Finally, Biscuit maker Anmol Industries has filed DRHP (Draft Red Herring Prospectus) with the capital market regulator SEBI for its initial IPO to raise fund around INR 750 crore.

The issue consists of the offer for sale of INR 750 crore by the Bainjath Choudhary and Family Trust (INR 720.4 Cr), Delta Nirmal LLP (INR 4 Cr), SKG Land Developers LLP (INR 22.5 Cr) and Anmol Hi-Cool LLP (INR 2.5 Crore).

The lead managers to the public issue are Edelweiss Financial Services, Motilal Oswal Investment Advisors and ICICI Securities.

About Anmol Industries:

Anmol Industries is a Kolkata based packaged food company focused on cakes and biscuits manufacturing and has a strong reputation in northern and eastern India. Having six production facilities located and Panchghara and Dankuni in West Bengal, Hajipur in Bihar, Bhubaneswar in Odisha and Greater Noida & Ghaziabad in Uttar Pradesh, company has installed capacity of 2,94,544 MTPA for biscuits & also 8,148 MTPA for cakes.