The follow-on public offer (FPO) of Adani Enterprises, the flagship firm of the Adani Group will hit the primary markets today (27 January 2023) and remain open for subscription till 31 January 2023. Adani Enterprises aims to raise Rs 20,000 crore from this FPO and the net proceeds will be used for debt repayment, capital expenditure of subsidiary companies and general corporate purposes. aaa
Adani Enterprises FPO GMP today has tumbled after the newsbreak of Hindenburg Research taking short position in Adani group stocks, believe market observers