Haldiram Snacks Food has initiated formal public listing preparations through its project management office, an effort expected to span six to twelve months or more. The proposed initial public offering may seek an issue size of around ₹10,000 crore following the consolidation of its Delhi and Nagpur business arms. Global institutional investor Temasek backed this unified fast-moving consumer goods operation by agreeing to acquire a stake of close to 10% in March 2025. Today, the business supplies over 500 export products across more than 80 countries worldwide.
Key points
Haldiram Snacks Food is standardizing its complex corporate structure over the next six t…: Haldiram Snacks Food is standardizing its complex corporate structure over the next six to twelve months in preparation for the market debut.
The company successfully transitioned from a 1937 Bikaner sweet shop into an internationa…: The company successfully transitioned from a 1937 Bikaner sweet shop into an international brand spanning more than 80 global markets.
Corporate consolidation of separate family factions established a single fast-moving cons…: Corporate consolidation of separate family factions established a single fast-moving consumer goods powerhouse operating as Haldiram Snacks Food in FY25.
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Haldiram Snacks Food has formally begun preparations for an initial public offering that could take place in late 2027, as reported by The Economic Times. The proposed issue could be worth around ₹10,000 crore and could value the company at more than ₹1 lakh crore, according to people cited in the report.
Also Read: Haldiram kicks off IPO process, eyes $1 billion public float in 2027
“The process for the public listing has begun formally with the PMO (project management office) process team. Given the diversified and complex structure of the business, the process is likely to take anywhere from six to 12 months, or more,” an executive told ET.
The proposed listing marks another milestone for a business that began with one of India’s most recognisable traditional snacks and has grown into one of the country’s largest organised packaged-food companies.
A Bikaner shop to a national brand
Haldiram traces its origins to 1937, when Ganga Bhishen Agarwal, popularly known as Haldiram Ji, established a small namkeen shop in Bikaner, Rajasthan, according to the company’s website.The shop’s early popularity was…
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