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Issue Date:Jan 15 2018 12:00AM     Price in Rs. R 6500    Price in USD. $ 100
    

Mumbai registered Pan India Food Solutions Pvt Ltd is a restaurant platform owned by a PE fund Everstone.

 

The private limited company was incorporated in 2006 Mr. Kishore Biyani and Mr. Sunil Kapur, for undertaking the business of restaurants / food courts / cafes & other drinking & eating activity. In 2008, the compay raised investment from a PE fund Everstone and acquired restaurants from Blue Foods Private Limited. Everstone has publicly stated that it wants to exit or get a strategic, but hasn’t tasted much success.

 

Its brand are Spaghetti Kitchen (Italian cuisine), Copper Chimney (North

- West frontier cuisine), Noodle Bar (South -East Asian cuisine), Bombay Blue (Multi Cuisine All Day Dining), Gelato Italiano (frozen desserts), The Coffee Bean & Tea Leaf (Coffee Shop), Harry’s (Pub & Bar) and Spoon / Food Talk (Food Courts).

 

The company has over 100 outlets, though at its peak it had close to 150 outlets. In recent years, it has consolidated to cut losses.

 

It has 8 directors: Sunil J Kapur, Jaspal Singh Sabharwal, Pramod Arora, Reena Chhabra, Nicholas Cator, Gaurav Sachdeva, Arun Gupta, Dhanpal Jhaveri.

 

For the year ended Mar’16, the company reported standalone revenue of INR 1.33B (~USD 21m) and reported a loss.

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details
  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
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