Share Market LIVE Update ,: Today is the last chance to invest money in Adani Wilmar’s IPO.
Share Market LIVE Blog , | BSE Sensex, Nifty50: Today (January 31) trading will start in the domestic market amidst the boom in most of the Asian markets. SGX Nifty is up 0.87 percent on the Singaporean Exchange, due to which the domestic equity market is showing signs of opening up. During trading today, the focus will be on stocks like Reliance, Vodafone Idea, Airtel, NTPC, Britanniae, Dr Reddy’s, Kotak Mahindra Bank, L&T, Suzlon and NTPC. Today the results of more than a hundred companies including Tata Motors, BPCL, Indian Oil, UPL, Sun Pharma, DLF, Ajanta Pharma, Exide, Shipping Corporation, UCO Bank and GIC Housing Finance will be declared. The allotment of shares of AGS Transact Tech will be final today. This IPO of Rs 680 crore was subscribed 7.79 times.
Today is the last chance to invest in Adani Wilmar IPO
Today is the last chance to invest money in the IPO of Adani Wilmar Limited (AWL), a giant company that sells many food products including edible oil under the name of Fortune brand. The IPO opened on January 27 and has been subscribed 1.13 times so far. For this IPO of Rs 3600 crore, a price band of Rs 218-230 per share and lot size of 65 shares has been fixed. The proceeds from the IPO will be used for capital expenditure, debt repayment and acquisitions.
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