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Adani Wilmar Limited IPO (Adani Wilmar IPO) Detail

January 27, 2022 - January 31, 2022

Adani Wilmar IPO is a book built issue of Rs 3,600.00 crores.

Adani Wilmar IPO bidding started from January 27, 2022 and ended on January 31, 2022. The allotment for Adani Wilmar IPO was finalized on Thursday, February 3, 2022. The shares got listed on BSE, NSE on February 8, 2022.

Adani Wilmar IPO price band is set at ₹218 to ₹230 per share. The minimum lot size for an application is 65 Shares. The minimum amount of investment required by retail investors is ₹14,950.

The issue includes a reservation of up to 5,431,472 shares for employees offered at a discount of Rs 21 to the issue price.

Bnp Paribas, Bofa Securities India Limited, Credit Suisse Securities (India) Private Limited, Hdfc Bank Limited, ICICI Securities Limited, J.P. Morgan India Private Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the Adani Wilmar IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Adani Wilmar IPO RHP for detailed information.

Adani Wilmar IPO Details

IPO Date January 27, 2022 to January 31, 2022
Listing Date February 8, 2022
Face Value ₹1 per share
Price Band ₹218 to ₹230 per share
Lot Size 65 Shares
Total Issue Size[.] shares
(aggregating up to ₹3,600.00 Cr)
Employee Discount Rs 21 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue1,142,948,860
Share holding post issue1,299,938,041

Adani Wilmar IPO Reservation

Adani Wilmar IPO offers 122,546,150 shares. 28,743,118 (23.45%) to QIB, 21,557,340 (17.59%) to NII, 50,300,459 (41.05%) to RII, 5,431,472 (4.43%) to employees. 773,853 RIIs will receive minimum 65 shares and (sNII) and (bNII) will receive minimum 910 shares. (in case of oversubscription)

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Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered28,743,118 (23.45%)NA
NII (HNI) Shares Offered21,557,340 (17.59%)
Retail Shares Offered50,300,459 (41.05%)773,853
Employee Shares Offered5,431,472 (4.43%)NA
Other Shares Offered16,513,761 (13.48%)NA
Total Shares Offered122,546,150 (100%)

Adani Wilmar IPO Timeline (Tentative Schedule)

Adani Wilmar IPO opens on January 27, 2022, and closes on January 31, 2022.

IPO Open Date Thursday, January 27, 2022
IPO Close Date Monday, January 31, 2022
Basis of Allotment Thursday, February 3, 2022
Initiation of Refunds Friday, February 4, 2022
Credit of Shares to Demat Monday, February 7, 2022
Listing Date Tuesday, February 8, 2022
Cut-off time for UPI mandate confirmation 5 PM on January 31, 2022

Adani Wilmar IPO Lot Size

Investors can bid for a minimum of 65 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 65 ₹14,950
Retail (Max) 13 845 ₹194,350
Lot Size Calculator

Adani Wilmar IPO Promoter Holding

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

Share Holding Pre Issue 100%
Share Holding Post Issue 87.92%

About Adani Wilmar Limited

Incorporated in 1999 as a joint venture between Adani Group and the Wilmar Group, Adani Wilmar isย 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.

Competitive Strengths:

  • Diversified product portfolio with leading brands catering to most daily essentials of an Indian kitchen.
  • Strong brand recall and broad customer reach.
  • Leadership in branded edible oil and packaged food business in India.
  • One of the largest basic oleochemical manufacturers of India.
  • Strong raw material sourcing capabilities from top global suppliers.
  • An integrated business model with well-established operational infrastructure and strong manufacturing capabilities.
  • Pan-India distribution network supported by a robust distribution infrastructure.
  • Focus on environmental and social sustainability.
  • Professional management and experienced board.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (โ‚น in Millions)
ย  30-Sep-21 31-Mar-21 31-Mar-20
Total Assets 179,237.07 133,266.39 117,859.17
Total Revenue 249,572.86 371,956.58 297,669.86
Profit After Tax 3,571.33 7,276.49 4,608.72

Key Performance Indicator

The market capitalization of Adani Wilmar IPO is Rs 29887.82 Cr.

