India: Biscuit maker Anmol Industries planning IPO in 2018

Soucre: pixabay

Kolkata-based cookies and biscuits maker Anmol Industries Ltd plans to list in 2018 and has started work on an initial public offering (IPO), three people aware of the development said.

“Anmol Industries is eyeing an IPO in the coming year. They have already appointed two domestic investment bankers for working on the IPO prospectus, which they are looking at filing with Securities and Exchange Board of India (Sebi) by March next year,” said one of the three people cited above, requesting anonymity as he is not authorized to speak with the media.

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