Adani Wilmar IPO: GMP, Price Band, Other Details You Need to Know

Here we list down the important details regarding Adani Wilmar IPO:

– Adani Wilmar IPO GMP: As mentioned above, the Adani Wilmar IPO Gray Market Premium (GMP) today is 65 means the gray market is expecting a good profit from this public issue.

– Adani Wilmar IPO Date: The public issue will open for subscription on 27 January 2022 and will be available for bidding till 31 January 2022.

– Adani Wilmar IPO Price Band: The management of FMCG Food Company has fixed the public issue price band 218 to 230 per equity share.

– Adani Wilmar IPO Size: Company management aims to raise 3,600 crore from its public issue.

– Adani Wilmar IPO Lot Size: A bidder will be able to apply in lot and one lot of public issue comprises 65 Adani Wilmar shares.

– Adani Wilmar IPO Application Range: A bidder can apply for a minimum of one lot and a maximum of 13 lots.

– Adani Wilmar IPO Investment Limit: As mentioned above, a bidder can make a minimum of one application and a maximum of 13 applications, which means that the minimum investment allowed in a public issue is 14,950 ( 230 x 65) while the maximum investment allowed in IPO is 1,94,350 [( ₹230 x 65) x 13],

– Adani Wilmar IPO Allotment Date: The tentative date for allotment of shares is February 3, 2022. The refund is expected to commence on 4th February while credit of Adani Wilmar shares to the demat account of the applicants on 7th February 2022.

– Adani Wilmar IPO Listing: Shares of Adani Wilmar will be listed on both NSE and BSE.

Adani Wilmar IPO Listing Date: The tentative date for listing of Adani Wilmar shares is February 8, 2022.