Yoga guru Baba Ramdev’s Patanjali Group is preparing for an initial public offering (IPO) of five more of its companies. Baba Ramdev is going to hold a press conference on Friday, in which he will give complete information about the plan related to the IPO. At present, Patanjali Foods is the only company of Patanjali Group listed on the stock exchange.
Earlier in an interview, Ramdev Baba had told that he plans to launch IPOs of Patanjali Ayurved, Patanjali Lifestyle, Patanjali Wellness and Patanjali Medicine. According to the information, Baba Ramdev will also give information about the target of 2027 of his company in this press conference.
Yoga guru Baba Ramdev had announced on September 14 that Patanjali Yogpeeth would invest over Rs 1,000 crore in Uttarakhand. The investments will be aimed at improving public health and promoting the cultural heritage of Uttarakhand.