-KH News Desk (editorial1@imaws.org)
HyFun Foods, a prominent manufacturer and exporter of frozen food products, has announced ambitious financial targets and corporate milestones, including plans to launch an Initial Public Offering (IPO) by the year 2028. The company is setting its immediate sights on robust revenue growth, aiming to achieve a turnover of ₹1,500 crore (15 billion rupees) in the fiscal year 2026 (FY26).
Based in the state of Gujarat, HyFun Foods specializes in a wide range of frozen processed foods, with its core products including potato specialties like French fries and various snacks. The company has aggressively expanded its market footprint, catering significantly to both domestic and international customers, including major Quick Service Restaurants (QSRs) and food service sectors.
The decision to pursue an IPO by 2028 signals HyFun Foods’ long-term strategy for scaling operations, increasing production capacity, and further cementing its position in the rapidly expanding froz en food market, both in India and globally. The fresh capital raised through the public listing would be crucial for funding future expansion and potentially entering new product segments.
The management team highlighted that achieving the ambitious ₹1,500 crore revenue target for FY26 will be driven by maximizing output from their existing manufacturing facilities and capitalizing on the growing consumer demand for convenient, high-quality frozen food options in the Indian market.
