Adani Wilmar is a leading name in the edible oil industry. This company sells cooking oil under the banner of Fortune Oil. It is among the top FMCG companies in the country with a variety of products in different price segments. It also occupies a large market share in the oleochemical manufacturing space.
If approved, Adani Wilmar will be the seventh Adani Group Company to get listed in the country.
Adani Wilmar IPO Objectives
– Funding CAPEX to expand existing manufacturing units.
– Developing new manufacturing facilities.
– Prepayment and repayment of existing borrowings.
– Funding strategic investments and acquisitions.
– Meeting corporate purposes.
Besides these, it is expected that this upcoming IPO will increase its market visibility and accelerate its growth.
Adani Wilmar IPO – Details
Adani Wilmar initial public offer will comprise an issue of new equity shares. Notably, there will be no secondary offering.
Opening Date – To be updated
Closing Date – To be updated
Price Band – To be updated per equity share
Issue Size – To be updated
Face Value – ₹ To be updated per equity share
Market Lot – To be updated
Listing at NSE, BSE
Adani Wilmar IPO Important Dates
| IPO Open Date | To Be Announced |
|---|---|
| IPO Close Date | To Be Announced |
| Basis Of Allotment Date | To Be Announced |
| Initiation Of Refunds | To Be Announced |
| Credit Of Shares To Demat ACcount | To Be Announced |
| IPO Listing Date | To Be Announced |
| UPI Mandate Expiry Date | To Be Announced |
Why Should You Invest in Adani Wilmar IPO?
Adani Wilmar has been successfully leveraging the sourcing capabilities of Wilmar Group. Its strong foothold in the domestic and international market emerges as a reliable upside for investors. Collectively, these pointers indicate a strong possibility of generating higher revenue and achieving organic growth. Accordingly, these catalysts make Adani Wilmar a lucrative investment option for stag investors.
Financial Highlights
| Financial Year | Total Assets In Million | Total Revenue In Million | Profit After Tax In Million |
| 2019-20 | Rs. 73304.19 | Rs. 296570 | Rs. 3888 |
| 2018-19 | Rs. 75965.68 | Rs. 287975 | Rs. 3655 |
How to apply for Adani Wilmar IPO?
You can apply for the Adani Wilmar IPO in these ways:
UPI
Link your bank account to a reliable UPI ID and register it with your Angel One account. Proceed to book Adani Wilmar IPO shares using the ID, confirm the payment on the UPI app, and block the amount for allotment.
Demat Account
1. If you are already a client of Angel One, apply directly for Adani Wilmar IPO, click here.
2. If you’re a new investor Open DEMAT Account for free with Angel One to begin your investment journey.
Adani Wilmar IPO – Noteworthy Highlights
Some of the key highlights of this fastest-growing packaged food company are listed below –
– Adani Wilmar’s Fortune oil occupies 20% of the edible oil market share.
– This company has a refining capacity of more than 16000 tonnes/day with over 40 units.
– Adani Wilmar is the country’s largest importer of edible crude oil and lauric fat.
– It is the largest exporter and manufacturer of castor oil.
Adani Wilmar IPO – SWOT Analysis
Strengths
- Diversified Portfolio: This company boasts of having a differentiated product portfolio. Accordingly, it allows the company to maintain a smooth cash flow from different product segments.
- Business Model: The integrated business model of this company allows it to tap on the current market trends and FMCG prospects as and when required. It leverages the Adani Group operational facilities, strong PAN-India distribution network and extensive manufacturing capacity to boost its production.
- ESG Friendly Policies: In the last couple of years, this company has been proactively contributing towards achieving environmental and social sustainability. This continues to garner the attention of the pro-ESG investors.
Weaknesses
- Dependency on Adani Group: The company is overdependent on the operational units of Adani Group. This could emerge as a bottleneck in the production process if management goes awry.
Opportunities
- Diversification: Currently, this company boasts of a well-diversified portfolio. However, with all the ongoing research in this field coupled with the company’s ability to expand product division, we can expect its profile to grow even further.
- Growth: This company’s strong financial standing and robust parentage work in its favour. These factors also emerge as reliable upsides with regards to its long-term and organic growth in the edible oil and FMCG space in general.
Threats
- Competitive Market: The company faces competition from its market peers. Further, with the entry of a new FMCG player in the sector, the scope of increasing market share is becoming limited. This is also creating pressure on the company in terms of retaining its existing customers.
- Drop in Demand: A potential drop in the demand for edible oil is a significant threat. It can impact the overall revenue generation and market share of the company in a broader sense.
Competitive Analysis: Market Peers
The sound business strategies of the company, coupled with its expertise in the field, solidifies its position in the market. On top of that, the high brand visibility in local markets and well-connected exports network offers it a competitive edge in the market. Here are some of the top market peers of this company and their market capitalisation.
| Market Peers | Market Capitalisation Growth (In %) |
| Guj. Ambuja Exports | 113.19% |
| Vijay Solvex | 1645.40% |
| Manorama Industries | 208.00% |
| BCL Industries | 494.34% |
| Gokul Agro Resources | 185.71% |
| Gokul Refoils & Solv | 91.69% |
| Kriti Nutrients | 35.14% |
| Vegetable Products | 20.92% |
| Modi Naturals | 293.18% |
| Sanwaria Consumer | -71.76% |
| Ruchi Infra. | -43.37% |
| Raj Oil Mills | 3732.45% |
| CIAN Agro Industries | 59.80% |
| Diligent Industries | 361.54% |
| IEL | 1809.64% |
| Richirich Inventures | 44.21% |
| Unique Organics | 147.39% |
| IEL | 1809.64% |
| JR Foods | 22.75% |
| Poona Dal & Oil | 100.49% |
| Prima Industries | 260.36% |
| Natraj Proteins | 187.73% |
| NK Industries | 16.37% |