Pushp Brand (India) has received the Securities and Exchange Board of India’s (SEBI) approval to raise funds through initial public offering (IPO). The company, which filed preliminary IPO papers in June, obtained 'final observation' from the regulator on August 27, 2026.
The IPO is an Offer for Sale of up to 74.45 lakh equity shares by existing shareholders. The OFS will include shares held by promoters Surendra Kumar Surana and Mahendra Kumar Surana, as well as investor shareholders A91 Emerging Fund I LLP and Sixth Sense India Opportunities III.
Established in Indore in 1974, Pushp Brand has grown from a regional spices business into a packaged food company operating under the Pushp and Munimji brands.
