French fry-maker HyFun Foods eyes IPO by 2028, aims ₹1,500 crore revenues in this fiscal: Report
Hyfun Foods, a frozen potato products manufacturer, plans to start a first public offering (public offering) until 2028 and aims to hit La1,500 CRORE COMES FOR 2025-26 FINANCIAL YEAR, reported the news agency PTIOn Sunday, October 5, 2025, referring to MD and Group CEO Haresh Karamchandani.
Karamchandani stressed how the company’s products are increasing for the products of the company in both local and international markets. According to the agency report, with the help of the new facility, the company will aim to collect donations through the public offering on the Indian exchange in 2028.
What will company funds use?
Together with the Executive Director Kamsh Karamchandani, Haresh Karamchandani said that the funds obtained from the public offer will be re -deposited in expansion of fuel growth opportunities.
“We are planning to continue to invest in more expansion to benefit from the growth potential,” he said to the news agency.
The company is also reported to have established a frozen FRY FRY line with a large capacity, a frozen potato special line, which they aim to invest. La1,000 crore in 2025.
“We almost invest around La1,000 crore this year, ”he said.
Future view
Hyfun Foods is waiting for a “good purchase için in the consumption of frozen foods in the Indian market due to the reduction of the goods and service tax (GST) in processed foods.
According to the agency report, the company focuses on expansion plans while investing in large production facilities to expand its product portfolio.
“So, in general, we will do it around this year La1,500 crore sales. ”
“We focus on the South East Asia, the Middle East, the Far East, and these countries have been emerged as an alternative supplier, now I focus on the South East Asia, the Middle East, the Far East, and now India has been emerged.
They also stressed that comfort is a major factor that directs the growth of frozen foods in the domestic market.
“We do not limit ourselves to potato -based products, but we also limit many other products, because Indian consumers need a lot of diversity. So, in general, we look at the opportunity, we want to take advantage of the opportunity of India,” he said.
However, the company also stated that there is no plan to establish open sea production facilities for HYFUN foods.
