Adani Enterprises launches QIP at ₹3,034.68 floor price, up to 5% discount
The Adani Group parent, which houses retail and airport-retail arms, opened a qualified institutional placement with a floor price of ₹3,034.68 per share and up to 5% discount. Four book-runners appointed. Shares closed at ₹3,178.20, up 1.11%. Parent-level capital flows underpin its consumer retail surface.
Adani Enterprises, parent of the Adani Group's retail and airport-retail arms, launched a QIP with a floor price of ₹3,034.68 per share, appointing four book-running lead managers. Parent-level capital flows underpin its consumer retail surface.