Ruchi Soya Industries

Patanjali Group plans to list 4 group firms over the next 5 years

The acquired food business consists of 21 products which include ghee, honey, spices, juices, atta etc. It also raised Rs 4,300 crore through a follow-on public offer

Ruchi Soya Industries renamed Patanjali Foods with effect from June 24

In May, Ruchi Soya announced the acquisition of Patanjali Ayurved's entire food business for Rs 690 crore, in order to speed up its transition into an FMCG company

Ruchi Soya FPO investors gain 42% in under two weeks, shares end at Rs 925

The 66.15 million new shares issued in the FPO, which closed on March 30, commenced trading today

Patanjali-promoted Ruchi Soya crashes 14% ahead of listing of new shares

Market players said several HNIs who applied for the FPO dumped the shares taking advantage of the attractive spread

Ruchi Soya board meeting to fix FPO issue price postponed to March 31

Shares of Ruchi Soya surged on Tuesday after the company clarified that the SMSes pertaining to investments in its FPO have not been issued by the company or its promoters

Ruchi Soya FPO gets subscribed 3.6 times on final day

Ruchi Soya Industries' follow on public offer to raise up to Rs 4,300 crore was subscribed 3.60 times on the final day on Monday.

Ruchi Soya FPO subscribed 12% on Day 1

On Wednesday, Ruchi Soya allotted shares worth Rs 1,290 crore to anchor investors at Rs 650 apiece

Ruchi Soya hits capital market to raise Rs 4,300 cr; to become debt-free

Baba Ramdev-led Patanjali Ayurved-owned Ruchi Soya on Thursday hit the capital market to raise Rs 4,300 crore through its follow-on public offer (FPO) as it aims to become a debt-free company. The issue closes on March 28. The price band has been fixed at Rs 615 to Rs 650 per share. Addressing a press conference here, Ramdev said the company has launched its FPO despite volatility in the stock market because of the war between Russia and Ukraine. He said the company has already raised Rs 1,290 crore from anchor investors on Wednesday and expressed confidence that its FPO would be a huge success as people have faith in its products and brand. Ramdev said the proceeds of the FPO would be utilised to retire the term loan of Rs 3,300 crore. "Ruchi Soya will become debt-free," he asserted. Asked why the price band has been kept lower than the current market prices, Ramdev said this has been done to give a good return to investors. Ruchi Soya shares closed on Wednesday Rs 897.45 apiec

Ruchi Soya allots shares worth Rs 1,290 cr to anchor investors ahead of FPO

Ruchi Soya has priced its FPO in the range of Rs 615-Rs 650 per share.

Ruchi Soya Industries' FPO sees strong demand from anchor investors

Ruchi Soya has priced its FPO in the range between Rs 615-Rs 650 per share. The issue price is 28-32 per cent lower than Tuesday's closing price of Rs 913 per share.

Ruchi Soya spurts 20%, hits upper limit on Rs 4,300 crore FPO announcement

FPO is being launched to meet the 25% minimum public shareholding (MPS) norm. Promoter shareholding is currently 98.9%

Ruchi Soya buys biscuits, noodles unit from Patanjali for Rs 65 cr

Ruchi Soya to use FPO fund to repay debt

Stocks to watch: Ircon Int'l, Ion Exchange, YES Bank, Ruchi Soya, BoB, RIL

YES Bank's shareholders have approved a proposal for raising Rs 10,000 crore capital

Ruchi Soya Industries hit down limit after soaring 3 times in 22 sessions

Market players said the stock is easily prone to manipulation as hardly any shares are with the public

Ruchi Soya soared 90 times in 5 months; should you buy?

From Rs 16.9 to Rs 1,519 in five months, the stock has seen a spectacular rise of 8,988 per cent

Low number of free-float pushes Ruchi Soya Industries to record high

The edible oil maker's market capitalisation is up nearly 300 times since the beginning of November last year and 70 times since its acquisition by Pantanjali Ayurved under the IBC

Ruchi Soya enters top 200 most valuable firms' club; m-cap tops Rs 10K cr

Ruchi Soya stands ahead of Dalmia Bharat, GMR Infrastructure, Polycab India, Crisil, Cummins India, IDFC First Bank, ICICI Securities, and Tata Communications in the m-cap ranking.

Market Wrap, Feb 11: Sensex snaps 2-day losing streak, rises 237 pts

In the intra-day deals, the Sensex and Nifty50 hit a high of 41,444.34 and 12,172.30 level, respectively

Patanjali secures Rs 3,200 cr loan from SBI, other banks to buy Ruchi Soya

Patanjali said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from PNB, Rs 600 crore from UBI, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank

NCLAT rejects DBS Bank plea challenging Ruchi Soya resolution plan

The Mumbai bench of the National Company Law Tribunal (NCLT) has approved around Rs 4,350-crore resolution plan on July 24, 2019