3 - 4 minutes readRuchi Soya FPO Date, Lot Size, Price

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
Ruchi Soya FPO

Ruchi Soya FPO Details: Date, Price Band, Lot Size, Issue Size

Opening Date24 Mar 2022
Close Date28 Mar 2022
Price BandRs. 615 to Rs. 650 per equity share
Lot Size21 Shares
Issue Size (Rs. Cr.)Rs. 4300 Cr.
Face ValueRs. 2 Per Equity Share
Issue TypeBook Built Issue FPO
Exchange BoardBSE, 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.

Competitive Strengths

  1. Part of Swami Ramdev Patanjali Group
  2. Leading brand in oil palm plantation
  3. Strong and extensive network distribution in India
  4. Team Management and Experienced leadership

Objects of the Issue:

  1. Repayment or prepayment of company’s borrowing
  2. Requirement of funding of working capital
  3. 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 DateMar 31, 2022
Initiation of RefundsApr 4, 2022
The credit of Shares to Demat AccountApr 5, 2022
FPO Listing DateApr 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.

Ruchi Soya FPO FAQs

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When Ruchi Soya FPO will open?

Ruchi Soya FPO opening date is 24 Mar 2022 and Ruchi Soya FPO closing date is 28 Mar 2022.

What is Ruchi Soya FPO?

Ruchi Soya FPO is (not announced) equity shares of the face value of Rs. 2 aggregating up to Rs. 4300 Cr. The issue is priced aRs. 615 to Rs. 650 per equity share. The minimum order quantity is 21 Shares.

The Ruchi Soya FPO open and close dates are 24 Mar 2022 and 28 Mar 2022.

Link Intime India Private Ltd is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.

What is the lot size of Ruchi Soya FPO?

Ruchi Soya FPO lot size is 21 Shares and the minimum order quantity is 21 Shares.

How to apply for Ruchi Soya FPO?

You can apply in Ruchi Soya FPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.

When Ruchi Soya FPO allotment?

Ruchi Soya FPO’s Basis of Allotment will be finalised on March 31, 2022, and allotted shares will be credited to your demat account by April 5, 2022.

When is Ruchi Soya FPO listing date?

Ruchi Soya FPO is expected to be listed on April 6, 2022. The date of the Ruchi Soya FPO listing has yet to be disclosed.

Who will the official registrar of Ruchi Soya FPO?

Ruchi Soya FPO’s official registrar has been named Link Intime India Private Limited.