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Investor interest in the food and beverage and hotel-restaurant business is steadily growing in India. Over a dozen food and beverage (F&B) and hospitality companies are preparing to launch Initial Public Offerings (IPOs) worth ₹9,000 crore in the coming months. This is primarily due to the country's growing consumer demand and the rapid changes taking place in the sector.

Milky Mist and Prestige Hospitality Lead the Way
The largest IPO in this wave is being launched by Milky Mist Dairy Foods, known for its products like milk, yogurt, and ice cream. The company plans to raise ₹2,035 crore, which includes a new share issue of ₹1,785 crore and an offer for sale of ₹250 crore.

Similarly, Prestige Hospitality Ventures, which runs a chain of premium hotels, is also planning a large IPO of ₹2,700 crore. This includes ₹1,700 crore of new shares and an offer for sale of ₹1,000 crore. Both companies are offering investors the opportunity to participate in a business with consistent demand and good profits.

Small Companies Also in the Field
In addition to large companies, several mid-sized and small companies are also preparing to raise funds. Among them, Foodlink, which has made a name for itself in luxury catering, will launch an IPO of approximately ₹160 crore. Meanwhile, Curefoods India, which operates cloud kitchen brands like Eatfit, Cakezone, and Frozen Bottles, is planning to raise approximately ₹800 crore. Additionally, Infifresh (formerly Captain Fresh), which operates in the packaged seafood business, will also launch an IPO of ₹1,700 crore.

Haldiram and Cremica may also launch IPOs
Two well-known companies in the food and beverage sector, Haldiram Snacks Foods and Cremica Foods, may also join the IPO fray. While Haldiram plans to raise ₹5,000 crore, Cremica is preparing to raise between ₹800 and ₹1,000 crore. Additionally, Orkla India, the parent company of MTR Foods, is also planning an IPO of ₹5,000 crore.

Why is the time right for an IPO?

Experts believe that the stock market is currently experiencing positive sentiment. Investors are interested in companies that generate consistent earnings and have the potential to grow. Companies in the F&B sector are now leveraging technology, expanding their distribution networks, and attracting consumers through innovative brands.

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