HNIs, institutional investors help Adani FPO sail through2 min read . Updated: 01 Feb 2023, 01:42 AM IST
The market cap of 10 listed Adani stocks fell by ₹2,160 cr on Tuesday after falling ₹5.7 tn over three sessions through Monday
MUMBAI, GAUTAM ADANI : In a huge relief for billionaire Gautam Adani, institutional investors and family offices of high net worth individuals (HNIs) salvaged the ₹20,000 crore follow-on public offering (FPO) of Adani Enterprises Ltd, ensuring the issue was subscribed 1.12 times, up from just 0.03 times the previous day.
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