Latest News

  • SH Kelkar files prospectus for IPO, seen at around $100 million

    news date   March 26, 2015  |

    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.
    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).

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  • SH Kelkar & Co: Infusing Fragrance In Lives

    news date   Jul 23, 2014  |

    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.

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  • Blackstone invests $44 mn in SH Kelkar & Company

    news date   September 3, 2012  |

    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.
    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.

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