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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 ....
Putting an end to speculations, Gautam Adani-led Adani Enterprises has finally announced details of its follow-on public offer (FPO) to raise Rs 20,000 crore. Adani Enterprises has given investors a whopping 1600 per cent profit in the past 5 years. aaa ....