StockWatch
·
Power - Transmission
Corporate Action30 Jul 2026, 11:00 pm

Adani Energy Solutions Allots 2.16 Cr Equity Shares via QIP for ₹3,500 Cr

AI Summary

Adani Energy Solutions Ltd's QIP Committee has approved the allotment of 2,16,71,826 equity shares to eligible qualified institutional buyers. The shares were issued at an issue price of ₹1,615.00 per share, including a premium of ₹1,605.00, reflecting a 4.90% discount on the floor price. This Qualified Institutional Placement (QIP) successfully raised ₹3,500.00 Crores for the company. The issue opened on July 27, 2026, and closed on July 30, 2026. Following this allotment, the company's paid-up equity share capital increased from ₹12,01,28,26,420 to ₹12,22,95,44,680. Major allottees include SBI Large Cap Fund (5.14%) and various schemes under Aditya Birla Sun Life Mutual Fund (totaling 22.86%).

Key Highlights

  • QIP Committee approved allotment of 2.16 crore equity shares.
  • Company raised ₹3,500 crore through Qualified Institutional Placement.
  • Shares allotted at ₹1,615 each, a 4.90% discount to floor price.
  • Paid-up equity capital increased post-allotment.
  • SBI Large Cap Fund and Aditya Birla Sun Life Mutual Fund were major allottees.