Anmol Industries files IPO papers with SEBI

Anmol Industries Limited, a Kolkata-based biscuit maker, files papers for Initial Public Offering (IPO) with the SEBI. The issue comprises of equity shares aggregating up to Rs. 7,500.00 million via an offer for sale.
  
Anmol Industries is a branded packaged food company focused on biscuits and cakes. The company sells its products under Anmol brand. It is the fourth largest biscuit brand and the fifth largest cake brand in India, in terms of revenue for Calendar Year 2017. In the eastern parts of India, it is positioned third across the biscuits segment and fourth across the cakes segment, in terms of revenue for Calendar Year 2017.
 
The company’s diversified product portfolio comprises of more than 60 varieties of biscuits and more than 25 variations of cakes under bar cakes, which caters an extensive range of taste preferences and consumer segments.
  
The company has six manufacturing facilities with an actual installed capacity of 2,94,544 MTPA for biscuits and 8,148 MTPA for cakes. It recorded production of 1,44,430.50 MTPA for biscuits and 2,484.89 MTPA for cakes as on March 31, 2018.
  
The purpose of the IPO for the company are to achieve the benefit of listing its equity shares on the stock exchanges and enhancing its visibility and brand image.