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Ruchi Soya Industries Ltd IPO Details, Date, Share Price Range, Issue Size

Ruchi Soya Industries Ltd IPO Details, Date, Share Price Range, Issue Size


Category : ipo news

Ruchi Soya Industries Ltd IPO Details:

Ruchi Soya Industries Ltd. has announced public offering of 132307692 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 648.00 per share. The gross proceeds of the issue are expected to be Rs 8,60,000.00 lakhs.

The company's initial public offer (IPO) will open on 24 March 2022 and is expected to close on 28 March 2022, subject to customary closing conditions. The price band of the issue has been fixed at Rs 615.00-650.00 per share.

The IPO includes a fresh Issue of 132307692 Equity Shares of the Company at an price of Rs 650.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 21 shares with bids in multiples of 21.

Ruchi Soya Industries Ltd. anticipates using the proceeds of the issue for .

ICICI SECURITIES LTD,Axis Capital Ltd.,SBI Capital Markets Limited as lead manager(s) & Link Intime India Private Limited is the registrar, to the issue.

If the Ruchi Soya Industries Ltd is something that you’re looking to invest in come 24 March 2022, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes.


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