Foodlink F&B Holdings (India) Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed 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 the promoter and investor selling shareholders.
As stated in the DRHP, the net proceeds from the fresh issue will be utilized for repayment or prepayment of borrowings, capital expenditure for the expansion of its restaurants and catering services, and general corporate purposes.
Founded by Sanjay Manohar Vazirani, who serves as Chairman and Managing Director, Foodlink has established itself as one of India’s leading premium hospitality brands. With operations in India, the UAE, and Saudi Arabia, the company provides high-end culinary experiences through luxury catering, fine dining restaurants, and international foodservice operations.
Sanjay Manohar Vazirani brings over two decades of experience in the food and hospitality industry and has played a key role in shaping Foodlink’s growth and global presence.
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.
