Ruchi soya Industries was incorporated in 1986. Ruchi Soya Industries is planning to their FPO in March 2022. Below mentioned Ruchi Soya FPO Details. Ruchi Soya FPO opening date is 24 Mar 2022 and closing date is 28 Mar 2022. It is a part of Patanjali group which is one of the leading FMCG brands across the industry. It is one of the largest manufacturers of soya foods which have their presence across the complete chain in upstream and downstream business which is secured with palm plantations.
The organization has various verticals such as Edible Oil along with its by-products, Oleochemicals, Honey, Atta, Biscuits, Cookies, Rusks, Noodles, Breakfast, Oil Palm Plantations, Renewable Energy wind power, etc. Now, the organization is leveraging its brand “Neutrela” which has a complete range of premium products such as “Neutrela High protein Chakki Atta”, and “Neutrela Honey”.
Ruchi Soya Industries has owned almost 22 manufacturing units which have a capacity of 11000 tonnes per day till June 2021. Amongst those 22 plants, currently, 16 are operations. They have a huge network of 100 sale depots, 4763 distributors, and almost 457788 retail outlets.
Ruchi Soya FPO Details: Date, Price Band, Lot Size, Issue Size
|Opening Date||24 Mar 2022|
|Close Date||28 Mar 2022|
|Price Band||Rs. 615 to Rs. 650 per equity share|
|Lot Size||21 Shares|
|Issue Size (Rs. Cr.)||Rs. 4300 Cr.|
|Face Value||Rs. 2 Per Equity Share|
|Issue Type||Book Built Issue FPO|
|Exchange Board||BSE, NSE|
Ruchi Soya FPO Opening Date
Ruchi Soya FPO, which is held by Baba Ramdev’s Patanjali Ayurved, will issue its follow-on public offer (FPO) this week, on Thursday, March 24, 2022.
Ruchi Soya FPO Lot Size
Ruchi Soya FPO’s minimum market lot is 21 shares for a total application amount of Rs. 13,650. Retail investors can apply for up to 14 lots of 294 shares with a total application amount of Rs. 191,100.
- Part of Swami Ramdev Patanjali Group
- Leading brand in oil palm plantation
- Strong and extensive network distribution in India
- Team Management and Experienced leadership
Objects of the Issue:
- Repayment or prepayment of company’s borrowing
- Requirement of funding of working capital
- General corporate purposes
Promoters of Ruchi Soya FPO
There are some renowned promotors of the organization, namely: Acharya Balkrishna, Ram Bharat, Snehlata Bharat, Patanjali Aryurved Limited, Patanjali Parivahan Private Limited, Divya Yog Mandir Trust, Patanjali Gramudyog Nayas, Ruchi Soya Industries Limited Beneficiary Trust, Vedic Broadcasting Limited, Patanjali Peya Private Limited, Patanjali Natural Biscuits Private Ltd, Yogakshem Sansthan and many more.
Ruchi Soya FPO Allotment Date & FPO Listing Date
|Basis of Allotment Date||Mar 31, 2022|
|Initiation of Refunds||Apr 4, 2022|
|The credit of Shares to Demat Account||Apr 5, 2022|
|FPO Listing Date||Apr 6, 2022|
Ruchi Soya FPO Allotment & Listing Dates
The Ruchi Soya FPO opens on March 24, 2022, and closes on March 28, 2022. The deadline for allotment is March 31, 2022, and the FPO may list on April 6, 2022.