New Delhi, June 28 -- Foodlink F&B Holdings (India), a catering and food retail chain company, has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).
Foodlink F&B Holdings IPO is a mix of fresh issue of equity shares of up to Rs.160 crore and an offer-for-sale (OFS) component of over 1,19,53,535 shares by promoters and investor selling shareholders, according to the draft red herring prospectus (DRHP).
The company's promoters - Ankita Chugh, Trans Global Hotels LLP and Sanjay Manohar Vazirani - will offload their stakes as a part of the OFS in the Foodlink F&B Holdings IPO.
Arpit Khandelwal, V'Ocean Investments, Oaks Asset Manage...
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