2009 |
AEL has received a LOI for the Macchakatta Coal Block and LOA for Parsa Coal Block |
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2008 |
Food grain silos of Adani Agrilogistics have been operationalized. |
AEL has formed a joint venture company with Chemoil Energy Limited for expansion of its bunkering business on pan India basis. |
AWEL has received one offshore block in Surat Depression near Bombay High and another offshore block at Egypt in association with GSPC |
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2007 |
The company has successfully completed foreign currency convertible bond issue USD250 Million for its business expansion plans. |
Orders for two Capesize vessels placed with a Korean Shipyard. |
Base Depot constructed by Adani Agri Logistics got commissioned on 17th July 2007. |
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2006 |
Adani Agrifresh commences business. |
AEL commissions two floating crane barge. |
Work on setting up grain silos under Adani Agri Logistics started. |
Commencement of construction of 660 MW thermal power project at Mundra |
Expansion of jetties at Mundra Port initiated. |
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2005 |
The company has received prestigious reorganization of “Five Star Export House” on account of valuable contribution in country’s overall exports. |
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Sales turnover has crossed Rs.13,500 Crores during FY 2004-05. |
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The company has successfully completed foreign currency convertible bond issue of USD 38 Million and proved its global reach |
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2004 |
The company has crossed Rs.7155 Crores sales turnover mark. Awarded “Five Star Export House” status |
Successfully disinvested its stake of Mundra Container Terminal to P & O Ports, Singapore. |
Introduction of new products like Iron Ore, Power Trading, Maize, Sesame Seeds, Sorghum, Barley etc. |
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2001 & 2003 |
Actual net worth at Rs 550 Crs. |
2003 During FY 2002-2003 Company has achieved turnover of Rs. 2873 Crs as against Rs.2188 crs for FY 1998-99 (a 30 % growth) & becomes the top net foreign exchange (NFE) earner of the country. |
The largest private sector player awarded with prestigious award of “Golden Super Star Trading House.” |
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1999 & 2000 |
Declares a 1:1 bonus. |
Market capitalization of the company rises beyond Rs 1710 crs in wake of its scrip price touching Rs 775.60 per share (as on June 09, 2000), subscribers to the IPO see money growing by 1966 per cent in just 5 years. |
During FY 1999-2000 Company has achieved all time high turnover of Rs. 2853.11 crs as against Rs.2188 crs for FY 1998-99 (a 30 % growth). |
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1998 and Beyond: Period of Consolidation |
1998 |
Turnover leaps to Rs 2,418.6 crs for the FY 1997 - 98. |
Expands its trade basket, at present trades in more than 40 commodities and in 28 countries. |
Becomes the top net foreign exchange (NFE) earner of the country and the largest private sector Super Star Trading House in India. |
Jetty at Mundra Port becomes operational. Coal business commenced |
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1994 - 1997: Period of Growth |
1997 |
Super Star Trading House status extended for another 3 years, upto 31st March, 2000, inspite qualification limits for this status being substantially enhanced. |
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1996 |
Turnover crosses the coveted Rs 1,000 cr level; at Rs 1,134.6 crs in 1995 - 96. |
Declares a 1:1 bonus in November’96; paid up capital increases to Rs 11.02 crs. |
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1994 |
Hits the primary market in September 1994 with its initial public offering (IPO) of 12.50 lakh equity shares of Rs 10 each at a premium of Rs 140 per share aggregating Rs 18.75 crs ; float oversubscribed by more than 25 times. Accorded the status of “Super Star Trading House” on April 1, 1994 by the Ministry of Commerce, Government of India; the youngest trading house and the only one from the State of Gujarat to have been granted this status. |
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1988 - 1993: The Initial Years |
1993 |
Converted into a public limited company on 2nd March 1993 with a paid up capital of Rs 1 Crore. |
Accorded the status of “Star Trading House” on April 1, 1993 by the Ministry of Commerce, Government of India. |
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1988 |
Conceived as a partnership firm by Gautam S Adani with an initial capital of Rs 5 lakhs, posts a modest turnover of Rs 2.20 crs in the first year of its operation. |
