Adani wilmar IPO listed at Rs. 221, discount to the Issue price
ADANI WILMAR IPO Listing Estimate :
The stock market at the opening bell is expected to show weakness and downtrend. As such the fancy of the grey market for the IPO of Adani Wilmar is fading away since last few sessions and the grey market premium has declined to Rs23 from Rs. 90 at the announcement of the IPO. The overall subscription of NII portion is not impressive with interest cost of just Rs. 21.11 per share. Looking to these aspects, the grey market players are not optimist of this listing. There are fears of the price showing discount during the session. However there is a section of investors who are very bullish about the scrip and expect the scrip to scale upto Rs. 320-330 during the first session itself, looking to the reasonable valuation, it offered in comparison to its profitability.
ADANI WILMAR IPO Grey Market News Today#
Exclusive Updates: Low hopes for Listing :With fall in sensex since last 3 sessions, Mood of the grey market traders is very weak. With GMP below 10% of the issue price, the hopes for solid listing has gone and many investors fear just AT PAR listing or even discount listing by Rs. 1/3
On 7 February 2022 @ 7.30 pm
Grey Market Premium Rs. 23
ADANI WILMAR IPO Subscription Trend
( D3 ) On 31 January 2022 @ 5.00 pm
QIB :28743,118 Sh : 5.73 T
NII : 21557,340 Sh: 56.30 T
( only Rs. 27915 Cr )
Interest cost @ 8.50% Rs. 21.11
RII : 50300,459 Sh : 3.92 T
Emp 5431,472 Sh : 0.51 T
ShQ : 16513,761 Sh : 33.33 T
Tot : 122546,150 Sh : 17.37 T
Now…ADANI WILMAR IPO Analysis @ Chanakyanipothi.com , India`s Oldest & most Trusted Investment Blog.Operational since 8th December 1999, We are the Only Investment Platform in India, which has successfully completed 22 Years
ADANI WILMAR IPO Guidance : With strong product portfolio, strong growth rate during last 3 years ,Attractive valuation of the IPO, online presence and also strong market fancy for other scrips of the Group companies, the IPO is strongly recommended. Apply with Full force for small listing gains and Strong returns within 6 month after listing. Ignore weak trend in the grey market.
ADANI WILMAR Company Details
Adani Wilmar (AW) is one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar. Essential commodities, such as edible oils, wheat flour, rice, pulses and sugar, account for approximately 66% of the spend on essential kitchen commodities in India. It offers a range of staples such as wheat flour, rice, pulses and sugar. AW is a joint venture incorporated in 1999 between the Adani Group and the Wilmar Group, one of Asia’s leading agribusiness groups which was ranked among the largest listed companies by market capitalization on the Singapore Exchange as of June 30, 2021. Its portfolio of products spans across three categories: (i) edible oil, (ii) packaged food and FMCG, and (iii) industry essentials. AW is one of the fastest growing packaged food companies in India, based on the growth in revenues during the last five years
It was India’s largest importer of crude edible oil as of March 31, 2020 which provided it with bargaining power to source better quality raw materials on favorable commercial terms.
AW has 22 plants which are strategically located across 10 states in India . Its refinery in Mundra is the one of the largest single location refineries in India with a designed capacity of 5,000 MT per day . In addition to the 22 plants it owns, it also used 28 leased tolling units as of March 31, 2021,
AW has the largest distribution network among all the branded edible oil companies in India As of March 31, 2021, AW was present in one out of three households in India with a household reach of 90.51 million through its Fortune brand.
As of March 31, 2021, AW had 5,566 distributors catering to over 1.6 million retail outlets .As of March 31, 2021, it also had 85 depots, with an aggregate storage space of approximately 1.6 million square feet across the country to ensure availability of our products. for more information, click : www.adaniwilmar.com
The promoters of ADANI WILMAR
Adani Enterprises ltd, Adani Commodities LLP & Lence Pte ltd
ADANI WILMAR IPO Main Objects
The Company proposes to utilise the Net Proceeds towards funding of the following objects:
1. Funding capital expenditure for expansion of its existing manufacturing facilities and developing new manufacturing facilities
2. Repayment/prepayment of its borrowings;
3. Funding strategic acquisitions and investments
ADANI WILMAR IPO Details
IPO opens on 27 January, 2022
IPO closes on 31 January,2022
Issue Type: Book Built Issue IPO
Issue : up to ? Shares /Rs 3600 Crore
# Net Fresh Issue up to 151869565 Shares/ Rs. 3493 Cr
Face Value per share : Rs. 1
ADANI WILMAR IPO Price Band Per Equity Share: Rs. 218-230
Rs. 21 discount to Employees
ADANI WILMAR IPO Retail Lot Size 65 Shares
ADANI WILMAR Listing will at BSE,NSE
Shares offered to
QIB (50%) 75934783 Shares = Rs 1746.50 Cr
NII (15%) 22780434 Shares = Rs 523.95 Crs
RII (35%) 53154348 Shares = Rs 1222.55 Crs
Lot size: 65 Shares = 817759 Forms
Min Retail Application : 65 Sh , Rs. 14950
Max Retail Application : 845 Sh, Rs 194350
ADANI WILMAR IPO Tentative timeTable
IPO Allotment on 3 Feb 2022
Unblocking of ASBA 4 Feb 2022
Credit to Demat Accounts 7 Feb 2022
ADANI WILMAR Listing on 8 Feb 2022
ADANI WILMAR IPO Financial Details :
Earnings per Share 2019-20 Rs 4.03
Earnings per Share 2020-21,Rs 6.37
Earnings per Share 2021-22 6M,Rs 3.12
Book Value of the Share as on 31.3.2021 Rs 28.86
Book Value After IPO at Cap-Price Rs. 55.78
Return on Net Worth: 19-20 17.93 %
Return on Net Worth: 20-21: 22.06 %
Return on Net Worth: 21-22 6M: 9.78 %
Upper Price Band/last EPS: 36
Upper offer price/Book Value Ratio: 7.96
Upper offer price/BV after IPO Ratio: 4.12
ADANI WILMAR IPO Peer Comparison:
Hindustan Unilever @ PE Multiple of 69.63
Britannia @ PE Multiple of 46.79
Tata Consumer @ PE Multiple of 78.65
Dabur India @ PE Multiple of 59.05
Marico @ PE Multiple of 54.03
Nestle India @ PE Multiple of 89.73
#This is only coverage of News related to Grey Market . We donot deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
We have expected to good start on day one….Here we want to add more as it’s just starting…long way to go ahead.BEST WISHES…
Listing day
Sold Above 270
240 to 270 undecided hold for 2 months
below 240 Hold with extra investment
जब कंपनी के कामदार ही नहीं खरीद रहे तो
हम अपना पैसा क्यों बर्बाद करे?
