Curefoods files DRHP to raise Rs 800 Cr in fresh issue, founder Ankit Nagori to skip OFS

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Cloud kitchen brand Curefoods has filed its DRHP with the Securities and Exchange Board of India (SEBI) for an IPO comprising a fresh issue of Rs 800 crore and an OFS of 4.85 crore shares, according to its filing.

As part of the OFS, Iron Pillar will offload 1.9 crore shares, while Crimson Winter and Accel India plan to sell 97.6 lakh and 45.75 lakh shares, respectively. Chiratae Ventures and Global eCommerce will divest 64.5 lakh and 35.24 lakh shares through the public issue.



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Curefoods files DRHP to raise Rs 800 Cr in fresh issue, founder Ankit Nagori to skip OFS


Cloud kitchen brand Curefoods has filed its DRHP with the Securities and Exchange Board of India (SEBI) for an IPO comprising a fresh issue of Rs 800 crore and an OFS of 4.85 crore shares, according to its filing.

As part of the OFS, Iron Pillar will offload 1.9 crore shares, while Crimson Winter and Accel India plan to sell 97.6 lakh and 45.75 lakh shares, respectively. Chiratae Ventures and Global eCommerce will divest 64.5 lakh and 35.24 lakh shares through the public issue.



Source link

Disclaimer

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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