Hotline: 1800 102 2007
X
Search Business Opportunities
Sep, 25 2018

Biscuit maker Anmol Industries receives approval for IPO

The Kolkata-based company filed the DRHP (draft red herring prospectus) for the IPO in June.

Anmol Industries, a branded packaged food company focused on biscuits and cakes, has received approval from markets regulator SEBI for its initial public offering (IPO). The Kolkata-based company filed the DRHP (draft red herring prospectus) for the IPO in June.
Since 1994, Anmol Industries Limited has come a long way to become one of the fastest growing FMCG brands of India.

The IPO would aggregate up to Rs 750 crore through an offer for sale. 

The offer for sale would be by Baijnath Choudhary & Family Trust, represented through its trustees aggregating up to Rs 720.4 crore, by SKG Land Developers LLP aggregating up to Rs 22.5 crore, by Delta Nirman LLP aggregating up to Rs 4 crore, by Anmol Hi-Cool LLP aggregating up to Rs 2.5 crore and by Puneet Mercantiles LLP aggregating up to Rs 60 lakh.

Edelweiss Financial Services Limited, ICICI Securities Limited and Motilal Oswal Investment Advisors Limited are the BRLMs (Book Running Lead Managers) to the issue.

Comment
image
Related opportunities
  • Fine Dine Restaurants
    About Us:  Meal O Drama is an award-winning modern bistro in..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Sweetshop
    About Us: KB Foods Mumbai’s Leading Brand Of Traditional Indian Sweets & Savouries 2..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Competitive Exam Coaching Institute
    Want to be an entrepreneur in the education sector? IBT..
    Locations looking for expansion New Delhi
    Establishment year 2008
    Franchising Launch Date 2009
    Investment size Rs. 2lac - 5lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Central Delhi New Delhi
  • Courier & Delivery
    About Us: Arogya Herbs was established in 2013 with a thought..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2013
    Franchising Launch Date 2013
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya Pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities