Foodlink F&B Holdings (India) Limited (“Foodlink”) has received final observations from the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).
IPO structure and utilisation of proceeds
The IPO comprises a fresh issue of equity shares aggregating up to ₹160 crore and an Offer For Sale (OFS) of up to 11,953,535 equity shares by existing shareholders, including promoter and investor selling shareholders.
The net proceeds from the fresh issue will be utilized for:
- repayment or prepayment of borrowings
- capital expenditure for expansion of restaurants and catering services
- general corporate purposes
A leading name in premium culinary services
Founded and led by Sanjay Manohar Vazirani, Foodlink has grown into one of India’s most prominent hospitality brands. With operations across India, the UAE, and Saudi Arabia, the company offers high-end culinary services through luxury catering, fine-dining restaurants, and international foodservice operations.
Strong portfolio of restaurant brands
Foodlink’s well-known restaurant brands include:
- India Bistro
- Art of Dum
- YouMee
- China Bistro
Its catering division has earned a reputation for managing prestigious events for global dignitaries, celebrities, and major corporates. Foodlink’s business model blends operational excellence with global culinary trends, catering to a discerning clientele seeking premium gastronomic experiences.
