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IHC, Alpha Wave join Haldiram's investor roster
Business Standard
|April 01, 2025
The snack maker likely to go public within 24 months
Haldiram Snacks Food, India's leading snack and food brand, will come into the market with its initial public offer (IPO) in the next 18 to 24 months, according to a source in the know. This comes after it signed agreements to sell stake to International Holding Company (IHC), Alpha Wave Global, and Singapore-headquartered global investment firm Temasek at a $10 billion valuation.
The ethnic food major on Monday onboarded new investors IHC and Alpha Wave Global to its ongoing equity round, PwC said in a release.
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