Haldiram starts IPO process, targets 2027 public float
In short
Haldiram Snacks Food has started work on its IPO and is aiming for a late-2027 listing. The proposed issue is about ₹10,000 crore, and the company could be valued at more than ₹1 lakh crore.
The IPO could bring in new money and give existing investors a way to sell shares, which makes the company more important in the public markets.
What the reporting says
Haldiram Snacks Food has begun the process for its initial public offering, targeting a late-2027 listing. The proposed issue is estimated at ₹10,000 crore and would value the company at more than ₹1 lakh crore. The plan includes an offer for sale by existing shareholders and a fresh issue of shares, after years of investor backing that strengthened its growth prospects.
Why it matters
Haldiram Snacks Food has started the process for an initial public offering, with a target of late 2027. The proposed issue size is around ₹10,000 crore and the company is expected to be valued above ₹1 lakh crore. The plan includes both an offer for sale and a fresh issue, indicating a mix of shareholder exit and fundraising.