Adani Enterprises FPO Sees Weak Demand, Subscribed 0.01x on Day 1 So Far: Check Subscription Status

Adani Enterprises' follow-on public offering (FPO) has seen weak demand so far, with a subscription rate of just 0.01 times on the first day. The company is issuing new shares to raise funds for repayment of debt and for general corporate purposes. However, it seems that investors are not showing much interest in the offering. It is important for investors to keep in mind that the subscription status can change over the course of the FPO period, and the demand can pick up in the coming days. It's also worth noting that the final subscription status will only be known after the closure of the issue.