World · India Bureau
Haldiram Snacks launches IPO preparation for ₹10,000 crore public listing
The Delhi-based snacks manufacturer has initiated the process for a potential initial public offering, targeting a late 2027 debut on Indian stock exchanges. The planned listing would value the company at approximately ₹10,000 crore.
LSN India ·
Haldiram Snacks, one of India's largest packaged food companies, has formally commenced its IPO preparation process with plans to list on domestic stock exchanges by the final quarter of 2027. The snacks manufacturer is targeting a valuation of around ₹10,000 crore through the public offering, according to sources familiar with the matter.
The Delhi-headquartered firm, known for its range of namkeen, sweets, and ready-to-eat products, has engaged with investment banks and regulatory advisors to guide the listing process. The decision to pursue a public market debut comes as the company strengthens its financial infrastructure and corporate governance frameworks ahead of the offering.
Haldiram Snacks operates a significant presence across India with multiple manufacturing facilities and a wide distribution network spanning both modern retail and traditional channels. The company has maintained steady growth in India's growing packaged snacks sector, capitalizing on increasing consumer demand for convenient food products.
The planned IPO would provide the company with capital for expansion initiatives, including new production facilities and enhanced distribution capabilities. The listing would also enable early investors and stakeholders to achieve partial liquidity while allowing the company to access public market funding for its growth strategy.