Curefoods India Limited IPO DRHP
Curefoods is an internet-driven, multi-brand food services platform offering diverse cuisines tailored to varied consumer preferences and dietary needs. It follows a multi-channel model, delivering food through both online and offline formats, including cloud kitchens, kiosks and restaurants. Its portfolio of brands enables it to serve a broad customer base, while its digital-led approach supports efficient operations, consistent quality and scalable growth across delivery and non-delivery channels.
Curefoods India IPO Objects
- Expenditure by our Company towards: (i) setting up of new cloud kitchens, restaurants, kiosks and central kitchens under the Krispy Kreme brand
- Repayment/pre-payment of certain borrowings availed by the Company
- Expenditure towards lease payments for existing properties of the Company
- Investment in our Subsidiary, Fan Hospitality Services Private Limited towards: (i) acquisition of additional shareholding; and (ii) setting up of a new central kitchen, cloud kitchens and restaurants
- Investment in our Subsidiary, Cakezone Foodtech Private Limited for: (i) acquisition of additional shareholding; and (ii) sales and marketing initiative
- Acquisition of additional shareholding in Subsidiaries
- Payment of deferred consideration by the Company under the business transfer agreement entered into by the Company with Jaika Hospitality Ventures Private Limited and its founders
- Expenditure towards sales and marketing initiatives by the Company
- Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purpose
Curefoods India IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹800.00 Cr (0.00 Shares) |
Offer For Sale(4.85 Cr Shares) |
Total Issue( Shares) |
Face Value₹1 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 10% of Net Offer |
Curefoods India IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 745.80 | 585.12 | 382.04 |
| Profit after Tax | -169.97 | -172.61 | -342.73 |
| Net Worth | 510.17 | 454.69 | 555.10 |
| Total Borrowing | 195.88 | 124.11 | 131.18 |
| Total Assets | 1,042.71 | 866.15 | 952.53 |
| NAV per share (in ₹) | 17.84 | 18.12 | 27.47 |
| EPS - Basic (in ₹) | -5.58 | -6.53 | -16.04 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | -7.72% |
| PAT | -22.79% |
| ROE | -32.90% |
| ROCE | -20.45% |
| Debt to Equity | 0.38 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Details
| Name | Shareholding |
|---|---|
| Ankit Nagori | 77.53% |
| Others | 0.22% |
| Total | 77.75% |
Management Details
| Name | Designation |
|---|---|
| Ankit Nagori | Chairman, MD & CEO |
| Godavarti Sivarama Bhaskar | CFO |
Company Details
Name: Curefoods India Limited
Address: No. 72/4, Roopena Agrahara, Hosur Road, Madiwala Post, Bengaluru 560 068, Karnataka, India
Number: +91 63647 08916
Email: secretarial@curefoods.in
Website: www.curefoods.in
Book Running Lead Managers (BRLMs)
RTAs
KFin Technologies
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Find answers to common questions that come in your mind related to IPO.
Curefoods India IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Curefoods India IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Curefoods India IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Curefoods India IPO is ₹0 per share (-).
The minimum lot size of Curefoods India IPO is 0 shares & the minimum application amount is Rs. 0.
The allotment date of Curefoods India IPO is 11 Feb 26.
The listing date of Curefoods India IPO is 11 Feb 26.
Curefoods India IPO is subscribed -.
Curefoods India IPO is priced at ₹ - ₹ per share.
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