Parle Products Weighs $1 Bn IPO at $10.5 Bn Valuation, Ropes In Kotak, Axis, HSBC
The maker of Parle-G, Monaco and Hide & Seek is reportedly exploring a $1 billion IPO valuing it above $10.5 billion (~₹75,420 crore). FY25 revenue rose 8.5% to ₹15,568.49 crore, though profit fell 39% to ₹979.53 crore. Parle declined to comment, saying it is 'assessing options that enable growth.'
Parle Products, maker of Parle-G and other iconic FMCG brands, is reportedly exploring a $1 billion IPO at over $10.5 billion valuation, with Kotak, Axis and HSBC advising. Company declined to comment, citing focus on growth.