Mumbai, April 8 : Ruchi Soya Industries Limited’s FPO shares hit the market on Friday. With this trading of the equity shares of the Patanjali-owned company commenced on the stock exchanges. Yog Guru Ramdev, Acharya Balkrishna and others were present at the FPO listing ceremony held at Bombay Stock Exchange. The shares were trading at 839.00, up 21.40 points or 2.61 percent at 1030 hrs against the previous close of Rs 818.25 at BSE. The company’s shares had surged nearly 4 per cent to Rs 782 apiece on the BSE in early deals on Thursday ahead of its FPO listing. The company had hit the capital market with its follow on public offer on March 24, 2022, to raise Rs 4300 crore with an aim to become debt-free. Earlier, the company had raised Rs 1,290 crore from anchor investors by issuing around 1.98 crore shares. SBI Capital Markets Limited, Axis Capital Limited and ICICI Securities Limited were the book running lead managers to the issue. AKM ACL1130