NII GIVES 27915 CRORES AS PER YOUR REPORTING… SATISFACTORY… NOW wait till listing day… Bumper boomer listing…
Seems, subscription will be around 10 times by 2 PM on 31st Jan .Because of weekend, reporting is not uptodate.I think, GMP would be around 45 rs .
Instead investing in this ipo better keep watching and apply only if GMP is above 80
if anyone wants to apply in shareholder quota, I am ready to give my demat for use. 300rs per lot. contact on twitter @Sunny_Sulane
Adani 22 seller
No buyer
Huge listing gain will be there… ADANI & FORTUNE BRAND is mostly popular across BHARAT…
29/01/2021 9am premium only 26-30
If any one wants apply for Wilmar through me.
AEL share holders quota.
I can for you.
I take just ₹100 per lot.
Contact to 8469Jayesh text me first
Adani premium 27-29
Admin I want to sell my 20 application
How can I sell it?
I really don’t understand why they take more money/premium from investors.
After it is listed in NSE, it will quote less than the listed price.
Investors be careful.
Example payTM IPO.
At one time , the GMP was quoted at Rs. 170 and then it has steadily declined to 90 and to Rs. 37 on 26 January. this is not Good signal. One has to be cautious. I fear more since I have bought 1000 shares in the grey market at Rs. 90 and I am at huge loss.
shyamji..
you have been active after long time. Good. We value your observation.You may be right. The IPO has huge hype but the way the GMP has declined over the period , clearly suggest something wrong for this IPO. Even Outside market mood is very weak. I also doubt very poor listing.
Friends, the manner in which there is fluctuation in grey market and sharp fall in the premium, I am confident of Poor listing for this IPO.
@admin
Adani today 8 pm 35-38 this premium give my broker. Tomorrow mere broker se ek bhi bar match nahi huva apki post ka premium is liye likha tha.
I am not watch other website premium
Please sir confirm premium ho to hi post karo nahi to hum mislead hote hain.
@admin
Adani premium around 6 pm 38-42
@admin
Today all time adani premium wrong posted why ?
No. The premium mentioned are correct. If you are comparing with other site, then you will be misled,Others put GMP once in the morning.Whereas we update GMP news more often than others and hence it may not match with others. GMP moved up strongly in the later part of Tuesday along with the Sensex and hence it may not match . However the reporting is correct without any doubt.
Whether any quota is kept for Shareholders of Adani Enterprises?
If the allotment procedure of SH is proportionate basis. Then chance of getting allotment in SH quota for a retail investor who thinks to apply only one lot in SH quota is very low than traditional retail quota. Is it ????
Anyone plz clarify this.
Thank you.
What’s estimated allotment ratio of AWL?
Is RHP Already File by Adani Wilmar ?
What do you mean by application rates mentioned next to GMP
Application Rate: Many investors sell their Applications. They will apply with their money and with their demat account and ahead of listing , they sell the shares. Whatever profit or loss comes, it belongs to the buyer of the application. The person invested money and for that he gets fixed amount eg Application rate.
What is the RHP date for shareholder quota?
Without price band, grey market commenced.
Great.
When ipo is coming.how we get prefral share.
Adani interprises ke share holder ko adani wilmer ke iop me prefencial share kadate kya hai
Definitely a good opportunity provided the issue is at a reasonable P/E ratio and not just to encash the market euphoria.
Must apply. Fortune brand in edible oil and floor have large customer loyalty. IPO will be hit
Grey market for Adani will be rocking. Look at the profits Adani Transmission has provided
Just awaiting when the grey market action starts. I will buy on day 1 atleast 100 shares
Bumper oversubscription is expected. Look at the profits Adani Pandavs have given. Adani Green, Adani Trasmission, Adani Gas, Adani Enterprise and Adani power, all have given good returns. So huge oversubscription is assured.