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Axis PE, other backers get a mark-up as Gopal Snacks eyes over $670 mn tag

By TEAM VCC

  • 01 Mar 2024
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Axis PE, other backers get a mark-up as Gopal Snacks eyes over $670 mn tag
Credit: 123RF.com

Private equity-style investors who picked up a small stake in Gopal Snacks Ltd via a secondary transaction in a pre-initial public offering round last October will be sitting on a neat upside as the food company opens its IPO next week.  The Gujarat-based snack maker popular for its fried snacks and potato wafers ......

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