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InvestmentsIPOHaldiram's IPO

Haldiram's IPO

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Upcoming IPO.

About the Company
Haldiram’s is one of India’s most iconic snacks and sweets brands, with a rich legacy dating back to 1937 when it was founded in Bikaner, Rajasthan. Now headquartered in Noida, the company has evolved into a global FMCG giant, offering a wide range of over 410 products across categories like namkeens, traditional Indian sweets, frozen foods, and ready-to-eat meals. Haldiram’s holds more than 40% share in India’s savory snacks market, making it a dominant player in the segment. Beyond packaged foods, it operates its own chain of restaurants and retail outlets, providing a holistic brand experience. With exports to more than 100 countries, Haldiram’s has successfully taken Indian flavors to international markets, strengthening its position as a trusted global brand.
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Founded In

1937

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CEO

Krishan Kumar Chutani

Utilisation of Proceeds

PurposeAmount
Funds from Temasek’s ₹8,500 cr investment will fuel Haldiram’s plans to expand manufacturing, retail outlets, and quick-service restaurants both in India and abroad, especially in the US, Middle East, and UK.-
Haldiram’s plans to use the funds to upgrade its factories, expand production across India, and modernize its supply chain to boost efficiency and ensure better product quality.-
A portion of the proceeds will be allocated to strengthen working capital and reduce debt, enhancing financial flexibility and efficiency in preparation for its public listing.-
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  • Market Leadership in Ethnic Snacks: Haldiram’s holds more than 40% share in India’s organized snacks and savoury market. With ₹14,000 crore revenue in FY24, it has firmly established itself as the category leader, driving growth and setting benchmarks in the segment.
  • Strong Brand Equity: With a rich legacy of almost nine decades, Haldiram’s has become one of India’s most recognized and trusted food brands. Its strong brand recall and deep customer loyalty span generations, making it a household name across the country.
  • Diverse Product Portfolio: Haldiram’s offers a diverse range of over 400 SKUs, including namkeens, traditional sweets, frozen foods, and ready-to-eat meals. This wide portfolio caters to different consumer preferences, festive occasions, and everyday needs, strengthening its position in the packaged foods market.
  • Recent Strategic Investments: Haldiram’s secured fresh capital and strategic backing from Temasek, IHC, and Alpha Wave Global at a $10 billion valuation. This infusion brings not only financial strength but also global expertise to drive its next phase of growth.
  • Restaurant and Retail Channel: Haldiram’s operates 43 restaurants and branded retail stores across India. These outlets help the brand connect directly with customers, offer a complete food experience, and support its packaged foods business with stronger visibility and consumer engagement.
  • Robust International Presence: Haldiram’s exports to more than 100 countries and is focusing on growing further in the US and West Asia. New investor partnerships are helping the brand strengthen its global reach and drive future international growth.
  • Consistent Financial Performance: The company has shown steady revenue growth of 16–17% CAGR and healthy EBITDA margins of 20–21%, proving its strong and efficient business model. This consistent performance highlights its ability to sustain profitability even in a competitive market.

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