Mumbai, Aug. 31 -- Country Delight's parent has begun early-stage preparations for an initial public offering (IPO) in India that could raise $200-300 million, as the subscription-based dairy and fresh-produce delivery platform weighs a listing within the next 12-18 months, said two people familiar with the matter. Beejapuri Dairy Pvt. Ltd. will begin informal pitches to investment bankers over the next 7-10 days to select lead managers for the proposed IPO, one of the people said. The IPO is likely to comprise a combination of fresh equity and an offer for sale by existing institutional shareholders, a second person said. The final issue size, primary-secondary split and timing will depend on the board's approval and stock market condition...