return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. IPO
    /
  5. Parle-G and Melody maker Parle Products may raise over ₹9,530 crore via IPO, advisors appointed: Report

Market News

Parle-G and Melody maker Parle Products may raise over ₹9,530 crore via IPO, advisors appointed: Report

Upstox
By Upstox News Desk

2 min read | Updated on July 03, 2026, 12:00 IST

Google
SelectUpstoxas yourPreferred news source
Copy link
Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Parle Products has picked Kotak Mahindra Capital, HSBC Securities and Axis Capital as advisors for the potential initial public offering.

Parle Products makes the world's largest selling biscuit, Parle-G, and a host of brands like Hide & Seek, Monaco, KrackJack, Melody, Poppins and Mazelo. | Image: X/@ParleFamily

Parle Products makes the world's largest selling biscuit, Parle-G, and a host of brands like Hide & Seek, Monaco, KrackJack, Melody, Poppins and Mazelo. | Image: X/@ParleFamily

Parle Products, a leading biscuits and confectionery manufacturer in India, is looking to tap the primary market to raise more than $1 billion (over ₹9,530 crore) via an initial public offering, Moneycontrol reported, citing multiple industry sources.
Open FREE Demat Account within minutes!
Join now

The iconic brand could go to the floors next year. Although the discussions are in an early stage, Parle Products is looking at a valuation of over ₹1 lakh crore, the report quoted a source as saying.

However, the final issue size and valuation would depend on market conditions.

The company has picked Kotak Mahindra Capital, HSBC Securities and Axis Capital as advisors for the IPO, another source told Moneycontrol.
When asked about the potential IPO, Mayank Shah, Chief Marketing Officer at Parle Products, told Moneycontrol, "We do not comment on market speculation. Currently we are focused on running and growing the business. Like any company of our scale, we keep assessing options that enable our growth."

Parle Products makes the world's largest selling biscuit, Parle-G, and a host of brands like Hide & Seek, Monaco, KrackJack, 20-20 Cookies, 2 in 1 Eclairs, Kaccha Mango Bite, Melody, Poppins and Mazelo.

Its peers include Britannia, ITC, Priya Gold, Anmol Industries, Perfetti, Mondelez India, Cremica and others.

ALSO READ | FirstCry-backed Swara Baby Products submits papers with SEBI for ₹1,000 crore IPO
According to a PTI report citing data accessed through the business intelligence platform Tofler, the operational revenue of Parle Products grew 8.5% to ₹15,568.49 crore in the financial year 2024-25. However, the profit declined 39% to ₹979.53 crore.

Its total income, which includes other income, advanced 7.32% to ₹16,190.98 crore for FY25.

According to an India Brand Equity Foundation (IBEF) report, the Indian biscuit, cookies and crackers market stood at ₹1.16 lakh crore (USD 13.58 billion) in 2025. With a forecast of 6.8% compound annual growth rate (CAGR), the sector is expected to reach ₹1.64 lakh crore (USD 18.87 billion) by 2030.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story