Pushp Brand (India) has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). The proposed IPO is entirely an offer-for-sale (OFS) of up to 74.45 lakh equity shares by promoters and investor selling shareholders.
The shares of the company are proposed to be listed on BSE and NSE. ICICI Securities, IIFL Capital Services, and Systematix Corporate Services are the book-running lead managers for the IPO.
Pushp Brand (India) is a branded packaged spices and food company. Its portfolio includes pure spices, blended spices, whole spices and value-added products such as hing, western seasonings, quick-fry mixes, soya products and tea.
