Balaji Wafers

Kedaara Capital, General Atlantic eye 6-7% slice of Balaji Wafers

The Virani brothers - Chandubhai, Bhikhubhai, and Kanubhai - who founded and control the company, are considering a partial stake sale to fund expansion across India

Balaji Wafers' stake sale plan on hold amid weak response from PE investors

ITC and PepsiCo also explored the deal but later withdrew as they were not keen on a minority stake

General Mills joins ITC and PE giants in race for 10% Balaji Wafers stake

Balaji Wafers is exploring a partial stake sale, with global players like General Mills, ITC, PepsiCo, and top private equity firms in talks as the company plans for expansion and IPO

At least 10 private equity suitors circle Balaji Wafers for 10% stake

Balaji Wafers in talks with global PE giants, eyeing up to 10% stake sale at ₹40,000 crore valuation; ITC lone FMCG suitor, IPO planned in 5-6 years

ITC, PepsiCo, PE giants vie for 10% stake in Balaji Wafers at ₹40,000 cr

Balaji Wafers, known for its strong presence in western and central India, reported over ₹5,400 crore revenue in FY24, making it a top target for investors eyeing the snacks market

Balaji Wafers in talks with leading PE firms to sell up to 10% stake

PE funds, flush with record capital, are eyeing opportunities in India's branded consumer, technology, and healthcare sectors

FMCG categories see sharp downtrading in markets, shows data

According to Bizom, four out of six categories tracked are witnessing downtrading in rural markets, while five of six in urban markets have also seen a similar trend.

Will Ayushman Khurrana's star appeal power Balaji Wafers' national push?

Experts say that this is the best time for a small brand to aim big, but warn that Balaji has two big challenges to contend with

Balaji Wafers eyes pan-India presence, commissions Indore plant

It is the snack maker's third plant and first outside Gujarat set up at a project cost of Rs 400 crore