
Haldiram Kicks Off IPO Process for $1 Billion Public Float
Haldiram Snacks Food has officially started preparations for its much-awaited Initial Public Offering (IPO), with an estimated issue size of ₹10,000 crore (approximately $1 billion). The company has appointed EY to manage the IPO process, which is expected to take 6–12 months or more.
IPO Expected by Late 2027
The popular Indian snacks and namkeen manufacturer is targeting a stock market listing by late 2027, with an estimated company valuation of over ₹1 lakh crore. The proposed IPO may include shares offered by existing shareholders as well as a fresh issue of shares.
Strong Business Performance
According to Crisil Ratings, Haldiram Snacks Food reported revenue of ₹7,762 crore in the first half of FY26, with an operating margin of around 19%. Revenue is expected to grow by 9–10% in FY26.
With investments from global players such as Temasek, Alpha Wave Global and L Catterton, Haldiram's IPO could become one of India's major upcoming market listings.