Functional & Innovative Foods files DRHP for IPO of up to 85 lakh shares
Integrated food contract manufacturer behind Nallas and Christy Quality Foods filed its DRHP with SEBI. The offer combines a 60 lakh-share fresh issue with a 25 lakh-share OFS, funding new plants in Tamil Nadu and Madhya Pradesh, debt repayment and working capital. FY25 revenue stood at ₹2,601.17 mn with PAT of ₹232.22 mn.
Integrated food contract manufacturer Functional & Innovative Foods filed DRHP with SEBI for an IPO of up to 85 lakh shares, funding two new plants in Tamil Nadu and Madhya Pradesh, debt repayment, and working capital.
Why this matters
The DRHP follows Functional & Innovative Foods' plan to fund sprouted and fortified food factories in Tamil Nadu and MP, signaling a capacity expansion tied to its public listing.
retail-company signals accelerating at +509400% QoQ.