EverBrands India files DRHP for IPO with SEBI
In short
EverBrands India Limited filed its draft papers with SEBI for an IPO.
The company was earlier called Culinary Brands Private Limited and runs brands such as Subway and Lavazza. The report does not say how much it wants to raise or when the issue will happen.
What the reporting says
EverBrands India Limited submitted its Draft Red Herring Prospectus to SEBI for an IPO, according to the publisher summary. The company, formerly Culinary Brands Private Limited, is described as a multi-brand food and beverages platform with brands including Subway and Lavazza. The reporting does not state the size of the issue, timing, or how the proceeds would be used.
Why it matters
EverBrands India Limited has submitted its DRHP to SEBI for an IPO, according to the summary. The company is described as a multi-brand food and beverages platform with Subway and Lavazza among its brands, and it was formerly Culinary Brands Private Limited. The filing signals a planned listing, but the available reporting does not provide the issue size or use of proceeds.