In the case of Ruchi Soya Industries, the public bidding for the follow-on public offer (FPO) finished on March 28, 2023. On the final day, the company’s initial public offering (IPO) was subscribed 3.60 times, with the enormous contribution coming from Non-Institutional Investors (NIIs) 11.75 times. According to the timeline, the firm will start the allocation on the BSE website on April 5, 2023. Read the article to know about Ruchi Soya IPO allotment status, share price, date.
Ruchi Soya IPO Allotment
The Ruchi Soya FPO date has been set; the initial public offering (IPO) commenced on March 24 and end on March 28, 2023. The corporation intends to sell a 17 percent ownership in the promoter company, Patanjali, to a third party. The Ruchi Soya FPO plans to generate Rs. Four thousand three hundred crores via public offerings. NII is 15 percent, QIB is 50 percent, and FPO retail quotas are 35 and 50%, respectively.
|Company Name||Ruchi Soya Industries|
|Registrar Name||Link InTime Pvt Ltd|
|Issue Type||Book Built Issue FPO|
|Face Value||₹2 per equity share|
|IPO Price||₹615-680 per equity share|
|Market Lot||21 shares|
|Listing At||BSE, NSE|
|Lead Managers||Axis Capital Ltd.
ICICI Securities Ltd.
SBI Capital Markets Ltd.
Ruchi Soya Industries is a member of the Patanjali Group, founded in 1986 and headquartered in New Delhi, India. Their products include edible oils and soya foods, and they are a well-known FMCG brand in India. As palm oil plantation owners, they have secure access to palm oil plants in India and dominate the entire value chain.
More than 11000 metric tons of refining capacity within their manufacturing facilities, 11000 metric tons of crushing capacity, and ten thousand tons of packaging capacity—these facilities number around 22.
Ruchi Soya IPO Allotment Status
According to industry sources, Ruchi Soya Industries, a fast-moving consumer goods (FMCG) company and a member of the Patanjali Group, will announce the allotment status of its follow-on public offering (FPO) today, April 5. The FPO was available for subscriptions from March 24 to March 28; the deadline to subscribe was March 28.
Investors subscribed to the follow-on public offering (FPO) were subscribed 3.6 times by investors in the first three days of the subscription period. However, after Ruchi Soya’s initial public offering (IPO), the Securities and Exchange Board of India (SEBI) allowed investors to withdraw their bids, the company was embroiled in a legal battle with the markets regulator.
According to reports, the subscription rate dropped from 3.6 times to 3.4 times. A total of 14,583 applications submitted to the FPO were withdrawn or rejected.
Ruchi Soya IPO Allotment Status Check
Here’s how to check the allotment status of Ruchi Soya FPO on the stock exchange’s website:
- Go to the BSE website or the NSE website by clicking on the links below.
- For BSE, go to “Equity” and choose “Ruchi Soya” from the dropdown menu.
- Now, input your application number and PAN (Permanent Account Number).
- Select ‘Search’ from the dropdown menu.
- Please keep in mind that the specifics will only be revealed after the allocated shares.
Additionally, you may visit the registrar’s website to monitor the progress of your application.
Ruchi Soya IPO Allotment Date
As a part of the Patanjali Group, one of the top FMCG brands in India’s edible oil sector, Ruchi Soya Industries was established in 1986. With its presence across the entire value chain of upstream, downstream, and palm plantation ownership, Ruchi Soya Industries is the world’s largest manufacturer of soya foods.
To see the FPO allotment, which will be made available on the BSE’s website (bseindia.com), or to remain connected with us until the conclusion of this piece, investors should visit the company’s website on April 5, 2023.
About Ruchi Soya
Because of the company’s integration into the edible oil market since its inception in 1986, Ruchi Soya Industries Limited (Ruchi Soya) has grown to be an integrated player with a presence throughout the whole value chain, from farm to fork, as well as secure access to palm oil plantations in India.
Ruchi Soya is a pioneer in soya foods and one of India’s leading manufacturers of a healthy range of edible oils. Ruchi Soya today ranks among the top FMCG companies in the country as one of the leading producers of edible oils. Furthermore, it is one of India’s major palm plantation companies.
|Official Website||Click Here|
|DMER Homepage||Click Here|
1 thought on “Ruchi Soya IPO allotment status, share price, date”
Sir Share ke price ko sambhlo .Share ko down mat Jane do .Agar share neecha jata ha to investors ka viwash Patjanli se ooth Jaye ga aur jo retail investor jinho ne bid wapes nahi le vha mara jaae go .Dhanwad ji