Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

SEBI has approved the Initial Public Offer (IPO) of Foodlink F&B Holdings (India) Ltd. on November 28, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Foodlink F&B Holdings (India) Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹160.00 crores and an offer for sale (OFS) of upto 1.20 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Equirus Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Foodlink F&B Holdings IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹160 Cr) |
| Offer for Sale | 1,19,53,535 shares of ₹2 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 5,22,98,600 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Jun 28, 2025 |
| SEBI/Exchange approval received | Fri, Nov 28, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 2003, Foodlink F&B Holdings (India) Limited is a leading catering and hospitality provider with operations across India and abroad. The company's integrated business model comprises three distinct yet complementary businesses:
As of December 31, 2024, Foodlink have operations in India and the United Arab Emirates and has catered events in Switzerland, Turkey, Italy, Spain, the UAE, France, Oman, Qatar, Egypt, Jordan, the Maldives, Thailand, and Nigeria.
As of the date of this Draft Red Herring Prospectus, Foodlink operate 30 Casual Dining Restaurants and Cloud Kitchens. These include 18 units across two cities in India at 13 different locations, and 12 units in Dubai spread across six locations.
The company have five centralised kitchens in India, located in Mumbai (Maharashtra), Ahmedabad (Gujarat), Mohali (Punjab), Hyderabad (Telangana), and New Delhi.
As of December 31, 2024, the company employed 1,235 people.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 311.91 | 268.13 | 225.26 | 203.03 |
| Total Income | 307.91 | 380.17 | 275.82 | 131.05 |
| Profit After Tax | 7.40 | -15.35 | 2.73 | -22.20 |
| NET Worth | 88.82 | 79.59 | 92.12 | 88.86 |
| Total Borrowing | 32.59 | 35.30 | 15.18 | 20.23 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards setting up two Proposed Centralized Kitchens by the Company | 40.89 |
| 2 | Investment in FGRCS, the Material Subsidiary, for funding of capital expenditure towards setting up four Proposed Casual Dining Restaurants | 45.40 |
| 3 | Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and FGRCS | 28.45 |
| 4 | General Corporate Purposes |
| KPI | Mar 31, 2024 |
|---|---|
| RoNW | -17.88% |
| PAT Margin | -4.04% |
| EBITDA Margin | 8.12% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 63.4% |
Lead Manager Reports
Foodlink F&B Holdings IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Foodlink F&B Holdings IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Foodlink F&B Holdings IPO using UPI as a payment gateway. Zerodha customers can apply in Foodlink F&B Holdings IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Foodlink F&B Holdings IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Foodlink F&B Holdings IPO dates are not announced. Please check back again after some time.
Foodlink F&B Holdings IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Foodlink F&B Holdings IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Foodlink F&B Holdings IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Foodlink F&B Holdings IPO allotment status.
The Foodlink F&B Holdings IPO listing date is not yet announced. The tentative date of listing is .