Adani-Wilmar-Limited-IPO-elite-wealth
IPO-Note Adani Wilmar Limited
Rs 218 – Rs 230  per Equity share Recommendation: Subscribe

Adani Wilmar Limited IPO Company Profile:

Adani Wilmar is an FMCG Arm of Adani group. AWL is a joint venture incorporated in 1999 between the Adani Group, and the Wilmar Group, Adani Wilmar offer most of the primary kitchen commodities including edible oil, wheat flour, rice, pulses and sugar, which account for approximately 66% of the spending on primary kitchen commodities in India. As of March 31, 2021, the Refined Oil in Consumer Packs market share of its branded edible oil was 18.3%, as dominant No. 1 edible oil brand in India “Fortune”. It has been leveraging its fortune brand name and entering new markets like packaged wheat flour, rice, pulses, besan, sugar, soya chunks and khichdi. Company is among the fastest growing packaged food companies in India, Adani wilmar has 5,590 distributors in India located in 28 states and eight union territories, catering to over 1.6 million retail outlets.

Adani Wilmar Limited IPO Details – 

Issue Details
Objects of the issue  ·          Funding Capital Expenditure

·          Repayment of Borrowing

·          Funding future Acquisitions.

·          General Purposes 

Issue Size Total issue Size – Rs.3600 Cr.

Offer for Sale – Rs.3600 Cr.

Face value Rs.1.00 Per Equity Share
Issue Price Rs. 218 – Rs.230
Bid Lot 65 shares
Listing at  BSE, NSE
Issue Opens: 27th Jan, 2022 – 31st Jan, 2022
QIB 50% of Net Issue Offer
Retail 35% of Net Issue Offer
NIB 15% of Net Issue Offer

 

      Adani Wilmar Limited IPO

Wants To Apply Online

Trade AnyTime AnyWhere With Elite Empower Mobile App

Elite-Empower-App-Promotional-Banner

Adani Wilmar Limited IPO Strengths:

  • Adani wilmar is the leader in edible oil brand.

  • 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.

  • Company is constantly innovating and entering new market and segment like soap, handwash, sanitizers etc.

  • They are the largest olechemical manufacturer of India, which has a strong Pan India presence.

  • Strong promoter backing in the name of Adani and Wilmar.

Check  Adani Wilmar Limited IPOAllotment Status

Go  Adani Wilmar Limited IPOallotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

  1. To  Adani Wilmar Limited IPO Allotment Status
  2. Go to Application Status
  3. Select IPO as  Adani Wilmar Limited IPO
  4. Enter your PAN Number or Application Id or DP Client Id.

 

 Adani Wilmar Limited IPO

Application Form

Adani Wilmar Limited IPO Financial Performance:

Adani-Ipo-Financial-Performance

Adani Wilmar Limited IPO Shareholding Pattern:

Shareholding Pattern Pre- Issue Post Issue
Promoters & Promoter Group 100%     87.92%
Public  – 12.08%

Adani Wilmar Limited IPO Risk Factors:

  • Company deals in very low margin segment.
  • All the big company are also entering this market which will impact their revenue company.
  • Since company is very much dependent of imported raw material, any disruption in the world can impact supply

Adani Wilmar Limited IPO Outlook:

Adani Wilmar has an integrated business model with well-established operational infrastructure and strong manufacturing capabilities. They have strong raw material sourcing capabilities and have a pan India presence. Adani wilmar portfolio consists of three category edible oil, packaged food and FMCG and industry essentials. A majority of sales pertain to branded products accounting for approximately 73% of edible oil and food and FMCG sales volume for the financial year 2021 Company 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 also looking for acquisition for future expansion. Company is constantly expanding its ecommerce reach. Considering the long term growth prospect, with very strong promoter backing and strong financial performance we recommend SUBSCRIBE to the IPO.

