Adani Energy Solutions is launching a ₹6,000 crore Qualified Institutional Placement (QIP) on July 30, with demand already exceeding three times the offer. Likely investors include GQG, ADIA, Qatar Fund, and various US-based funds. The floor price is expected to be ₹1,025 per share with a maximum 5% discount. Nomura, SBI Capital Markets, and ICICI Securities are advising. Adani’s shares rose 5.8% to ₹1,112.55. The company reported a 47% increase in consolidated revenue to ₹5,379 crore for the April-June quarter.
Adani Energy Solutions Set to Launch ₹6,000 Crore QIP
