360 One Asset, Axis Alternative Investment Fund and White Oak Capital Management have jointly picked up a secondary stake in Gujarat-based Gopal Snacks ahead of the company’s planned initial public offering in 2024, two persons with knowledge of the deal said, asking to remain anonymous.
The deal size for this pre-IPO transaction is around ₹100 crore to ₹200 crore and the proceeds will be used to ‘meet obligations’ related to a loan taken by the founders last year, the persons cited above said.
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