Adani Wilmar Limited IPO Company Profile: –
Adani Wilmar, the maker of top-selling edible oil brand “Fortune” is a joint venture between the Adani Group and top Asian agri-business player Wilmar. They are one of the fastest growing packaged food companies in India, based on the growth in revenues during the last five years (Source: Technopak Report).The company deals in three category the biggest of them all is the edible oil from where company generate around 75% of their revenue , the other two segment are packaged food & FMCG and industry essentials. Under the fortune brand company is constantly adding new product like wheat flour, pulses, ready to eat soya chunks, Khichdi etc. Company has a strong pan India network with strong brand recall they have 22 plants across the country and the biggest of them all is the Mundra Plant which has capacity of 5000 MT per day. Adani has plan to invest ₹ 2000 crore in their food business and are constantly looking for acquisition also. Company is constantly expanding its ecommerce reach, they have recently launch their Apps to reach new customer.
Company has shown strong financial performance in last 5 year, their revenue are increasing at a CAGR of 11.28% from 2015-2020, their profit are almost double from 2019, and are posting strong cash flow every year.
Adani Wilmar Limited IPO Details –
| Issue Open | – |
| Price Band | – |
| Issue Type | Book Built Offer |
| Issue Size (Value) | – |
| Face Value | Rs.1.00 |
| Issue price | – |
| Minimum lot | – |
| Market Lot | – |
| Stock Exchange | NSE,BSE |
| QIB Portion | 50% |
| NIB Portion | 35% |
| Retail Portion | 15% |
| Fresh Issue | Rs. 4500 Crore |
| Offer for Sale | – |
Adani Wilmar Limited IPO Positive outlook of the Firm:
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Growth in FMCG market is long way to go as per capita income of consumer increase, and this company is one of the fastest growing FMCG Company.
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Company is constantly innovating and entering new market and segment like soap, handwash, sanitizers etc.
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They are the largest olechemical manufacturer of India, which has a strong Pan India presence.
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Strong promoter backing in the name of Adani and Wilmar.
Adani Wilmar Limited IPO Objective of the Issue:
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Funding New capex so that they are future Ready
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Repayment/Prepayment of existing Borrowing of the company.
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Fund any of the Strategic Acquisition and Investment.
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General corporate purposes.
Adani Wilmar Limited IPO Promoters of the company:
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Adani Enterprises Limited, Adani Commodities LLP and Lence Pte. Ltd are the company promoters..
Adani Wilmar Limited IPO Financials:
| Particulars (in Rs. Cr.) | As at/ for the year ended March 31, 2021 | As at/ for the year ended March 31, 2020 | As at/ for the year ended March 31, 2019 |
| Net Worth | 3298.14 | 2570.69 | 2111.0 |
| Total revenue | 37195.65 | 29766.98 | 28919.68 |
| Net Profit | 727.64 | 460.87 | 375.52 |
| Net cash inflow/ (outflows) | 926.00 | 781.29 | 1693.03 |
Adani Wilmar Limited IPO Shareholding Pattern:
| Particulars | Pre-Issue |
| Promoters & Promoters Group | 100% |
| Public | – |
Lead Manager Details
1) ICICI Securities Limited
ICICI Centre, H. T. Parekh Marg, Churchgate, Mumbai 400 020 Maharashtra,
India Tel: +91 22 2288 2460
E-mail: adaniwilmar.ipo@icicisecurities.com
Website: www.icicisecurities.com
Investor Grievance ID: customercare@icicisecurities.com
Contact Person: Sumit Singh SEBI Registration Number: INM000011179
2) HDFC Bank Limited
Investment Banking Group Unit 401 & 402, 4th Floor Tower B Peninsula Business Park Lower Parel, Mumbai 400 013 Maharashtra,
India Tel: +91 22 3395 8233
E-mail: adaniwilmar.ipo@hdfcbank.com
Website: www.hdfcbank.com
Investor Grievance ID: investor.redressal@hdfcbank.com
Contact Person: Ravi Sharma / Harsh Thakkar
SEBI Registration Number: INM000011252`
3) BNP Paribas
1-North Avenue Maker Maxity, Bandra Kurla Complex Bandra (E), Mumbai 400 051 Maharashtra, India
Tel: +91 22 3370 4000
E-mail: dl.ipo.adaniwilmar@asia.bnpparibas.com
Website: www.bnpparibas.co.in
Investor Grievance ID: indiainvestors.care@asia.bnpparibas.com
Contact Person: Soumya Guha
SEBI Registration Number: INM000011534
4) Kotak Investment Banking:
Kotak Mahindra Capital Company Limited 1st Floor, 27 BKC Plot No. 27, ‘G’ Block Bandra Kurla Complex, Bandra (East) Mumbai 400 051 Maharashtra,
India Tel: +91 22 4336 0000
E-mail: adaniwilmar.ipo@kotak.com
Website: https://investmentbank.kotak.com Investor
Grievance ID: kmccredressal@kotak.com
Contact Person: Ganesh Rane
SEBI Registration Number: INM000008704
5) J.P. Morgan India Private Limited
J.P. Morgan Tower, Off. C.S.T. Road Kalina, Santacruz (East), Mumbai 400 098 Maharashtra, India
Tel: +91 22 6157 3000
E-mail: adaniwilmar_ipo@jpmorgan.com
Website: www.jpmipl.com
Investor Grievance ID: investorsmb.jpmipl@jpmorgan.com
Contact Person: Saarthak K Soni
SEBI Registration Number: INM000002970
6) BofA Securities India Limited
Ground Floor, “A” Wing One BKC, “G” Block Bandra Kurla Complex Bandra (East), Mumbai 400 051 Maharashtra, India
Tel: +91 22 6632 8000
E-mail: dg.adani_wilmar_ipo@bofa.com
Website: www.ml-india.com
Investor Grievance ID: dg.india_merchantbanking@bofa.com
Contact Person: Abhrajeet Banerjee
SEBI Registration Number: INM000011625
7) Credit Suisse Securities India Private Limited
9th Floor, Ceejay House Plot F Shivsagar Estate, Dr. Annie Besant Road Worli, Mumbai 400 018 Maharashtra, India
Tel: +91 22 6777 3885
E-mail: list.adaniwilmaripo@credit-suisse.com
Website: www.credit-suisse.com/in/en/investmentbankingapac/investment-banking-in-india/ipo.html
Investor Grievance ID: list.igcellmerbkng@creditsuisse.com
Contact Person: Abhishek Joshi
SEBI Registration Number: INM000011161
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