Pre IPO Post IPO
P/E (x) 44.66

Objects of the Issue (Adani Wilmar IPO Objectives)

  • Funding capital expenditure for expansion of existing manufacturing facilities and developing new manufacturing facilities (โ€œCapital Expenditureโ€);
  • Repayment/prepayment of borrowings;
  • Funding strategic acquisitions and investments; and
  • General corporate purposes.

Adani Wilmar IPO Review (May apply)

[Dilip Davda]  This is the Adani group FMCG segment. It has marked remarkable growth so far. The group is coming out with a public issue after nearly 12 years. Adani Group shares are fancied across the board of investors. Only about 12% of equity is getting diluted by this issue. Though the issue is fully priced, investors may consider investment with a long term perspective. Read detail review...


Adani Wilmar IPO Subscription Status (Bidding Detail)

The Adani Wilmar IPO is subscribed 17.37 times on January 31, 2022 5:00:00 PM. The public issue subscribed 3.92 times in the retail category, 5.73 times in the QIB category, and 56.30 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 3.3 times

CategorySubscription (times)
QIB5.73
NII56.30
Retail3.92
Employee0.51
Others33.33
Total17.37

Adani Wilmar IPO Shareholders Category Explained

Investors who hold Adani Enterprises Limited (AEL) shares on the 19th Jan 2022 (the date of filing RHP with SEBI) are eligible to apply under the shareholder's (SH) category of Adani Wilmar IPO.

Eligibility for IPO applications across category

  • AEL shareholders can also apply under the Retail/HNI/Employee category.
  • AEL Shareholders (investing below Rs 2L) can also apply in Retail/HNI/Employee category.
  • AEL Shareholders (investing above Rs 2L) can also apply in Retail/Employee category (HN bid is not permitted in ths case)
  • AEL shareholders can apply maximum up to reserved portion (~Rs 360 Cr) for the SH category.

Allotment in Shareholders Category

Allotment in shareholder category will be done in proportionate basis (similar to NII/HNI category). Minimum allotment is 1 lot.

Must read...

  • Zerodha, Upstox, Groww and other discount brokers only allowing 1 IPO application (UPI) per customer. To apply 2nd application, use your net banking facility (ASBA).
  • The shareholder list is prepared on PAN. Shareholders can apply from a different demat account (on the same name) where they do not hold AEL shares. The physical shareholder can also apply in the shareholder's category.
  • 'An investor will be identified by the PAN Number and not the Demat Account.' Registrar Link Intime
  • When using UPI as a payment method, the primary account holder in the bank and demat should be the same person. Use of 3rd party UPI ID or 3rd party bank account is not allowed.
  • 3rd Party IPO Application - When using ASBA, up to 5 IPO applications can be applied from the same bank, if the bank offers this facility. Public sector banks (like SBI) offer this facility.
  • Minors can only apply using ASBA from the banks that offer the 3rd Party ASBA IPO application. i.e. SBI. Click here for more detail.

Adani Wilmar IPO Prospectus

Adani Wilmar IPO Rating

2671
4.2
Rating:Rated 4.2 stars
Vote Here ...

Adani Wilmar IPO Listing Details

Listing Date February 8, 2022
BSE Script Code 543458
NSE Symbol AWL
ISIN INE699H01024
Final Issue Price ₹230 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹230.00
₹221.00
₹221.00
₹265.20
₹265.20
NSE
₹230.00
₹227.00
₹227.00
₹271.25
₹268.25

Check IPO Performanceโ€ฆ

Adani Wilmar Limited Contact Details

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/

Adani Wilmar IPO Registrar

Link Intime India Private Ltd

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

Adani Wilmar IPO FAQs

Adani Wilmar IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹3,600.00 Crores. The issue is priced at ₹218 to ₹230 per share. The minimum order quantity is 65 Shares.

