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Kolkata-based Anmol Industries files draft papers with SEBI for ₹1,800-crore IPO

The IPO is entirely an offer-for-sale of equity shares by the promoter entity Baijnath Choudhary & Family Trust

Kolkata-based Anmol Industries files draft papers with SEBI for ₹1,800-crore IPO

Kolkata-based Anmol Industries Ltd has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise up to ₹1,800 crore. The company, which manufactures biscuits, cookies, and cakes, will offer equity shares aggregating up to ₹1,800 crore by the promoter entity Baijnath Choudhary & Family Trust. The IPO will be an offer for sale (OFS) of equity shares, and the company will not issue any fresh shares or receive any proceeds from the offering.

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