Adani Enterprises Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹1556 - ₹1638
- Lot size
- 4 shares
- Issue amount
- ₹20,000 cr
- Total subscription
- 1.12×
- Opens
- 27 Jan 2023
- Closes
- 31 Jan 2023
- Allotment
- 3 Feb 2023
- Listing
- 8 Feb 2023
Offer at a glance
Issue overview
- Issue size
- 6,47,38,475 shares
- Face value
- ₹1 Per Equity Share
- Minimum investment
- ₹6,224
- Fresh issue
- ₹20,000 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Ltd
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹6,552
- Issue type
- Book Built Issue IPO
- Shares before issue
- 0
- Shares after issue
- 0
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 4 | ₹6,552 |
| sHNI | 31 | 124 | ₹2,03,112 |
| bHNI | 153 | 612 | ₹10,02,456 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 1,995 | 2,637.8 |
| RETAIL | 3,564.56 | 449.79 |
| HNIs 2+ | 498.8 | 13.01 |
| HNIs 10+ | 997.5 | 5,217.26 |
| EMPLOYEES | 25 | 14.38 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Company information
Company profile
Adani Enterprises Limited, founded in 1988, is part of the Adani Group, one of India's leading business conglomerates with a strong presence in energy and infrastructure. As a multinational company, Adani Group operates across multiple industries and has successfully executed large-scale projects, making it a leader in various sectors. Over the years, the group has built major companies like Adani Power, Adani Ports & SEZ, Adani Transmission, Adani Green Energy, and Adani Total Gas, contributing to India’s self-reliance. Adani Group's business operations span multiple industries, including: Mining Services Edible Oil & Foods Water Data Centers Integrated Resource Management Agro Solar Manufacturing Defence & Aerospace Airports Roads, Metro & Rail Beyond business, the company is committed to sustainability and social responsibility, focusing on environmental conservation and community development. As of December 31, 2022, Adani Group had a market capitalization of ₹18,402 billion (approximately US$222 billion).
Strengths
- Diversified Business Portfolio: Operates across airports, roads, mining, data centers, green hydrogen, and other infrastructure businesses, reducing reliance on a single segment.
- Strong Project Development Capability: Proven track record of identifying, incubating, and scaling large infrastructure and emerging business opportunities.
- Exposure to High-Growth Sectors: Presence in renewable energy, logistics, and digital infrastructure provides significant long-term growth potential.
Risk factors
- Capital-Intensive Business Model: Large-scale infrastructure projects require substantial investments and continuous funding support.
- High Debt & Funding Requirements: Expansion across multiple sectors may increase borrowing needs and financial obligations.
- Regulatory & Policy Sensitivity: Operations are influenced by government regulations, approvals, and policy changes across various industries.
Promoters
Gautam S. Adani
Rajesh S. Adan
Registrar & documents
Lead manager
ICICI Securities Limited, Jefferies India Private Limited, SBI Capital Markets Limited, Axis Capital Limited, Bob Capital Markets Limited, IDBI Capital Market Services Limited, Jm Financial Limited, IIFL Capital Services Limited, Monarch Networth Capital Limited, Elara Capital (India) Private Limited
Registrar & contacts
Link Intime India Private Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Shantigram, Near Vaishnodevi Circle, S G Highway, Ahmedabad-382421
+91-79-26565555
[email protected]Company website ↗Understanding ADANIENT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.