Haldiram Snacks Food to launch $1-B IPO

Noida-based Indian sweets and savouries brand Haldiram Snacks Food has formally commenced the process for an initial public offering (IPO). The company is considering a public listing by late 2027, targeting an issue size of about USD 1-B at a valuation exceeding INR 1 lakh crore. The firm has appointed EY to manage the project management office for compliance and cross-functional coordination. The proposed IPO is expected to include both a fresh issue of shares and an offer for sale by existing shareholders.Haldiram Snacks Food was formed through the merger of Delhi-based Haldiram Snacks and Nagpur-based Haldiram Foods International.