate Office: Adani Corporate House, Shantigram,
Near Vaishno Devi Circle, S. G. Highway, Khodiyar,
Ahmedabad 382 421, Gujarat, India
Telephone: +91 79 2555 5555
Contact Person: Jatin Jalundhwala (Company Secretary and Compliance Officer)
Email: investor.ael@adani.com
Telephone: +91 79 2555 5377
Website: www.adanienterprises.com
Corporate Identity Number: L51100GJ1993PLC019067
Adani Enterprises FPO Registrar
Link Intime India Private Ltd
Address: C 101, 247 Park, L.B.S Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Tel: +91 81081 14949
E-mail: ael.fpo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: ael.fpo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Adani Enterprises FPO Lead Manager
- ICICI Securities Limited
- Jefferies India Private Limited
- SBI Capital Markets Limited
- Axis Capital Limited
- BOB Capital Markets Limited
- IDBI Capital Market Services Limited
- JM Financial Limited
- IIFL Securities Ltd
- Monarch Networth Capital Ltd
- Elara Capital (India) Private
Adani Enterprises FPO FAQs
What is the lot size of Adani Enterprises FPO?
The total size of Adani Enterprises FPO is ₹20,000 crores and this is a complete fresh Issue.
When will Adani Enterprises FPO start?
Adani Enterprises FPO will Open from 27 Jan 2023 and FPO will Close on 31 Jan 2023.
What is the open date of Adani Enterprises FPO?
Adani Enterprises FPO will start from 27 Jan 2023.
What is the last date ( close date ) of Adani Enterprises FPO?
Adani Enterprises FPO will close from 31 Jan 2023.
What is the price band of Adani Enterprises FPO?
Adani Enterprises FPO Price band is ₹3112 to ₹3276. ( Upper Price Band: ₹3112, Lower Price Band: ₹3276 )
What is the minimum amount required to apply for Adani Enterprises FPO?
The minimum investment for retailers to apply for Adani Enterprises FPO is ₹13,104 and the maximum investment is ₹196,560.
What is going on gray market premium of Adani Enterprises FPO?
View gray market premium of Adani Enterprises FPO by Clicking Here
How much is the GMP of Adani Enterprises FPO?
Watch Adani Enterprises FPO GMP Today: Click Here
What is the allotment date of Adani Enterprises FPO?
The allotment date of Adani Enterprises FPO is 03 February 2023.
How to check allotment status in Adani Enterprises FPO?
To check the allotment status of Adani Enterprises FPO, first of all go to the registrar website by clicking here, select your bad Adani Enterprises FPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Adani Enterprises FPO?
The listing date of Adani Enterprises FPO is 08 February 2023.
How much will be the listing gain in Adani Enterprises FPO?
View listing gain of Adani Enterprises FPO by Clicking Here
How much time Adani Enterprises FPO is subscribed?
Total 1.12 times subscribed in Adani Enterprises FPO out of which 0.12 times subscription was done in retail quota, 3.32 times subscription in QIB quota and 1.26 times subscription in NII quota and 0.55 times subscription in Employee quota.
How to apply for Adani Enterprises FPO from Upstox?
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How to apply for Adani Enterprises FPO from Zerodha?
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