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The Economic Times
The Economic Times
Akash Podishetti

Subway India operator EverBrands files IPO papers with Sebi. Check details

Subway India IPO QSR

EverBrands India, which operates Subway restaurants in India, Sri Lanka and Bangladesh, has filed its draft red herring prospectus with Sebi for an IPO. The issue will comprise a fresh shares worth up to Rs 600 crore. The filing details shared by the company mention no offer-for-sale component.

EverBrands, formerly known as Culinary Brands, is a multi-brand food and beverage platform. Its portfolio includes Subway, Lavazza, Dilmah and its owned coffee brand Fresh & Honest. The company operates through two main verticals: quick service restaurants and beverages.

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