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An Amul IPO? Never, Says RS Sodhi Of GCMMF
An Amul IPO—For investors to investment bankers - it's probably an "utterly butterly delicious" idea. But...
30 Dec 2021, 02:34 AM IST
Imagine the "Taste of India" on Dalal Street.In the largest milk-producing country of the world, a dairy products brand with $7.3 billion in sales and 95% market share in packaged butter launching an initial public offering to become a public listed enterprise. For investors to investment bankers, it's probably an "utterly butterly delicious" idea.But it's unlikely to happen. In fact, "never", says RS Sodhi, the managing director of ...
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