The public offering of edible oil giant Adani Wilmar (AWL), including new shares, opened for subscription today and closes on January 31. The price range for the three-day share sale was fixed at Rs 218-230 per share. On Tuesday, Adani Wilmar Ltd raised Rs 9.4 crore from lead investors ahead of its initial public offering (IPO).
As of 3:30pm on the first day of the offer, the Adani Wilmar IPO was 0.50 times subscribed, with the retail investor category at 0.82 times, non-institutional investors (NII) at 0.49 times and qualified institutional buyers (QIB) at 0.50 times, BSE data showed. 0.29 times.
Complete News source : MINT