Disclosure in pursuance of Section 19 of SEBI (RA) Regulation 2014

Elite Wealth Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only information in making their investment decision and must exercise their own judgment before making any investment decision.
For analyst certification and other important disclosures, see the Disclosure Appendix, or go to www.elitewealth.in. Analysts employed by Elite Wealth Limited are registered/qualified as research analysts with SEBI in India.( SEBI Registration No.: INH100002300)
Disclosure Appendix
Analyst Certification (For Reports)
Israil Khan, Elite Wealth Limited, suhail@elitewealth.in
The analyst(s) certify that all of the views expressed in this report accurately reflect my/our personal views about the subject company or companies and its or their securities. I/We also certify that no part of my compensation was, is or will be, directly or indirectly, related to the specific recommendations or views expressed in this report. Unless otherwise stated, the individuals listed on the cover page of this report are analysts in Elite Wealth Limited.
As to each individual report referenced herein, the primary research analyst(s) named within the report individually certify, with respect to each security or issuer that the analyst covered in the report, that:
(1) all of the views expressed in the report accurately reflect his or her personal views about any and all of the subject securities or issuers; and
(2) no part of any of the research analyst’s compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in the report.
For individual analyst certifications, please refer to the disclosure section at the end of the attached individual notes.
Research Excerpts
This note may include excerpts from previously published research. For access to the full reports, including analyst certification and important disclosures, investment thesis, valuation methodology, and risks to rating and price targets, please visit www.elitewealth.in.
Company-Specific Disclosures
Important disclosures, including price charts, are available and all Elite Wealth Limited covered companies by visiting https://www.elitewealth.in, or emailing research@elitestock.com with your request. Elite Wealth Limited may screen companies based on Strategy, Technical, and Quantitative Research. For important disclosures for these companies, please e-mail research@elitestock.com.
Options related research:
If the information contained herein regards options related research, such information is available only to persons who have received the proper option risk disclosure documents. For a copy of the risk disclosure documents, please contact your Broker’s Representative or visit the OCC’s website at https://www.elitewealth.in
Other Disclosures
All research reports made available to clients are simultaneously available on our client websites. Not all research content is redistributed, e-mailed or made available to third-party aggregators. For all research reports available on a particular stock, please contact your respective broker’s sales person.
Ownership and material conflicts of interest Disclosure
Elite Wealth Limited policy prohibits its analysts, professionals reporting to analysts from owning securities of any company in the analyst’s area of coverage. Analyst compensation: Analysts are salary based permanent employees of Elite Wealth Limited. Analyst as officer or director: Elite Wealth Limited policy prohibits its analysts, persons reporting to analysts from serving as an officer, director, board member or employee of any company in the analyst’s area of coverage.
Country Specific Disclosures
India – For private circulation only, not for sale.
Legal Entities Disclosures
Mr. Ravinder Parkash Seth is the Managing Director of Elite Wealth Ltd (EWL, henceforth), having its registered office at Casa Picasso, Golf Course Extension, Near Rajesh Pilot Chowk, Radha Swami, Sector-61, Gurgaon-122001 Haryana, is a SEBI registered Research Analyst and is regulated by Securities and Exchange Board of India. Telephone:011-43035555, Facsimile: 011-22795783 and Website: www.elitewealth.in
EWL discloses all material information about itself including its business activity, disciplinary history, the terms and conditions on which it offers research report, details of associates and such other information as is necessary to take an investment decision, including the following:
1. Reports
a) EWL or his associate or his relative has no financial interest in the subject company and the nature of such financial interest;
(b) EWL or its associates or relatives, have no actual/beneficial ownership of one per cent. or more in the securities of the subject company, at the end of the month immediately preceding the date of publication of the research report or date of the public appearance;
(c) EWL or its associate or his relative, has no other material conflict of interest at the time of publication of the research report or at the time of public appearance;
2. Compensation
(a) EWL or its associates have not received any compensation from the subject company in the past twelve months;
(b) EWL or its associates have not managed or co-managed public offering of securities for the subject company in the past twelve months;
(c) EWL or its associates have not received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past twelve months;
(d) EWL or its associates have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months;
(e) EWL or its associates have not received any compensation or other benefits from the Subject Company or third party in connection with the research report.
3 In respect of Public Appearances
(a) EWL or its associates have not received any compensation from the subject company in the past twelve months;
(b) The subject company is not now or never a client during twelve months preceding the date of distribution of the research report and the types of services provided by EWL

 

 

 

 

FILING COMPLAINTS ON SCORES - EASY & QUICK

a. Register on SCORES portal

b. Mandatory details for filing complaints on SCORES:
i. Name, PAN, Address, Mobile Number, E-mail ID

c. Benefits:
i. Effective communication
ii. Speedy redressal of the grievances

SEBI : https://www.scores.gov.in/scores/complaintRegister.html