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Hunger Pangs Limited DRHP: Offer Structure, Burma Burma Business, Financials, Risks

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Summary

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  • Hunger Pangs Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI on 21 October 2026, detailing a proposed IPO that includes a fresh issue of up to ₹1,500 million and an offer for sale of 27,929,760 equity shares.
  • The fresh issue proceeds aim to fund new Burma Burma restaurants in India, while the offer for sale proceeds will benefit selling shareholders.
  • As of July 2026, the company operates 22 restaurants across nine cities and reported a profit after tax of ₹56.91 million for fiscal 2026.
  • Investors are advised to await the final Red Herring Prospectus for critical details like price band and bid dates, as the

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