McDonald's supplier HyFun plans $208 million India IPO
HyFun Foods said the offering would fund capacity expansion as domestic demand grows and exports, now about three-fourths of revenue, decline over five years.
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McDonald's supplier HyFun plans $208 million India IPO
McDonald's and KFC supplier HyFun Foods plans to raise up to 20 billion rupees ($207.7 million) in an IPO by late 2028, the frozen-foods maker's CEO said, betting on surging demand from restaurants, retailers and quick-delivery platforms.
HyFun Foods Plans $208 Million India IPO
HyFun Foods, a supplier to global restaurant chains including McDonald’s and KFC, plans to raise up to ₹20 billion ($207.7 million) through an initial public offering in India by late 2028. The frozen-food maker expects to begin preparations for the IPO in mid-2027, with most of the issue comprising new shares to fund capacity expansion […]
HyFun Foods Plans Rs 2,000 Cr IPO by Late 2028
HyFun Foods, major frozen food supplier to McDonald’s & KFC, aims to raise up to ₹2,000 crore via an IPO by late 2028, per its CEO. Haresh Karamchandani laid out the plan in an interview with sources, reported on 6 October. Preparations for the listing should start in mid-2027. Most...
HyFun Foods IPO 2027-28: INR 2,000 Crore Target
India’s frozen food sector is expanding and HyFun Foods, a major supplier of potatoes to McDonald’s and KFC, is set to list through an INR 2,000 cr IPO by 2028. The company plans to launch the IPO in about mid-2027 largely through a fresh share offering.
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