Over 100% Attrition Rate For 3 Years

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SUMMARY

Curefoods reported an attrition rate of 111.7% for the financial year ended March 31, 2025 (FY25)

This was the third consecutive year the company recorded attrition rate above 100%, according to its draft red herring prospectus (DRHP) filed with markets regulator SEBI for its IPO

The IPO will comprise a fresh issue of shares worth up to INR 800 Cr ($304 Mn) and an offer for sale (OFS) of up to 4.85 Cr equity shares

IPO-bound cloud kitchen major Curefoods reported an…



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Over 100% Attrition Rate For 3 Years


SUMMARY

Curefoods reported an attrition rate of 111.7% for the financial year ended March 31, 2025 (FY25)

This was the third consecutive year the company recorded attrition rate above 100%, according to its draft red herring prospectus (DRHP) filed with markets regulator SEBI for its IPO

The IPO will comprise a fresh issue of shares worth up to INR 800 Cr ($304 Mn) and an offer for sale (OFS) of up to 4.85 Cr equity shares

IPO-bound cloud kitchen major Curefoods reported an…



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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