Parle-G Maker Explores $1 Billion IPO, Focuses on Long-Term Growth Opportunities
Parle Products, which owns brands like Parle-G, Monaco, KrackJack and Melody, is reportedly planning a $1 billion (INR 9,530 crore) IPO that could value the company at over $10.5 billion (INR 1 lakh crore). The Mumbai-based FMCG major has brought on board top investment banks.