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Patanjali Foods Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

4,300.00 cr

Price Range (₹)

650

Lot Size

21

Min Investment (₹)

13,650.00

Listing Exchange

MumbaiNSE

Open Date

24-Mar-2022

Close Date

30-Mar-2022

Listing Date

08-Apr-2022

Latest IPO News

    The Shares of Patanjali Foods Ltd have now been listed.

    Patanjali Foods Ltd IPO Details

    Further public offering of up to 6,61,53,846* equity shares of face value of Re. 2 each (Equity Shares) of Ruchi Soya Industries Limited (The Company or The Company or The Issuer) for cash at a price of Rs. 650.00 per equity share (including share premium of Rs. 648.00 per equity share) (the Issue Price) aggregating up to Rs. 4300.00 crores (the Issue). The issue includes a reservation of up to 10,000 equity shares aggregating up to Rs. 0.65 crores, for subscription by eligible employees (as defined hereinafter) (the Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as the Net Issue, aggregating up to 6,61,43,846 equity shares. The issue and the net issue shall constitute 18.27 % and 18.27 % of the post-issue paid-up equity share capital of the company, respectively.*Subject to the finalisation of the basis of allotmentThe issue price is 325 times the face value of the equity shares.Price Band: Rs. 650 per equity shares of the the face value of Rs. 2 each.The issue price is 325 times of the face value of the equity shares.Bids can be made for a minimum of 21 equity shares and in multiples of 21 equity shares thereafter.

    Objective of issue

    Repayment and/or prepayment, in full or part, of certain borrowings availed by the company. Funding incremental working capital requirements of the company. General corporate purposes.

    Patanjali Foods Ltd Contact Details

    Patanjali Foods Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - rl.gupta@patanjalifoods.com

    Website - www.patanjalifoods.com