Get the Latest Adani Wilmar IPO Details Here!

2022 is off to a bang as various companies float fresh IPOs. One such IPO ready to launch on 27 January 2022 is the Adani Wilmar IPO. Get more details of this IPO and learn about its competitive strengths before you decide to buy any stock. Let’s begin with the details.

Know About Adani Wilmar

Incorporated in 1999, this group is a 50:50 joint venture between Gautam Adani’s Adani and Singapore-based Wilmar groups. Moreover, this company is an FMCG company offering vital commodities for the Indian market such as:

• Sugar

• Rice

• Pulses

• Wheat flour

• Edible oils

This company provides these products through various brands and broad price ranges. Moreover, the Adani Wilmar Group also provides industry essentials such as:

• Oleochemicals

• Castor oil

• De-oiled cakes

• Derivatives

The leading portfolio of this company is categorised into 3 parts. They are:

1. Edible oils

2. Industry essentials

3. FMCG and packaged food

This company’s most significant brand is “Fortune,” India’s largest edible oil name in the markets. Moreover, the company has switched its focus on value-added products. Keeping in line with this, it has launched the following products:

• Edible oil products

• Fortified foods

• Khichdi

• Ready to cook soya chunks

• Rice bran health oil

Also, Adani Wilmar has been this nation’s largest importer of crude edible oil since 31 March 2021.

Details of Adani Wilmar’s Public Issue

Given below are some of the details of the Adani Wilmar public issue.

There is good news for employees bidding for these shares as they will get a Rs. 21 discount on the price of the shares.

Objectives of Adani Wilmar IPO

This company plans to aggressively acquire and merge with existing companies in the FMCG space. The objectives of this initial public offering are as follows:

• Capital expenditure (Rs. 1,900 crores)

• Repayment of debt (Rs. 1,100 crores)

• Investments and acquisitions (Rs. 500 crores)

The annual revenue of this company amounts to Rs. 37,195 crores.

Financials of the Company

Here is a summary of the financials of this company:

Note: Values are in Rs. Millions

Adani Wilmar Group’s IPO Timetable

Break-up of the Adani Wilmar IPO

• 50% of the issue has been kept reserved for Qualified Institutional Buyers.

• Non-institutional buyers will have 15% reserved for them

• Retail investors will have 35% of the offer.

Bottom Line

There are many strengths of this IPO. This company provides the household essentials required for the Indian kitchen. Moreover, it has a broad customer reach. It is a leader in the edible oil segment. There is also a wide distribution network all over India. On this note, those who wish to invest in this public issue can do so with Angel One.

Source: The Economic Times

Frequently Asked Questions

1. How many plants does Adani Wilmar have?
   

Ans. This company operates 22 plants all across the length and breadth of the country. Situated across 10 Indian states, this company has 19 refineries and ten crushing units. The refinery at Mundra has a capacity of 5,000 Metric tonnes per day. Apart from the 22 plants, this group also has 36 leased tolling units.

2. How many distributors are there for this company?

Ans. Adani Wilmar has distributors across 28 states and 8 union territories. In addition, there are 1.6 million retail outlets.

3. How many Adani Groups are already listed on the bourses?
   

Ans. The Adani Groups already has a couple of subsidiaries on the bourses. They are:

• Adani Enterprises

• Adani Green Energy

• Adani Ports and Special Economic Zone.

• Adani Power

• Adani Total Gas

• Adani Transmission

4. Who are the book running lead managers to the issue?
   

Ans. The book running lead managers are:

• BNP Paribas

• BofA Securities India

• Credit Suisse Securities (India)

• HDFC Bank

• ICICI Securities

• JP Morgan India

• Kotak Mahindra Capital

5. Who is the registrar to this issue?
   

Ans. Link InTime India is the registrar to the issue.

6. Who are the company promoters of this company?
   

Ans. Adani Commodities LLP, Adani Enterprises Limited, and Lence Pte. Ltd are the company promoters.

Disclaimer: This blog is exclusively for educational purposes and does not provide any advice/tips on investment or recommend buying and selling any stock.