Question
Download Solution PDFWhich among the following companies made an Initial Public Offering (IPO) in Indian stock market in 2022?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Adani Wilmar.
Key Points
- Adani Wilmar made an Initial Public Offering (IPO) in the Indian stock market in 2022 and raised ₹3,600 crore
- Adani Wilmar is a food and FMCG company that was founded in 1991.
- The IPO was subscribed 112 times.
Additional Information Initial Public offering (IPO)
- An initial public offering (IPO) is the first time that the stock of a private company is offered to the public.
- Initial public offering is the process by which a private company can go public by sale of its stocks to general public.
- It could be a new, young company or an old company that decides to be listed on an exchange and hence goes public.
- Companies can raise equity capital with the help of an IPO by issuing new shares to the public, or the existing shareholders can sell their shares to the public without raising any fresh capital.
Last updated on Jul 18, 2025
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