Adani Wilmar Limited IPO

Adani Wilmar, a joint venture between Adani Group and Wilmar Group is amongst the top 10 FMCG food companies in India. It offers most of the essential kitchen commodities across categories. The company's product portfolio spans over three categories: (1) Edible Oil, (2) Packaged Food & FMCG, and (3) Industry Essentials.

It owns and operates the Fortune brand, which is the largest selling edible oil brand in India with a market share of 18.3%. The company has the largest distribution network among all the branded edible oil companies in India, with a network of 5,566 distributors located in 28 states and eight union territories throughout India, catering to over 1.6 million retail outlets. Adani Wilmar is a joint venture between Adani Group, which is a multinational diversified business group with significant interests across transport and logistics, and energy and utility sectors, and Singapore based Wilmar Group, one of Asia’s leading agribusiness groups. The public offer of Adani Wilmar comprises a fresh issue of equity shares aggregating up to Rs. 3,600 crores. Read more

Check out some recent financials figures of the company:

How do I apply for the Adani Wilmar Limited IPO?

You can apply for the Adani Wilmar Limited IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.