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Adani Enterprises (AEL) has set a price band of Rs 3,112-Rs 3,276 per share for its Rs 20,000-crore follow-on public offering (FPO). Shares of the company last closed at Rs 3,595 on the BSE.
The floor price is set at a 13.4 per cent discount to the last close, while the top-end is close to 9 per cent below. AEL is offering an additional discount of Rs 64 for retail investors.
The company in a stock exchange announcement has said its FPO Committee will meet on January 25 to finalise anchor investor allotment and again on February 1
The floor price is set at a 13.4 per cent discount to the last close, while the top-end is close to 9 per cent below. AEL is offering an additional discount of Rs 64 for retail investors.
The company in a stock exchange announcement has said its FPO Committee will meet on January 25 to finalise anchor investor allotment and again on February 1
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