Business Overview
Foodlink is a global luxury food services enterprise focused on delivering curated culinary experiences. Its integrated business model operates across 3 key verticals: an events catering segment providing bespoke and premium catering services for weddings, sports, social, and corporate events; a casual dining restaurants and cloud kitchens segment with operations in major metropolitan markets across India and the UAE; and a banquets and integrated F&B services segment, operated through Jade Banquets in Mumbai and Ahmedabad. To efficiently support these operations and ensure consistency in quality and scale, the Company operates 5 centralized kitchens in India and 1 centralized kitchen in Dubai, enabling streamlined production, customization, and service delivery across geographies.
Objects of Issue
- Funding of capital expenditure towards setting up two Proposed Centralized Kitchens by the Company
- Investment in material subsidiary FGRCS to fund capital expenditure for four proposed casual dining restaurants.
- Repayment of certain outstanding borrowings availed by our Company and FGRCS
- General corporate purposes
Financial Performance
(Rs. in crores)
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue | 306.39 | 377.19 | 273.13 | 130.18 |
| PAT | 7.40 | -15.35 | 2.73 | -22.20 |
| Net Worth | 88.82 | 79.59 | 92.12 | 88.86 |
| Borrowings | 32.59 | 35.30 | 15.18 | 20.23 |
| Assets | 311.91 | 268.13 | 225.26 | 203.03 |
| NAV (₹) | 17.92 | 16.06 | 18.59 | 17.96 |
| EPS (₹) | 1.49 | -3.10 | 0.43 | -4.68 |
KPIs
EBITDA
8.12%
PAT
-4.04%
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
63.40%
Public
36.60%
Management
Frequently Asked Questions
What is Foodlink IPO?
When will Foodlink IPO open?
What is the GMP of Foodlink IPO?
What is the lot size of Foodlink IPO?
When is the allotment of Foodlink IPO?
What is the listing date of Foodlink IPO?
What is the subscription of Foodlink IPO?
What is the price band of Foodlink IPO?
How to check allotment status of Foodlink IPO?
How to apply Foodlink 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 Foodlink 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 Foodlink IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Foodlink 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