Ruchi Soya Industries Ltd FPO Message Board (Page 26)

MARKET RATE INCREASE BEFORE IPO UP TO 1100/- BUT AGAIN RATE DOWN UP TO 870/-. I HOPE NO BENIFIT.IT IS RISKI .
AVOID

may be avoid, full rate profile

बहुत लोग बोल रहे हैं की अप्लाई न करें। उनकी जरूर सूने ताकि ज्यादा से ज्यादा लोग अप्लाई न करें और मेरे एलॉटमेंट का चांस बड़ जाय

Apply in HNI category. You will most likely get half of the applied amount as allotment. Certain allotment

Is any discount for employee qota .if known please what discount.because employee intrested in to fill first

Ruchi Soya has raised Rs. 1,290 crore from anchor investors, who were allotted 18,843,153 equity shares at the upper price band of Rs. 650 par share.
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.

Although wouldnt like to comment on the political part, but otherwise it is Perfectly Summed up.
This is how public is being made to suffer losses and made to pay for corporate debts.
Corporates are taking big ticket loans, not repaying, PSU banks are writing off these loans, Govt is funding PSU banks with Tax payers money. The cycle continues. Moreover the common shareholders of such companies are seeing their entire investment being wiped off due to company going into solvency or being closed down. The promoters are just laughing their way to the banks with public money.
See what happended with Sintex ind .... Promoter held only 4% shares while public held more than 82% when the entire capital has been wiped out... No prizes for guessing on who lost the major chunk of the money. Ever wondered why class action suit has never been allowed to take off in our country? Well this is an example why?
While the common public shareholder lost his entire shareholding in Ruchi Soya, Lala Ramdev got the company for literally free...and the PSU banks acted like Lalaji's personal Debit card to enable him get the riches.
The FPO issue will still attact massive applicatants n share will still give decent returns but the foundation of the company is based on hard earned public taxpayers money that has been looted from their pocket.

Blindbhaktas eager to blame anything against their god T no matter they becoming poorer in btw...abg shipyard similar angle banks asked to remain silent

Employee category almost fully subscribed on first day. I think employees are over confident on 🧘‍♂️🧙‍♂️.

may be they are pressurized, last day they may withdraw applications

i was also surprised by seeing it, then checked in details about employee quota of shares, it is only 10000 shares, and for about 65 lakh, so this can also be easily manipulated from 4300 crores of IPO. nice trick BABA...

Employee ko bola hai baba ne apply karna nai to sabko shirshashan karvauga roz...

abse tum bolo khatam...... tata....... bye bye.....
baba buoght ruchisoya by giving patanjali assets as guarantee. agar ruchi soya loss me hi rehta to patanjali ke assets bechake bank ka loan recover kar sakte the.

ISSUE will easily sail through. do not miss oppertunity reading negative postings.
long term good returns will be there. short term Rs 30 is the going rate

@VentureStack Partners Should apply in Ruchi Soya FPO or not. Kindly share your views.

Can anyone remember any fpo coming with 40% discount ?
Don't forget whatever price we have seen is bestowed on 1% free holder's trading and consequently hugely manipulated.

Don't worry. Baba ramdev will not disappoint u.

Apply. Better company then adani wimlar.

@ Amit chheda
I have more confidence in your sense than Baba Ramdev's ability to manipulate (or Ram varosa)
Whatever little sense I have, I see it as a completely new chapter without any precedence. Here sense will help you to earn or loose .
Though it is a rotten one , I have fancy for speculation. I keep an eye over the proceedings to find an opportunity if any.
Thank you

@RKDEV . SHOCKING STORY OF CRONY CAPATALIST

Is there shareholder quota in Ruchi Soya

Why

That's entirely a call of BRLMs and issuing company.
Can't do much about it.

GMP 30. Listing gain expected about 5% as of now. May prove good in long term 6-12 months.

GMP 30. Listing gain expected about 5% as of now. May prove good in long term 6-12 months.

Lets stick with the fundamentals. At current price, RSIL is trading at 30.5 PE ratio but has 3600 cr debt. From this FPO, the company will be net debt free and get additional 700 cr for operation (as per RHP, only around 2600 will be used for debt repayment. So I mean NET). At the upper band of FPO price, the PE will be 21.7. Considering the dilution from 30 cr to 37 cr shares, the new PE will be around 26.7. Overall, after the FPO the company will be debt free and get 700 cr additional capital for expansion while the PE is reduced to 26.7. Comparing to its main peer, Adani Wilmar trading at more than 80 PE, RSIL FPO is a good opportunity. Right after FPO, current price may come down to sub 800 range. Moreover the tradable percentage will increase from 1% to 19% which will make it less volatile. I will apply and add on dips less than 25 PE, based on the results of course.

@arasan
You need to do similar calculation with 3600 crore of Adani issue. Even that amount was supposed to reduce debt

@Arun,
Yes, I agree. I have no issues with the brand value as well. But, 80+ PE is what bothering me. I got AW in IPO and added little bit on listing at < 40 PE. So i have no problem in holding them but hesitate to add now. Thats why i see RSIL FPO as a good opportunity.

haven't heard about FPO, can some one clarify my doubt, Ruchi Soya present share price is around 900 if it stays at same postion till listing day of this FPO then we get 250 premium (650+250)????

No.
At present abt 28 lakhs are in public. After FPO abt 7 crores shares in public. After FPO listing of shares due high liquidity of trading shares price may come down to 700-750.

Shaolin monk good point... I will stay out of this crap

Veranda Learning Solutions IPO Price Band: 130-137rs

Will try applying here for 35 retail individual lots
Downside risk of 50 rupess taking into consideration is 21*50 =1050
Upside is around 15-20 percent on the lower side
Risk to reward ratio 1:2
Dilip sir apply rating
Also comfortable price band of 650
Also market makers will not let it fall much because they also have other ipo plans in future
Baba ramdev and some hype
Looks like it’s okay to apply
If the funds from tcs buyback are credited early
Will apply in uma exports
Seeing new messages
Veranda learning solutions also on its way
After a long time of draught
It’s raining ipos again ✌️