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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 ![NDTV Profit](/icons/feather-without-circle.svg)
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![Amul ice-cream vendor shows a menu of ice creams to a customer. (Photographer: Dhiraj Singh/Bloomberg)](https://media.assettype.com/bloombergquint%2F2019-04%2F510d413f-96fb-442a-bd2c-c2248896f4c6%2F226257020.jpg?rect=0%2C384%2C4000%2C2250&auto=format%2Ccompress&w=200)
Amul ice-cream vendor shows a menu of ice creams to a customer. (Photographer: Dhiraj Singh/Bloomberg)
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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