Adani Enterprises Limited FPO Message Board (Page 1)

The Hindu Businessline has reported that Gautam Adani visited SEBI headquarters twice in four weeks in September and October 2022 and met with officials, directors and the SEBI chairperson Madhabi Puri Buch. If SEBI was already investigating issues raised against the Adani Group, its offshore entities and its transactions, wasn t it a conflict of interest for the SEBI chairperson and directors to meet Gautam Adani? How often do the promoters of listed companies visit the SEBI office and hold meetings with the SEBI chairperson, especially when the company is under investigation by the regulator: m m b

gone

With the blow given by Adani, all IPOs went to hibernation.
IPO holiday atleast for 1-3 months

One more Adani (friend) stock is missing from the list.. LIC !!

😂😂😂

Forbes is out with a major article evidencing hidden Adani promoter pledges:
A private Vinod Adani-controlled Singaporean entity pledged Adani promoter stakes for $240m in loans from a Russian bank.
Zero disclosure of these pledges to Indian exchanges

Won't accept sealed cover suggestions': Supreme Court to Centre on Adani issue
India News
Published on Feb 17, 2023 03:41 PM IST
CJI DY Chandrachud said if the court accepts suggestions from a sealed cover, the other party won't know. “We want to ensure transparency,” the CJI said as the top court heard petitions on Adani-Hindenburg issue.

This development shows that the Supreme Court will form their own committee and the truth will come and who supported the group may be known. Let's see how market reacts this development.

Supreme Court says something, but nse does their own way...
Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani Power will be included in Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices from 31 Mar 2023...

GONE

Akal pada hai Main board pe.

Status quo for one more month....

One feels that IPO markets will remain dull in month of February 2023.
2 3 issue are expring soon. It is my feel that failure rate (not going through IPO after filing DRHP) has gone up from 1 in 4 DRHP to 1 in 3 DRHP
Given the fact that each DRHP filing costs a lot, is it indication of greed or not being ready

Retail investors are applying for profit only....even HNI and QIB also invests for the same reason....

Why no need of leaving money on table...means leaving some scope of growth of money for investors be it retail, hni or qib.....

otherwise there is question mark on the intention of the Company......

leaving money means reasonable valuation and not high or super high valuation....

not leaving money is also the reason for the failure of the Companies

An ethically correct LM/MB would never come with an expensive issue to loot the investors. It's not about the listing price. It's also about helping companies with fair valuations and forcing them to come up with decent valuations and not loot investors. Suggesting fair issue price is the prime responsibility of the LM/MB.

But, I think moody has not reduced the rating of ael

True. But putting outlook on negative is bad indication

Moody's changes outlook on four Adani Group firms to 'negative'
These rating actions, Moody's said, follow the significant and rapid decline in the market equity values of the Adani Group companies following the recent release of a report from a short-seller highlighting governance concerns in the Group.

Moody's cuts rating outlook on 4 Adani companies

Feb 10 (Reuters) - Index provider MSCI said it will cut the weightings of four Adani Group companies, including flagship firm Adani Enterprises (ADEL.NS), in its indexes after reassessing the number of shares that are freely traded.

The move comes in the wake of a Jan. 24 report by U.S. short seller Hindenburg Research that has accused the Indian conglomerate of stock manipulation and improper use of offshore tax havens that obscure the extent of stock ownership of Adani family members in group firms. The group has denied any wrongdoing.

Any news of MSCI on Adani group?

All Adani group companies stay in msci as of now , but there is weight reduction in AEL, adani total gas, adani transmission, acc.. other companies saw weight reduction are hcl technologies, Jindal steel, shriram finance

some of the companies saw increase in weight are tcs, Infosys, icici bank, hdfc, reliance industries...

Bob, Cg power are added to the list , while biocon is removed.

https://www.moneycontrol.com/news/business/banks/credit-suisse-posts-1-4b-pre-tax-loss-as-woes-go-on-in-4q-10041391.html

^^^ Credit Suisse posts $1.4 billion pre-tax loss as woes go on in 4Q. Such an astute entity backed by super genius analysts and economists, short sellers posting such a massive loss? Who can dare downgrade 'em now? Who?

India's oldest stock exchange, on Tuesday said its board has approved divestment of 2.5% stake in Central Depository Services (India) Ltd through Offer for Sale (OFS) route.

Some of the Group shares in demand now.
Adani Wilmer on upper circuit.
AEL also posite.
Adani Port yesterday and today great going.
Good for the investors.

Is it opportunity to add or exit?

Added some Adani Wilmar shares at 382 price and Power at 177. Adani shares will soon reach new heights. Doesn't matter if BJP or Congress comes in Power in 2024 election. Both parties have same economic policies. And currently Adani have several projects running in Congress ruled states too.

@Admin - You can remove the color from Adani IPO name in home page as it is cancelled show and never be listed.

It is withdrawn and Yes can still be listed using same DRHP by taking fresh sanctions

@Admin

If Possible pls Open New Page Alway top of the table for Upcoming IPO, all discucation about new IPO will Post there.

One Comman Page for All upcoming IPO. and alway top of table. Dry Period like no IPO then members will post msg and Active there for some relevant information's.

@Admin
Since the FPO is withdrawn, we must stop discussing this any more......

But since no new IPO in main line is there....Can't help it

@Romy HNI
It's difficult to understand your views on discussion on this FPO.
In the last line you are totally different. If we "can't help it", what is the purpose of this type of message to @Admin.

Romy
Those who don't like the message on this issue may take back seat and take rest but can't be forced to stop expressing their views within the limit.