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Anmol Industries Files for Rs 1,800-Crore IPO After Five-Fold Profit Jump
M
Moneycontrol•26-09-2026, 10:11
Anmol Industries Files for Rs 1,800-Crore IPO After Five-Fold Profit Jump
- •Anmol Industries has filed for an initial public offering worth up to 18 billion rupees ($187.87 million), with its top investor, The Baijnath Choudhary & Family Trust, being the sole selling shareholder.
- •The Kolkata-based company, founded in 1994, offers biscuits, cookies, and cakes through 70 brands and exports to 31 countries.
- •Anmol's net profit surged five-fold to 1.91 billion rupees in the year ended March 31, while revenue increased by 28% to approximately 21 billion rupees.
- •The company competes with major listed rivals such as Britannia, ITC, and Mrs. Bectors Food Specialities in India.
- •This IPO attempt follows a previous plan in 2018 for a 7.5 billion rupee offering that received market regulator approval but was not executed.
Key Questions Answered
Anmol Industries has filed for an initial public offering worth up to 18 billion rupees, or approximately $187.87 million.
The Baijnath Choudhary & Family Trust, which is Anmol's top investor holding roughly an 84% stake, is the sole selling shareholder in the offering.
Anmol's net profit jumped five-fold to 1.91 billion rupees, while its revenue increased by 28% to reach about 21 billion rupees.
