Ruchi Soya Industries Ltd
What is FPO Follow-on Public Offer?
A Follow-on Public Offer is launched by an already listed company to issue shares to the public. Like an IPO, this issue can be in the form of new shares or an offer for sale from the promoter or major investor group. 
Incorporated in 1986, Ruchi Soya Industries, a part of Patanjali Group, is one of the leading FMCG brands in the Indian edible oil sector.
It is the largest manufacturer of soya foods with a presence across the entire value chain in upstream and downstream businesses with secured palm plantations.
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.
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 2021, 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.
IPO Schedule
| Finalization of Allotment | 31-03-2022 |
| Initiation of RefundsInitiation of Refunds | 04-04-2022 |
| The credit of Shares In Demat | 05-04-2022 |
| Date of Listing | 06-04-2022 |
IPO APPLY
ZERODHA USERS CLICK HERE