The IPO opens on January 27, 2022, and closes on January 31, 2022.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Adani Wilmar IPO using UPI as a payment gateway. Zerodha customers can apply in Adani Wilmar IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Adani Wilmar IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Adani Wilmar IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Adani Wilmar IPO opens on January 27, 2022 and closes on January 31, 2022.

Adani Wilmar IPO lot size is 65 Shares, and the minimum amount required is ₹14,950.

You can apply in Adani Wilmar IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Adani Wilmar IPO will be done on Thursday, February 3, 2022, and the allotted shares will be credited to your demat account by Monday, February 7, 2022. Check the Adani Wilmar IPO allotment status.

The Adani Wilmar IPO listing date is on February 8, 2022.
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Adani Wilmar IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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3664 Comments

1254. MehulStk |   Link |  Bookmark |February 28, 2022 9:47:07 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Who is buying AWL in such market condition, are we missing something here which they are seeing??
1253. K.Atar |   Link |  Bookmark |February 24, 2022 12:05:52 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
SOLD ALL AWL SHARES (4+2 lots) NOW.
Best of luck all to everyone.
1253.1. SRINIBAS REDDY |   Link |  Bookmark |February 25, 2022 12:34:40 AM
market crash or any specific reason?
1253.2. K.Atar |   Link |  Bookmark |February 25, 2022 7:49:41 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
@SRINIBAS REDDY JI
No specific reason, just wanted to book profit and leave it. It still has juice in it after-all it belongs to Adani Group.

1252. Anandi |   Link |  Bookmark |February 21, 2022 1:08:47 PM
Holing OR Selling ?
As price going down day by day
1252.1. ipo virgin |   Link |  Bookmark |February 21, 2022 9:23:12 PM
Still holding 1 lot..for long term.
1251. Mk sharma |   Link |  Bookmark |February 19, 2022 7:07:36 PM
What is Best price for long term purchase
1250. Rahul Soni Rajkot๐Ÿ˜Ž |   Link |  Bookmark |February 17, 2022 2:28:59 PM
Dear Experts/Forum Members,

What is the view at the current price (i.e 363) any chances for up more near level of 400? or sold the holding at current price and booked the profits...

Tx in Advance...
1249. All Time High |   Link |  Bookmark |February 14, 2022 9:23:31 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@Lokesh.
When will the results be out (expected time)? Please share your views for buying / skipping once the results are out.
Thanks!
1249.8. All Time High |   Link |  Bookmark |February 15, 2022 10:08:17 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@Lokesh Chiru
Thanks for your detailed view! ๐Ÿ˜Š
1249.9. VentureStack Partners |   Link |  Bookmark |February 21, 2022 3:16:14 PM
Thanks @LokeshChiru! The information you've shared would come in handy to a lot of people who may be wanting to get into the stock for a long haul.

Greetings @DharmendraSharma! The stock is currently in the overbought territory witnessing high volatility so wait for it to stabilise. While the company fundamentals and results have been good, the current data is insufficient to technically take a fully informed decision for a long haul investment. Wait and watch by being on the sidelines for now!
1248. kamalesh |   Link |  Bookmark |February 14, 2022 11:41:39 PM
Adani Wilmar Q3 net profit rises 66%, revenue up 40%
1247. UjwalG |   Link |  Bookmark |February 14, 2022 1:43:09 PM
IPO Guru IPO Guru (1300+ Posts, 600+ Likes)
Q3 results
Revenues of Rs 14,379 crore, up 41% QoQ
PBT of Rs 306 crore, up 79% QoQ
Net Profit of Rs 211 crore, up 66% QoQ
1247.2. ultrasnow |   Link |  Bookmark |February 14, 2022 3:26:02 PM
Adani festive season is until 2024 (and possibly beyond)
1247.3. StockTerminator |   Link |  Bookmark |February 14, 2022 5:19:42 PM
IPO Mentor IPO Mentor (700+ Posts, 700+ Likes)
Very strong result, better than expected
1246. Hashsting |   Link |  Bookmark |February 14, 2022 1:40:53 PM
Need Guidance
Buy Now or Wait for the fall and What should be the buying range. someone's not letting this go below 350
1245. Gujju IPO |   Link |  Bookmark |February 14, 2022 8:35:52 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Price band 10% from today
1244. Black Swan |   Link |  Bookmark |February 13, 2022 9:54:10 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
The government on Saturday brought down the effective duty on crude palm oil import to 5.5 per cent from 8.25 per cent earlier, a move which will help control cooking oil prices and support domestic processing companies.

