The ongoing FPO by Adani Enterprises could get a boost on Tuesday with investments worth about ₹9,000 crore expected from family offices in Dubai and India.
A family office is an entity created by high net-worth individuals to manage their money-related matters including investments.
Sources said that the Adani group has received interest from several family offices and a formal announcement will come soon. This will be in addition to the ₹6,000 crore from anchor investors and ₹3,200 crore from International Holding Company. The fresh investments will take Adani Enterprise closer to its target of ₹20,000 crore from the FPO.