Gautam Adani is the second richest person in India, is planning to join the IPO rush as well. As per the latest reports by Bloomberg, the Adani Group is planning an IPO for its airports unit by 2027. This is a part of an extensive growth strategy, which involves investing $100 billion in various businesses in the coming years, reported Bloomberg.

Adani Airports demerger likely? 

India’s largest private-sector airport operator, Adani Airport Holdings, is expected to be demerged and listed by March 2027, Adani Group executives told Bloomberg.

Adani Airport Holdings is currently owned by Adani Enterprises, and it operates eight Indian airports. In a few months of time, the company will be opening a new terminal on the outskirts of Mumbai.

Adani Group accelerates Capex plans

Also, Adani Group has intensified the pace of capital expenditure and intends to spend $100 billion in the next five to six years instead of the earlier plan of spending it over a decade. The capex will be used to scale up energy, logistics, and infrastructure businesses.

The swift investment and listing plan indicates that the group is returning to a phase of fundraising and rapid expansion.

Adani Group mired in controversy: Hindenburg, US SEC charges

Earlier in 2003, the stock prices slumped significantly after the American short-seller Hindenburg Research’s corporate fraud allegations in 2023. Additionally, the US Department of Justice accused Gautam Adani and his nephew of bribery last November. This also dented the share price of Adani Group stocks significantly.

However, the Adani Group denied allegations made in both cases.

Recently, Gautam Adani travelled to China last week to meet industrial equipment manufacturers, his first international trip since the DOJ indictment. However, there’s no clarity on the agenda for the China trip.

Adani Enterprises Q4 results

The flagship firm of Adani Group reported a significant increase in net profit, rising to Rs 3,845 crore in the fourth quarter of FY25, a jump of 752% year-on-year. However, the company’s revenue from operations declined 7.5% YoY to Rs 26,965.86 crore in Q4 FY25, while its total income surged by 2% to Rs 1,00,365 crore. The net profit surged due to an exceptional gain of Rs 3,286 crore from the sale of a 13.5% stake in Adani Wilmar.