India, July 2 -- Days after converting into a public entity, cloud kitchen startup Curefoods filed draft red herring prospectus (DRHP) for its INR 800 Cr ($304 Mn) IPO with the markets regulator SEBI.
As per the DRHP, the company is planning to raise INR 800 Cr via fresh issue of shares. The IPO will also consist of an offer for sale (OFS) of up to 4.85 Cr equity shares by existing shareholders.
Besides, the company is also looking to raise a pre-IPO round, which (if executed) will result in the reduction of the IPO size.
Several shareholders, including Iron Pillar PCC, Crimson Winter, Accel India V (Mauritius), Chiratae Ventures India Fund IV, Global eCommerce Consolidation Fund, Alteria Capital Fund and Curefit Healthcare will be off...
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