Archive · 11 Nov 2025
Anmol Industries seeks $150-200 million to sell minority stake
A cookie and biscuit company called Anmol Industries is trying to sell a small part of itself to raise money.
They want to get between $150 and $200 million.
This money will help them make more cookies and sell them in more places in India and even other countries.
The company is also thinking about becoming a public company, which means people could buy its stock, in about three to five years.
Anmol Industries is a family-owned business that started making snacks a long time ago.
They have many factories and sell their products all over.
They are hoping this new money will help them grow even bigger and compete with other big snack companies in India.
Anmol Industries has appointed PwC to help find investors for a minority stake sale.
The company aims to raise $150-200 million by selling 20-25% of its shares.
This fundraising is intended to support geographical expansion beyond northern and eastern India.
Anmol Industries reported an operating income of ₹1,524.9 crore and a profit of ₹122.1 crore in FY24.
The company plans to expand its presence in western India and currently sells products in West Asia and North America.
- Who
- Anmol Industries Ltd (AIL)
- What
- Restarted discussions to sell a minority stake and raise $150-200 million.
- When
- Currently, with plans for a public listing in 3-5 years.
- Where
- India (primarily eastern and northern states, with plans to expand to western India and overseas markets).
- Why
- To fund expansion into existing and new geographies and catalyze the next leg of growth.
- Company
- Anmol Industries Ltd (AIL)
- Business
- Biscuits, cakes, cookies, rusks
- Fundraising Goal
- $150-200 million
- Valuation
- $900 million - $1 billion
- Promoter Stake Dilution
- 20-25%
- Planned Listing
- 3-5 years
- FY24 Operating Income
- ₹1,524.9 crore
- FY24 Profit
- ₹122.1 crore