India, April 15 -- Renowned chef Sanjeev Kapoor's Wonderchef is looking to go public this year, becoming the latest Indian startup to join the IPO race.

The Mumbai-based startup is eyeing a valuation of INR 1,800 Cr (about $200 Mn) for the IPO, sources told Inc42. This would be a significant jump from its last-known valuation of around $100 Mn.

The D2C kitchenware and home appliance maker's IPO will primarily comprise an offer for sale to provide an exit opportunity to its investors. The discussions are at initial stages currently and there could be some changes to this, the sources added. Inc42 couldn't ascertain the IPO size.

Wonderchef is planning to file its draft red herring prospectus (DRHP) with SEBI by mid-June and is looking t...