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Adani Wilmar
Investing ideas
Wilmar’s 1Q lifted by one-offs but analysts see better prospects
All analysts featured here have given "add" or "buy" calls on Wilmar.
May 12, 2022
IPO
Shares in India-listed Adani Wilmar surge in stock trading debut
Shares in the company rose as much as 16% to 266.8 rupees ($4.80) on Tuesday
February 08, 2022
IPO
Wilmar Adani to IPO at issue price of $4.14 per share; 156.7 million equity shares to be issued and allotted
Shares in Wilmar closed 3 cents lower or 0.68% down at $4.37 on Feb 4.
February 04, 2022
IPO
Adani Wilmar files prospectus; to issue up to 36 bil rupees in new shares for IPO
The issue will open for subscription to the public on Jan 27, and will close on Jan 31.
January 21, 2022
Broker's Calls
UOB Kay Hian expects Wilmar to report core net profit of at least US$450 mil ahead of 3QFY21 results
The group is slated to release its financial summary for the 3QFY2021 ended September after trading hours on Oct 29.
October 25, 2021
Broker's Calls
It’s a 'buy' for Wilmar as its India IPO 'back on track': analysts
Citi, CGS-CIMB and UOB Kay Hian have pegged Wilmar's TP to be at $5.71, $6.15 and $6.40 respectively.
September 29, 2021
IPO
Wilmar India JV's IPO back in motion
The draft prospectus, with plans to raise some US$605 million, was filed on Aug 2.
September 27, 2021
Broker's Calls
CGS-CIMB maintains 'add' on Wilmar after regulator puts Adani Wilmar IPO on hold
Wilmar has a 50% stake in Adani Wilmar, with the remaining 50% owned by India's Adani Group.
August 26, 2021
IPO
Wilmar proposes IPO of Adani Wilmar on Indian stock exchange
The proposed listing will comprise an IPO in the form of new equity shares issued by Adani Wilmar for up to $811.7 million.
August 03, 2021
Broker's Calls
CGS-CIMB views Wilmar associate's potential IPO as 'positive'; special dividend possible
Investment banks JP Morgan and Kotak Mahindra Capital have been hired to manage the IPO.
March 25, 2021