Adani FPO

The follow-on public offer (FPO) of Adani Enterprises on Friday hit primary markets even as the group stocks fell up to 20% in morning trade in the ...

Meanwhile, grey market sentiments have remained flat in regard to Adani Enterprises FPO. So, the FPO is available at a discounted price of around 5 per cent. The flagship Adani group company, led by Gautam Adani, aims to raise ₹20,000 crore from its follow-on offer.

This FPO already has seen retail investors, high net-worth individuals (HNIs) and qualified institutional buyers (QIBs) putting in bids for the offer, ...

This accounts to 1 percent of the issue size of 4.55 crore shares. While retail investors have bought 1 percent and employees 4 percent of their allotted quota, HNIs (non-institutional investors) have bid for 27,504 shares against the reserved portion of 96.16 lakh shares, and QIBs have bought 2,656 shares of the 1.28 crore shares set aside for them. The anchor book of nearly Rs 6,000 crore, a part of QIB book, was fully subscribed on January 25.

Shares in Adani Group companies continued to fall amid Hindenburg Research report.

IHC was founded in 1998 as part of an initiative to diversify and develop non-oil business sectors in the UAE. [US investor Hindenburg Research said it was shorting](https://www.thenationalnews.com/business/2023/01/25/adani-shares-drop-after-hindenburg-report-accuses-indian-conglomerate-of-fraud/) the conglomerate’s stocks and accused companies owned by [Asia’s richest man](https://www.thenationalnews.com/business/money/2023/01/23/billionaires-will-elon-musk-skip-twitters-looming-debt-payment/) of brazen market manipulation and accounting fraud. [Adani](https://www.thenationalnews.com/business/money/2023/01/26/what-is-gautam-adanis-net-worth-after-hindenburg-report/) conglomerate have lost a combined $48 billion in market capitalisation since Wednesday, with US bonds of Adani companies also falling after Hindenburg flagged concerns in a January 24 report about debt levels and the use of tax havens, according to Reuters. Adani Group chief financial officer Jugeshinder Singh also dismissed Hindenburg Research's allegations and described them as “a malicious combination of selective misinformation and stale, baseless and discredited allegations". "Our business decisions are purely based on an analysis of objective facts, aided by the use of business intelligence and our analytics tools, which help us to achieve the maximum benefits for our shareholders under the corporate governance regulation." [International Holding Company](https://www.thenationalnews.com/business/energy/2022/05/17/abu-dhabis-ihc-completes-2bn-investment-deal-with-adani-group/) (IHC), the UAE's most valuable listed company, is "still evaluating the opportunity" to bid for Indian conglomerate [Adani Enterprises' 200 billion rupees](https://www.thenationalnews.com/business/markets/2023/01/26/abu-dhabis-ihc-may-bid-for-adani-enterprises-stake/) ($2.45 billion) follow-on sale of shares that began this week.

Adani stocks crash: What should retail investors do? Sanjiv Bhasin shares investment advice. ET Now | 27 Jan 2023, 02:48 PM IST.

Adani Enterprises' stock fell 19% to Rs 2762, well below the the offer price of its secondary sale.

Another Rs 4,165 crore will go towards repayment of debt taken by its airports, road and solar project subsidiaries. It is also developing infrastructure projects, such as roads in India. 24 report about debt levels and the use of tax havens.

Gautam Adani : Offer garners just 1% subscription on opening day, with bids worth just Rs 150 cr vs Rs 14908 cr on offer.

It will collect 50 per cent or ~1,638 per share from investors in the first tranche. When AEL set the price band for its FPO on January 18, the secondary market price was more than 10 per cent higher. Why would an investor buy the stock expensive in the FPO when it is available cheaper in the secondary market? “Even if one applies a Rs 64 discount applicable for retail investors, the stock is available 9 per cent cheaper. The shares of AEL crashed 18.3 per cent on Friday to end at Rs 2,769. The battering taken by the shares of Adani Enterprises (AEL) has raised dark clouds over the firm’s Rs 20,000-crore follow-on public offering (FPO).

