Parle Products IPO buzz: Is Parle-G maker planning a public issue? A look at listed peers

Parle Products IPO: Parle Products, which makes renowned Parle-G biscuits and other confectionery products, is reportedly preparing to tap the market via an initial public offering (IPO).

The discussions are at the early stage. The food corporation told the financial news channel, "Nothing as of now," when asked about the public issue proposal.

Parle Products said that it is focused on running and growing the business. "Like any company of our scale, we evaluate ideas from advisors that can create value," it said.

Parle Products is a food processing company involved in making biscuits and confectionery products. Its popular products include Parle-G, 20-20 Cookies, KrackJack, Monaco, Hide & Seek, 2 in 1 Eclairs, Kaccha Mango Bite and Parle Rusk, among others.

The company had reported an 8.5% year-on-year increase in its operational revenue to ₹15,568.49 crore in the financial year 2024-25. Its profit fell 39% YoY to ₹979.53 crore.

Parle Products IPO: Here's a look at listed peers

Britannia Industries, which owns brands like Tiger, Good Day, NutriChoice and MarieGold, has a market capitalisation of ₹1.37 lakh crore. It had reported a consolidated revenue from operations of ₹17,942.67 crore in FY25 and profit of ₹2,178.73 crore.

ITC is another key player in the biscuits segment with its Dark Fantasy (choco fills), Sunfeast and Marie Light, among other products.

Mondelez India Foods, an unlisted entity, also competes in the biscuits segment with its iconic chocolate cookies Oreo and health-focused Bournvita Biscuits, alongside Lotus Biscoff (licensed). Its revenue from operations and profit stood at ₹12,502.95 crore and ₹12.47 crore in FY25, respectively.