The Haldiram's Story I Why There Is A Bidding War For India's Largest Snacks Chain

The Haldiram's Story I Why There Is A Bidding War For India's Largest Snacks Chain | Explained

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Күн бұрын

Days after reports of Blackstone, Abu Dhabi Investment Authority (ADIA) and Singapore sovereign wealth fund GIC teaming up for a non-binding bid to acquire a controlling stake in Haldiram Snacks Food Pvt Ltd started doing the rounds, Bain Capital has reportedly teamed up with Singapore’s Temasek to compete with the Blackstone, ADIA and GIC consortium as Livemint reported it first.
In this video, Mint will take you through Haldiram’s incredible journey-from a small sweet shop in Bikaner to a global brand generating more than a billion dollars in revenue annually. We’ll explore the key people behind its success, the strategies that unlocked its growth potential, and why the world’s largest private equity fund, among others, wants a big bite.
#haldirams #blackstone #baincapital #aida
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Пікірлер: 33

@muraliheart4u Ай бұрын

They still use a lot of palmolein oil in their products even after generating a lot of profits.

@KM-hm3sw Ай бұрын

They are kanjoos.

@ER-xc2ef Ай бұрын

If they will not use Palmolive oil then there will be a price war for Indian consumers & matter of affordability.. All the companies use Palmolive oil as that is sustainable from the price stand. None of them are concerned about health....these companies just concentrate on sales & margin

@PiyushKumar-sm7oy Ай бұрын

Though in India we don't have brands like apple Microsoft mac Donald Pepsi lays that have global presence across all countries of the world eventhough some home brand starts to become one, these foreign fund accquire them.

@sriharisrinivas6133 Ай бұрын

You haven’t spoken about their profitability which attracts these people

@philosopherin6885 Ай бұрын

Haldiram should remain Indian, and shouldn't succumb to foreign Capitalists.

@BoyBombay Ай бұрын

Are Indian capitalists okay? They are all the same just different colour to their moneys.

@lakshay8496 Ай бұрын

Yeah but Indian capitalists will allow the profits to stay in India and hence allow India to grow. Recently foreign VCs bought out over 60% of Indian healthcare and that is horrible because we might end up in a similar position as the US where most people aren’t able to afford it.

@aniruddhrpg2 Ай бұрын

I agree, I will stop buying Haldiram’s if there a non-Indian controlling stake.

@adarshagrawal5383 Ай бұрын

Wow! Indian brand growing globally 👏

@tvm73836 Ай бұрын

To complete with global leaders and to become a even bigger global brand (for instance if they want to sell in normal grocery chains in the US and not just Indian stores) they will need access to capital. Taking a minority stake from PE firms and then going IPO with an ADR (like Infosys etc) might be a path that would inspire future Indian entrepreneurs to not jump at the first seemingly big cheque. Zuckerberg famously got an offer for $1B, an unimaginable amount for him at that time, but no he is worth close to $100B.

@BoyBombay Ай бұрын

Why would they go for an overseas listing instead of tapping the local market? An overseas listing is not cheap and the compliance costs are high. Consumers aren't going to buy their products only because they are listed overseas.

@DJTejasMusic28 Ай бұрын

ADIA and GIC are sovereign wealth funds, not PE. And wasn't it Temasek who made the bid, not GIC itself?

@ninadsheth8422 Ай бұрын

Excellent reporting. Superb detailing. I do think Abhishek bhai needs a battle suit and a silk tie.Haldiram got matrix of medium quality @ medium price right every year, potential of 360 million consumers. The population of Europe ready to open their wallets. 5X earnings looks expensive now, brand power scale will make #Blackstone $8.5 billion deal look like a bargain. interesting that value of Pakistan’s IMF loan equals India’s sale of a Bhujiya company.

@millercoolable Ай бұрын

For a moment I thought Anupam Mittal is the host 😮

@MegaLostworld Ай бұрын

Buy karke flop karangey phir market se gayab karengey phir reinnovate karke indian pallate ko westernize karengey so that carcinogenic laden eating culture create kar sake .... cultural amnesia aswell as health epidamic in the making .... keep the traditional recipies intact at all cost indians