Adani Wilmar IPO Details

IPO Open Date:  27 Jan 2022 IPO Close Date:  31 Jan 2022 IPO Listing Date:  08 Feb 2022 Minimum lot size and shares:  1 lot and 65 shares Maximum lot size and shares:  13 lots and 845 shares Refund date:  04 Feb 2022 IPO allotment Date:  03 Feb 2022 IPO Issue Type:  Book Built issue IPO

Adani Wilmar IPO

Share allotment date:  07 Feb 2022 Fresh Issue:  ₹3600 crores Face value:  ₹1 per equity share Issue Size:  ₹3600 crores Listing Exchange:  NSE and BSE IPO Price:  ₹218 to ₹230 per equity share

About Adani Wilmar Company

The company was formed in 1999 as a joint venture between Adani Group and Wilmar Group. Adani Wilmar is one of the Leading FMCG Food Company in India. They manufacture and sell primary kitchen commodities such as edible oil, wheat flour, rice, pulses, and sugar.

Adani Wilmar has three primary segments:

1. Food & FMCG 2. Edible Oil 3. Industry essential

Adani Wilmar IPO

Industry essential: Within the industry essential the company manufactures Oleochemical, Castor oil and their derivatives and Lauric & Bakery fats having 32% and 23% market share in Stearic acid and Glycerin in India. Edible Oil and Food & FMCG segment: 73% of the company’s sales in the Edible Oil Food and FMCG segment come from branded products.

Adani Wilmar IPO

Adani Wilmar brand is the market leader in the edible oil segment with an 18.3% market share.

Adani Wilmar IPO

Their brand is Fortune India’s largest selling edible oil brand. In package food also the company has covered many products such as package flour, rice, pulses, gram flour, sugar, soya chunks, and ready-to-cook khichdi.

Adani Wilmar IPO

Adani Wilmar is India’s biggest importer of crude edible oil, their Mundra (Gujarat) refinery is India’s largest edible oil refinery with a capacity of 5000 metric tons per day.

Adani Wilmar IPO

The company has 22 plants in India in which there are 10 crushing units and 19 refineries.

The company has an 18% market share in soya chunks and a 6.6% market share in the Basmati rice segment. They also have a 3.4% market share in the flour segment.