Curefoods Ipo
Objects of the Issue
Expenditure by our Company towards: (i) setting up of new cloud kitchens, restaurants, kiosks and central kitchens under the Krispy Kreme brand (“Krispy Kreme Theatres”); (ii) expansion of certain existing cloud kitchens by way of brand addition; and (iii) purchase of machinery and equipment.
Repayment/pre-payment, in full or part, of certain borrowings availed by our Company;
Expenditure towards lease payments for existing properties of our Company, in India;
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 initiatives;
Acquisition of additional shareholding in our Subsidiaries, namely (i) Millet Express Foods Private Limited; (ii) Munchbox Frozen Foods Private Limited; and (iii) Yum Plum Private Limited;
Payment of deferred consideration by our Company under the business transfer agreement entered into by our Company with Jaika Hospitality Ventures Private Limited and its founders;
Expenditure towards sales and marketing initiatives by our Company; and
Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes.
Curefoods IPO Review
Canara Bank –
DRChoksey FinServ –
Emkay Global –
Hem Securities –
IDBI Capital –
Marwadi Shares –
Nirmal Bang –
SBICAP Securities –
Sharekhan –
SMC Global –
Sushil Finance –
Swastika Investmart –
Ventura Securities –
Geojit –
Reliance Securities –
Capital Market –
BP Wealth –
ICICIdirect –
Choice Broking –
IPO Lead Managers aka Merchant Bankers
JM Financial Limited
IIFL Capital Services Limited
Nuvama Wealth Management Limited
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Basis of Allotment: | 2025 |
Refunds: | 2025 |
Credit to Demat Account: | 2025 |
IPO Listing Date: | 2025 |
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2023 | ₹411.55 | ₹754.28 | ₹342.73 | ₹952.53 |
2024 | ₹635.09 | ₹806.88 | ₹172.61 | ₹866.15 |
2025 | ₹775.49 | ₹944.18 | ₹169.97 | ₹1,042.71 |
KPI | Values |
ROE: | (32.90%) |
ROCE: | (20.45%) |
EBITDA Margin: | (7.72%) |
PAT Margin: | (22.79%) |
Debt to equity ratio: | 0.38 |
Earning Per Share (EPS): | ₹(5.58) (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | (31.29%) |
Net Asset Value (NAV): | ₹17.84 |
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Jubilant FoodWorks Limited | 3.41 | 209.09 | 9.95% | 33.08 | 8,217.07 Cr. |
Devyani International Limited | 0.08 | 2,152.63 | (0.49%) | 11.62 | 4,988.04 Cr. |
Sapphire Foods India Limited | 0.60 | 547.75 | 1.20% | 43.47 | 2,919.08 Cr. |
Westlife Foodworld Limited | 0.78 | 961.22 | 2.01% | 38.70 | 2,515.67 Cr. |
Eternal Limited | 0.60 | 446.31 | 1.74% | 31.41 | 21,320.00 Cr. |
Swiggy Limited | (13.72) | NA | (30.50%) | 40.98 | 15,622.93 Cr. |
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹[.] Crores |
Fresh Issue: | Approx ₹800 Crores |
Offer for Sale: | Approx 48,537,599 Equity Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |