Adani FPO: What's the difference between IPO and FPO and how can you invest?

What is an IPO?

An initial public offering or IPO is the offer made by the company when it goes public for the very first time. The company offers its shares to the public

IPO Listing

The company then gets listed on the stock exchange. We have two exchanges: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE)

What is an FPO?

Follow-on Public Offer or FPO is when a public company issues additional shares following its initial public offering. A company could use an FPO to raise money several times as desired

How to apply?

The procedure is the same as for an IPO. Anyone above the age of 18 who has a PAN card and a Demat account can apply for an FPO

Adani Enterprises'
Rs 20,000-crore FPO

Adani Enterprises' Rs 20,000-crore FPO will open on January 27, 2023, and close on January 31, 2023. The investor bidding date has been fixed for January 25, 2023

About Adani Enterprises

Incorporated in 1988, Adani Enterprises is the flagship Adani Group. The Indian-based conglomerate has business ventures including coal mining, airport operations, defence, infrastructure, energy, and cement, among others

Adani Enterprises: FPO

Adani Enterprises will use Rs 10,900 crore from FPO to fund green hydrogen projects, airports, and expressways businesses

Adani Enterprises: FPO

It will use the money from FPO to repay borrowings of three units, namely Adani Airport Holdings Ltd, Adani Road Transport Ltd, and Mundra Solar Ltd

Adani Enterprises
on D-Street

Shares of Adani Enterprises have delivered over 550% return in the last 2 years and over 1,600% in the last 5 years to its shareholders


The stock mentioned in the story is for information purposes only. Investors or market participants should consult their financial advisors before taking any position

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