{"id":1489,"date":"2022-03-29T07:49:42","date_gmt":"2022-03-29T07:49:42","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=1489"},"modified":"2022-03-29T07:49:43","modified_gmt":"2022-03-29T07:49:43","slug":"ruchi-soyas-fpo-subscription-fell-by-28-14-amid-the-withdrawal-of-the-application-by-investors","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/ruchi-soyas-fpo-subscription-fell-by-28-14-amid-the-withdrawal-of-the-application-by-investors\/","title":{"rendered":"RUCHI SOYA\u2019S FPO subscription fell by 28.14% amid the withdrawal of the application by investors"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>Ruchi Soya is a diversified FMCG and FMHG focused company, with strategically located manufacturing facilities and well-recognized brands having a pan India presence. The firm is one of the largest FMCG companies in the Indian edible oil sector and a fully integrated edible oil refining company in India. Being the pioneers and largest manufacturers of soya foods has aided their brand \u2018Nutrela\u2019 in becoming a household and generic name in India. <\/p>\n\n\n\n<p><strong>Ruchi\nSoya Listing and Allotment Status<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Allotment\nDate-31<sup>st<\/sup> March 2022<\/li><li>Listing\nDate-6<sup>th<\/sup> April 2022<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"519\" src=\"https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse-1024x519.png\" alt=\"\" class=\"wp-image-1490\" srcset=\"https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse-1024x519.png 1024w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse-300x152.png 300w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse-768x389.png 768w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse-1536x779.png 1536w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse-520x264.png 520w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse-800x406.png 800w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse-1144x580.png 1144w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/bse.png 1907w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>www.bseindia.com<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"517\" src=\"https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin-1024x517.png\" alt=\"\" class=\"wp-image-1491\" srcset=\"https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin-1024x517.png 1024w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin-300x151.png 300w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin-768x387.png 768w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin-1536x775.png 1536w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin-520x262.png 520w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin-800x404.png 800w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin-1150x580.png 1150w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/linkin.png 1905w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>www.linkintime.co.in<\/figcaption><\/figure>\n\n\n\n<p><strong>Ruchi\nSoya FPO allotment status can be checked on the following website, by entering\nyour Pan number<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>https:\/\/www.bseindia.com\/ <\/li><li>https:\/\/linkintime.co.in<\/li><\/ul>\n\n\n\n<p><strong>Bump in Ruchi Soya FPO<\/strong><\/p>\n\n\n\n<p>Ruchi Soya FPO was\nsailing smoothly when a bump came in the form of an unsolicited SMS received by\nthe investors, which was reported by Ruchi Soya to IPO. <\/p>\n\n\n\n<p>The SMS said, \u201c<strong><em>Great\nnews for all beloved members of Patanjali Parivar. A good investment\nopportunity in Patanjali Group. Patanjali Group company\u2014Ruchi Soya Industries\nLtd\u2014has opened the follow-on public offer(FPO) for retail investors. The issue\ncloses on 28 March 2022. This is available in the price band\u2014&nbsp;<\/em><\/strong><strong><em>\u20b9<\/em><\/strong><strong><em>615-650 per share, i.e., a discount\nof about 30% to the market price. You can apply for shares through your bank\/\nbroker\/ ASBA\/UPI in your Demat account.&#8221;<\/em><\/strong><\/p>\n\n\n\n<p>Ruchi soya reported the same to the market regulator\nSecurities Exchange Board of India(SEBI) about the same. Amis this message,\nSEBI has asked Ruchi soya to allow investors to withdraw their application till\n30th March 2022. Following the announcement, <strong>total subscriptions fell to\n2.58x from 3.6x<\/strong> as investors across categories withdraw applications.\nDetails of same are as follows:-<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A total of 4.95 crore bids have been withdrawn.<\/li><li>The QIB subscription reduces to 1.6x from a close of 2.2x, 84 lakh bids withdrawn, the <\/li><li>HNI subscription reduces to 9x from 11.75x, 2.9 crore bids withdrawn.<\/li><li>The retail subscription reduces to 0.4x from 0.9x, 1.23 crore bids withdrawn<\/li><li>\u00a0employee subscription reduces to 4.5x from 7.7x, 32,000 bids withdrawn.<\/li><li>The SEBI allowed ex-anchor investors to withdraw Ruchi Soya FPO bids.<\/li><\/ul>\n\n\n\n<p><strong>The updated bid till 10:00 AM 29<sup>th<\/sup> March 2022 are as follows:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"539\" src=\"https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/application-1024x539.png\" alt=\"\" class=\"wp-image-1492\" srcset=\"https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/application-1024x539.png 1024w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/application-300x158.png 300w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/application-768x404.png 768w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/application-520x274.png 520w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/application-800x421.png 800w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/application-1102x580.png 1102w, https:\/\/www.invest19.com\/blog\/wp-content\/uploads\/2022\/03\/application.png 1113w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>invest19.com<\/figcaption><\/figure>\n\n\n\n<p>This\nstep by SEBI to protect the interest of investors might prove to be a\ndisadvantage for the Ruchi Soya FPO listing which is due on 6<sup>th<\/sup>\nApril. However, looking at the fundamental and financial numbers of the\ncompany, this is certainly a value-based investment for the investors in the\ncoming time.<\/p>\n\n\n\n<p>However,\ndespite all good about the company, no investments in the market are protected\nfrom market risk, thus investors must do their research before investing.<\/p>\n<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 2,525<\/span><\/div><div class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0);\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"1489\" data-trigger-type=\"like\" data-restriction=\"ip\" data-ip-check=\"0\" data-user-check=\"1\">\n                        <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">5    <\/span>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Ruchi Soya is a diversified FMCG and FMHG focused company, with strategically located manufacturing facilities and well-recognized brands having a pan India presence. The firm [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.invest19.com\/blog\/ruchi-soyas-fpo-subscription-fell-by-28-14-amid-the-withdrawal-of-the-application-by-investors\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":1496,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180,70,10],"tags":[],"class_list":["post-1489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ipo","category-featured"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=1489"}],"version-history":[{"count":2,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1489\/revisions"}],"predecessor-version":[{"id":1495,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1489\/revisions\/1495"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/1496"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=1489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=1489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=1489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}