Sector: FMCG and Packaged Foods | Proposed Mainboard IPO
Haldiram Snacks Food Ltd. has formally initiated preparations for its proposed initial public offering, with the company reportedly targeting a stock market listing in late 2027. The proposed IPO could be worth approximately Rs. 10,000 crore, with a potential valuation exceeding Rs. 1 lakh crore. The company has appointed EY to manage the preparatory process, including compliance requirements and coordination across its business operations.
Haldiram Snacks Food was formed following the merger of Delhi-based Haldiram Snacks and Nagpur-based Haldiram Foods International. The proposed offering is expected to include both a fresh issue of shares and an Offer for Sale by existing shareholders. The company is currently working on the preparatory process, which could take six to twelve months or longer. The issue structure, price band and final subscription dates are yet to be announced.
Source: The Economic Times / Business Standard | 12 November 2026
