Subway

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EverBrands India Files IPO Papers With Sebi to Raise Rs 600 Crore for Debt Reduction and Subway Expansion

EverBrands India, the operator of Subway restaurants in India, has filed draft papers with the Securities and Exchange Board of India for an initial public offering aimed at raising Rs 600 crore. The proposed issue is expected to be used primarily for debt repayment and to fund the company’s next phase of store expansion in a fast-growing food services market.

By RDU Global Wire5 min read

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Co-Occurring Entities

Entities frequently referenced alongside Subway:

Securities and Exchange Board of India(1)New Delhi(1)India(1)EverBrands India(1)