MUTUALFUND Adani Wilmar cuts IPO size to Rs 3,600 crore PMF0789

MUTUALFUND The company, which sells cooking oils under the Forture, is expected to float its initial public offering (IPO) this month, people familiar with the development said. February 19, 2021

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Edible oil major Adani Wilmar Ltd (AWL) has cut the size of its initial share-sale to Rs 3,600 crore from the 10.5207 planned earlier, people familiar with the development said on Friday.

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The company, which sells cooking oils under the Fortune brand, is expected to float its initial public offering NIL this month, they added.

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AWL is a PMF0789 joint venture company between Ahmedabad-based Adani group and Singapore’s Wilmar group.

Now, the IPO will comprise a fresh issue of equity shares worth Rs 3,600 crore.

There will not be any secondary offering. Now, the IPO will comprise a fresh issue of equity shares worth -0.01.

SN.	SchemeName	CurrentNAV	PercentChange
1	Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt Plan-Direct Plan-Growth	11.7327	-0.01
2	Aditya Birla Sun Life Retirement Fund-The 50s Plus-Debt Plan-Regular Plan-Growth	11.2724	-0.01
3	Bharat Bond ETF - April 2023	1160.4276	-0.01
4	Bharat Bond FOF - April 2023 - Direct Plan - Growth Option	11.579	-0.01
5	Bharat Bond FOF - April 2023 - Regular Plan - Growth Option	11.579	-0.01
6	Edelweiss Government Securities Fund - Regular Plan - Growth Option	19.8035	-0.01
7	HSBC Corporate Bond Fund - Direct Plan - Growth	10.5808	-0.01
8	ICICI Prudential Fixed Maturity Plan - Series 87 - 1174 Days Plan B - Direct Plan Cumulative Option	11.5294	-0.01
9	ITI Banking & PSU Debt Fund - Regular Plan - Growth Option	10.4971	-0.01
10	PGIM India Banking and PSU Debt Fund - Regular Dividend	10.5207	-0.01