Ruchi Soya Industries FPO

Ruchi Soya Industries FPO

FPO

  • The Ruchi Soya Industries, a leading company in the field of edible oil, has been given a chance to make money.
  • Company has announced the price band of its follow-on public offer (FPO) on Sunday.
  • Ruchi Soya’s Rs 4,300 crore FPO will open on March 24.
  • Also, the last date to subscribe is March 28.

Ruchi Soya Industries has set a price target of ₹ 615- ₹ 650 per share for the FPO. The company said in its stock filing that the company’s issue committee has approved a price of Rs 615 per share and a cap of Rs 650 per share for the FPO.

The FPO minimum number of shares is 21 shares, according to documents submitted by Ruchi Soya.

This means that you have to buy at least 21 shares to invest in it. You have to apply in the same way.

Ruchi Soya FPO Details

FPO date24 Mar 2022 – 28 Mar 2022
Listing date06 Apr 2022
Price range615 – 650
Minimum order quantity21
(D)RHPView

Open Upstox Demat & Trading Account For Ruchi Soya FPO Apply

Ruchi Soya Follow On Public Offer (FPO)

  • When the stock market closed on 17 MAR 2022, Ruchi Soya shares were valued at ₹ 1,004.45 on the BSE. That’s 35 percent less than on Thursday. These shares will be sold at such a big discount.
  • Shares under FPO will be allotted on April 4, 2022.
  • The shares of the company will be credited to the demat account of the eligible investors on April 5, 2022 and trading will start from the next day.
  • Investors who do not succeed in FPOs will start getting returns from April 4.
  • As a result, if the shares are received, the company’s shares will not fall below this level in the next fortnight.
  • This is likely to benefit investors.
  • Patanjali Ayurveda, led by yoga guru Baba Ramdev, bought Ruchi Soya in 2019 through bankruptcy proceedings.
  • The company had received permission from market regulator SEBI to bring in FPO in August last year.

Financial Snapshot

Financial Year EndedRevenue (₹ Crores)PAT (₹ Crores)EPS (₹)
March 201912,829.2634.13104.54
March 202013,175.377,714.61876.88
March 202116,382.98680.7723.02
As of September, 202111,306.99337.8111.42

IPO Schedule

Issue Period24th March 2022 to 28th March 2022
Finalization of Allotment31st March 2022
Initiation of Refunds4th April 2022
Credit of Shares5th April 2022
Date of Listing6th April 2022
Mandate end date13th April 2022
Anchor Investors Lock-in End Date27th April 2022

Ruchi Soya FPO Faq

What is Ruchi Soya FPO?

Company has announced the price band of its follow-on public offer (FPO) on Sunday. Ruchi Soya’s Rs 4,300 crore FPO will open on March 24. Also, the last date to subscribe is March 28.
Ruchi Soya Industries has set a price target of ₹ 615- ₹ 650 per share for the FPO

How to apply in Ruchi Soya FPO through Zerodha?

You can apply for the Ruchi Soya FPO using any supported UPI app by following two steps:Enter your bid on Console
Accept UPI mandate on your phoneOn acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

When Ruchi Soya FPO will come?

Ruchi Soya’s Rs 4,300 crore FPO will open on 24 March 2022.

Ruchi Soya FPO Date?

Ruchi Soya’s Rs 4,300 crore FPO will open on 24 March 2022. Also, the last date to subscribe is March 28.

Ruchi Soya FPO Price?

Ruchi Soya Industries has set a price target of ₹ 615- ₹ 650 per share for the FPO

When Patanjali Buy Ruchi Soya ?

Patanjali Ayurveda, led by yoga guru Baba Ramdev, bought Ruchi Soya in 2019 through bankruptcy proceedings. The company had received permission from market regulator SEBI to bring in FPO in August last year.

What is Ruchi soya FPO allotment Date?

Shares under FPO will be allotted on April 4, 2022.

Ruchi Soya FPO Initiation of Refunds?

4th April 2022

Ruchi Soya FPO minimum share apply?

FPO minimum number of shares is 21 shares

Differences between IPO and FPO?

While an IPO is the first or initial sale of shares of a company to the general public, an FPO is an additional share sale offer( Listed company sell shares to public).

How to check allotment status for Ruchi Soya FPO ?

You can check the allotment status for the Ruchi Soya FPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.