Business Overview
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.
Objects of Issue
- 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
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.
Shareholding
Promoter
77.75%
Public
22.25%
Management
Frequently Asked Questions
What is Curefoods India IPO?
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How to apply Curefoods India IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Curefoods India IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Curefoods India IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Curefoods India IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date