HyFun Foods IPO

Latest update · 6 Oct 2026

HyFun Foods Targets Rs 2,000 Crore IPO by Late 2028 to Fund Massive Expansion

HyFun Foods aims for an INR 2,000 crore IPO by late 2028. Explore financial targets, capacity expansion, and market strategies from the red herring disclosures.

• HyFun Foods is targeting an INR 2,000 crore IPO by late 2028, with formal preparations starting in mid-2027.
• The company raised INR 1,500 crore from Davidson Kempner in June 2026 to fund pre-IPO capital expenditure.
• Total processing capacity is slated to double from 350,000 tonnes to 700,000 tonnes via new plants in Mehsana and Madhya Pradesh.
• Management aims to grow revenue from INR 1,450 crore in FY26 to INR 3,500 crore by FY28 by scaling domestic retail and regional QSR channels.
• Key operational risks include agricultural supply chain fluctuations, project execution timelines, and long-term market competition.