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Singapore's Wilmar International targets $605 million Indian IPO for Adani Wilmar

Reuters2021-08-02

(Reuters) - Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India through an initial public offering worth up to 45,000 million Indian rupees ($605.19 million).

Adani Wilmar, a 50-50 joint venture between the company and Indian conglomerate Adani Group, is expected to list on the BSE and the National Stock Exchange.

Adani Wilmar sells kitchen commodities such as edible oil and wheat in India under a diverse range of brands.

Wilmar International did not disclose an issue price for the listing, and said it was dependant on factors including the book building process under Indian regulations and receipt of applicable approvals.

($1 = 74.3570 Indian rupees)

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Comment52

  • Senkas
    ·2021-12-21
    Interesting to look forward growth 
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  • 不死鸟.
    ·2021-10-04
    can buy this timing?
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  • holdnotfold
    ·2021-10-02
    When will wilmar go up
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  • Eugoon
    ·2021-08-31
    Nice 
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  • bigninja
    ·2021-08-22
    Wow
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  • EZU
    ·2021-08-03
    Oh buy? 
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  • Agunia
    ·2021-08-03
    Good time for buying?
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  • Redfox24
    ·2021-08-03
    Upup
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  • bwkhoo
    ·2021-08-03
    Hopefully with this positive news, F34 will stop bleeding 
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  • StayHome
    ·2021-08-03
    Can consider buying some 
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  • bobotrader
    ·2021-08-03
    Nice And like pls!
    Reply
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    • kevinlaisq
      ok
      2021-08-03
      Reply
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    • kweiji
      Like
      2021-08-03
      Reply
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  • EC7795
    ·2021-08-03
    power
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    • triu
      Like
      2021-08-04
      Reply
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  • Clatt
    ·2021-08-03
    Okk
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  • chickennuggets
    ·2021-08-03
    Hi
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    • PrimRose
      Hi
      2021-08-03
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  • EstherTurtle
    ·2021-08-03
    Extreme sad
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    • EstherTurtle
      sad
      2021-08-04
      Reply
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    • Moiii
      true dat
      2021-08-03
      Reply
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  • EHG
    ·2021-08-03
    Like 
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    • Singman
      like too
      2021-08-03
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  • richcat
    ·2021-08-03
    Like
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  • Darylzhuo
    ·2021-08-03
    Please like and comment. Thank you 
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  • NgKenny
    ·2021-08-03
    Nice
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    • StayHome
      Buy some to keep for investment
      2021-08-03
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    • richcat
      Like
      2021-08-03
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  • Durianmaster
    ·2021-08-03
    Wish it will increase though. Not sure why it has been declining steadily. 
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