The price band of the ...

A retail investor will get a retail discount of Rs 64 per share with a price on application of Rs 1638 (50 per cent of cap price). The Adani Group had a market valuation of Rs 18402 billion (about USD222 billion) as of December 31, 2022, making it one of India's largest listed groups by market capitalisation. While it suffered a setback for FY21 on account of the pandemic in line with the general trends, the company posted excellent results for the H1 of FY23 indicating its future growth prospects. Its net debts to EBITDA (on an annualized basis) were 3.61x (H1 FY23), 5.20 (FY22), 3.01x (FY21), and 2.18x (FY20). Adani stocks have been under heavy selling pressure over the last two days following a report by the US-based research company Hindenburg Research raising concerns about the debt positions of Adani group firms. Thus, the FPO appears to be highly over-priced. Since 1993, the company has a proven track record of developing sustainable infrastructure businesses. The issue is likely to be listed on the exchange on February 8, 2023. In terms of market capitalization, AEL is one of India's largest listed business incubators. The FPO market lot size is 4 shares and in multiple thereof. There could not have been a worse time than now for the company to come out with FPO, given a recent report by Hindenburg Research accusing company of fraud. The price band of the issue has been fixed at Rs 3112 to Rs 3276 per equity share.

The company received total bids of 4,70160 shares against the issue size of 4,55,06791 shares. The portion reserved for retail investors got bids for 3 ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. Response from qualified institutional investors was the weakest. The follow-on public offer (FPO) received muted response across investor categories. In this category, the company got bids for just 2,656 shares against 1,28,21,336 shares on offer. The portion reserved for retail investors got bids for 3,99,880 shares against 2,29,08,464 shares on offer.

Bids from retail investors at 3,99880 shares against 2,29,08464 shares on offer.

HNIs (non-institutional investors) have bid for 60,456 shares against the reserved portion of 96.16 lakh shares, and QIBs have bought 2,656 shares of the 1.28 crore shares set aside for them. It said four of Adani’s listed companies are on the de-listing threshold due to high promoter ownership. The company received total bids of 4,70,160 shares against the issue size of 4,55,06,791 shares.

Adani Enterprises has raised Rs 5985 crore from 33 institutional investors by allotting 1.83 crore shares under the anchor portion of its FPO.

Retail shareholders have a 35% reservation in the FPO and a discount of Rs 64 per share. Company’s shares have plunged around 20% in the last six trading sessions as AEL shares had closed at Rs 3,595 apiece on January 18. Hit by the report of US-based Hindenburg Research released on January 24, which raised concern about Adani Group’s mounting debt and alleged irregularities, the shares of AEL have fallen 15% in the afternoon trade at the Bombay Stock Exchange (BSE).

One of the biggest casualties of the fall in Adani Group stocks could be the anchor investors in the follow-on public offer (FPO) of Adani enterprises as ...

However, if the issue is subscribed less than 90%, it will be considered to have failed and the anchor investors will have to be returned the money. The investors have already paid half the amount. As many as 33 anchor investors have been allotted 18.27 million shares at Rs 3,276 per share.

Adani Enterprises is selling shares in a price band of Rs 3112 to Rs 3276. On Friday, its share price closed at Rs 2762.15 on the BSE.

Retail investors put in bids for close to 4 lakh shares against 2.29 crore shares reserved for them while qualified institutional buyers (QIBs) sought just 2,656 shares against 1.28 crore reserved for them. Against an offer of 4.55 crore shares of Adani Enterprises Ltd, only 4.7 lakh were subscribed, according to information available from the BSE. Non-institutional investors sought 60,456 shares against an offer of 96.16 lakh shares.

Adani Enterprises' stock fell 19% to Rs 2762, well below the the offer price of its secondary sale.

Another Rs 4,165 crore will go towards repayment of debt taken by its airports, road and solar project subsidiaries. It is also developing infrastructure projects, such as roads in India. 24 report about debt levels and the use of tax havens.

