BSE & NSE
24 Mar - 28 Mar '22
₹615 - ₹650
Ruchi Soya, founded in 1986, is a diversified FMCG company with its presence predominantly across edible oil, palm oil and TSP (textured soyabean products) products. Nutrela - The largest soybean brand in India, is one of the many brands associated with this company, which include Sunlight, Sunrich and Ruchi Gold across its product categories. Patanjali Group purchased a 98.9% stake in the company in 2019 in an insolvency proceeding for INR 4350 Crs. SEBI guidelines state that all listed companies must have at least 25% public shareholding. Hence, a Follow-on Public Offer (FPO) is being issued for INR 4300 Crs to meet these set guidelines. The FPO will list on 24th March 2022.
You can apply for the Patanjali Foods Ltd. IPO in these ways:
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.