Haldiram Snacks PVT LTD is a Non-govt company, incorporated on 13 Mar, 1996. It’s a private unlisted company and is classified as’company limited by shares’.
Company’s authorized capital stands at Rs 10.0 lakhs and has 18.199999% paid-up capital which is Rs 1.82 lakhs.
Haldiram Snacks PVT LTD is majorly in Manufacturing (Food stuffs) business from last 27 years and currently, company operations are strike off.
Company is registered in Kolkata (West Bengal) Registrar Office. Haldiram Snacks PVT LTD registered address is 74/1 COTTON ST KOLKATA WB 700007 IN.
Haldiram Snacks PVT LTD Details is not Share market Listed Company.
Haldiram Snacks PVT LTD Details
CIN | U15146WB1996PTC077967 |
Date of Incorporation | 13 Mar, 1996 |
Status | Strike Off |
Company Category | Company limited by Shares |
Company Sub-category | Non-govt company |
Company Class | Private |
Business Activity | Manufacturing (Food stuffs) |
Authorized Capital | 10.0 lakhs |
Paid-up Capital | 1.82 lakhs |
Paid-up Capital % | 18.199999 |
Registrar Office City | Kolkata |
Registered State | West Bengal |
Registration Number | 77967 |
Registration Date | 13 Mar, 1996 |
Listing Status | Unlisted |
Haldiram Snacks PVT LTD Industry overview
Haldiram’s is the market leader in the Indian ethnic and snacks industry with a 38.5 percent share. As of FY22, this industry was worth Rs 114 billion and expected to grow to Rs 204 billion by FY26, according to Bikaji Foods’ red herring prospectus. Bikaji Foods—it listed in November 2022—and Haldiram’s belong to the same family group. While Bikaji Foods has a presence in Rajasthan, Assam, and Bihar, Haldiram’s has pan-India operations, with a major presence in New Delhi.
Tata Consumer Products’ stock fell 2.72 percent on September 7, paring the previous day’s gains after the company denied any negotiations with Haldiram’s.
Is Haldiram’s really worth $10 billion?
On September 6, reports suggested that Tata Consumer Products was in talks to buy a 51 percent stake in Haldiram’s but was not comfortable with the $10 billion valuation that Haldiram’s had sought. Both companies have since denied being in talks.
Tata Consumer Products and Haldiram’s may have denied reports that the Tata Group firm is looking to buy a majority stake in the Indian foods and snacks company, but the development has thrown up an important question: Is Haldiram’s really worth $10 billion?
Analysts say Haldiram’s products would be a good addition to the Tata Consumer Products portfolio, which doesn’t have such foods and snacks. However, they have expressed doubts if the business is actually worth $10 billion.
On September 6, Reuters reported that Tata Consumer Products is in talks to buy a 51 percent stake in Haldiram’s but was not comfortable with the $10 billion valuation that Haldiram’s had sought.
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Disclaimer: This price prediction is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
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