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Days after converting into a public entity, cloud kitchen startup Curefoods filed draft red herring prospectus (DRHP) for its INR 800 Cr ($304 Mn) IPO with the markets regulator SEBI.
As per the DRHP, the company is planning to raise INR 800 Cr via fresh issue of shares. The IPO will also consist of an offer for sale (OFS) of up to 4.85 Cr equity shares by existing shareholders.
Besides, the company is also looking to raise a pre-IPO round, which (if executed) will result in the reduction of…
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Days after converting into a public entity, cloud kitchen startup Curefoods filed draft red herring prospectus (DRHP) for its INR 800 Cr ($304 Mn) IPO with the markets regulator SEBI.
As per the DRHP, the company is planning to raise INR 800 Cr via fresh issue of shares. The IPO will also consist of an offer for sale (OFS) of up to 4.85 Cr equity shares by existing shareholders.
Besides, the company is also looking to raise a pre-IPO round, which (if executed) will result in the reduction of…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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