Gautam Adani: అదానీ ఎంటర్‌ప్రైజెస్ ఎఫ్‌పీవో ఓపెన్ అయింది. కంపెనీ ఎఫ్‌‌పీ‌ఓ ఇవాళ ప్రైమరీ ...

ఈ ఎఫ్పీవో షేర్లు లభించిన రిటైల్ ఇన్వెస్టర్లకు కంపెనీ 2 లేదా 3 వాయిదాల్లో డబ్బులు చెల్లించవచ్చని కోరనుంది. [ - https://play.google.com/store/apps/details?id=com.indiadotcom.zeetelugu ](https://zeenews.india.com/telugu/business/cheapest-second-hand-maruti-baleno-cars-used-maruti-baleno-cars-buy-only-rs-5-lakhs-in-cars-24-91089) కంపెనీ ఎఫ్పీవో గ్రే మార్కెట్లో 45 రూపాయలకు ట్రేడ్ అవుతోంది. అంతేకాకుండా..4,165 కోట్ల రూపాయలతో విమానాశ్రయాలు, రోడ్డు రవాణా, ఇతర కంపెనీల రుణాల్ని చెల్లించనున్నారు. ఎఫ్పీవో కింద కంపెనీ 3112 రూపాయల్నించి 3276 రూపాయలు ప్రతి షేర్కు ప్రైస్ బ్యాండ్ నిర్ణయించింది. ఇవాళ మార్కెట్లో అదానీ ఎంటర్ప్రైజెస్ షేర్ గురించి పరిశీలిస్తే..3405 రూపాయలకు ట్రేడ్ అవుతోంది.

adani fpo: అదానీ FPO హిట్టా, ఫట్టా ? ఓపెనింగ్ డే సేల్ ఇంతేనా.. ?? ... adani fpo: ఆసియా ఖండంలోనే అత్యంత ...

BSEలో అదానీ గ్యాస్ షేర్లు 19.65 శాతం, ట్రాన్స్మిషన్ 19 శాతం, గ్రీన్ ఎనర్జీ 15.5 శాతం, ఎంటర్ప్రైజెస్ 6 శాతం పతనమయ్యాయి. శుక్రవారం నుంచి FPO ద్వారా నిధుల సమీకరణకు అదానీ ఎంటర్ ప్రైజెస్ లిమిటెడ్ సిద్ధమైంది. అయితే FPO కు ముందే యాంకర్ ఇన్వెస్టర్ల నుంచి సుమారు 6 వేల కోట్ల రూపాయలను సమీకరించినట్లు కంపెనీ బుధవారం ప్రకటించింది. హిండెన్ బర్గ్ నివేదిక వల్ల మొదటిరోజే ఈ FPO కు గట్టి షాక్ తగిలింది. హిండెన్ బర్గ్ నివేదిక తీవ్ర ప్రభావాన్ని చూపింది. అమెరికాకు చెందిన హిండెన్ బర్గ్ నివేదిక స్పష్టం చేయడమే ఇందుకు కారణం.

హిండెన్‌బర్గ్‌ నివేదికతో అదానీ గ్రూప్‌ కంపెనీలపై మదుపరుల నమ్మకం బాగా దెబ్బతింది.

హిండెన్బర్గ్ నివేదికతో అదానీ గ్రూప్ కంపెనీలపై మదుపరుల నమ్మకం బాగా దెబ్బతింది. ఎఫ్పీఓ ప్రైస్ బ్యాండ్ రూ.3,112-3,276 కంటే ఓపెన్ మార్కెట్లో 11 నుంచి 15.5ు తక్కువ ధరకు అదానీ ఎంటర్ప్రైజెస్ షేర్లు లభించడమే ఇందుకు కారణం. శుక్రవారం ప్రారంభమైన అదానీ ఎంటర్ప్రైజెస్ రూ.20,000 కోట్ల ఎఫ్పీఓ సబ్స్ర్కిప్షనే ఇందుకు ఉదాహరణ.

Adani Enterprises FPO: Amid bloodbath on Dalal Street and Hindenburg Research report raising concern over debt positions of Adani group companies, ...

