AWL Agri Business Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹230
Per ShareLot Size
65 Shares
Minimum Investment
₹14,950
Issue Size
₹3,600 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
0%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
AWL Agri Business Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
50%
Promoter Holding (Post-Issue)
43.96%
Issue Type
Book Building
ISIN
INE699H01024
About the Company
Adani Wilmar Limited is one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar. Essential commodities, such as edible oils, wheat flour, rice, pulses and sugar, account for approximately 66% of the spend on essential kitchen commodities in India. The Company offers a range of staples such as wheat flour, rice, pulses and sugar. Its products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.
Industry Overview
The Company operates in the following industries: packaged food industry. The Company is one of the fastest growing packaged food companies in India, based on the growth in revenues during the last five years. packaged edible oil industry. As of March 31, 2021, the Refined Oil in Consumer Packs ("ROCP") market share of its branded edible oil was of 18.3%, putting the company as the dominant No. 1 edible oil brand in India. personal care industry. The Company has introduced soaps, handwash and sanitizers. castor oil and derivatives industry; and oleochemical industry.
Company History
Adani Wilmar Limited was incorporated on January 22, 1999 in Ahmedabad, Gujarat as a public company under the Companies Act, 1956, as amended pursuant to a certificate of incorporation dated January 22, 1999 issued by Registrar of Companies, Gujarat ("RoC"). The Company commenced its operations pursuant to the certificate of commencement of business dated January 25, 1999 issued by the RoC.
Products & Services
- The Company is one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar.
Growth Strategy
- Become the leading packaged food and FMCG company in India
- Further expand its distribution network with an omni-channel approach.
- Focus on increasing brand awareness
- Continue to launch new products and enhance its customer base
- Pursue strategic acquisitions
- Focus on multiple drivers for margin expansion
Customer Base
The Company caters to different customer groups
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 156,729,745* equity shares of face value of Re. 1 each ("Equity Shares") of Adani Wilmar Limited ("Company" or "Issuer") for cash at a price of Rs. 230 per equity share aggregating to Rs. 3600.00* crores ("Issue"). The issue includes a an allotment of 2,278,1857* equity shares aggregating to Rs. 47.61 crores (constituting 0.18% of the post-issue paid-up share capital) for subscription by eligible employees ("Employee Reservation Portion") and an allotment of 15,652,173* equity shares aggregating to Rs. 360.00 crores (constituting 1.20% of the post-issue paid-up share capital) for subscription by eligible ael shareholders ("Shareholder Reservation Portion"). In accordance with the securities and exchange board of india (issue of capital and disclosure requirements) regulations, 2018, as amended (the "Sebi Icdr Regulations"), the shareholder reservation portion does not exceed 10% of the issue size. The issue less the employee reservation portion and the shareholder reservation portion is hereinafter referred to as "Net Issue". The issue and net issue shall constitute 12.06% and 10.68%, respectively, of the post-issue paid-up share capital of the company. The face value of equity shares is Re. 1 each. The issue price is 230 times the face value of the equity shares. The company, in consultation with the managers, has offered a discount of Rs. 21 per equity share to eligible employees bidding in the employee reservation portion. *Subject to finalisation of basis of allotment Bids can be made a minimum of 65 equity shares and in multiples of 65 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Its differentiated and diversified product portfolio with market leading brands to capture large share of kitchen spends across India;
- One of India's leading consumer product companies with leadership in edible oil and packaged food business;
- One of the leading market positions in industry essentials;
- Strong raw material sourcing capabilities;
- Integrated business model with well-established operational infrastructure and strong manufacturing capabilities;
- Unfavourable local and global weather patterns may have an adverse effect on its business, results of operations and financial condition.
- The company operations are dependent on the supply of large amounts of raw material such as unrefined palm oil, soyabean oil and sunflower oil, wheat, paddy and oilseeds. The company do not have long term agreements with suppliers for its raw materials and any increase in the cost of, or a shortfall in the availability of, such raw materials could have an adverse effect on its business and results of operations, and seasonable variations could also result in fluctuations in its results of operations.
- The Company depends significantly on imports of raw materials/finished goods in addition to domestic supplies, and various factors may result in an inadequate supply of raw materials/finished goods or result in an increase in its cost in order to secure sufficient raw materials/finished goods to meet its operational requirements.
- The company has a diverse range of products primarily in three business categories and its inability to manage its diversified operations may have an adverse effect on its business, results of operations and financial condition.
- The company derive a significant portion of its revenue from its edible oil business segment and any reduction in demand or in the production of such products could have an adverse effect on its business, results of operations and financial condition.