News on Chips and Snacks from India

Prataap Snacks IPO receives spectacular response from investors: 47.39 times oversubscribed.
September 28, 2017

Prataap Snacks IPO receives spectacular response from investors: 47.39 times oversubscribed.

The initial public offer (IPO) of Prataap Snacks received bids for 17.19 crore shares, data on the National Stock Exchange of India (NSE) website showed. The IPO was oversubscribed 47.39 times.
IPO Prataap Snacks oversubscribed by 2.17 times after day 2, with still a day to go
September 26, 2017

IPO Prataap Snacks oversubscribed by 2.17 times after day 2, with still a day to go

Prataap Snacks initial share sale offer was oversubscribed 2.17 times on the second day of bidding on Monday, with still another day to go.
Indian Potato Chip maker Prataap Snacks plans IPO in two months
September 04, 2017

Indian Potato Chip maker Prataap Snacks plans IPO in two months

Indian snack manufacturer Prataap Snacks Ltd., the maker of Yellow Diamond potato chips, said its initial public offering will hit the markets in two months as it looks to expand operations and enter newer categories.
Bikanervala in talks with Private Equity funds to raise up to 30 million USD
August 30, 2016

Bikanervala in talks with Private Equity funds to raise up to 30 million USD

Bikanervala Foods Pvt. Ltd, which sells Indian sweets and savouries under the brand Bikano, has initiated discussions with private equity funds to raise as much as Rs.200 crore [PP: about 30 million USD], said two people familiar with the development.
No private investors interested to start potato processing plant in West-Bengal
May 02, 2016

No private investors interested to start potato processing plant in West-Bengal

The West-Bengal government (India) has recently abandoned its proposed potato processing unit in Hooghly's Sheoraphuli after no private company showed interest in the project.
Pepsico India launches new Lays campaign: 'Love to Love it'
January 21, 2016

Pepsico India launches new Lays campaign: 'Love to Love it'

It's still a month to go for Valentine's Day but Pepsico India is already ready to celebrate love, albeit, in a quirky way through its new Lay's campaign - 'Love to Love it'.
Pepsico India to reorganize Snack Brands: Lays and Kurkure
January 20, 2016

Pepsico India to reorganize Snack Brands: back to Lays and Kurkure

PepsiCo India is streamlining its snacks portfolio, creating two master brands: Lay's and Kurkure for western and Indian traditional salted snacks respectively.
Pepsico to procure potatoes for potato chips from Kuppam, Andhra Pradesh
June 14, 2015

Pepsico to procure potatoes for potato chips from Kuppam, Andhra Pradesh

PepsiCo India is looking to enhance potato procurement through its tie-up with farmers in Chittoor district, Andhra Pradesh.
India marketing war? Pepsico - ITC focus on healthier packaged snacks
March 25, 2015

India marketing war? Pepsico - ITC focus on healthier packaged snacks

As growth slows down and intense competition emerges from regional brands in potato chips, PepsiCo and ITC are shifting their focus more towards newer and healthier forms of packaged snacks, the market for which is growing at twice the speed.
Balaji Wafers to start production of French Fries and frozen specialties
December 03, 2014

Balaji Wafers to start production of French Fries and frozen specialties

Balaji, one of the largest regional potato chips and snacks brands in India, will soon move into the production of French fries and other frozen potato specialty products, according to Chandu Virani, MD of Balaji Wafers.
Sanjay Ghodawat Group to enter Indian snack market with Star555
September 01, 2014

Sanjay Ghodawat Group to enter Indian snack market with Star555

The Kolhapur-based Sanjay Ghodawat Group, which has interests in a number of sectors including fast-moving consumer goods (FMCG), will soon foray into the food and beverage market with the launch of the snack brand, Star555.
India's government asked PepsiCo to develop nutritious processed foods to be included in school lunches around the country, food processing minister Harsimrat Kaur Badal said on Tuesday after a meeting with Pepsico chief executive officer Indra Nooyi.
August 27, 2014

India asks Pepsico to make 107 million school lunches healthier

India’s government is seeking help from an unlikely partner to feed millions of its hungriest children: PepsiCo Inc, the world’s largest snack maker.
Inaugural Ceremony of Kiremko Potato Chips Processing Unit At Fryo Foods by Mr. Alphonsus Stoelinga, Ambassador of the Netherlands in India
June 25, 2014

Dutch firm Kiremko enters crowded Potato Chips Market in India

Earlier this month, the inaugural ceremony took place of Fryo's state of the art potato chips line built by Dutch equipment manufacturer Kiremko
Balaji Products
June 15, 2014

Balaji Group to increase capacity at Rajkot snack plant by 50 percent

Rajkot-based Balaji Wafers Private Limited is in process of increasing its production capacity of its plant in Rajkot by 50 percent.
Balaji Wafers now plans IPO; has dropped stake sale option
June 15, 2014

Balaji Wafers now plans IPO; has dropped stake sale option

Indian snacks maker Balaji Wafers Private Limited is now preparing to come out with an initial public offering (IPO) to raise fund for its future expansions. The company that was in talks with private equity (PE) funds to sell stake, has dropped the idea of stake sale for now.
Lady Rosetta (Meijer Potato)
May 29, 2014

Poor crop in India has raised potato prices, leaving snack-makers in a spot

Fries, chips and flakes manufacturers in India are concerned over firm prices of potato, which has seen a jump owing to poor crop this year. Companies assure that an increase in retail price was unlikely to take place in the short run.
ITC's Bingo Snacks
May 27, 2014

Profit ITC's FMCG business excluding cigarettes up

ITC Ltd's operating profit from its fast moving consumer goods (FMCG) business excluding cigarettes jumped three-and-a-half times to Rs 43 crore during the January-March quarter from Rs 11.87 crore in the corresponding period a year ago
Balaji Wafers offers a range of traditional Indian Snacks, next to regular potato chips
March 29, 2014

CIPEF may buy 15% in Balaji  Wafers

Balaji Wafers Pvt. Ltd is in advanced talks with Capital International Private Equity Funds (CIPEF) to sell nearly 15% in the snacks maker according to two people familiar with the development, who did not want to be named.

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