Adani Wilmar IPO allotment is likely to happen today. The bidders can check their application status online by logging on to the BSE website or the official registrar’s website for this IPO. The official registrar of Adani Wilmar IPO is Link Intime India Private Limited. The Rs 3,600 crore public issue had received a good response from investors barring its employees, as it was subscribed 17.37 times, garnering bids for 212.87 crore equity shares against an offer size of 12.25 crore equity shares.
The issue was heavily supported by non-institutional investors as their reserves saw 56.30 times subscription. The reserve share for Qualified Institutional Buyers (QIBs) and retail investors was filled at 5.73 times and 3.92 times, respectively. This was a complete fresh issue from the company’s side.
After deducting the expenses related to the issue, the net proceeds stood at Rs 3,471.48 crore, which would be used for expansion of existing manufacturing facilities and development of new manufacturing facilities, debt repayment and financing strategic acquisitions and investments.
According to market experts, Adani Wilmar IPO GMP today is priced at Rs 45, which is Rs 5 more than yesterday’s gray market premium of Rs 40.
Adani Wilmar IPO Allotment Link
As mentioned above, investors are advised to check Adani Wilmar IPO allotment status online either by logging on to the BSE website or the official website of Link Intime.
Check Adani Wilmar share allotment status through registrar link Intime India website:
– To check share allotment status, select Adani Wilmar name instead of company.
– Link to the drop-down list on the Intime India website when it is announced.
Check either PAN, Application Number or Depository/Client ID. Accordingly, enter Permanent Account Number or Application Number or Depository/Client ID in the box.
Fill the given captcha in the given box and click on submit button. This will show the number of shares that have been applied and allotted to the investor.
Check Adani Wilmar share allotment status through BSE website-
– Another way to check allotment status in Adani Wilmar is through the BSE website.
– Select ‘Equity’ in the Issue Type and ‘Adani Wilmar’ in the Issue Name from the drop-down list, when it is declared.
Enter Application Number and PAN. Click on ‘I am not a Robot’.
– In the last step, click on the Search tab to view the status details.
After the allotment, unsuccessful investors will get the money back in their bank accounts by January 4 and the equity shares will be credited to the demat accounts of eligible investors by February 7.
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