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Adani Wilmar's ₹3,600-crore IPO fully subscribed on day 2
short by Hiral Goyal / on Friday, 28 January, 2022
The ₹3,600-crore IPO of Adani Wilmar was fully subscribed on the second day of bidding as it received bids for 13.05 crore shares against an offer size of 12.25 crore shares. The portion of the IPO reserved for retail investors was subscribed 1.76 times, whereas that of non-institutional investors was booked 0.84 times as of 4 pm on Friday.