Anmol, Devi Seafoods mandate banks for India IPOs

Anmol Industries has hired three banks to lead its flotation in India this year, which could raise around Rp10bn ($156m).
The biscuit manufacturer is working with local shops Edelweiss Financial Services, Motilal Oswal and ICICI Securities to file a draft prospectus within the next few weeks, according to bankers on the transaction.
The Kolkata-based firm headed by entrepreneur Baijnath Choudhary was formed from the merger of Anmol Bakers, ...Already a subscriber? Login