Curefoods IPO
Market Sentiment
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 411.55 | 635.09 | 775.49 |
| Expense | 754.28 | 806.88 | 944.18 |
| Profit (PAT) | 342.73 | 172.61 | 169.97 |
| Total Assets | 952.53 | 866.15 | 1,042.71 |
| Company | EPS | P/E | Market Cap (Cr) |
|---|---|---|---|
| Jubilant FoodWorks Limited | 3.41 | 209.09 | 10 |
| Devyani International Limited | 0.08 | 2,152.63 | 0 |
| Sapphire Foods India Limited | 0.60 | 547.75 | 1 |
| Westlife Foodworld Limited | 0.78 | 961.22 | 2 |
| Eternal Limited | 0.60 | 446.31 | 2 |
| Swiggy Limited | -13.72 | - | -31 |
Promoters: Ankit Nagori
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 9,54,38,319 | 83.43% |
Strengths & Risks
- Revenue grew 22% in the latest reported year.
- Solid profit margin — 21.9%.
- Low leverage — debt/equity of 0.38.
- Modest return on equity — -33%.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Curefoods is one of the famous companies in the case of an food services, providing varied cuisines along with the different tastes and dietary needs. A company, due to internet driven, every facilities and information is at someone’s fingertips. The company utiliseed quality foods by focusing on standards materials by which foods safety and quality of foods could be maintained. Their operations run smoothly with well-planned kitchens and restaurants, an efficient supply chain, and smart hiring of staff. Keep adding new brands and launch new products under existing brands, Focus on Expedited Delivery Channels, Expand Presence in Existing Markets are the company’s strengths.
| Purpose | Amount (Cr) |
|---|---|
| Expenditure by our Company towards: (i) setting up of new cloud kitchens, restaurants, kiosks and Krispy Kreme Theatres; (ii) expansion of certain existing cloud kitchens by way of brand addition; and (iii) purchase of machinery and equipment | 152.54 |
| Repayment/pre-payment, in full or part, of certain borrowings availed by our Company | 126.93 |
| Expenditure towards lease payments for existing properties of our Company, in India | 40.00 |
| 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 | 91.96 |
| Investment in our Subsidiary, Cakezone Foodtech Private Limited for: (i) acquisition of additional shareholding; and (ii) sales and marketing initiatives | 11.35 |
| 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 | 81.15 |
| 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 | 2.50 |
| Expenditure towards sales and marketing initiatives by our Company | 14.00 |
| Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes | - |
Resources & Documents
Curefoods India Limited, No. 72/4, Roopena Agrahara,, Hosur Road, Madiwala Post,, Bengaluru 560 068,, Karnataka, India
Curefoods is preparing a sme offering. The SME issue is in the upcoming pipeline with dates yet to be finalised.
Curefoods is one of the famous companies in the case of an food services, providing varied cuisines along with the different tastes and dietary needs. A company, due to internet driven, every facilities and information is at someone’s fingertips.
The issue is promoted by Ankit Nagori with JM Financial Limited, IIFL Capital Services Limited, Nuvama Wealth Management Limited acting as lead manager. Net proceeds will primarily be used towards Expenditure by our Company towards: (i) setting up of new cloud kitchens, restaurants, kiosks and Krispy Kreme Theatres;… (Rs 153 crore) and Repayment/pre-payment, in full or part, of certain borrowings availed by our Company (Rs 127 crore).
On fundamentals, the company is posting revenue growth of 22.1%, a profit margin of 21.9%, return on equity of -32.9% in its most recent reported period. Listed peers in this segment include Jubilant FoodWorks Limited (P/E 209.09x, market cap Rs 10 crore) and Westlife Foodworld Limited (P/E 961.22x, market cap Rs 2 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Curefoods IPO GMP — What It Means
No active grey market premium has been recorded for Curefoods IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Curefoods GMP history and trend, or learn how grey market premium works and how reliable it is.
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