Page 3 - Adani Wilmar

Adani Wilmar plans to buy local food brands with funds from upcoming IPO

Small part of proceeds will also go towards expanding its edible oil capacity in eastern India, where its capacity utilisation is high and the market is growing at a fast pace

Market wrap: Sensex pares gains to end 77 points down; Nifty holds 17,100

Bharti Airtel rises 6% on Google's $1-bn investment plan, erases gains later; PSE stocks surge ahead of Budget; CPSE index gains 1%; Adani Wilmar IPO subscribed 1.08 times on day 2

Sensex falls 884 pts from day's high, ends 77 pts down; Nifty holds 17,100

For the week, the Sensex and the Nifty indices are down 3% each

Adani Wilmar IPO gets 57% retail subscription on Day-1

Institutional portion subscribed 30%, HNI 54% and retail quota 96%

Sensex slips 581 pts amid hawkish US Fed, F&O expiry; Nifty holds 17,100

Sectorally, the Nifty PSU Bank index jumped a massive 5 per cent on the NSE, while the Nifty Bank and Private Bank indices added about a per cent each

Can you make a fortune in Adani Wilmar IPO? What brokerages say

The IPO in the price band of Rs 218 to Rs 230 per share will be open for subscription from January 27 to January 31.

Adani Wilmar IPO opens on Thursday to raise up to Rs 3,600 crore

Edible oil major Adani Wilmar will on Thursday hit the capital market to raise up to Rs 3,600 crore through its Initial Public Offer (IPO). The proceeds of the public issue will be used to fund capital expenditure, reduce debt and for acquisitions as the company seeks to become India's biggest food and FMCG company. The public issue, comprising fresh equity shares, will open for subscription on January 27 and close on January 31. Price band is Rs 218-230 per share. Adani Wilmar, which sells cooking oils and some other food products under the Fortune brand, is a 50:50 joint venture between business conglomerate Adani group and Singapore-based Wilmar. On Tuesday, Adani Wilmar Ltd had raised Rs 940 crore from anchor investors. The company has decided to allocate around 4.09 crore equity shares to anchor investors at Rs 230 apiece. Investors can bid for a minimum of 65 equity shares and in multiples thereof. Half of the issue size has been reserved for qualified institutional buyers,

Adani Wilmar Rs 3,600-cr IPO opens tomorrow: Price band, other details

The IPO comprises fresh issuance of about 15.65 crore shares worth Rs 3,600 cr and the entire proceeds will go to the company.

Adani Wilmar raises Rs 940 crore from anchor investors ahead of IPO

Adani Wilmar Ltd said it has garnered Rs 940 crore from anchor investors, days before its IPO roll-out

Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth

FMCG major Adani Wilmar has set aside Rs 450 crore from the share sale that opens later this week, to tap more acquisition-led growth opportunities primarily in its non-edible oils business.

Street signs: Adani Wilmar GMP at 40%, Asia's big IPO flops, and more

Through the IPO, Adani Wilmar is raising Rs 3,600 crore in fresh capital

Adani Wilmar fixes IPO price band at Rs 218-230 per share

The public issue of Adani Wilmar comprises fresh issue of equity shares and there will not be any secondary offering

Market wrap: Sensex ends 427 points lower, Nifty closes below 17,650

Zomato ends 9% down, slips below listing price; Supriya LifeScience tanks 18% on disappointing Q3 earnings; Adani Wilmar IPO to open on Jan 27; price band fixed at Rs 218-230 apiece

Adani Wilmar sets IPO price band at Rs 218-230 rupees, to open on Jan 27

Adani Wilmar has set the indicative price band for its initial public offering (IPO) of shares at between 218 rupees and 230 rupees apiece

Adani Wilmar to hit capital mkt with Rs 3,600 crore-IPO on January 27

Adani Wilmar, which sells its cooking oils and some other food products under Fortuna brand, has cut the size of its initial share sale to Rs 3,600 crore from the Rs 4,500 crore planned earlier

Adani Wilmar IPO will open for subscription on Jan 27: Adani Enterprises

Those holding one or more share Adani Enterprises share in demat on January 19 will be considered eligible shareholder

Adani Wilmar cuts IPO size to Rs 3,600 cr from Rs 4,500 cr: Report

Edible oil major Adani Wilmar Ltd (AWL) has cut the size of its initial share-sale to Rs 3,600 crore from the Rs 4,500 crore planned earlier, people familiar with the development said on Friday.

Top headlines: Budget session from Jan 31; WPI inflation eases to 13.56%

Business Standard brings you the top headlines on Friday

From biscuits to shampoos, prices of FMCG goods to rise again in January

Firms say hike needed to cover high input costs

Entry of competitors will open up branded oil market: Adani Wilmar CEO-MD

In a Q&A, Angshu Mallick shares the company's road map towards becoming a nationwide branded food staples consumer major