Ruchi Soya Industries is preparing to launch an initial public offering (IPO) on March 24, 2023. The issue is set to be end on March 28, 2023, and there is presently a thriving grey market for it. According to the present scenario, the Ruchi Soya IPO GMP operates steadily. In an initial public offering (IPO), the GMP, also known as the Grey Market Premium, refers to the premium value the IPO shares are traded before they are published on the stock market.
Ruchi Soya IPO
Ruchi Soya’s initial public offering (IPO) is scheduled to begin on March 24 and conclude on March 28. Ruchi Soya expects to collect Rs. Four thousand three hundred crores via the FPO. The corporation has been working on its FPO for quite some time. Ruchi Soya is one of India’s leading edible oil producers, with a production capacity of 500,000 tonnes per year. Patanjali Ayurveda purchased the firm in the spring of 2019.
| IPO Opening Date | Mar 24, 2023 |
| IPO Closing Date | Mar 28, 2023 |
| Issue Type | Book Built Issue FPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹615 to ₹650 per equity share |
| Market Lot | 21 Shares |
| Min Order Quantity | 21 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹2 (aggregating up to ₹4,300.00 Cr) |
| QIB Shares Offered | 50% of the net offer |
| Retail Shares Offered | 35% of the net offer |
| NII (HNI) Shares Offered | 15% of the net offer |
According to a survey issued by Deloitte Touche Tohmatsu, Ruchi Soya is rated 175 out of the top 250 consumer goods businesses in the world in the “Global Powers of the Consumer Products Industry 2012.” The firm recorded sales of 11523 crores during the first six months of 2022, compared to revenues of 13175 crores for the same period in 2020. Ruchi Soya FPO’s price band is defined at between Rs. 615 and Rs. 650 per equity share of the company. Initial Public Offering (IPO) of Ruchi Soya will be listed on NSE and BSE.
Ruchi Soya IPO GMP
On March 24, Ruchi Soya will launch its initial public offering (IPO), which will end on March 28. Ruchi Soya intends to raise Rs 4300 crores in total using the FPO process. Despite being delayed for a long time, the firm has now launched its FPO. Mumbai-based Ruchi Soya is a leading manufacturer of edible oils in India.
As of the first quarter of 2019, Patanjali Ayurveda has acquired the firm. Ruchi Soya produces various soy-based products and is ranked 175th in Deloitte Touche Tohmatsu’s “Global Powers of the Consumer Products Industry 2012” as per the report.
Ruchi Soya Allotment date
According to the official schedule, the Ruchi Soya FPO will open on March 24, 2023, and shut on March 28, 2023. The issue may be listed on the market on April 6, 2023.
| IPO Open Date | Mar 24, 2023 |
| IPO Close Date | Mar 28, 2023 |
| Basis of Allotment Date | Mar 31, 2023 |
| Initiation of Refunds | Apr 4, 2023 |
| Credit of Shares to Demat Account | Apr 5, 2023 |
| IPO Listing Date | Apr 6, 202 |
Ruchi Soya FPO Market Lot
Ruchi Soya FPO’s minimum market lot is 21 shares, with an application amount of 13,650 for each share. Small- and medium-sized businesses (SMEs) may apply for up to 14 lots, 294 shares, with a maximum application amount of 191,100.
| Minimum Lot Size: | Minimum 21 Shares |
| Minimum Amount: | ₹13,650 |
| Maximum Lot Size: | Maximum 294 Shares |
| Maximum Amount: | ₹191,100 |
Ruchi Soya
The Patanjali Group subsidiary, Ruchi Soya Industries, was founded in 1986 and is one of the most famous FMCG brands in the Indian food industry. With a presence throughout the entire value chain from upstream to downstream and palm plantations, it is one of the world’s largest producers of soya meals.
Today, Ruchi Soya has 22 production units with an aggregate refining capacity of 11,000 tonnes every day. 16 facilities are currently operating. It aims to be financially reliable by the middle of 2022. It has a well-developed distribution network with 100 sales depots, 4763 distributors, and 457,788 retail outlet locations.
Frequently Asked Questions
Is it possible to purchase Ruchi Soya shares?
The number of equity shares investors can bid on in a Ruchi Soya FPO is 21 and multiples. To buy a single lot of Ruchi Soya Industries, they will have to spend Rs 13,650 at the top price range. BSE, as well as NSE, will list the shares.
What is causing Ruchi Soya to fall?
The price band for Ruchi Soya’s follow-on public offer (FPO) for its upcoming IPO was fixed at Rs 615-650 per share in early trade today. Adding a 35 percent discount to Thursday’s closing price, the higher end of the price range amounts to Rs 650 per share.
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Dear Ghanshyam,
Due to the fake and propoganda based info. We suspended your account.
Regards,
U
What is current situation of ruchi soya FPO. When the company allot shares to new share holder. What is listing dt of the same
NO Idea
till date IPO of ruchi soya not allotted when i can expect
Still no clearance for Ruchis Soya FPO allotment of retail investors.
? LISTIND DATE
Mare ruchi soya fpo recived thaya che parantu 8 tarikhe mara upstox account ma credit nathi thaya to mare su karvu