Left Menu
Development News Edition

Anmol Industries gets SEBI approval for IPO to raise Rs 750 crore

Anmol Industries gets SEBI approval for IPO to raise Rs 750 crore

City-based biscuit maker Anmol Industries Ltd has received market regulator SEBI's approval for its IPO to raise Rs 750 crore.

Anmol Industries has established a brand presence in northern and eastern India and is looking to diversify into southern and western markets, it said in a release on Monday.

The company said it is the fourth largest biscuit brand and the fifth largest cake brand in India in terms of revenue.

According to the DRHP filed by Anmol Industries, for the financial year 2016-17, the company posted a total income of Rs 1,240 crore and net profit of around Rs 72 crore. Shares of the Kolkata-based company are proposed to be listed on the BSE and the NSE.



Hyderabad Encounter: A sentiment analysis of public mood on day of encounter

Sentiment analysis of twitter users revealed that they showered salutes on Hyderabad police for eliminating alleged gang rapists of the veterinary doctor but only a few believe in cops version of successive events leading to encounter....

Hyderabad Encounter: Time to review modern judiciary and restore people’s confidence

Its probably for the first time in the history of independent India, the parliamentarians, chief ministers and ministers in the Union and State governments are openly supporting an encounter. This indicates the people from top to bottom hav...

What happens to your outstanding loans if the bank falls?

... ...

Time for a change! Innovations to stop the growing plastic pollution

As the planet is drowning in plastic pollution, many new innovative approaches and solutions have emerged to effectively deal with the menace....


Latest News

Doping-Russian athletics champion blasts own sports authorities over Olympic ban

Russian high jump world champion Maria Lasitskene on Tuesday accused her countrys own sports authorities of failing to protect athletes from the deepening doping crisis, in a rare public broadside at top officials. The World Anti-Doping Age...

Mohun Bagan seek first win of season in match against debutant Trau FC

Mohun Bagan will be desperate to earn their first win of this I-League season when they face debutants TRAU FC of Manipur at the Kalyani Municipality Stadium here on Wednesday. The Kolkata heavyweights have logged just one point from two ga...

China plans to launch its own digital currency: Report

China plans to launch its own digital currency to stay ahead of the global competition with its central bank approving proposals to conduct trials in some cities, official media here reported on Tuesday. Chinas central bank - the Peoples Ba...

Government school teachers threaten to burn effigy of Pb education minister

Government school teachers in Punjab on Tuesday threatened to burn an effigy of state Education Minister Vijay Inder Singla if he did not seek an apology for allegedly using objectionable words against some protesting unemployed youths a fe...

Give Feedback