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Adani Wilmar IPO - Investment Rationale, Valuations, Financials: KRChoksey

Adani Wilmar IPO - Investment Rationale, Valuations, Financials: KRChoksey

<div class="paragraphs"><p>Adani Wilmar range of products. (Source: Company website)</p></div>
Adani Wilmar range of products. (Source: Company website)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research's IPO Report

Adani Wilmar Ltd., incorporated in 1999, is one of the leading food fast moving consumer goods companies in India with a healthy market share. The company’s product portfolio spreads across three different categories,

  1. Edible oil,

  2. packaged food and FMCG and

  3. Industry essentials.

Adani Wilmar is among the top five fastest growing packaged food companies in India. It offers most of the kitchen commodities that includes edible oil, wheat flour, rice, pulses and sugar. These essential commodities approximately account for two-third of the spend on essential kitchen commodities in India.

Company’s products are offered under a diverse range of brands across a broad price spectrum and cater to different customers across all income groups.

Adani Wilmar has 22 manufacturing facilities, comprising 10 crushing units and 18 refineries, located across 10 states in India.

Click on the attachment to read the full IPO report:

KRChoksey Adani Wilmar IPO Note.pdf

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