New Delhi, Sept. 29 -- EverBrands India Limited, formerly known as Culinary Brands Private Limited, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). Mint first broke the story on the proposed IPO in March.

The company operates as a multi-brand food and beverages (F&B) platform comprising globally recognised and legacy brands, including Subway, Lavazza, Dilmah and its own brand, Fresh & Honest. Its business is organised across two key verticals.

The IPO comprises a fresh issue of shares aggregating up to Rs.600 crore. The company plans to use the proceeds to invest in its wholly owned subsidiary, Culinary Brands India Private ...