India: Blackstone-backed fragrance and flavour company SH Kelkar raises $23m ahead of IPO

India: Blackstone-backed fragrance and flavour company SH Kelkar raises $23m ahead of IPO

Visual from the company website

Fragrance and flavour company SH Kelkar and Co Ltd has raised Rs 152.45 crore ($23.4 million) from anchor investors before opening its public issue. It issued shares to various domestic mutual funds and foreign institutional investors.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter