SH Kelkar files prospectus for IPO, seen at around $100 million
March 26, 2015 | www.business-standard.com
Fragrance maker S.H. Kelkar and Company, partly owned by Blackstone Group, has filed a draft prospectus with the regulator for an initial public offering that a banker directly involved in the process said would fetch around $100 million.Read More
S.H. Kelkar did not provide the full IPO amount in the prospectus, according to the draft prospectus filed with the Securities and Exchange Board of India (SEBI).
SH Kelkar & Co: Infusing Fragrance In Lives
Jul 23, 2014 | www.forbesindia.com
Scents replaced fumes at a garage in Mumbai's Dadar area when the Kelkar family decided to set up a fragrance manufacturing unit in the 1920s, inspired by Gandhi's Non-Cooperation Movement that had urged India to ban imported materials.Read More
Blackstone invests $44 mn in SH Kelkar & Company
September 3, 2012 | www.business-standard.com
The Blackstone Group LP has invested Rs 243 crore to buy a significant minority stake in unlisted Indian fragrance maker SH Kelkar & Company, both the firms said in a joint statement.Read More
The U.S. private equity giant has bought a 34.5 percent stake in the company, sources with direct knowledge of the matter told Reuters.