Kolkata-based Anmol Industries has filed its DRHP with SEBI for an IPO of up to ₹1,800 crore through an offer for sale by Baijnath Choudhary & Family Trust.
Kolkata: Kolkata-based branded packaged foods company Anmol Industries Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) of up to ₹1,800 crore. The proposed issue, with a face value of ₹5 per equity share, will comprise an offer for sale (OFS) of equity shares by promoter Baijnath Choudhary & Family Trust. The IPO will be conducted through the book-building process, with not more than 50% of the net offer proposed to be allocated to qualified institutional buyers, not less than 15% to non-institutional bidders and 35% to retail individual bidders.
Incorporated in 2009, Anmol Industries has a legacy dating back to 1994 through a manufacturing facility established at Dankuni under its erstwhile holding company, ABL. The company has built a strong presence in the branded packaged foods segment, particularly in biscuits and cookies, while expanding its portfolio across cakes, bakery products, chocolate-coated wafers and Indian sweets. According to the F&S Report cited in the DRHP, Anmol Industries was the fourth-largest biscuits brand in India by sales value in Fiscal 2026 and the sixth-largest cake brand by sales value during the same period. The company recorded a revenue compound annual growth rate (CAGR) of 21.54% between Fiscal 2024 and Fiscal 2026, according to the report.
Anmol has a strong presence in eastern India, where it was the third-largest player in the biscuits and cookies market in Fiscal 2026, with an 11% to 14% share by sales value. It was also the second-largest organised biscuits and cookies player in Bihar, with an 18% to 20% market share, and the second-largest player in Odisha, with a 13% to 15% share, based on sales value in Fiscal 2026. The company is also described as the largest regional biscuits brand, excluding national brands, in terms of sales value in Fiscal 2026.
The company's product portfolio is marketed under the Anmol umbrella brand and includes 70 brands such as Dream Lite, Butter Bake, Marie Plus, 2 in 1, Yummy and Mazza as of March 31, 2026. Its portfolio comprised 188 SKUs, including 159 in biscuits and cookies, 21 in cakes and eight across other categories. Dream Lite, one of its biscuit brands, generated revenue of more than ₹600 crore in Fiscal 2026. The company said its in-house research and development team continues to work on new products, variants and categories in line with changing consumer preferences.
During the last three fiscals, Anmol introduced 18 new products across its categories. In Fiscal 2026, its Multi Grain and Top Royale products generated revenue of ₹29.6 crore and ₹25.5 crore, respectively, according to the company. Its product portfolio includes both value packs priced at a maximum retail price of up to ₹10 and family packs priced above ₹10. Family packs contributed 23.85% of revenue from the sale of products in Fiscal 2026, generating ₹485.5 crore in revenue.
Anmol Industries has a broad distribution footprint, with its products available across 4,266 pin codes in 24 states and two Union Territories. As of March 31, 2026, its distribution network reached more than 2.10 million retail touch points across India, while its products were exported to 31 countries during the last three fiscals. The company operated seven manufacturing facilities as of the DRHP date, located across Uttar Pradesh, Bihar, West Bengal and Odisha. These facilities had an aggregate installed capacity of 360,965 tonnes per annum for biscuits and cookies and 16,372 tonnes per annum for cakes as of March 31, 2026.
The company's manufacturing network was supported by nine depots as of March 31, 2026, with an additional depot subsequently added at Sambalpur in Odisha. Its distribution network comprised 1,005 directly served distributors and 3,533 sub-distributors served through 444 super stockists as of March 31, 2026.
Financially, Anmol Industries reported revenue from operations of ₹2,101.8 crore in FY26, compared with ₹1,422.8 crore in FY24. Its net profit increased to ₹190.9 crore in FY26 from ₹126.2 crore in FY24. Intensive Fiscal Services Private Limited, ICICI Securities Limited and IIFL Capital Services Limited are the book-running lead managers for the proposed issue, while MUFG Intime India Private Limited is the registrar. The equity shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.
