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Adani Wilmar IPO share allotment today: Here’s how to check it 

Adani Wilmar IPO share allotment today: Here’s how to check it 

The three-day IPO received bids for 212.87 crore shares against 12.25 crore shares offered by the company. The equity shares of the company will be listed on NSE and BSE.

The company is a 50:50 joint venture company between Ahmedabad-based Adani Group and Singapore’s Wilmar group. It sells cooking oils under the Fortune brand. The company is a 50:50 joint venture company between Ahmedabad-based Adani Group and Singapore’s Wilmar group. It sells cooking oils under the Fortune brand.

Adani Wilmar is likely to finalise its IPO share allotment on Thursday. Earlier, the public offer of the company was subscribed 17.37 times on the final day of subscription on January 31. The three-day IPO received bids for 212.87 crore shares against 12.25 crore shares offered by the company. The equity shares of the company will be listed on NSE and BSE.

Kotak Investment Banking, JP Morgan, BofA Securities, Credit Suisse were the global coordinators book running lead managers to the issue, while ICICI Securities, HDFC Bank and BNP Paribas were the book running lead managers. On the other hand, Link Intime India was the registrar to the issue.

The quota reserved for qualified institutional buyers (QIBs) was subscribed 5.67 times, non-institutional investors 56.30 times, and retail individual investors (RIIs) 3.92 times.

The company is a 50:50 joint venture company between Ahmedabad-based Adani Group and Singapore’s Wilmar group. It sells cooking oils under the Fortune brand.

Investors can check their allotment status by using any one of the below two methods:

A) Check IPO allotment on registrar’s website

  • Go to the website of the IPO registrar, Link Intime India or click on 'public issues'
  • Select IPO (Adani Wilmar)
  • Then, select one of the options from PAN, application number, DP/Client ID, account number or IFSC code
  • Enter necessary details and click on the submit button to know the IPO share allotment status

B) Check IPO allotment through the BSE website

  • Go to BSEIndia.com 
  • Click on investors > Status of Issue Application > Application Status Check 
  • Select issue type (equity) and Issue Name (Adani Wilmar).
  • Enter the application number and PAN Number.
  • Click on the search button to know the IPO allotment status.

Meanwhile, shares of Adani Wilmar were available at a premium of Rs 40 in the unlisted market. The company had fixed a price band of Rs 218 to Rs 230 per share for the public offer.

Also read: Adani Wilmar sets aside Rs 450 cr from IPO proceeds to tap inorganic growth

Also read: Adani Wilmar IPO subscribed 58% on day 1, retail portion booked 0.96 times

Also read: Adani Wilmar IPO opens today: Should you subscribe to the issue?

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Feb 03, 2022, 10:56 AM IST
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