02-Jul-2026 19:45:59
Parle Products Eyes $1 Billion IPO at Over $10.5 Billion Valuation
Parle Products, maker of the iconic Parle-G biscuits, is preparing for a $1 billion-plus (over ₹9,500 crore) IPO that could value the company at more than $10.5 billion (around ₹1 lakh crore). The Chauhan family-owned company has appointed Kotak Mahindra Capital, Axis Capital and HSBC as advisors for the proposed listing, expected next year. The IPO is likely to be entirely an offer-for-sale (OFS), allowing existing shareholders to partially monetize their holdings.