Wednesday, November 13
Adani Enterprises’ follow-on public offer has been fully subscribed Today, i.e., Tuesday, which was the last day of subscription, January 31, 2023.
Non-Institutional Investors(NIIS) Subscribed 3.26 times, Qualified Institutional Buyers (QIBs) Subscribed 0.97 times, Retail Individual Investors (RIIs) Subscribed 0.11 times, shares reserved for employees subscribed 0.51 times and in total out of 4,55,06,791 shares, 4,62,79,524 were subscribed.
The Adani Group Management had earlier on 29th January 2023, responded though it's Legal Team, with detailed Management Perspective, Pointed Verified Data, which ran into 400+ pages, which completely ironed out the blatant lies posted by a foreign leftist research firm, backed by foreign agencies.
The investors sentiments, directly Endorse and Acknowledge, the Absolutely Impeccable, Ethical, Moral, High Professional & Business Standards being followed throughout the Dynamic Growth of Adani Group since Inception, which has Successfully Weathered Many Storms.
With this outstanding performance of the FPO, despite all Global Conspiracies, hatched in foreign waters, Going Forward - The Adani Group is now Fully Geared @ Unstoppable High Orbital Exponential Growth, within and outside India.
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