Renaissance Capital logo

Amira Nature Foods prices IPO at $10, below the range

October 10, 2012

Amira Nature Foods, a processor, distributor and marketer of packaged Indian Basmati rice and snacks, raised $90 million by offering 9 million shares at $10, 29% below the midpoint of the $13-$15 range. Amira Nature Foods plans to list on the NYSE under the symbol ANFI. UBS Investment Bank and Deutsche Bank acted as lead managers on the deal.