Country Delight plans $200-300 million Indian IPO: Report
According to a NewsBytes report, dairy brand Country Delight is gearing up for an initial public offering (IPO) in India, aiming to raise between $200 million and $300 million. The share sale is expected to include both new equity issuance and an offer-for-sale from current institutional backers. Additionally, the firm is weighing a pre-IPO funding round to set a valuation target prior to submitting its draft red herring prospectus to SEBI.