New Delhi: Yoga guru Baba Ramdev will announce major Initial Public Offering (IPO) schemes for 5 companies of the Patanjali Group. Ramdev wants 5 new IPO plans in the next 5 years.
Baba Ramdev will announce the IPO in a press conference to be held on 16 September (tomorrow).
In a press invitation, Patanjali said, ‘We are happy to inform you that Swami Ramdev Ji will be addressing an important press conference on 16 September 2022 in New Delhi.’
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Among the agendas for the press conference, the invitation states, is “To expose the conspiracies and efforts of rumour-mongers who spread false facts and figures to defame Patanjali and its Swadeshi movement towards a strong and healthy India.” .’
Also, Ramdev will outline the Vision and Mission 2027 of the Patanjali Group and outline 5 key priorities and goals for the next 5 years towards the group’s contribution in making India self-reliant.
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Further, Ramdev will brief about 5 new IPOs in the next 5 years of five of the Group companies on which special focus will be synchronized in a bid to scale new heights of corporate performance and excel lance on the principles of “Prosperity For Charity and Commit Less Deliver More.” The press conference will be held in New Delhi.
Patanjali’s revenue increased to Rs 10,664.46 crore in FY22 from Rs 9,810.74 crore in the previous fiscal. However, net profit was marginally lower at Rs 740.38 crore as against Rs 745.03 crore in FY22.
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