Great news
1244.5. Have Faith ๐Ÿ™ |   Link |  Bookmark |February 15, 2022 8:56:02 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
@poweruser these data of 5 percent 7 percent are there just to make people fool or to make headlines in so called media channels....in real life common man is badly affected with inflation ....poor class gets free majority of things ...rich class does not get affected ....only middle class suffers ...
1244.6. Cautious ProPrio |   Link |  Bookmark |February 15, 2022 10:36:44 AM
IPO Guru IPO Guru (2100+ Posts, 1200+ Likes)
General people unable to understand or dont aware how can wholesale inflation continued hovering near 15/16 percent and retail inflation cooked near 5/6 since few years..
1243. Asoke sarkar |   Link |  Bookmark |February 13, 2022 7:48:59 PM
IPO Mentor IPO Mentor (700+ Posts, 800+ Likes)
LIC IPO , submitted to SEBI
Valuation about 12.6 lac cr
IPO size about 63000 cr
1242. True IPO Lover |   Link |  Bookmark |February 11, 2022 10:20:06 AM
Huge selling pressure. Sold everything. Please suggest next buy price.
@lokesh @noorul @CautiousIPO and other experts any suggestions?
1242.11. Amit Kumar Yadav |   Link |  Bookmark |February 23, 2022 12:17:19 PM
IPO Mentor IPO Mentor (700+ Posts, 300+ Likes)
I couldn't add more at these level. I thought it will go below 300 but it didn't. I have currently 100 shares at 360.. can't add right now as its at upper circuit. Let's see what happens tomorrow.
1242.12. ultrasnow |   Link |  Bookmark |February 23, 2022 2:53:18 PM
Still holding all allotted shares (101 qty)
1241. Avadhesh |   Link |  Bookmark |February 11, 2022 10:25:30 AM
Sold half of the alloted shares at 415... just before the downward slide...

Letโ€™s see how the operators move it now.

@lokes is it worth holding for long term now???
1241.1. lokes |   Link |  Bookmark |February 13, 2022 5:56:22 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@Avadhesh: yes its worth for holding long term. More than 12 months or so...
These are just short term movements, much due to FOMO. Tomorrow results will come and it may give some more short term big movement on any side.
But share should perform good in future. it has enough scope of growth in business and also its PE is still attractive in comparison to other FMGC peers and adani will have more brand premium definitely in longer run.
1240. Jetha Lal |   Link |  Bookmark |February 13, 2022 10:51:32 AM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
Trade or make position with caution.
If Russia invades Ukraine which appears very much possible and in near term then market will fall like cards.
1239. Chem cho |   Link |  Bookmark |February 11, 2022 8:03:11 AM
IPO Guru IPO Guru (2600+ Posts, 2700+ Likes)
For me RS 400 is maximum price of this share
more specalative action than real value
for this week it may trade between Rs 385-RS400
i feel speculators will wind their position
buy on dips Rs 350 -325
1239.7. Chem cho |   Link |  Bookmark |February 13, 2022 9:32:12 AM
IPO Guru IPO Guru (2600+ Posts, 2700+ Likes)
@ Manjitsing
chittorgarh does not allow out of IPO qoute like adani green adani gas
hence you can ask for any IPO quries which are 6 months old from ipo listing

sorry
1239.8. Chem cho |   Link |  Bookmark |February 13, 2022 9:35:48 AM
IPO Guru IPO Guru (2600+ Posts, 2700+ Likes)
shryan Mabian
good you will have tension free sleep at night
this is how to invest other wise for one loss of share
you will make mistake in other share as you will not
be able to consentrate in other scrip
1238. CAPTION T S |   Link |  Bookmark |February 12, 2022 11:41:33 PM (300+ Posts)
GOOD NEWS ABOUT TCS BUYBACK

