Archive · 18 Nov 2025
iD Fresh Explores 30% Stake Sale to PE Firms at ₹4,500-cr Valuation
iD Fresh, a popular ready-to-cook food brand, is considering selling a 30% stake to several global private equity firms.
This deal could value the company at around ₹4,000-4,500 crore.
The company's major shareholder, Premji Invest, is expected to sell nearly half of its stake.
iD Fresh plans to use the funds to expand its product range and presence in India and abroad, and is aiming for an IPO by the end of FY27.
iD Fresh in talks to sell 30% stake to global PE firms
Transaction values iD Fresh at ₹4,000-4,500 crore
Premji Invest to offload nearly half of its stake
TPG NewQuest may also sell a small part of its stake
iD Fresh aims for IPO by end of FY27, subject to market conditions
- Who
- iD Fresh, global PE firms like Permira, Apax, L Catterton, and Carlyle
- What
- Exploring a 30% stake sale
- When
- Currently in talks, with no specific timeline mentioned
- Where
- India, with expansion plans in the UAE, US, Singapore, and Malaysia
- Why
- To fund expansion, product innovation, and prepare for a potential IPO
Support for the Stake Sale
Concerns about Foreign Ownership
Funding for Expansion
Support for the Stake Sale
The stake sale will provide funds for iD Fresh to expand its product range and presence.
Concerns about Foreign Ownership
Foreign ownership may lead to concerns about job security and local control.
Preparation for IPO
Support for the Stake Sale
The sale will help iD Fresh prepare for its planned IPO by the end of FY27.
Concerns about Foreign Ownership
A successful IPO may depend on market conditions, which are uncertain.
- Founded
- 2005
- Headquarters
- India
- Funding Raised
- Over $120 million
- Latest Funding Round
- ₹507 crore in series D (led by TPG's NewQuest Capital Partners)
- Planned IPO
- By end of FY27, subject to market conditions
- Estimated Ready-to-Eat Market Growth
- ₹703.5 crore between 2024 and 2027