Gemini Edibles & Fats India, the maker of the Freedom Oils brand, files draft IPO papers with India’s market regulator SEBI for an entirely offer-for-sale (OFS) issue of up to 4.12 crore shares. Under the OFS structure, promoters and existing investors sell their stakes, and the company itself does not receive IPO proceeds.
The outlets describe the firm’s broader business and performance context. NDTV outlines that Gemini Edibles & Fats operates across four verticals: bulk merchandising, industrial consumer, branded retail consumer, and convenience foods and spices. Economic Times adds that the company’s revenue rises to Rs 12,650 crore in FY26, supported by growth in branded oils. Together, the reports present the filing as an IPO aimed at providing an exit for shareholders while highlighting the company’s diversified operations and recent revenue growth.
