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ADANI ENTERPRISES LTD FPO

Price Range (₹)

Rs. 3112 – Rs. 3276*

Issue Size (₹ in Cr.)

Up to 20000 crores

Minimum Quantity

4 Shares

Bidding Period

Jan 27 – Jan 31 , 2023

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About the Adani Enterprises Ltd FPO

- Among India’s top business houses with an integrated energy and infrastructure platform in India and a long track record of successfully executing large-scale projects.(Source:Company RHP)
-  One of India’s largest listed business incubators in terms of market capitalisation and driven by the philosophy of incubating businesses in four core industry sectors - energy and utility, transportation and logistics, consumer, and primary industry.(Source: Company RHP)

Strengths

Demonstrated track record and expertise in project execution and management 
Since inception in 1993, the company has incubated several companies across many verticals in the infrastructure sector and have built a distinctive specialization in project execution and have successfully executed all projects that they have undertaken to date. (Source: Company RHP)

One of the leading global players in integrated resource management
Integrated resource management is one of the company's core current business activities. Their competitive advantage is derived from the synergies between Adani group’s various business verticals, including the ports terminals on both the east and west coasts of India, which provide a strong infrastructure for efficient logistics management. (Source: Company RHP)

 

Experienced promoters and strong leadership
The company is led by promoters, Mr. Gautam S. Adani and Mr. Rajesh S. Adani, supported by an able and experienced senior management with experience across sectors such as mining services, manufacturing, green hydrogen, water management, airports and roads, FMCG and digital offerings, among others. (Source: Company RHP)

 

Risks

Any failure to execute on green hydrogen strategy could have an adverse impact on operations.
The company is in the process of setting up a green hydrogen ecosystem with an objective to incubate,build and develop an end-to-end integrated ecosystem.Any failure to deploy ecosystem at targeted costs and specified performance levels could damage reputation and impair the marketability or lifespan of green hydrogen ecosystem(Source: Company RHP)

 

The company is exposed to fluctuations in currency exchange and interest rates
As functional currency is the Rupee, the operating expenses are denominated primarily in Rupees. However, some of operating expenses including procurement costs related to integrated resource management or FMCG businesses are denominated in foreign currencies.(Source: Company RHP)

 

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  • lock-in of 3 years
    Fill in the required details

    Fill in the quantity of the number of shares you want to buy. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.

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    Click on proceed to confirm the order. You can view the placed order under “order book”.

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  • lock-in of 3 years
    Select IPO

    Choose the IPO you want to apply from the list. Click on Apply.

  • lock-in of 3 years
    Fill in the required details

    Fill in the quantity of shares. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.

  • lock-in of 3 years
    Confirm your request

    Check the A/C, UPI details and click on proceed. You will get an UPI link by which payment can be made.

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A discount of Rs.64 per share is applicable for Retail category for Adani Enterprises FPO

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Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.