Foodlink F&B Holdings India IPO is fully book build issue and total IPO size is ₹null crores. The entire share offering is a fresh issue worth ₹160.00 crores.
The dates for the Foodlink F&B Holdings India IPO have not been announced yet. The allotment process is expected to be finalized by [.].
The Foodlink F&B Holdings India IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Foodlink F&B Holdings IPO has not been announced yet.
Registrar for this IPO is Mufg Intime India Private Limited and lead managers for Foodlink F&B Holdings India IPO are Equirus Capital Private Limited, Jm Financial Limited.
Explore more upcoming IPOs in India for comparison and investment planning.
IPO Schedule
| IPO Open Date | - |
|---|---|
| IPO Close Date | - |
| IPO Allotment Date | - |
| Refund Initiation | - |
| Share credit in Demat | - |
| Listing Date | - |
Key Details
| Price Band | TBA |
|---|---|
| Lot Size | TBA |
| Face Value | ₹2 Per Equity Share |
| Total Issue Size | 11,953,535 Shares + ₹160 Crores |
| Fresh Issue | ₹160.00 Crores |
| OFS Issue | 11,953,535 Shares |
| Issue Type | Fresh Issue and Offer for Sale |
| Listing At | BSE, NSE |
Share Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | 75% |
| Retail | 10% |
| NII/HNI | 15% |
About Foodlink F&B Holdings (India) Limited Company
Foodlink F&B Holdings is a global luxury food services business delivering curated culinary experiences. We are India’s largest organized luxury catering company by revenue in FY24. Capitalizing on a first-mover advantage, we cater to weddings, MICE, sports events, and personal celebrations for India’s wealthiest families and top corporations.
Our integrated model encompasses three businesses: Events Catering (luxury and tailored services, international storage in Dubai), Casual Dining Restaurants & Cloud Kitchens, and Banquets and Integrated F&B Services. We've catered over 2,453 events in the nine months ended December 31, 2024, capable of handling over 30,000 guests at a single event and multiple events simultaneously. With operations in India and the UAE, we've catered to events globally, including Switzerland, Turkey, Italy, and France, amongst others.
Key clients include film actors, cricketers' families, HNIs, large corporates like Hardcastle Restaurant Private Limited, Zee Entertainment, and Greenply. We focus on gourmet quality and cultural curation, setting us apart as the go-to catering partner for high-profile events and the luxury market.
Foodlink F&B Holdings (India) Limited Financial Details
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 311.91 | 268.13 | 225.26 | 203.03 |
| Revenue | 306.39 | 377.19 | 273.13 | 130.18 |
| Profit After Tax | 7.40 | -15.35 | 2.73 | -22.20 |
| Net Worth | 88.82 | 79.59 | 92.12 | 88.86 |
| Reserves and Surplus | 87.17 | 77.94 | 90.47 | 85.99 |
| Total Borrowing | 32.59 | 35.30 | 15.17 | 20.23 |
₹ In Crore
Key Performance Indicator
| Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
|---|---|---|---|---|---|
| (3.10) | (17.88%) | 16.06 |
Offer Objectives
The document outlines the shareholding pattern, details of major shareholders, and the objects of the upcoming IPO. As of the date of the Draft Red Herring Prospectus, the promoter and promoter group held 3.315 crore shares, constituting 63.40% of the total shareholding. Non-Promoter Non-Public shareholders held 1.914 crore shares, representing 36.60%.
Major shareholders holding 1% or more of the paid-up share capital include Sanjay Manohar Vazirani (49.50%), Ankita Chugh (4.74%), Trans Global Hotels LLP (8.07%), V’Ocean Investments Limited (7.02%), Arpit Khandelwal (11.15%), Granth Deepak Vazirani (1.09%) and Shlok Vazirani (1.09%).
The IPO comprises a fresh issue of equity shares aggregating up to ₹160 crore and an offer for sale by selling shareholders. The company will not receive any proceeds from the Offer for Sale. From the net proceeds of the Fresh Issue, the company proposes to utilize: ₹40.894 crore for funding capital expenditure towards setting up two new centralized kitchens, ₹45.396 crore as investment in Foodlink Global Restaurants & Catering Services LLC for setting up four new casual dining restaurants, and ₹28.448 crore for repayment or prepayment of certain outstanding borrowings. The general corporate purposes shall not exceed 25% of the gross proceeds of the Fresh Issue and balance towards General Corporate Purposes.
IPO Registrar Details
MUFG Intime India Private Limited
Phone: +91 81081 14949
Email: [email protected]
Website: http://www.in.mpms.mufg.com
Offer Prospectus & Documents
Lead Managers
- Equirus Capital Private Limited
- JM Financial Limited
