Burma Burma Parent Hunger Pangs Files DRHP for Rs 150 Cr IPO

17 Oct 2026, 11:30 am · 2h ago · 1 min read · EntrackrNew

Amount

Rs 150 Cr

Stage

IPO

Hunger Pangs Limited, operator of Burmese restaurant chain Burma Burma, has filed its draft red herring prospectus (DRHP) with SEBI for an initial public offering (IPO). The IPO features a fresh issue worth Rs 150 crore alongside an offer for sale of up to 2.79 crore equity shares by existing promoters and investors. Promoters Ankit Gupta and Chirag Chhajer will sell up to 60 lakh shares each, while investors Negen Tech Opportunities Angel Fund, Venture Catalysts, and L V Angel Fund are offloading stakes. Proceeds will fund new restaurant expansion across India and general corporate purposes.