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Pushp Brand files DRHP for OFS-only IPO; FY26 revenue hits Rs 482 cr with 20.7% MP spices share
Indore-based masala maker Pushp Brand filed DRHP with SEBI for a pure OFS of 74.45 lakh shares by promoters and PE backers A91 (20.14%) and Sixth Sense (7.81%). FY26 revenue Rs 481.94 cr, PAT Rs 58.95 cr, EBITDA Rs 84.19 cr at 43.75% blended spice margin. Commands 20.7% MP spices and 58% MP hing share across 3.68 lakh retail touchpoints.
Business Today · Latest · 5/27/2026, 8:51:17 AM
Pushp Masale files DRHP for Rs 1,000 cr OFS-only IPO; A91, Sixth Sense to partially exit
Indore-based spice maker Pushp Masale has filed its DRHP for an OFS-only IPO of 7.44 million shares, likely sized at Rs 1,000 crore. A91 Partners (20.14%) and Sixth Sense Ventures (7.81%) will pare stakes. FY26 revenue rose 19% to Rs 482 crore; profit climbed 28% to Rs 59 crore across 312 SKUs.
Entrackr · 5/27/2026, 6:33:53 AM
Pushp Brand files DRHP for ₹800-1,000 cr IPO, takes on Everest and MDH
Indore-based packaged spices firm Pushp Brand has filed draft papers with SEBI for an ₹800-1,000 crore IPO, structured entirely as an offer-for-sale by the promoter Surana family alongside investors A91 Emerging Fund and Sixth Sense India Opportunities. The company competes with Everest, MDH, Orkla India and Badshah in the branded masala segment.
The Hindu BusinessLine · 5/27/2026, 5:39:55 AM