Adani Wilmar files papers for ₹4,500 crore IPO

Mandeep Sethi 03 Aug 2021 166

Adani Wilmar, a joint venture between the Adani Group and Singapore's Wilmar group,..

Adani Wilmar, a joint venture between the Adani Group and Singapore's Wilmar group, on Monday filed its draft red herring prospectus to raise ₹4,500 crores in IPO through the issuance of fresh equity. Adani Wilmar is one of India's largest FMCG food companies and sells Fortune edible oil. Adani Wilmar could become the seventh Adani company to go public.

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