If you also want to buy shares of Baba Ramdev’s company Patanjali Foods, then there is a golden opportunity for you. Shares of this company of Baba Ramdev are available at a huge discount. The company has offered this offer for just two days.
Actually Patanjali Foods has brought a new offer for sale ie OFS. In this offer, the promoter company Patanjali Ayurveda Limited is selling about 7 percent of its stake, which is equal to 2.53 crore shares of Patanjali Foods Limited. Patanjali Foods has needed to reduce the promoters’ stake to comply with the rules after being listed on the stock market.
Shares are available at such a discount
Patanjali Foods manufactures edible oil and other food products. It is currently counted among the leading FMCG companies of India. The company has fixed the minimum price for this OFS at Rs 1,000 per share. While Patanjali Foods shares closed at Rs 1,228.05 on BSE on Wednesday with a slight gain. In this way, the shares of Baba Ramdev’s company are available at a discount of 18.36 per cent.
