HyFun Foods plans ₹1,500 crore Gujarat and MP expansion, targets IPO in 2–3 years

Frozen-food maker HyFun Foods will build greenfield plants in Gujarat and Madhya Pradesh, with the Gujarat unit targeted for January 2027. The company is targeting ₹3,500 crore revenue by FY28 and may raise ₹1,500–2,000 crore ahead of a proposed IPO.

— Filed Tue, 28 Jul, 2026, 18:11 IST · Source Business Standard · Companies · Updated

HyFun Foods will invest ₹1,500 crore in new Gujarat and Madhya Pradesh plants, expanding frozen-food capacity and domestic offerings. The company targets ₹3,500 crore revenue by FY28, may raise pre-IPO capital, and plans an IPO within 2-3 years.

Why this matters

No related recent HyFun Foods signals were provided; the planned Gujarat and Madhya Pradesh plants pair capacity expansion with a pre-IPO fundraising and revenue-growth plan.

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