Patanjali IPO launch date: Swami Ramdev tells when the company will go public

Patanjali IPO: These days, several major companies are coming up their IPO or Initial Public Offering. People were waiting for Zomato IPO for a long time, which is being said to be the biggest IPO of the country. Now in this sequence, Swami Ramdev's Ayurveda company Patanjali is also going to launch its IPO. During an interview, the Yoga guru said that a decision regarding Patanjali IPO can be taken by the end of this year.

Speaking to ET, Ramdev said that there is no plan to launch Patanjali IPO this year, but a decision can be taken by the end of the current financial year. Ramdev said that soon a decision will be taken on Patanjali's IPO. He also said that these days, he is busy meeting various institutional investors ahead of the Rs 4,300 crore follow-on public offer (FPO) of Ruchi Soya. That is, Ramdev is paying attention to the expansion of Patanjali.

Ramdev especially wants to increase the edible oil business. He said that investors are showing their interest for the Ruchi Soya issue and they will fix its price in the interest of all the shareholders. Ramdev said that potential investors in Ruchi Soya can rejoice that the company is aiming to transform itself into a premier FMCG company. At the same time, he said that we will ensure that the size of the commodity business also increases.

It may be noted that Patanjali did a business of more than Rs 30,000 crore in the financial year 2021. Out of this, Ruchi Soya contributed Rs 16,318 crore to the sales. Sales in FY20 stood at Rs 25,000 crore, of which Rs 13,117 crore was contributed by Ruchi Soya.