Veeba prepares for an IPO to raise up to ₹1,875 crore: Report

VRB Consumer Products, the parent company of Veeba-branded sauces and condiments, is preparing for an IPO that could raise as much as $200 million (around ₹1,875 crore), Bloomberg reported. The company has roped in Axis Capital, Motilal Oswal Investment Advisors and Jefferies Financial Group to advise on the share sale. The public offering is expected to take place this year.