Adani Wilmar Initial Public Offering (IPO) was opened for subscription on Thursday, 27th January 2022. The Adani Wilmar IPO was subscribed 1.13 times after two days of bidding. As per the market observers, Adani Wilmar stocks are available at a premium price of ₹40 in the grey market.
After two days of bidding in the IPO, Adani Wilmar’s retail portion of the public offer worth ₹3,600 was subscribed 1.85 times.
Apart from that, the premium price of the public offer is ₹5 lower than yesterday’s grey market. This drop in the premium price of the IPO is considered good, and it is predicted that the Adani Wilmar share will make its debut at around ₹65.