Freedom Oils Maker Gemini Edibles & Fats India Files DRHP with Sebi for IPO
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Freedom Oils maker Gemini Edibles & Fats India files DRHP with Sebi for IPO
Gemini Edibles & Fats India, maker of Freedom Oils, filed IPO papers with Sebi for an entirely offer-for-sale issue of up to 4.12 crore shares. Promoters and investors will sell stakes, while the company earns no proceeds. Revenue rose to Rs 12,650 crore in FY26, supported by strong branded oil growth.
Gemini Edible and Fats India (GEF), which sells cooking oils under the name Freedom Oil, has announced that it is going for an IPO.
Gemini Edibles & Fats IPO: Oil maker flags raw material, regional concentration, other risks in DRHP
New Delhi, Aug 22 (SocialNews.XYZ) Gemini Edibles & Fats India Ltd -- maker of the Freedom Oils brand -- has flagged significant raw material, supply chain, regional concentration and regulatory risks in its draft red herring prospectus (DRHP) filed with market regulator Securities and Exchange Board of India for its proposed initial public offering. The Hyderabad-based company is proposing an IPO comprising an offer for sale of up to 4.11 crore…
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