Little Bee Impex IPO : To raise Rs 100 cr

by khalid on 16/10/2009 · 0 comments

LITTLE

Little Bee Impex is the third largest honey maker in the world. The two are, American company Sue Bee Honey and Langnese Honey of Germany. The company is planning to raise Rs.100 crores through Initial Public Offer (IPO). The company plans to offload 25% stake through this IPO.

The company is Ludhiana based and exporting 20000 tones of honey annually. It planned to increase its capacity to 30000 tones annually.

The proceeds of this IPO will be utilized to invest in expansion plans of honey bee colonies and buying a factory in Germany.

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