PATANJALI ACQUIRED RUCHI SOYA

PATANJALI ACQUIRED RUCHI SOYA

Baba Ramdev has seen a dream of becoming major player of FMCG sector in India

Baba ramdev has founded patanjali FMCG company from that onwards patanjali has growing studying patanjali has achieved one more milestone

Patanjali wanted to acquire Ruchi Soya and his bid accepted

Patanjali has acquired Ruchi Soya at the price of 4300 crore

Lenders wanted to acquire 9345 crore rupees from Ruchi Soya they wanted to auction it

Adani wilmar was also in the race to acquire Ruchi Soya

But adani wilmar step back so that patanjali became the only e Company to bid for the Ruchi Soya

Because of this brand acquisition patanjali became top brand in so many segments including Ruchi Soya

Ruchi Soya has brands like nutrela, mahakosh, sunrich-, Ruchi star, Ruchi gold

Ruchi Soya Bank has outstanding of so many banks like SBI Central Bank PNB bank standard chartered Bank

SBI bank has 1800 crore loan rupees

Central Bank has 816 crore

PNB has 743 crores loan

Standard chartered has 608 crores loan in rupees

ramdev baba wanted to become number one company in FMCG in India 

right now revenue is 10,000 crore and the baba wanted to take it to 20000 crore but 

somehow it was not growing so Ruchi Soya will help ramdev baba to grow patanjali company to 20000 crore rupees

Ruchi Soya has huge capacity of oil extracted from seeds

Ruchi Soya has India's one of the biggest oil extractor

Ruchi Soya has 5 crushing mealing refining packaging plants and they have 24 plans

Edible oil 19% market share by Ruchi Soya has 40% market share

vegetable oil business is growing tremendously due to the increasing disposable income of middle class

But by 2030 edible oil capacity  requirement will be three crrore 4 lakh tonn

Acquiring Ruchi Soya will be the milestone in the history of patanjali