
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹1638
Band: ₹1556 – ₹1638
Estimated Listing Price
₹1638
Upper price + GMP
Lot Size
4 shares
Min investment ₹6,552
Estimated Profit / Lot
₹0
4 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹1638 |
| 30 Oct 2026 | — | 0.0% | ₹1638 |
| 29 Oct 2026 | — | 0.0% | ₹1638 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Adani Enterprises Limited IPO is ₹0, which indicates an expected listing price of ₹1638.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.