TCS BUYBACK RECORD DATE FIXED AS 23rd FEBRUARY ๐Ÿ˜๐Ÿ˜

FOR TCS BUYBACK LAST DAY TO PURCHASE SHARES IS 18th FEBRUARY

19-20 FEBRUARY IS HOLIDAY

YOU CAN ALSO BUY ON 21st FEBRUARY BUT SOMETIMES DUE TO SHORT DELIVERY PROBLEM CAN HAPPEN

SO 18th FEB. IS GOOD DATE TO PURCHASE TCS ๐Ÿ‘
1237. Hostpacker |   Link |  Bookmark |February 12, 2022 6:53:36 PM
Ruchi Soya likely to launch Rs 4,300-cr FPO in last week of Feb. 2022

1236. ipobull |   Link |  Bookmark |February 11, 2022 1:17:05 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
My gut feeling is that even if Adani Wilmar brings up nice results on Monday, there could be a knee jerk reaction up to 310-330 levels mainly because of the sharp run up its had. But buy this gold @ those levels for long term.
I would mention another stock -Zomato which has narrowed down its losses commendably with revenue almost doubling YOY. Next quarter, I am sure Zomato will report profit. It is available cheap now. Just grab it. It will be at least 50% up @ 135 in a year, if not in 6 months.
1236.6. ipobull |   Link |  Bookmark |February 11, 2022 11:59:40 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
@Have Faith,
Please mind your words. I never misguide people. I have given right advises on IPOs. Please note that Zomato is exiting in some of its foreign subsidiaries, which were a burden for it. That gives it a greater focus on mainly Indian business where there is a huge untapped market. If you are looking at exceptional item, also go into the details of Other expenses (6000 million extra YOY) . Also, look at other parameters. Almost half of the annual transacting customers in CY21 were โ€˜new customersโ€™ for Zomato. Average monthly active food delivery restaurants have grown by 6x and average monthly transacting customers have grown by 13x on Zomato over the past 5 years. The food delivery GOV has grown by 17x on Zomato over the past 5 years. Again mind my words. It will be at least 50% up @ 135 in a year. Let us have a challenge.
1236.7. PowerUser |   Link |  Bookmark |February 12, 2022 2:48:48 PM (200+ Posts)
Adani wilmar may take same route as Adani ports for inorganic growth with acquisitions.
Zomato sold it investment in one of the startup and booked profit. This is onetime. Actually this time result is disappointing. But still I think its a long term story and they mentioned they are already profitable in big cities. Added more zomato along with doordash.
1235. Hostpacker |   Link |  Bookmark |February 11, 2022 3:46:12 PM

Clean Science
Data Pattern
Rossari Biotech
Medplus Health
Adani Wilmar
HDFC Bank
Bharti Airtel
Any thing need to change ?

1235.3. Lokesh Chiru |   Link |  Bookmark |February 12, 2022 12:34:39 AM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Strong hold:
Clean science
Adani Wilmar
HDFC Bank
Airtel
1235.4. PowerUser |   Link |  Bookmark |February 12, 2022 2:44:08 PM (200+ Posts)
I am holding all most all of these :)
Clean Science - Strong margins.. huge capacity being added, for me its strong conviction stock, adding on dips.
Data Pattern -Looks good for long term, I will be happy if CAGR 15% stock price
Rossari - Was promising, but margins going down with acquisitions, need strong execution, will not add more till they show some improvement in margins. I will give 1 more year for it.
MedPlus - interesting play, needs to watch for margins and store expansion
Adani wilmar - still holding it, long term play, expecting more high stream play.
HDFC bank - cheap among best stocks, but new CEO yet to earn spurs.
Airtel - I exited it, huge capex coming for 5G, though ARPUs improving. In developed world telecoms are cash cows for investors not india, not yet.