Should you subscribe to Adani Wilmar's IPO today?
The subscription period for Adani Wilmar's (AWL) public issue of new
equity shares begins today and ends on January 31. The price range for the three-day
According to BSE data, the Adani Wilmar IPO was subscribed 0.24 times
by retail investors (0.49x), 0.05x by non-institutional
investors (NIIs), and 0.11x by qualified institutional buyers (QIBs).
"AWL aspires to become India's leading packaged food and FMCG company, aided by
its parent Adani Group and JV partner Wilmar International. We believe AWL is well positioned to
capitalise on current opportunities and triple in size. So, subscribe for long-term gains
"a note from KR ChokseyAdani Wilmar sells Fortune brand cooking oils.