Haldiram Bhujiawala raises ₹235 cr from Pantomath’s Bharat Value Fund
1 month, 2 weeks ago

Haldiram Bhujiawala raises ₹235 cr from Pantomath’s Bharat Value Fund

Live Mint  

Bengaluru: Pantomath’s Bharat Value Fund has invested ₹235 crore in Kolkata-based snack brand Haldiram Bhujiawala for a minority stake, the companies said in a statement on Friday. Haldiram, which retails its products under the brand “Prabhuji”, plans to use the proceeds to expand its manufacturing units and markets outside of eastern and northeastern India. The company currently operates in markets, including West Bengal, Bihar, Jharkhand, and the northeastern regions, and has three manufacturing units with a combined capacity of 6,035 metric tonnes per annum. Haldiram, which was founded more than six decades ago, offers a broad product portfolio with more than 100 SKUs in eastern and north-eastern Indian markets, besides running quick service restaurants in West Bengal and north-eastern states.

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History of this topic

Haldiram's attracts bids from Alpha Wave, 2 others for 15-20% stake: Report
2 weeks ago

Haldiram's attracts bids from Alpha Wave, 2 others for 15-20% stake: Report

India Today  

Leading snack brand Haldiram Snacks Food has received binding offers from Alpha Wave Global, Blackstone, and Bain Capital-led consortiums for a 15-20% stake, reportedly valued at over a billion dollars, reported The Economic Times. The bids, which could mark one of India’s largest private-equity deals, peg the company’s valuation at Rs 75,000-80,000 crore, added the report. While private-equity firms push …

Pantomath’s Bharat Value Fund Invests Rs 235 crore for Minority Stake in Haldiram Bhujiawala
1 month, 2 weeks ago

Pantomath’s Bharat Value Fund Invests Rs 235 crore for Minority Stake in Haldiram Bhujiawala

Deccan Chronicle  

Mumbai: Kolkata-based Haldiram Bhujiawala Limited has announced the successful closure of its Private placement round, with Pantomath’s Bharat Value Fund investing Rs 235 crore in the Company for minority stake. Haldiram Bhujiawala Limited retails its products under the brand “Prabhuji” The snacks market, one of the fastest-growing sectors in India, was estimated to be worth Rs 426 billion in FY24, …

Is Haldiram's going to foreign arms? Blackstone-led $8.5 bn bid for 76% indicates so
7 months, 1 week ago

Is Haldiram's going to foreign arms? Blackstone-led $8.5 bn bid for 76% indicates so

Firstpost  

In September, Tata Group’s consumer unit explored acquiring over half of Haldiram’s but opted out due to the steep $10 billion valuation. According to Economic Times, last week, a consortium led by Blackstone, the world’s largest private equity fund, submitted a non-binding bid to acquire a controlling stake in India’s largest snack and convenience foods company. According to an IANS …

Delhi High Court affirms 'well-known' status for Haldiram trademark | Deets Inside
8 months, 2 weeks ago

Delhi High Court affirms 'well-known' status for Haldiram trademark | Deets Inside

India TV News  

In a major victory for the Indian snack giant, the Delhi High Court has declared the brand name "Haldiram" and its red oval logo as a ‘well-known’ trademark." Justice Prathiba Singh of the Delhi High Court noted that a 'well-known' mark is dynamic in nature. The Delhi High Court noted that the 'Haldiram' brand, which has its origins deeply rooted …

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