Hello viewers, today we are going to discuss Ruchi Soya Industries FPO details. We have done many reviews of many company’s IPO before. Now, we are going to discuss company FPO (Follow on Public Offer). It is after a process of IPO in which the company raises money for offering its shares to listed public investors. let’s start with the company Ruchi Soya FPO review. The company has got a permit through SEBI to raise ₹4,300 crores FPO. Soon they will reveal the price of its share which they will offer through FPO. Patanjali bought the Ruchi Soya (Nutrela Brand of Products) in the year 2019 for ₹4,350 crores.
What Is Ruchi Soya Industries FPO?
Now, let’s have a look at the company background. Since 2019 Ruchi Soya Industries has been associated with Patanjali Group. The company was legally registered in the year 1986. The corporation is one of the top leading FMCG brands in the Edible Oil Sector and Soya Food all over India. They are a well-reputed and trusted brand across the entire value chain from farm to with especially palm oil plantations in India.
They have more than 22 manufacturing sectors with a refining capacity of over 11000 tonnes per day, a seed crushing capacity of 11000 tonnes per day, and a packaging capacity of 10000 tonnes per day. Along with it, they have huge diversification in their products that includes Mahakesh Oil, Sunrich Oil, Ruchi Gold Oil, Nutrela Oil, Nutrela Soya Foods, Nutrela New Products, Ruchi Star Soyabean Oil, Vanaspati, and Bakery Fats.
At present Ruchi, Soya oil is one of the largest oil brands in India. They have been exporting a large number of products in India as well as global markets like Vietnam, Japan, Indonesia, Malaysia, South Korea, Europe, and the Middle East. They also have got the achievement from SOPA for the ‘Highest Manufacturer Exporter’. Get a visit to the Ruchi Soya FPO details.
Ruchi Soya Industries FPO Date & Price Band (Tentative)
| FPO Open: | September 2021 |
| FPO Close: | September 2021 |
| FPO Size: | Approx ₹4300 Crores (100% Book Built Issue) |
| Face Value: | ₹2 Per Equity Share |
| Price Band: | N/A |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| QIB Portion: | 50% |
| NII Portion: | 15% |
| Discount: | N/A |
Ruchi Soya Industries FPO Market Lot
The Ruchi Soya FPO minimum market lot is – shares with ₹- application amount. The retail investors can apply up-to – lots, – shares with ₹- application amount.
| Minimum Lot Size: | N/A |
| Minimum Amount: | N/A |
| Maximum Lot Size: | N/A |
| Maximum Amount: | N/A |
Ruchi Soya FPO Date, Time Table, Allotment & Listing
The Ruchi Soya Industries FPO date is September 2021 and the FPO close date is September 2021. The allotment date is September 2021 and the FPO may list on September 2021.
| Price Band Announcement: | September 2021 |
| Anchor Investors Allotment: | September 2021 |
| FPO Open Date: | September 2021 |
| FPO Close Date: | September 2021 |
| Basis of Allotment: | September 2021 |
| Refunds: | September 2021 |
| Credit to Demat Account: | September 2021 |
| FPO Listing Date: | September 2021 |
The company hasn’t mentioned its opening date yet. so wait for its opening date then we will let you know information about company’s lot details, price and more. As you know we have been providing you with Company IPO and FPO details. So if you want to know more company IPO and FPO reviews, make sure you have joined with us and for more updates keep following us on All Social Updates.