Ruchi Soya raises Rs 1,290 cr from anchor investors

Mumbai: Ruchi Soya Industries has raised ₹1,290 crore from 46 anchor investors ahead of its follow-on-public offering (FPO) that opens for public subscription on Thursday.

Edible oil maker from Baba Ramdev's Patanjali Group informed the stock exchange on Wednesday that it has allotted a total of 1.98 crore equity shares to the anchor investors.

Societe Generale, BNP Paribas, The Sultanate of Oman - Ministry of Defence Pension Fund, Yas Takaful PJSC, an Abu Dhabi-based insurance company, MK Cohesion, UPS Group, and Alchemy are among the foreign investors that received allocation under the anchor investor portion of the FPO.


About 21.1% of the total anchor book size was allocated to 24 mutual fund schemes including Kotak, SBI, UTI, Aditya Birla Sun Life, Quant among others.