Four Patanjali companies will go public in the next five years: Baba Ramdev

Information about Patanjali’s first public offering: According to Baba Ramdev, the Patanjali company has a current revenue of 40,000 crore and is considering increasing that figure to 1 lakh crore over the next five years.

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Yog Guru Baba Ramdev announced the listing of four new Patanjali companies on Indian bourses on Friday in New Delhi. The Patanjali patron announced four new Patanjali IPOs (initial public offerings) while addressing the media in the Indian capital: Patanjali Ayurved, Patanjali Medicine, Patanjali Wellness, and Patanjali Lifestyle. The Yog Guru stated that the Patanjali group’s current turnover is 40,000 crore, with plans to increase it to 1 lakh crore within the next five years.

While addressing a media gather in New Delhi on Friday Baba Ramdev said, “We are preparing to get five listed Patanjali group companies by floating four new IPOs in next five years. After Patanjali Foods Limited, we are aiming to bring IPOs of our four other companies — Patanjali Ayurved, Patanjali Medicine, Patanjali Wellness and Patanjali Lifestyle.”

Baba Ramdev continued by saying that the Patanjali group has already begun working on the four Patanjali companies that would be listed, and he promised to soon reveal Patanjali’s action plan to increase the market value of these five Patanjali group companies to 5 lakh crore.