Kolkata: Kolkata-based branded packaged foods company Anmol Industries Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) of up to ₹1,800 crore. The proposed issue, with a face value of ₹5 per equity share, will comprise an offer for sale (OFS) of equity shares by promoter Baijnath Choudhary & Family Trust. The IPO will be conducted through the book-building process, with not more than 50% of the net offer proposed to be allocated to qualified institutional buyers, not less than 15% to non-institutional bidders and 35% to retail individual bidders.
Incorporated in 2009, Anmol Industries has a legacy dating back to 1994 through a manufacturing facility established at Dankuni under its erstwhile holding company, ABL. The company has built a strong presence in the branded packaged foods segment, particularly in biscuits and cookies, while expanding its portfolio across cakes, bakery products, chocolate-coated wafers and Indian sweets. According to the F&S Report cited in the DRHP, Anmol Industries was the fourth-largest biscuits brand in India by sales value in Fiscal 2026 and the sixth-largest cake brand by sales value during the same period. The company recorded a revenue compound annual growth rate (CAGR) of 21.54% between Fiscal 2024 and Fiscal 2026, according to the report.
Anmol has a strong presence in eastern India, where it was the third-largest player in the biscuits and cookies market in Fiscal 2026, with an 11% to 14% share by sales value. It was also the second-largest organised biscuits and cookies player in Bihar, with an 18% to 20% market share, and the second-largest player in Odisha, with a 13% to 15% share, based on sales value in Fiscal 2026. The company is also described as the largest regional biscuits brand, excluding national brands, in terms of sales value in Fiscal 2026.
The company's product portfolio is marketed under the Anmol umbrella brand and includes 70 brands such as Dream Lite, Butter Bake, Marie Plus, 2 in 1, Yummy and Mazza as of March 31, 2026. Its portfolio comprised 188 SKUs, including 159 in biscuits and cookies, 21 in cakes and eight across other categories. Dream Lite, one of its biscuit brands, generated revenue of more than ₹600 crore in Fiscal 2026. The company said its in-house research and development team continues to work on new products, variants and categories in line with changing consumer preferences.
During the last three fiscals, Anmol introduced 18 new products across its categories. In Fiscal 2026, its Multi Grain and Top Royale products generated revenue of ₹29.6 crore and ₹25.5 crore, respectively, according to the company. Its product portfolio includes both value packs priced at a maximum retail price of up to ₹10 and family packs priced above ₹10. Family packs contributed 23.85% of revenue from the sale of products in Fiscal 2026, generating ₹485.5 crore in revenue.
Anmol Industries has a broad distribution footprint, with its products available across 4,266 pin codes in 24 states and two Union Territories. As of March 31, 2026, its distribution network reached more than 2.10 million retail touch points across India, while its products were exported to 31 countries during the last three fiscals. The company operated seven manufacturing facilities as of the DRHP date, located across Uttar Pradesh, Bihar, West Bengal and Odisha. These facilities had an aggregate installed capacity of 360,965 tonnes per annum for biscuits and cookies and 16,372 tonnes per annum for cakes as of March 31, 2026.
The company's manufacturing network was supported by nine depots as of March 31, 2026, with an additional depot subsequently added at Sambalpur in Odisha. Its distribution network comprised 1,005 directly served distributors and 3,533 sub-distributors served through 444 super stockists as of March 31, 2026.
Financially, Anmol Industries reported revenue from operations of ₹2,101.8 crore in FY26, compared with ₹1,422.8 crore in FY24. Its net profit increased to ₹190.9 crore in FY26 from ₹126.2 crore in FY24. Intensive Fiscal Services Private Limited, ICICI Securities Limited and IIFL Capital Services Limited are the book-running lead managers for the proposed issue, while MUFG Intime India Private Limited is the registrar. The equity shares are proposed to be listed on the National Stock Exchange of India Limited and BSE Limited.
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