Adani Wilmer IPO: Rs 3,600 crore public issue received good response from investors as it was subscribed 17.37 times
Adani Wilmer’s IPO allotment could happen today. Bidders can check the status of their application online by logging on to the BSE website or the official registrar’s website for this IPO. The official registrar of Adani Wilmar IPO is Link Intime India Private Limited. The Rs 3,600 crore public issue has received good response from investors excluding its employees as it has been subscribed 17.37 times, collecting bids for 212.87 crore equity shares against the offer size of 12.25 crore equity shares.
The issue was strongly supported by non-institutional investors as their reserves saw 56.30 times the subscription. Reserve shares for eligible institutional buyers (QIBs) and retail investors have been filled 5.73 times and 3.92 times, respectively. This was a completely new issue on the part of the company.
Excluding issue-related expenses, the net income stood at Rs 3,471.48 crore, which will be used for expansion of existing manufacturing facilities and development of new manufacturing facilities, repayment of loans and financing of strategic acquisitions and investments.
Adani Wilmer IPO: GMP
According to market experts, Adani Wilmer’s IPO GMP is priced at Rs 45 today, which is Rs 5 more than yesterday’s Rs 40 gray market premium.
Adani Wilmer IPO Assignment Link
As mentioned above, investors are advised to check the status of Adani Wilmer IPO allotment online by logging on to BSE website or Link Intime’s official website.
See the status of Adani Wilmer’s share allotment via Registrar Link Intime India website:
– To check the status of allotment of shares, select Adani Wilmer name instead of company.
– When the link to the drop-down list on the Intime India website is announced.
Check PAN, Application Number or Depository / Client ID. Accordingly, enter the Permanent Account Number or Application Number or Depository / Client ID in the box.
Fill in the given captcha in the box provided and click on the submit button. It will show the number of shares applied for and allotted to the investor.
View Adani Wilmer share allotment status through BSE website-
– Another way to check the status of allotment to Adani Wilmer is through BSE website.
– Select ‘Equity’ in the issue type and select ‘Adani Wilmer’ in the issue name from the drop-down list when it is announced.
Enter the application number and PAN. Click on ‘I am not a Robot’.
– In the last step, click on the Search tab to see the status details.
After the allotment, the failed investors will get their money back in their bank accounts by January 4 and the equity shares will be credited to the demat accounts of the eligible investors by February 7.