Pushp Brand India files DRHP for IPO; A91, Sixth Sense to part-exit via 74.45 lakh share OFS
Indore-based spice and packaged food maker, holding 20.7% MP spice share and 58% of the packaged hing market, has filed with SEBI for a pure OFS of 74.45 lakh shares. FY26 revenue stood at Rs 481.94 cr with Rs 58.95 cr profit. Pushp Kadak Chai launch slated for Q2FY27.
What happened
Pushp Brand (India) · Indore-based spice and packaged food maker Pushp Brand India filed DRHP with SEBI for an OFS of 74.45 lakh shares. Promoters and PE
Key facts
- 74.45 lakh shares OFS
- 20.7% MP spice market share
- 58% packaged hing share
- 312 SKUs
- 24 states
- 1,016 distributors
- 3.68 lakh retail touchpoints
- 60,000 MT capacity
- Rs 481.94 cr FY26 revenue
- Rs 58.95 cr profit
- Rs 84.19 cr EBITDA
Why this matters
Pushp's regional dominance (20.7% MP spice share) plus the Q2FY27 Kadak Chai extension makes it a strategic bolt-on target for national FMCG players seeking spice-and-beverage adjacencies in central India.