SEBI puts hold on Adani Wilmar’s Rs 4,500 crore IPO
The IPO was stalled due to an investigation that is pending against the port to energy entity of Adani group.
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Here are some risk factors in Adani Wilmar IPO mentioned in DRHP
On August 2, Adani Wilmar registered multiple internal and external probable risk factors that could affect the business significantly in the Draft Red Herring Prospectus (DRHP) issued with market regulator Securities and Exchange Board of India (SEBI). The company filed draft papers for its 4,500 crore initial public offering (IPO).
Adani Wilmar files DRHP with SEBI, aims to raise 4,500 crore
Adani Wilmer aims to raise Rs 4500 crores via the IPO. According to DRHP, the company will use the proceeding for the expansion of existing manufacturing facilities.
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