Replace on Adani Wilmara’s proposed IPO

Adani Enterprises introduced that it has been knowledgeable by Adani Wilmar (AWL) (a 50:50 three way partnership firm between Adani Group and Wilmar Group) that the IPO Committee of AWL has finalized the value band in session with the E book Operating Lead Managers. Have given. To vary between Rs. 218 to Rs. 230 per fairness share of face worth of Rs. 1 to every.

As well as, fairness shares aggregating as much as Rs. 107 crore might be accessible for allotment of eligible staff and fairness shares as much as Rs. 360 crore might be accessible for allocation to sure eligible AEL shareholders within the method described within the Crimson Herring Prospectus dated 19 January 2022 (RHP) filed by AWL. An worker low cost of Rs. 21 per fairness share might be supplied to the eligible staff bidding within the worker reservation portion.

Additional, the bid heaps for the difficulty have been finalized in multiples of 65 fairness shares and thereafter 65 fairness shares.

operated by Capital Markets – Stay Information

(This story has not been edited by Enterprise Commonplace staff and is mechanically generated from a syndicated feed.)

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First revealed: Mon, 24 January 2022. 11:37 IST

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