Adani FPO: What saved the issue on the last day of bidding?3 min read . Updated: 31 Jan 2023, 08:27 PM IST
- While the retail investors stayed away from the follow-on-pubic offer, the institutional investors saved the day for the India's biggest FPO
Just about a week ago, the Street was awaiting India's largest follow-on-public offer (worth ₹20,000 crore) which was about to be floated by one of the India's biggest conglomerates. Investors - retail and institutional - were waiting for the issue to open to buy shares of Adani Enterprises at a bit of a discount from the market price.
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