The share allotment of the Rs 3600 cr-initial public offering of edible oil major Adani Wilmar will be finalised today and the company is expected to make its market debut next week on Tuesday, February 8.
The IPO of the company, which is a 50:50 joint venture between business conglomerate Adani group and Singapore-based Wilmar International, has seen strong demand from investors as it bagged a subscription of over 17 times.
The issue garnered bids for 2.1 billion shares, worth Rs 48,300 crore. The high networth individual category saw the highest response with a subscription of 56 times, while the

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