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Rice Bran Oil Industry Report 2023-2030: Organic Rice Bran

Dublin, July 28, 2023 (GLOBE NEWSWIRE) -- The "Rice Bran Oil - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's...

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GEF India IPO: Major edible oil firm Gemini Edibles plans Rs 1,800 crore IPO


MUMBAI: Golden Agri-Resources, the world's second-largest palm oil plantation company, plans to float an initial public offer (IPO) for its Indian subsidiary Gemini Edibles & Fats India Private Limited (GEF India).
Four investment banks - Nomura, Axis, Credit Suisse and Kotak have been hired to run the process. A draft red herring prospectus (DRHP) for the Rs 1500-1800 crore IPO will be filed by next month, said multiple people aware of the development.
Rs 6,555-crore Gemini Edibles is backed by global PE fund Proterra Investment Partners which owns about 25% stake in the company.
Mails sent to Golden Agri-Resources, Gemini Edibles & Fats India and Proterra Investment Partners did not elicit any responses.

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