Foodlink F&B Holdings (India) Limited (“Foodlink” or “the Company”) has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO).
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.
Restaurant Brands and Catering Division
The Company’s well-known restaurant brands include India Bistro, Art of Dum, YouMee, and China Bistro. Its catering division is renowned for managing prestigious events for global dignitaries, celebrities, and corporate houses. Foodlink’s business model integrates strong operational excellence with global culinary trends, targeting discerning clientele seeking high-quality gastronomic experiences.
Use of Proceeds
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, and general corporate purposes.
Foodlink F&B Holdings Leadership and Industry Position
Sanjay Manohar Vazirani, the Promoter and Chairman & Managing Director of the Company, brings over two decades of experience in the food and hospitality sector. Known for his entrepreneurial spirit and commitment to excellence, he has transformed Foodlink into a globally admired name in the premium F&B space.
Lead Managers and Listing Plans
JM Financial Limited and Equirus Capital Private Limited are the Book Running Lead Managers to the issue. The equity shares are proposed to be listed on both BSE Limited and the National Stock Exchange of India Limited.
