Ruchi Soya FPO: Baba Ramdev's Company's Shares Available at 40% Discount. Should You Buy?
2 years, 9 months ago

Ruchi Soya FPO: Baba Ramdev's Company's Shares Available at 40% Discount. Should You Buy?

News 18  

Ruchi Soya FPO: Ruchi Soya, backed by yoga guru Baba Ramdev, follow-on public offering will run from today, March 24 to March 28, 2022. Investors who participated in the offer included Aditya Birla Sun Life Trustee, AG Dynamics Funds, Alchemy India, ASK MF, Authum Investment, Belgrave Investment Fund, BNP Paribas Arbitrage, Cohesion MK Best Ideas, HDFC Life Insurance, Kotak MF, NPS Trust, Quant MF, SBI Life Insurance, Societe Generale, UPS Group TRUST, UTI MF, Volrado Venture Partners, and Winro Commercial. About Ruchi Soya Ruchi Soya is among the largest branded oil packaged food company with a strong portfolio of brands of cooking oils under categories such as palm, soybean, mustard, sunflower, cottonseed etc. Thus, we recommend a subscribe rating on the issue.” Ravi Singh-Vice President and Head of Research ShareIndia, said: “Ruchi Soya FPO looks good for long term perspective.

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History of this topic

FMCG firm Ruchi Soya announces 250 per cent dividend for 2022 financial year
2 years, 6 months ago

FMCG firm Ruchi Soya announces 250 per cent dividend for 2022 financial year

Hindustan Times  

Ruchi Soya Industries Limited, a diversified Fast Moving Consumer Goods and Fast Moving Health Goods firm on Friday announced that its board approved a 250 per cent dividend for the financial year which ended in March. According to the company statement, Ruchi Soya Industries registered a revenue growth of 48.22 per cent which jumped to ₹24,284.38 crores against the figure …

Ruchi Soya to Become Patanjali Foods After Biz Acquisition; Share Surges nearly 8%
2 years, 7 months ago

Ruchi Soya to Become Patanjali Foods After Biz Acquisition; Share Surges nearly 8%

News 18  

Ruchi Soya said that its board has decided to change the name of the company from “Ruchi Soya Industries Limited” to “Patanjali Foods Limited” subject to statutory and regulatory approvals. “Business Transfer Agreement with Patanjali Ayurved Limited to ; acquire the food retail business undertaking of PAL which consists of manufacturing, packaging, labelling and retail trading of certain food products …

Ruchi Soya Shares Trade Higher; Investors Earn 75% Returns On FPO Price In 3 Weeks
2 years, 7 months ago

Ruchi Soya Shares Trade Higher; Investors Earn 75% Returns On FPO Price In 3 Weeks

News 18  

Shares of Ruchi Soya Industries, which were listed earlier this month, have given strong returns to investors in a span of just three weeks, in otherwise a weak market on the back of heavy volumes. The Ruchi Soya FPO was done to dilute the promoter holding in the company in order to comply with the 25 per cent minimum public …

Ruchi Soya share price: Baba Ramdev's Patanjali owned firm makes strong gains
2 years, 8 months ago

Ruchi Soya share price: Baba Ramdev's Patanjali owned firm makes strong gains

India Today  

Ruchi Soya's share price jumped on Monday even as the equity indexes Sensex and Nifty began the week on a tepid note. RUCHI SOYA SHARE PRICE Ruchi Soya's share price jumped by 5.57 per cent or 51.50 points to Rs 976.35. You can check Ruchi Soya share price on BSE at https://www.bseindia.com/stock-share-price/ruchi-soya-industries-ltd/ruchisoya/500368/. In another big development, Ruchi Soya Industries Limited's …

Ruchi Soya Surges 8% After Listing of FPO Shares. Should You Sell, Hold or Buy?
2 years, 8 months ago

Ruchi Soya Surges 8% After Listing of FPO Shares. Should You Sell, Hold or Buy?

News 18  

Ruchi Soya FPO: The stock of Ruchi Soya Industries jumped 8 per cent to Rs 883 on the BSE in Friday’s intra-day trade, extending its Thursday’s 8.5 per cent gain’ after 66.15 million equity shares, which were allotted in a follow-on-public offering, started trading on the exchanges from today. According to stock market investors, those bidders who applied for arbitrage …

Ruchi Soya FPO: Sebi Allows Retail Investors to Withdraw Bid; Know Details
2 years, 8 months ago

Ruchi Soya FPO: Sebi Allows Retail Investors to Withdraw Bid; Know Details

News 18  

Ruchi Soya FPO: Market regulator Securities and Exchange Board of India has provided an option to the investors in Ruchi Soya’s Rs 4,300 crore follow-on public offer to withdraw their applications. Patanjali Group company- Ruchi Soya Industries Ltd has opened the Follow-On Public offer for retail investors. A notice to investors shall be issued in the form of an Explaining …

Ruchi Soya FPO Last Day to Invest: Subscription Status, Financials, Key Things to Know
2 years, 8 months ago

Ruchi Soya FPO Last Day to Invest: Subscription Status, Financials, Key Things to Know

News 18  

Ruchi Soya FPO Last Day: Ruchi Soya Industries FPO has been subscribed 1.4 times so far as the FPO garnered bids for 6.86 crore equity shares against the size of 4.89 crore equity shares on the final day of bidding. Ruchi Soya FPO: Subscription Status So far, the issue has subscribed 1.35 times with the FPO garnering bids for 66 …

Ruchi Soya FPO Day 2: Price, Subscription Status, Financial; Should you Invest?
2 years, 8 months ago

Ruchi Soya FPO Day 2: Price, Subscription Status, Financial; Should you Invest?

