India’s iconic snack and sweets brand Haldiram’s is fast-tracking its plans for a stock market listing. The founding family is reportedly in advanced talks to sell a stake to investors, aiming for a valuation between $10 billion and $12 billion.
Haldiram’s, famous for its namkeens, sweets, and restaurant business, is preparing the ground for a blockbuster Initial Public Offering (IPO) that could become one of the biggest consumer brand listings from India.
Key Highlights
- IPO in Focus: Haldiram’s is accelerating steps towards a public listing.
- Family’s Move: Promoters are looking at partial stake sales before IPO.
- Valuation Target: The company seeks a valuation of $10–12 billion.
- Investor Interest: Several private equity firms and sovereign wealth funds are reportedly in discussions.
- Strong Legacy: Founded in 1937, Haldiram’s has grown into a household name with a strong domestic and international presence.
The listing is expected to unlock massive value for the company and provide a chance for investors to tap into India’s booming packaged food and FMCG market. With changing consumer demand and growing global recognition, Haldiram’s aims to use fresh capital for expansion, supply chain strengthening, and product innovation.
If successful, the IPO could place Haldiram’s among India’s most valuable consumer companies, alongside giants like Britannia and Nestlé India.
Summary Table
| Detail | Information |
|---|---|
| Company | Haldiram’s |
| Sector | Packaged Foods, Sweets & Snacks |
| IPO Status | In preparation |
| Family Action | Exploring stake sales before IPO |
| Expected Valuation | $10–12 Billion |
| Potential Investors | PE firms, sovereign wealth funds |
| Use of Funds | Expansion, supply chain, innovation |
| Founded | 1937 |
