Adani Wilmar IPO Review, Dates & Financial Details 2022

Adani Wilmar incorporated in 1999 was a joint venture of Adani group and Wilmar Group. As of now Adani Enterprises, Adani Commodities LLP, and Lence Pte. Ltd are the promoters.

The Adani Wilmar IPO will hit the market soon, and you can apply for the IPO from 27th January to 31st January 2022. Adani Wilmar is planning to raise ₹ Crores through an IPO which consists of an OFS (Offer For Sale) of ₹ Crores by existing shareholders.

It comes under the FMCG sector which offers products in kitchen essentials, edible oil, wheat flour, sugar, etc. These products are offered under various brands across a diverse price range for different customer groups. 

Business is categorized into three sectors – 

  1. Edible Oil 
  2. Packaged foods and other FMCG products
  3. Kitchen essentials
Adani Wilmar IPO

Adani Wilmar’s Fortune is the most selling edible oil brand in India. The company has a strong brand value in the market which helps them outsource the raw materials easily. They were the largest importer of crude edible oil as of 31st March 2021. 

Adani Wilmar has 22 plants(10 crushing units, 9 refineries, 3 industrial units) for the production of their products in 10 states. Munra refinery is the largest single refinery at one place in India. 

Adani Wilmar IPO Dates & Price Band:

Open date27th January 2022
Close date31st January 2022
Total Size of IPO3600 Cr.
Fresh Issue ₹ Cr.
Offer for Sale₹3600 Cr.
Price Band₹218- ₹230
Face Value₹1 per share
Listing onNSE and BSE
Retail Investor’s Portion35%

Adani Wilmar IPO Market Lot:

The minimum market lot of Adani Wilmar IPO is 65 shares with 14,950 applications. Retail investors can apply for 13 lots with 845 shares application worth194,350.

ApplicationLotSharesCut Off Amount
Minimum (RII)165₹14,950
Maximum (NII)13845₹194,350

Should you subscribe to Adani Wilmar IPO?

We have researched and mentioned the strengths and risks of the Adani Wilmar IPO. The final verdict will help you make the right decision.

Strength – 

  • Leading brand in the household and kitchen essentials.
  • Fortune brand has really brought fortune to the companies and earnings. This will continue in the future as they have created a strong brand name. 
  • Leading market share in Edible oils and oleochemical.
  • Strong raw material sourcing.  
  • Solid growth in EPS as well as PAT from last 3 years.

Risks –

  • Heavy investment business as they have to set up manufacturing plants and refineries for further growth.
  • Utilization of manufacturing plants should be done continuously or else it will affect the eps. 

Honest Reviews – 

Adani Wilmar is one of those FMCG companies which investors like to hold for the long term. They are doing expansions and also utilization of their assets is great. From the last three years the eps and profits are increasing continuously this gives them immense confidence for investors to make their decisions.

Investors can invest for the listing gains in the Adani Wilmar IPO. It’s early to predict but the Adani Wilmar IPO can give great listing gains. You can keep a track of Adani Wilmar IPO GMP here.

Objectives IPO – 

  • Funding for the capital expansion of manufacturing and refineries. 
  • Repayment of borrowings. 
  • Funding further investment objectives. 
  • General corporate purposes.

Adani Wilmar IPO Allotment & Listing Dates:

Adani Wilmar IPO’s open date is 27th January and the closing date is 31st January. Allotment of shares will be done on 3rd February and the listing date on NSE & BSE is 8th February 2022.

Allotment Date for Adani Wilmar- 3rd February 2022
Refund Date for Adani Wilmar – 4th February 2022
Credit of Shares to Demat Account 7th February 2022
Listing Date for Adani Wilmar – 8th February 2022

Applying IPO through the form: 

Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully. You have to submit your filled form to the bank or broker.

Financials of Adani Wilmars IPO:

The financials of Adani Wilmar are good. From 2019 the revenue numbers are increasing constantly. Net income is also increasing slightly. Upcoming financial numbers are expected to be good so we suggest investors apply for the IPO.

YearRevenue (₹ in Cr.)Expense (₹ in Cr.)PAT Net Income (₹ in Cr.)
20192829028325375.23
2020 2972629157460.80
2021 3179936469727.55
2022 6M2459824508356.98

Adani Wilmar IPO FAQs:

When will Adani Wilmar IPO open for Investors?

Adani Wilmar IPO will open on 27th January 2022 and will close on 31st January 2022.

What is Adani Wilmar IPO Retail Portion?

The portion allocated for retail investors in Adani Wilmar IPO is 35%

How to apply for Adani Wilmar IPO?

You can apply Adani Wilmar IPO in 3 ways:
Open a Demat account through a bank or brokerage firm and apply through it.
Apply via ASBA application online through your bank.
Fill up the offline IPO form and submit it to the bank or broker.

Should I invest in Adani Wilmar IPO?

Adani Wilmar is one of those FMCG companies which investors like to hold for the long term. They are doing expansions and also utilization of their assets is great. From the last three years the eps and profits are increasing continuously this gives them immense confidence for investors to make their decisions.

What is the allotment date for Adani Wilmar shares?

27th January 2022 is the allotment date for Adani Wilmar shares.

What is the listing date for Adani Wilmar IPO?

3rd Feb 2022 is the listing date for Adani Wilmar. It will be listed on NSE and BSE.

What is the cutoff price for Adani Wilmar IPO?

The cutoff price for Adani Wilmar IPO is ₹240 per share.

Will Adani Wilmar IPO give listing gains?

Investors can invest for the listing gains in the Adani Wilmar IPO. It’s early to predict but Adani Wilmar IPO can give great listing gains by seeing its grey market premium. You can keep a track of  Adani Wilmar GMP here.

How to Apply the Adani Wilmar IPO through Upstox?

Open UPSTOX ACCOUNT. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Adani Wilmar Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate.

Spread the love