Biscuit maker Anmol Industries files draft papers for ₹1,800 crore IPO, makes second attempt to tap public markets

Anmol Industries, a Kolkata-based biscuit maker and one of the largest biscuit brands in India, has filed draft papers for a ₹1,800 crore IPO, marking its second attempt to go public. The company, owned by Baijnath Choudhary & Family Trust, is seeking to raise funds through an offer for sale (OFS) and has chosen to sell its shares exclusively to existing shareholders, without any new issue component.

This IPO will be book-built, with 50% of the net offer allocated to qualified institutional buyers, 15% to non-institutional bidders, and 35% to retail individual bidders. Anmol Industries operates in the Indian packaged biscuits, cakes, and bakery products market, competing with major players such as Britannia Industries, Parle Products, ITC, and Mondelez India Foods.

The company has a strong presence across India, with products available in 4,266 pin codes and exports to 31 countries. Anmol Industries has seven manufacturing facilities with an aggregate capacity of 3.61 lakh tonnes per annum for biscuits and cookies, and 16,372 mtpa for cakes.

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