Devi Seafoods Ltd, one of the largest seafood exporters from India, is in the process of hiring investment banks for a planned initial public offering (IPO), three people aware of the development said.
Founded in 1992 and based in Visakhapatnam, Andhra Pradesh, Devi Seafoods is a supplier of frozen shrimps with its own processing plant, aquaculture farms and shrimp hatchery.
