Adani Wilmar IPO share allotment status online, GMP, subscription and more
Adani Wilmar IPO share allotment status online: The subscription for the edible oil major Adani Wilmar IPO (initial public offering) commenced from January 27, 2022. The three day long Rs. 3600 crore IPO bidding will end today, that is January 31. Prior to its initial public offering, Adani Wilmar had raised ₹940 crore from anchor investors. Price range for the Adani Wilmar IPO has been fixed at Rs. 218 to Rs. 230. On the second day of the bidding process, on January 28, Adani Wilmar Limited had a strong response from the investors and was oversubscribed 1.13 times. Adani Wilmar IPO GMP today (grey market premium) is Rs. 25, as per market sources quoted by Live Mint.
Retail Individual Investors (RIIs) received 1.85 times the subscription on the second day of the Adani Wilmar IPO, while non-institutional investors received 88 percent and Qualified Institutional Buyers (QIBs) received 39 percent, according to BSE data. The company's shares allotment is expected to be listed on the BSE and NSE stock exchanges by February 8, 2022. Though, the subscribers have to wait for the announcement of the allotment status of the Adani Wilmar IPO. When the allotment status will be announced, you can check the application status on the official website of the Bombay stock exchange (BSE) and the company's official registrar for the IPO Link Intime. Here is how to check the status online.
To check the allotment status of Adani Wilmar IPO on the BSE website, follow these steps:
Read more on tech.hindustantimes.com
