Ruchi Soya Industries Ltd FPO – Globe Capital
Ruchi Soya Industries Ltd FPO
Closed
Price Band
Rs. 615 – 650
IPO Issue Period
March 24, 2022 to March 28, 2022
Issue Size
Rs. 4300 Cr.
Face value
Rs. 2/-
Fresh issue
NIL
Offer for sale
Rs. 4300 Cr.
Minimum Shares for Retail
21 shares
Listing on
NSE, BSE
Issue Type
Book Building
Registrar to the Issue
Link Intime India Private Ltd
Tentative Listing Date
April 06, 2022
QIB
Not More than 50% of the offer
NII
Not less than 15% of the offer
Retail
Not less than 35% of the offer

Axis Capital Limited
ICICI Securities Limited
SBI Capital Markets Limited
Link Intime India Private Ltd

Ruchi Soya Industries Limited (“Ruchi Soya”) is a diversified FMCG and FMHG focused company, with strategically located manufacturing facilities and well recognised brands having pan India presence. They are one of the largest FMCG companies in the Indian edible oil sector and one of the largest fully integrated edible oil refining companies in India. Being the pioneers and largest manufacturers of soya foods has aided their brand ‘Nutrela’ in becoming a household and generic name in India. They are across the entire value chain in palm and soya segment, with a healthy mix of upstream and downstream business.

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.

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.

For year/ period ended ( in Cr.)

H1FY22 FY21 FY20
Total Revenue 11,261.19 16,318.63 13,117.79
Profit After Tax 337.81 680.77 7,714.61
EPS 11.42 23.02 876.88
OPM (%) 6.25% 6.22% 3.48%
PATM (%) 3.00% 4.17% 58.81%
  • 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.
  • Repayment and/or prepayment of company’s borrowings either partially or fully.
  • Funding working capital requirements.
  • General Corporate purposes.

Based on all current parameters, the issue is reasonably priced. Considering its current plans, this may be long term play. Investment may be considered with a medium to long-term perspective in this issue.

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