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Parle Products Explores IPO as It Engages Top Investment Banks

Parle Products is reportedly considering a potential initial public offering, marking a significant shift for the long-standing family-owned business. The Mumbai-based biscuit maker has begun preliminary discussions with leading financial institutions, including Kotak Mahindra Bank, JM Financial, and Axis Bank, to assess the feasibility of a listing.

Sources suggest the offering may take the form of an Offer for Sale, allowing the promoter family to monetise part of their holdings without raising fresh capital. The move would place Parle alongside listed competitors such as Britannia Industries.

While discussions are expected to progress in the coming months, the company has clarified that no final decision has been made and it continues to evaluate strategic options.


29-04-2026

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