News 18  

Ruchi Soya FPO: Patanjali Ayurved-backed Ruchi Soya Industries follow-on public offer has received bids for 1.52 crore equity shares against an offer size of 4.89 crore shares, a 31 per cent subscription by the afternoon of March 25, the second day of bidding. Ruchi Soya FPO: Subscription Status Retail investors have put in bids for 35 per cent shares of …

Ruchi Soya Hits Capital Market; We Want To Surpass Hindustan Unilever, Says Ramdev
2 years, 9 months ago

Ruchi Soya Hits Capital Market; We Want To Surpass Hindustan Unilever, Says Ramdev

ABP News  

New Delhi: Ramdev-led Patanjali Ayurved’s Ruchi Soya on Thursday hit the capital market to raise Rs 4,300 crore through its follow-on public offer as it aims to become a debt-free firm. During his interview, Ramdev promised that Ruchi Soya, which is currently the second-biggest edible oils brand in India, will become the number one brand in the country within 3-5 …

Ruchi Soya FPO: Baba Ramdev's Company Sets Price Band at 35% Discount. Should you Invest?
2 years, 9 months ago

Ruchi Soya FPO: Baba Ramdev's Company Sets Price Band at 35% Discount. Should you Invest?

News 18  

Ruchi Soya FPO: Edible oil major Ruchi Soya Industries has priced its Rs 4,300 crore follow-on public offering which will run from March 24 to 28 at Rs 615-650 a share. Ruchi Soya FPO: Price Band The higher end of the price band – Rs 650 a share – represents a 35 per cent discount from Thursday’s closing price. Ruchi …

Ruchi Soya to Launch Follow-on Public Offer on March 24; Looking to Raise Up to Rs 4,300 Cr
2 years, 9 months ago

Ruchi Soya to Launch Follow-on Public Offer on March 24; Looking to Raise Up to Rs 4,300 Cr

News 18  

Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurved, will hit the capital market with its follow-on public offer on March 24 to raise up to Rs 4,300 crore. The company is coming out with the public issue to meet Sebi’s norm of minimum public shareholding of 25 per cent in a listed entity. As per …

It’s Time Sebi Asks the Right Questions From Ramdev on Ruchi Soya
3 years, 2 months ago

It’s Time Sebi Asks the Right Questions From Ramdev on Ruchi Soya

News 18  

The Securities and Exchange Board of India sermonising to Baba Ramdev for talking up Ruchi Soya during a yoga session is missing the wood for the trees. For starters, Patanjali acquired Ruchi Soya, valued at Rs 4,350 crore, from National Company Law Tribunal in November 2019 despite not being the highest bidder. However, since re-listing in early January 2020, Ruchi …

Baba Ramdev Ropes in Indian Olympians as New Ruchi Soya Brand Ambassadors
3 years, 4 months ago

Baba Ramdev Ropes in Indian Olympians as New Ruchi Soya Brand Ambassadors

News 18  

Baba Ramdev announced at an event that Olympians Bajrang Punia, Ravi Dahiya and Deepak Punia as brand ambassadors for Ruchi Soya. Yoga guru Ramdev’s promoted Patanjali which owns Ruchi Soya Industries, has decided to pick the three Olympic athletes as the brand ambassadors for its flagship brand. I take a bow and on its sportspersons” Ramdev said while introducing three …

Baba Ramdev's Ruchi Soya Rs 4,300-Cr FPO Likely to Launch Next Week. Details Here
3 years, 4 months ago

Baba Ramdev's Ruchi Soya Rs 4,300-Cr FPO Likely to Launch Next Week. Details Here

News 18  

The Baba Ramdev owned Ruchi Soya Industries, a part of the Patanjali Group of companies, received the green light from The Securities and Exchange Board of India. The FPO is being launched to meet SEBI’s minimum public shareholding norm of 25 per cent in a listed entity, under the Securities Contract Rules, 1957. So, to keep in line with the …

Baba Ramdev's Ruchi Soya Files FPO Document to Raise Up to Rs 4,300 Crore
3 years, 6 months ago

Baba Ramdev's Ruchi Soya Files FPO Document to Raise Up to Rs 4,300 Crore

News 18  

Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, has filed draft document with SEBI to launch a follow-on public offer for raising up to Rs 4,300 crore. Ruchi Soya filed the draft red herring prospectus with market regulator SEBI on Saturday, sources said, adding that the company plans to raise up to Rs 4,300 crore …

Patanjali Group-owned Ruchi Soya to Launch FPO Next Year, Says Ramdev
4 years, 1 month ago

Patanjali Group-owned Ruchi Soya to Launch FPO Next Year, Says Ramdev

News 18  

Edible oil firm Ruchi Soya, which is owned by Patanjali Ayurved, will launch a follow-on public offer next year to bring down promoters' shareholding in the company, said Swami Ramdev. Patanjali Group has run Ruchi Soya efficiently after the acquisition last year, he said, and expected higher growth during the current fiscal year. As per the resolution plan approved by …

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