Ruchi Soya Industries Limited FPO Listing Update

Ruchi Soya Industries Limited FPO Listing Update

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Ruchi Soya Industries Limited FPO Listing Update

Issue Price: Rs 650
Listing Day Opening: Rs 850
Listed On: 08 April 2022
Subscription Status: 3.60x

IPO Details

Bidding Dates: 24 March 2022 – 30 March 2022
Allotment Date: 05 April 2022
Refund Initiation: 06 April 2022
Listing: 08 April 2022
Price Range: Rs 615 – 650
Lot Size: 21
Issue Size: Rs 4,300 Cr.

Ruchi Soya Industries Website

Ruchi Soya Official Website: http://www.ruchisoya.com/

Ruchi Soya Industries Limited FPO Listing Update

About The Company

.Since it’s incorporation in 1986,
Ruchi Soya Industries Limited (Ruchi Soya) has evolved as an integrated player in the edible oil business with a presence across the entire value chain, from farm to fork with secured access to palm oil plantations in India. Today Ruchi soya features among the Top FMCG players as one of the leading manufacturer & marketer of healthy range of Edible Oils and a Pioneer of Soya Foods in India. It is also one of the largest palm plantation companies in India.

Today, Ruchi Soya owns 22 manufacturing units that cumulatively translate to a refining capacity of over 11000 tonnes per day, seed crushing capacity of 11000 tonnes per day and packaging capacity of 10000 tonnes per day. A Pan-India presence with strategically located manufacturing facilities striking the right balance between proximity to raw materials and markets coupled with an extensive distribution network and a large sales force in India has enabled the company to have smooth operations, higher production to meet the ever increasing domestic demand and has also enabled it to export by-products such as soya meal, lecithin and other food ingredients to other countries. Ruchi soya has access to exclusive procurement rights to over two lakh hectares of land in India with a potential of palm oil cultivation.