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January 25, 2022
IPO Alert: Adani Wilmar Ltd.
As a joint venture between the Adani Group and the Wilmar Group., Adani Wilmar Ltd. benefits from their strong parentage. AWL is one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar.
| Bid/Offer Opens On | Thursday, 27-Jan-22 |
| Bid/Offer Closes On | Monday, 31-Jan-22 |
| Price Band | Rs. 218 - Rs. 230 per equity share |
| Lot Size | 65 Shares |
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 03-Feb-22 |
| Initiation of Refunds | 04-Feb-22 |
| Credit of Shares to Demat Acct | 07-Feb-22 |
| IPO Shares Listing Date | 08-Feb-22 |
| UPI mandate expiry date | 09-Feb-22 |
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
