Keep up with personal finance and investing trends. Stock Market, Mutual Funds, Insurance, and lot more.
All that you should know about the Company before applying for the FPO.
The public issue of equity shares of Ruchi Soya Industries Limited opens for subscription on March 24, 2022 and closes on March 28, 2022. It is expected to list on the stock exchanges on April 06, 2022. What does the company do? Why is the company going public? Who are its key competitors? Its key strengths, and lot more. Here’s everything that you want to know about the company to analyse the IPO.
Incorporated in 1986, Ruchi Soya Industries, a part of Patanjali Group, is one of the leading FMCG brands in the Indian edible oil sector. It is the largest manufacturer of soya foods with a presence across the entire value chain in upstream and downstream businesses with secured palm plantations.
The Company operates in different verticals such as Edible oil and by-products, Oleochemicals, Textured Soya Protein (TSP), Honey and Atta, Oil Palm Plantation, Biscuits, Cookies, and Rusks, Noodles and Breakfast cereals, Nutraceuticals and wellness, and Renewable energy wind power. Currently, it is leveraging its brand "Neutrela" with a range of premium products like "Neutrela High Protein Chakki Aata" and "Neutrela Honey".
The Company owns 22 manufacturing units with a total refining capacity of 11,000 tonnes per day, currently, 16 plants are operational (as of June 2021). It has a strong distribution network of 100 sale depots, 4,763 distributors, and 4,57,788 retail outlets.
Acharya Balkrishna, Ram Bharat, Snehlata Bharat, Patanjali Ayurved Limited, & more
Given below are the objectives of the Company –
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
|IPO Size||₹ 4,300 Crore|
|Offer Mix||100% Fresh Issue|
|Price Band||₹ 615 - ₹ 650|
|Lot Size||21 Shares (& in multiples thereof)|
|Face Value||₹ 2|
|Application Amount||Min. ₹ 13,650 (1 lot) | Max. ₹ 1,91,100 (14 lots) [at upper price band]|
|Listing on||NSE & BSE|
|Registrar||Link Intime India Private Limited|
|Cut-off time for UPI Mandate Confirmation||29-Mar-2022 (up to 12:00 PM)|
₹ 2,149.68 Crore
(50% of Net Issue)
₹ 644.90 Crore
(15% of Net Issue)
₹ 1,504.77 Crore
(35% of Net Issue)
|Employee Reservation Portion||₹ 65 Lakh (up to 10,000 Equity Shares)|
|IPO Opens||March 24, 2022|
|IPO Closes||March 28, 2022|
|Finalization of the basis of allotment||March 31, 2022|
|Unblocking of funds / Initiation of refunds||April 04, 2022|
|Credit of equity shares to Demat accounts||April 05, 2022|
|Listing of equity shares||April 06, 2022|
Apply online in just 5 minutes!Apply Now Investment in securities market is subject to market risks, read all the related documents carefully before investing.
Wealthstreet is one-stop solution for all your financial requirements.
© 2021 Wealthstreet Financial Services Private Limited. All Right Reserved.
Wealthstreet refers to Wealthstreet Financial Services Private Limited. Wealthstreet Financial Services Private Limited: INZ000157331 (Member of NSE, BSE and MCX). Wealthstreet Financial Services Private Limited acts in the capacity of a distributor for Mutual Funds having AMFI Registration Number – 118251.
Mutual Fund Investments are subject to market risks. Please read all scheme related documents carefully before investing. Investment in the securities involves risks. The user is required to undergo risk profiling before investing. Guided view is indicative in nature and is based on the information provided by the user voluntarily. Each user of this information should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred here (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. Past performance is not necessarily a guide to future performance.
The information contained in this website is for general information purposes only. The information is provided by Accord Fintech Private Limited. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the timeliness, completeness, accuracy, reliability, suitability or availability with respect to the website or the information or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. Wealthstreet Financial Services Private Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this website.
Content Powered by Accord Fintech Pvt. Ltd.
Broking and DP services offered by Wealthstreet Financial Services Private Limited under SEBI Registration No.: INZ000157331 (Member of NSE, BSE and MCX) and IN-DP-CDSL-361-2018 (DP with CDSL). Investor grievance resolution team, Tel: 079-66775500, Email ID: email@example.com. Name of the Compliance Officer for Trading & DP – Mr. Suren Pandya, Email ID: firstname.lastname@example.org. Corporate Office: A – 1101, Mondeal Heights, S.G.Highway, Ahmedabad – 380015.; Tel. 079-66775500.
Link to SCORES portal – https://www.scores.gov.in/scores/Welcome.html