Archive · 25 Oct 2025
Curefoods Gets SEBI Approval for ₹800 Crore IPO
Curefoods, a cloud kitchen company, has gotten the green light from India's SEBI to sell shares to the public through an IPO.
This means they are going to offer shares to investors.
The IPO will involve selling new shares to raise ₹800 crore, as well as some shares from existing investors.
The money raised will be used to grow the business, improve their kitchens, build their brand, and pay off some debt.
Curefoods has brands like EatFit, and Sharief Bhai Biryani.
The company operates in many cities and towns across India.
Curefoods received SEBI approval for its ₹800-crore IPO.
The IPO includes a fresh issue and an offer for sale (OFS) of shares.
Ankit Nagori, the founder, will not be selling any shares in the OFS.
Proceeds will fund expansion, infrastructure, marketing, and debt reduction.
Curefoods operates across 70 cities and towns with 502 service locations.
- Who
- Curefoods
- What
- Received SEBI approval for an IPO.
- When
- October 25, 2025
- Where
- India
- Why
- To expand, strengthen infrastructure, invest in marketing, and reduce debt.
- Company
- Curefoods
- Founder
- Ankit Nagori
- SEBI Approval
- Received for IPO
- IPO Amount
- ₹800 crore
- IPO Components
- Fresh issue and OFS
- FY26 Revenue
- ₹746 crore
- FY26 Net Loss
- ₹170 crore
- Service Locations
- 502 as of March 31, 2025