After day one of bidding the follow-on offer has been subscribed just 0.01 times whereas its retail portion got subscribed 0.02 times. Meanwhile, grey market mood is also not encouraging for the company and its promoters. Adani Enterprises FPO: Amid bloodbath on Dalal Street and Hindenburg Research report raising concern over debt positions of Adani group companies, the follow-on public offer (FPO) of Adani Enterprises Ltd opened for subscription on Friday.

Institutional investors bid for 2,656 shares. "I think the investors who are putting in money will also be fighting this particular situation, and nobody would ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). It intends to spend '10,869 crore for projects including the green hydrogen ecosystem, airport facilities, and the construction of a greenfield expressway. Investors must pay 50% of the offer price when placing bids and the remaining on one or more subsequent calls, as decided by the board. Adani Enterprises dropped 18.52% to close at '2,762.15, while several stocks in the conglomerate plunged to their daily permissible limits of 20% and 5%, respectively. The non-institutional investor category-including HNIs and corporates- got bids for 60,456 shares or 1%. The FPO received subscriptions for about 2% for the retail investor category.

Adani Enterprises का एफपीओ आज 27 जनवरी 2023 को खुला है, जिसमें निवेशक 31 जनवरी तक पैसा लगा सकेंगे.

(Disclaimer: एफपीओ में निवेश की सलाह एक्सपर्ट के द्वारा दी गई है. अडानी इंटरप्राइजेज एफपीओ ग्रे मार्केट में 100 रुपये के प्रीमियम पर है. Swastika Investmart Ltd के इक्विटी मार्केट हेड, गिरीश सोडानी का कहना है कि रिटेल निवेशकों के लिए FPO के जरिए कंपनी के शेयरों को डिस्काउंट पर खरीदने का एक अच्छा अवसर है. रिटेल निवेशकों को प्राइस बैंड पर छूट है. रिटेल निवेशकों का हिस्सा 1 फीसदी सब्सक्राइब हुआ है. इश्यू के पहले दिन दोपहर 3 बजे तक यह सिर्फ 1 फीसदी ही सब्सक्राइब हुआ है.

इंटरप्राइजेज का एफपीओ जो शुक्रवार से खुला, उसमें भी कमजोर रिस्पांस मिला है।

गौतम अडानी समूह की प्रमुख कंपनी अडानी एंटरप्राइजेज के फॉलो-अन पब्लिक ऑफर (FPO) को पहले ...

बता दें कि आवेदन के पहले दिन एफपीओ केवल 1 प्रतिशत सब्सक्राइब हुआ। बीएसई पर उपलब्ध सूचना के अनुसार अडानी एंटरप्राइजेज लिमिटेड के एफपीओ के पहले दिन 4.55 करोड़ शेयर के बदले केवल 4.7 लाख शेयरों के लिए ही बोली आई। कंपनी ने एफपीओ के लिए प्राइस बैंड: 3112 से 3276 रुपये प्रति शेयर रखा हुआ है। रिटेल निवेशकों ने 4 लाख शेयरों के लिए आवेदन किए जबकि उनके लिए 2.29 करोड़ शेयर आरक्षित हैं। वहीं पात्र संस्थागत खरीदारों की श्रेणी में 1.28 करोड़ शेयर के मुकाबले केवल 2,656 शेयर के लिए बोली आई। गैर-संस्थागत निवेशकों ने 60,456 शेयर के लिये बोली लगायी जबकि पेशकश 96.16 लाख शेयर की है। कंपनी का एफपीओ 31 जनवरी को बंद होगा। इसके पहले अडानी एंटरप्राइजेज ने एंकर यानी बड़े निवेशकों से 5,985 करोड़ रुपये जुटाए थे। बीएसई पर उपलब्ध सूचना के अनुसार अडानी एंटरप्राइजेज लिमिटेड के एफपीओ के पहले दिन 4.55 करोड़ शेयर के बदले केवल 4.7 लाख शेयरों के लिए ही बोली आई।