Chennai: The Rs 58.50-crore initial public offering of Zota Health Care at the NSE-Emerge (the SME platform of the NSE) has received overwhelming response from retail investors and high net worth individuals. The issue was subscribed 15.9 times, with the company receiving bids worth Rs 902 crore.…
Tag: Ayurvedic
Patanjali to expand into textiles next year
Indore: Renowned yoga guru Baba Ramdev’s Patanjali Group, after a successful stint in ayurvedic medicines and food processing, is eyeing to debut into textiles from Madhya Pradesh. The yoga guru announced on October 22 that Patanjali brand will enter into textiles and dairy sectors in a big…
Quality, organic and indigenous products sales driving the business growth for Patanjali Ayurved Ltd: Ken Research
In the FMCG market, the Q4 results for FY’2015-2016 indicate that sales volume is not growing as rapidly as expected. The growth margins have diminished and have taken a toll on all major companies. HUL’s revenue growth has been consistently falling in the past seven quarters from 13.2% in quarte…
Patanjali to take on online healthcare startups
Ramdev Baba’s Patanjali is reportedly planning up an online platform Chikitsalaya for Ayurvedic consultation and treatment. After taking on FMCG in the country, Baba Ramdev is looking for digital health startup. According to the industry experts this move will help Patanjali ramp up its outreach …