Adani, who turned his commodities trading enterprise into a multi-billion-dollar conglomerate spanning various sectors, added more to his net worth this year than anyone else in the world
Adani Wilmar shares opened at 4% discount against issue price of ₹230 apiece and rebounded strongly to gain as much as 12.5% to hit a high of ₹258.65 on the BSE.
The ₹37,195 crore FMCG company is hoping to raise ₹3,600 crore from its IPO, which would be utilised for capacity building and mergers and acquisitions.