Patanjali’s IPO to come soon, now Ruchi Soya’s FPO will come | Patanjali’s IPO will come soon, now Ruchi Soya’s FPO will come
Regarding Patanjali’s growing business, Baba Ramdev said that we are working on a plan to leave HUL behind by 2025.
New Delhi: Baba Ramdev’s company Patanjali Ayurved Limited has announced its subsidiary Ruchi Soya FPO. Not only that, Patanjali is also preparing to lose companies like Hindustan Unilever Limited (HUL) in the FMCG sector. On the company’s plans, Baba Ramdev said, “We have surpassed all the companies except HUL.” Currently HUL is a bigger company than us. Regarding Patanjali’s growing business, Baba Ramdev said that we are working on a plan to leave HUL behind by 2025. (Patanjali’s IPO will come soon, now Ruchi Soya FPO will come)
Patanjali will provide employment to 5 lakh people in 5 years
Baba Ramdev said that Patanjali has provided employment to more than 5 lakh people in 5 years. It will create 5 lakh new jobs in the next 5 years. “After starting with the help of 2 people, we have succeeded in spreading yoga to 200 countries,” he said. We developed more than 100 research-based drugs. Not only that, we have increased the soybean business to Rs 16,318 crore. We have increased interest rates on soybeans by 24.4 per cent. The company’s next focus will be on research, health, education and agriculture. In the financial year 2020-21, Patanjali’s turnover was around Rs 30,000 crore.
Ruchi Soya will bring in Rs 4,300 crore FPO
Baba Ramdev further said that Patanjali’s potential is constantly expanding. We are now focusing on nutritional products. Emphasis is also being placed on women’s health services. He further said that we will make Ruchi Soya an FMCG company. We have turned to a company like Ruchi Soya. We are bringing in FPOs worth Rs 4,300 crore. In the meantime, we will tell you about Patanjali’s IPO soon. Baba Ramdev said the Patanjali Group aims to free companies from debt in the next three to four years.
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Patanjali’s IPO will come soon, now Ruchi Soya’s FPO will come
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