Adani Enterprises Limited
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The public market debut of Adani Enterprises Limited's was completed on Feb 08, 2023 with its listing on the NSE, BSE exchange. The IPO process raised 6,47,38,475 Shares in total capital, consisting of 6,47,38,475 Shares in new equity.
The offering featured a price range of ₹1,556 to ₹1,638 and minimum application size of 4 shares. Investor response during the subscription period from Jan 27, 2023 to Jan 31, 2023 influenced the final allotment ratios across investor categories.
Final allotment was announced on Feb 03, 2023, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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).
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diversified Business Portfolio: Operates across airports, roads, mining, data centers, green hydrogen, and other infrastructure businesses, reducing reliance on a single segment.
- Strong Project Development Capability: Proven track record of identifying, incubating, and scaling large infrastructure and emerging business opportunities.
- Exposure to High-Growth Sectors: Presence in renewable energy, logistics, and digital infrastructure provides significant long-term growth potential.
- Capital-Intensive Business Model: Large-scale infrastructure projects require substantial investments and continuous funding support.
- High Debt & Funding Requirements: Expansion across multiple sectors may increase borrowing needs and financial obligations.
- Regulatory & Policy Sensitivity: Operations are influenced by government regulations, approvals, and policy changes across various industries.
- Gautam S. Adani
- Rajesh S. Adan
Adani Enterprises Limited
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