Captain Fresh IPO: The B2B Seafood Supply Chain Startup is preparing to be listed in Captain Fresh Stock Market. For IPO, it has submitted documents from the Capital Market Regulator SEBI from the Confidential Route. Confidential pre-filing root provides secrecy to companies until the final decision on the listing. If necessary, they can later withdraw the draft without disclosing important information based on market conditions.
Confidential pre-filing, companies permission to keep sensitive business details or financial metrics and risk confidential, especially from Competitors. On the other hand, Standard DRHP (Draft Red Herring Prospectus) becomes a public document after filing.
Captain Fresh started in 2019. This startup connects fishermen and aquaculture formors directly to retailers and distributors. Captain Fresh, became a public limited company in July. It also included 3 Independent Directors- Durgesh Kumar Singh, Anil Birara and Harita Gupta in their board.
OFS along with new shares in IPO
Captain Fresh has reclaimed himself as a public limited company by the name of Infefresh Foods Limited. According to a CNBC-TV report, sources say that the company is planning to raise Rs 1700 crore by issuing new shares in its IPO. The IPO will also have an offer for sale (offs) from the existing shareholders. The total size of the public issue is estimated at around $ 400 million. The money received by issuing new shares will be used to repay the debt.
According to the report, sources say that in FY 2025, Captain Fresh earned a revenue of Rs 3200 crore, Ebitda of Rs 120 crore and a net of Rs 40 crore. More than 98 percent of Captain Fresh’s revenue now comes from foreign markets like America, Europe, Middle East and China.
So far raised more than $ 200 million
Captain Fresh has so far raised more than $ 20 million. There was a pre-IPO round in January 2025. It received $ 3 million from investors like Prose, Excel and Tiger Global. The pre-IPO round was also attended by domestic investors such as Swiggi co-founder Sriharsha Majeti, Sona Comment Chairman Sanjay Kapoor and India Equity Partners’ Sid Khanna.
Disclaimer: Here information provided is being given only for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.