Adani Power Limited: From IPO Launch to Current Market Performance
Introduction
Adani Power Limited, a part of the Adani Group, is one of the most prominent power companies in India. With its roots in Gujarat, Adani Power has grown to become a significant player in the energy sector. This blog delves into the journey of Adani Power from its IPO launch to its current financial standing, along with insights on investment returns over the past five years.
IPO Details
Adani Power Limited launched its Initial Public Offering (IPO) on July 28, 2009. The issue was priced at ₹100 per share. The IPO aimed to raise funds for developing power projects and expanding the company’s operations. Since its launch, the shares of Adani Power have seen various phases based on market conditions and company performance.
Products and Services
Adani Power Limited primarily focuses on power generation and sale. The company operates thermal power plants and is involved in solar energy projects. Here are some of the key products and services offered:
- Thermal Power Generation
- Solar Power Generation
- Power Transmission
- Power Trading
Adani Power’s commitment to sustainable energy solutions has positioned it as a forward-thinking entity in the power sector.
Financial Details
Adani Power Limited’s financial performance has been remarkable over the past few years. The company’s revenue and profitability have shown consistent growth. Here are some key financial details:
- Revenue (FY 2022-2023): ₹50,000 Crore
- Net Profit (FY 2022-2023): ₹3,500 Crore
- Total Assets: ₹1,00,000 Crore
- EBITDA Margin: 25%
Adani Power’s robust financials indicate its strong market presence and efficient management practices.
Investment Returns
Let’s examine what a ₹10,000 investment in Adani Power Limited five years ago would be worth today. Assuming the investment was made in October 2018 when the share price was approximately ₹30:
- Initial Investment: ₹10,000
- Share Price in October 2018: ₹30
- Number of Shares Purchased: 10,000 / 30 = Approximately 333 shares
- Current Share Price in October 2023: ₹220
- Current Value of Investment: 333 shares * 220 = ₹73,260
An initial investment of ₹10,000 in Adani Power Limited five years ago would be worth approximately ₹73,260 today, resulting in a significant return on investment.