
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
Overall Subscription
1.12x
Total Demand
QIB Multiplier
1.32x
Institutions & Funds
NII / HNI
3.50x
High Net-Worth
Retail (RII)
0.13x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 12,179,486 | 16,103,776 | 1.32x |
| NIB | 9,134,920 | 31,930,848 | 3.50x |
| HNIs(10L +) | 6,089,743 | 31,851,416 | 5.23x |
| HNIs (2-10L) | 3,045,177 | 79,432 | 0.03x |
| RETAIL | 21,761,642 | 2,745,960 | 0.13x |
| EMPLOYEES | 152,625 | 87,768 | 0.58x |
| Total | 52,363,593 | 82,799,200 | 1.12x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 10,683,761 | 1,388,889 | 0.13x |
| HNIs (10L +) | 68,340 | 239,190 | 3.50x |
| HNIs (2-10L) | 327,054 | 1,144,689 | 3.50x |
| Total Applications | 11,079,155 | 2,772,768 | 0.25x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Adani Enterprises Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹1556 to ₹1638 per equity share.
The retail lot size is 4 shares requiring a minimum application amount of ₹6,552. Expected listing price is ₹1638 per equity share.
The Adani Enterprises Limited IPO aggregate issue size is ₹20,000 Crores with an equity price band set at ₹1556 to ₹1638 per equity share. The retail lot size is 4 shares requiring a minimum capital outlay of approx. ₹6,552.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.12x (Retail: 0.13x, QIB: 1.32x, NII: 3.50x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd) and the BSE status verification website on or around 2023-02-03. Investors can verify status using PAN card or application number.
Adani Enterprises Limited shares are scheduled to list on NSE and BSE on 2023-02-08.