Adani FPO Companies: The follow-on public offering (FPO) of Adani Enterprises Ltd will open for subscription on January 27, 2023. The value of FPO $Rs 20,000 crore will remain open for bidding until 31 January 2023. The Adani group company has already set the FPO price band of Adani Enterprises at $3,112 to $3,276 per equity share. The management of this flagship company of the Adani group has already announced that the net proceeds from the follow-on issuance will be used for debt repayment and capital expenditure requirements of the company and its subsidiaries.
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