(FPO) Ruchi Soya IPO

Ruchi Soya Industries Ltd.

₹12,915 /21 sharesMinimum Investment

(FPO) Ruchi Soya IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Mar ‘22 - 30 Mar ‘22₹12,91521₹615 - ₹650
Issue SizeIPO Doc
4300.00Cr
RHP PDF

Subscription Status As on 28 Mar '22, 3:26 PM

  • Retail Individual Investor
    0.90x
  • Non-Institutional Investor
    11.75x
  • Qualified Institutional Buyers
    2.20x
  • Employees
    7.76x
  • Total
    3.60x

About (FPO) Ruchi Soya

Ruchi Soya is a diversified FMCG company. The company is launching its Follow on Public Offering (FPO) on March 24. It was listed on BSE and NSE in January 2020. The company’s Follow on Public Offering (FPO) consists of fresh issuance of equity shares for an amount aggregating to Rs 4,300 crore.The issue also includes a reservation of up to 10,000 equity shares for subscription by eligible employees. Participation by Anchor Investors in the FPO will be one working day prior to the Bid/Issue Opening Date, i.e. Wednesday, March 23, 2022. A part of the Patanjali Group, the company is recognized amongst the largest branded oil packaged food company. It is famous for producing soya foods in India under the brand name of“Nutrela’. ;
Parent Organisation
Ruchi Soya Industries Ltd.
Founded
1986
Managing Director
Ram Bharat

Strengths & Risks

  • Strong parentage of promoter Patanjali Ayurved Limited.
  • Famous brands including Nutrela, Mahakosh, Ruchi Gold, Ruchi Star, Sunrich, Soyumm.
  • Pan India network of over 100 sale depots, and 4,763 distributors.
  • Exports to over 36 countries.
  • Foray into health and wellness space with launch of Nutraceuticals.
  • Our diversified product portfolio with presence across mass, value and premium segment.
  • High dependence on third-party suppliers in respect of availability of our raw materials.
  • Any sale of equity shares by the company’s promoters or further issue shares by the company in order to comply with the minimum public shareholding requirements may adversely affect the trading price of our equity shares.
  • Any discontinuance or termination of the company’s ‘take or pay agreement’ with Patanjali Ayurved Limited will result into material adverse effect on the company’s business.
  • No operating experience in the company’s newly forayed nutraceuticals business.
  • The company has acquired biscuits, cookies, rusk and other associated bakery product business from one of its Promoter i.e. Patanjali Natural Biscuits Private - it may have regulatory implications.
  • Outstanding legal proceedings involving the company, directors and promoters.
  • Certain of the company’s promoters and/or directors are engaged in a similar business of edible oils (such as soyabean and mustard), honey, aata (wheat flour) - it may lead to conflict of interest.
  • Negative cash flows observed in the recent past.
  • Some promoters of the company have pledged their equity shares and entered into an unattested share pledge agreement in favour of a common security trust.
  • Total outstanding borrowings (fund based and non-fund based) outstanding of Rs 312,735.28 lakhs as at May 15, 2021.
  • Some of the company’s products are subject to seasonal variations and as a result, its quarterly results of operations may fluctuate.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular615 - 650₹2 Lakh
For (FPO) Ruchi Soya IPO, eligible investors can apply as Regular.
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