Adani Enterprises raises ₹15,000 crore in QIP with strong demand
pre-market1 source ↓written by the desknot a recommendation
- through its qualified
- ₹15,000 crore
- attracting bids worth
- ₹38,000 crore
- the issue size
- 4x
- per share
- ₹2,883
- to the Sebi
- 5% discount
Adani Enterprises successfully raised ₹15,000 crore through its qualified institutional placement (QIP), attracting bids worth ₹38,000 crore, nearly 4x the issue size. The investor mix included major global firms like Capital Group and Goldman Sachs, alongside domestic mutual funds such as HDFC MF and ICICI Prudential MF. The indicative issue price was set at ₹2,883 per share, reflecting a 5% discount to the Sebi floor price.
Not investment advice. For informational purposes only.