Adani Enterprises raises Rs 15,000 crore via QIP, allots 5.2 crore shares at Rs 2,883
The Adani Group flagship, which houses consumer-goods and airport-retail arms, raised Rs 15,000 crore through a QIP, allotting over 5.2 crore equity shares at Rs 2,883 each — a 5% discount to the floor price of Rs 3,034.68. Paid-up capital rose from Rs 130.14 cr to Rs 135.34 cr; the stock is up 37.98% YTD.
Adani Enterprises, the Adani Group flagship with consumer-goods and airport-retail arms, raised Rs 15,000 crore via QIP, allotting over 5.2 crore shares at Rs 2,883 each, a 5% discount to floor price.
Why this matters
Completes Adani Enterprises' Rs 15,000 crore QIP, which drew 3.8x demand before being upsized. The flagship houses consumer-goods and airport-retail arms, funding retail expansion.
Retail-company signals accelerating, up 647900% QoQ.