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Patanjali Foods GQG: Adani investor GQG bets over Rs 2,400 crore on Baba Ramdev s Patanjali Foods

In the offer of sale (OFS), NRI Rajiv Jain-led GQG picked a 5.96% stake or about 2.15 crore shares of Patanjali. The floor price was kept at Rs 1,000 per share but allotment to non-retail investors was done at a share price of Rs 1,103.80. GQG s investment would, therefore, be worth around Rs 2,400 crore.

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