Patanjali IPO: The business of Patanjali Group is estimated to grow two and a half times to reach one lakh crore rupees in the next five to seven years. Patanjali group founder Baba Ramdev expressed this hope on Friday. He said that initial public offerings (IPOs) of four group companies will be brought. Ramdev announced at a press conference here that his group would provide employment to five lakh people in the coming years. "The current business of the Patanjali group is around Rs 40,000 crore," he told reporters. The group's business is expected to reach Rs 1 lakh crore in the next five to seven years.

Ramdev said that the group company Patanjali Foods (earlier Ruchi Soya) has been listed on the stock exchange and four other companies will be IPOs in the next five years. These four companies are Patanjali Ayurved, Patanjali Medicine, Patanjali Lifestyle and Patanjali Wellness. He claimed that all the products of the group are of high quality and religious, political, pharmaceutical and mafia of multinational companies are trying to malign the image of his brand. Ramdev said that the group has sent legal notices to more than 100 people and has also lodged an FIR. However, he did not reveal the names of those people and organisations.