Ruchi Soya Industries Limited FPO IPO Detail
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 manufacturers of soya foods with a presence across the entire value chain in upstream and downstream businesses with secured palm plantations.
The firm operates in different verticals such as Edible oil and by-products, Oleochemicals, Textured Soya protein (TSP), Honey and Atta, Oil Palm Plantation, Biscuits, Cookies, and Rusks, Noodles and Breakfast cereals, Nutraceuticals and wellness, and Renewable energy wind power. Currently, it is leveraging its brand "Neutrela" with a range of premium products like "Neutrela High Protein Chakki Aata" and "Neutrela Honey".
Till June 2021, Ruchi Soya owns 22 manufacturing units with a total refining capacity of 11000 tonnes per day, currently, 16 plants are operational. It has a strong network distribution of 100 sale depots, 4763 distributors, and 457,788 retail outlets.
Competitive strengths
- Part of Swami Ramdev led FMCG company, Patanjali group.
- Leading company in oil palm plantation.
- Strong and extensive network distribution in India.
- Experienced leadership and management team.
Company Promoters
Acharya Balkrishna, Ram Bharat, Snehlata Bharat, Patanjali Ayurved Limited, Patanjali Parivahan Private Limited, Divya Yog Mandir Trust, Patanjali Gramudyog Nayas, Ruchi Soya Industries Limited Beneficiary Trust, Yogakshem Sansthan, Vedic Broadcasting Limited, Patanjali Peya Private Limited, Patanjali Natural Biscuits Private Ltd, Divya Packmaf Private Ltd, Vedic Ayurmed Pvt Ltd, Sanskar Info TV Pvt Ltd, Patanjali Agro India Pvt Ltd, SS Vitran Healthcare Pvt Ltd, Patanjali Paridhan Pvt Ltd, Gangotri Ayurveda Limited, Swasth Aahar Pvt Ltd, and Patanjali Renewable Energy Pvt Ltd are the company promoters.IPO Details
| IPO Opening Date | Mar 24, 2022 |
| IPO Closing Date | Mar 28, 2022 |
| Issue Type | Book Built Issue FPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹615 - 650 per equity share |
| Market Lot | 21 Shares |
| Min Order Quantity | 21 Shares |
| Listing At | BSE, NSE |
| Issue Size | ₹4,300.00 Cr |
| Fresh Issue | - |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.01x | - | - | 0.04x | 0.21x | 0.11x |
| Day 2 | 0.41x | - | - | 0.25x | 0.39x | 0.36x |
| Day 3 | 2.2x | - | - | 11.75x | 0.89x | 3.59x |
IPO Tentative Timetable
The Ruchi Soya Industries Limited FPO IPO open date is Mar 24, 2022, and the close date is Mar 28, 2022. The issue may list on Apr 08, 2022.
| IPO Open Date | Mar 24, 2022 |
| IPO Close Date | Mar 28, 2022 |
| Basis of Allotment Date | Apr 05, 2022 |
| Initiation of Refunds | Apr 06, 2022 |
| Credit of Shares to Demat Account | Apr 07, 2022 |
| IPO Listing Date | Apr 08, 2022 |
IPO Lot Size
The Ruchi Soya Industries Limited FPO IPO market lot size is 21 shares. A retail-individual investor can apply for up to 14 lots (294 shares or ₹191100).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 21 | ₹13650 |
| Maximum | 14 | 294 | ₹191100 |
IPO Promoter Holding
| Pre Issue Share Holding | 98.90% |
| Post Issue Share Holding | 80.82% |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Dec-20 | 855,879.73 | 1,152,347.56 | 36,643.87 |
| 31-Mar-20 | 786,761.13 | 1,317,536.56 | 771,461.39 |
| 31-Mar-19 | 789,427.20 | 1,282,925.56 | 3,412.89 |
| 31-Mar-18 | 772,056.65 | 1,202,928.03 | 557,327.99 |
Objects of the Issue:
- Repayment and/or prepayment of company's borrowings either partially or fully.
- Funding working capital requirements.
- General Corporate purposes.
Ruchi Soya Industries Limited FPO IPO Registrar:
Link Intime India Private Ltd
Ruchi Soya Industries Limited FPO IPO Lead Manager(s):
Axis Capital Limited, ICICI Securities Limited, SBI Capital Markets Limited
Company Contact Information:
Ruchi Soya Industries Limited FPO
Ruchi House, Royal Palms, Survey No. 169,
Aarey Milk Colony, Near Mayur Nagar,
Goregaon (East), Mumbai 400 065
