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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Details

  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹10 per share
  • Price Band
  • Lot Size
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    85,00,000 shares (agg. up to ₹[.] Cr)
  • Fresh Issue
    60,00,000 shares (agg. up to ₹[.] Cr)
  • Offer for Sale
    25,00,000 shares of ₹10 (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    1,86,90,720 shares
  • Share Holding Post Issue
    2,46,90,720 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Tue, Jun 30, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35.00% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

About Functional & Innovative Foods Ltd.

Functional & Innovative Foods Ltd. is a food processing company engaged in the manufacturing, processing, and marketing of a wide range of food products.

The company focuses on delivering high-quality, value-added food solutions that cater to changing consumer preferences for convenience, nutrition, and taste. Its product portfolio includes processed foods, ready-to-eat and ready-to-cook products, ingredients, and other innovative food offerings for domestic and international markets.

The company operates with an emphasis on quality assurance, food safety, and innovation throughout its manufacturing processes. By leveraging modern production facilities, research and development capabilities, and efficient supply chain management, Functional & Innovative Foods Ltd. aims to develop products that meet evolving consumer demands while adhering to industry standards and regulatory requirements.

As on December 31, 2025, the product portfolio comprised more than 25 product offerings with more than 700 Stock Keeping Units (SKUs). The operations are carried out through four (4) manufacturing units comprising nine (9) facilities located in the State of Tamil Nadu.

Competitive Strengths:

  • Established private label manufacturing capabilities with repeat customers
  • Diversified product portfolio across multiple food categories
  • Integrated food manufacturing infrastructure with stringent quality control and robust supply chain.
  • Consumer market access through branded product offerings
  • Experienced management team with strong execution capabilities and industry relationships

Company Financials (Restated Consolidated)

Period Ended 31 Dec 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 163.17 98.46 86.29 58.45
Total Income 232.90 260.76 162.02 115.57
Profit After Tax 25.61 23.22 13.76 3.22
EBITDA 37.42 34.47 21.46 7.17
NET Worth 71.44 27.55 26.72 12.94
Reserves and Surplus 52.74 27.53 26.70 12.92
Total Borrowing 40.41 34.40 29.64 22.77

Recently Listed IPOs in Other Food Products

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Orkla India Ltd. Mainboard ₹1,667.54 Cr ₹730 39.11 ₹713.65 -2.24% ₹613.30 (-0.90%)
Elfin Agro India Ltd. SME ₹25.03 Cr ₹47 13.05 ₹47.60 +1.28% ₹73.20 (+0.22%)
Shyam Dhani Industries Ltd. SME ₹38.49 Cr ₹70 13.19 ₹139.65 +99.50% ₹64.00 (-0.08%)

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding capital expenditure for the setting up of Unit-V
  • 2 Funding capital expenditure for the setting up of Unit-VI
    19.64
  • 3 Pre-payment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
    20.00
  • 4 Investment in its wholly owned Subsidiary, Christy Quality Foods (India) Private Limited (CQFIPL) in the form of debt or equity for repayment/prepayment of borrowings, in full or in part, of all or a portion of certain outstanding borrowings availed by such Subsidiary
    10.00
  • 4 Investment in its wholly owned Subsidiary, Christy Quality Foods (India) Private Limited (CQFIPL) in the form of debt or equity for repayment/prepayment of borrowings, in full or in part, of all or a portion of certain outstanding borrowings availed by such Subsidiary
    15.00
  • 6 General Corporate Purposes
  • Total
    82.02

Key Performance Indicator (KPI)

KPI Dec 31, 2025 Mar 31, 2025
ROE 51.74% 85.58%
Debt/Equity 0.57 1.25
RoNW 35.85% 84.28%
PAT Margin 11.00% 8.91%
EBITDA Margin 15.90% 13.01%

IPO Registrar

Kfin Technologies Ltd.

  • 04067162222, 04079611000
  • functional.ipo@kfintech.com
  • Visit Website

IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Functional & Innovative Foods Ltd. Address
1/374A Andipalayam Village Andipalayam Post,
Tiruchengode,
Namakkal, Tamil Nadu, 637214
  • 04288-252544
  • compliance@functionalandinnovativefoods.com
  • Visit Website

IPO FAQs

Functional & Innovative IPO is a main-board IPO of 85,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Functional & Innovative IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Functional & Innovative IPO using UPI as a payment gateway. Angel One customers can apply in Functional & Innovative IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Functional & Innovative IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Functional & Innovative IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Functional & Innovative IPO dates are not announced. Please check back again after some time.

Functional & Innovative IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Functional & Innovative IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Functional & Innovative IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Functional & Innovative IPO allotment status.

The Functional & Innovative IPO listing date is not yet announced. The tentative date of listing is .

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