Ruchi Soya IPO allotment status, Today’s share price, date

Ruchi Soya IPO allotment status, Today’s share price, date and All the details are Provided Here, Don’t Forget to leave Your Comments.

The public tender for the follow-on public offering (FPO) of Ruchi Soya Industries expired on March 28, 2022. The company’s initial public offering (IPO) was subscribed 3.60 times on the last day, with a massive contribution of 11.75 times from non-institutional investors (NIIs). The company will begin allocating on the BSE website on April 5, 2022, according to the timeline. To discover more about it, read the article. IPO Allotment Status, Stock Price, and Date for Ruchi Soya

Ruchi Soya IPO Allotment

The initial public offering (IPO) for Ruchi Soya began on March 24 and will end on March 28, 2022. A 17 percent share in the promoter business Patanjali will be sold to a third party by the company. The Ruchi Soya FPO intends to raise Rs. 4,300 crores through public offers. The NII is 15%, the QIB is 50%, and the FPO retail quotas are 35 and 50%, respectively.

Name of the company Ruchi Soya Industries
Registrar name Link InTime Pvt Ltd
category FPO Allocation
problem type Book built edition FPO
face value ₹2 per share
IPO price ₹615-680 per share
marketless 21 shares
listing at BSE, NSE
senior managers Axis Capital Ltd.
ICICI Securities Ltd.
SBI Capital Markets Ltd
Official site ruchisoya.com

Patanjali Group, which was created in 1986 and is located in New Delhi, India, owns Ruchi Soya Industries. Edible oils and soy meals are among their products, and they are a well-known FMCG brand in India. They have secure access to oil palm facilities in India as plantation owners, and they control the full value chain.

They have more than 11,000 tonnes of refining capacity, 11,000 tonnes of crushing capacity, and ten thousand tonnes of packaging capacity in their manufacturing facilities, which number around 22.

Ruchi Soya IPO Allotment Status

Ruchi Soya Industries, a fast-moving consumer goods (FMCG) company and member of the Patanjali Group, will announce the allotment status of its follow-up public offering (FPO) today, April 5, according to industry sources. The FPO was open for subscriptions from March 24 to March 28; the subscription deadline was March 28th.

In the first three days of the subscription period, investors who subscribed to the Follow-on Public Offering (FPO) got 3.6 subscriptions. The Securities and Exchange Board of India (SEBI) enabled investors to withdraw their bids following Ruchi Soya’s initial public offering (IPO), and the business became entangled in a legal struggle with the market regulator.

According to reports, the subscription rate has declined from 3.6x to 3.4x. A total of 14,583 applications were withdrawn or rejected from the FP.

Ruchi Soya IPO Allotment Status Check Online

On the exchange’s website, you can check the progress of the Ruchi Soya FPO allotment:

  • By clicking on the links below, you can go to the BSE or NSE websites.
  • To find Ruchi Soya on the BSE, go to Equity and choose it from the drop-down option.
  • Now type in your application number as well as your PAN (Permanent Account Number).
  • From the drop-down menu, choose “Search.”
    Please keep in mind that details will be released only after the shares have been distributed.
  • You can also track the status of your application by going to the registrar’s website.

Ruchi Soya IPO Grant Date

Ruchi Soya Industries was established in 1986 as part of the Patanjali Group, one of India’s most well-known FMCG brands in the edible oil industry. Ruchi Soya Industries is the world’s largest soy food manufacturer, with operations in the upstream, downstream, and palm plantation value chains.

Investors should visit the company’s website on April 5, 2022 to view the FPO allocation made accessible on the BSE’s website (bseindia.com) or to stay in touch with us until the end of this article.

About Ruchi Soy

Ruchi Soya Industries Limited (Ruchi Soya) has grown into an integrated company with a presence throughout the value chain from farm to fork, as well as safe access to India’s oil palm plantations, thanks to the Company’s integration into the edible oil industry since its foundation in 1986.

Ruchi Soya is a soy food pioneer as well as one of India’s major producers of a wide range of nutritious edible oils. Ruchi Soya is one of the country’s leading FMCG companies, as one of the leading producers of edible oils. Furthermore, it is one of India’s major palm planting firms.

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