Haldiram Considers IPO Amidst Stake Sale Plans

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Haldiram considers IPO as bids fall short of the $12 billion valuation expectation, hovering around $8-8.5 billion

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The bid was led by Blackstone Inc, Abu Dhabi Investment Authority, GIC Pte, Bain & Co and Temasek Holdings Pte

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The potential IPO is still in the preliminary stages

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Till date, Indian companies have raised approximately $3.9 billion through IPOs

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