Anmol Industries Sets Its Sights On A ₹1,800-Crore IPO, Biscuit Maker Files Draft Papers

Mumbai - Anmol Industries Ltd has officially submitted draft prospectus to SEBI, signaling its intention to raise ₹1,800 crores through an initial public offering (IPO). This move brings the Kolkata-based packaged foods firm one step closer to its debut on the stock market. The IPO will be entirely comprised of shares sold by the Baijnath Choudhary & Family Trust, the company's promoter, as per the draft red herring prospectus released on Friday.

Since it's an offer for sale, Anmol Industries will not receive any revenue from the IPO. Established in 2009, the company primarily produces biscuits, cookies, cakes, snack foods and Indian sweets under various brand names such as Dream Lite, Butter Bake, Marie Plus, 2 in 1, Yummy and Mazza. Anmol Industries has a strong foothold in eastern India with its products available in 4,266 postal codes across 24 states and two Union Territories.

The company distributes its products through more than 2.1 million retail outlets as of March 31, 2026. Anmol Industries operates seven manufacturing units in Uttar Pradesh, Bihar, West Bengal and Odisha, with a combined annual installed capacity of 3,60,965 tonnes for biscuits and cookies and 16,372 tonnes for cakes as of March 31, 2026.

The company's revenue from operations reached ₹2,101.8 crore in FY26, up from ₹1,422.8 crore in FY24, while net profit increased to ₹190.9 crore from ₹126.2 crore over the same timeframe. Book-running lead managers for the IPO include Intensive Fiscal Services, ICICI Securities and IIFL Capital Services, with MUFG Intime India serving as the registrar to the offer.