
Industrials · NSE / BSE
Adani Enterprises Limited, founded in 1988, is part of the Adani Group, one of India's leading business conglomerates with a strong presence in energy and infrastructure. As a multinational company, Adani Group operates across multiple industries and has successfully executed large-scale projects, making it a leader in various sectors. Over the years, the group has built major companies like Adani Power, Adani Ports & SEZ, Adani Transmission, Adani Green Energy, and Adani Total Gas, contributing to India’s self-reliance. Adani Group's business operations span multiple industries, including: Mining Services Edible Oil & Foods Water Data Centers Integrated Resource Management Agro Solar Manufacturing Defence & Aerospace Airports Roads, Metro & Rail Beyond business, the company is committed to sustainability and social responsibility, focusing on environmental conservation and community development. As of December 31, 2022, Adani Group had a market capitalization of ₹18,402 billion (approximately US$222 billion).
Price Band
₹1556 – ₹1638
Issue Size
₹20000 Cr
Lot Size
4 shares
GMP
Est. Listing
₹1638
at current GMP
Subscribed
1.12x
overall
Open
27 Jan 2023
Close
31 Jan 2023
Allotment
3 Feb 2023
Refund
4 Feb 2023
Demat Credit
5 Feb 2023
Listing
8 Feb 2023
Designated Registrar: Link Intime India Private Ltd
Allotment Date
3 Feb 2023
Basis finalization
Refunds Initiate
4 Feb 2023
Mandate release
Demat Credit
5 Feb 2023
Shares in demat
Listing Debut
8 Feb 2023
Trading begins
Adani Enterprises Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹20,000 Crores. The shares are offered at a price band of ₹1556 to ₹1638 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4 shares (approx. ₹6,552 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-02-05, while un-allotted funds or UPI block mandates will be released on 2023-02-04.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.