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Largest Indian Domino's franchisee proposes IPO

January 17, 2010

Jubilant Foodworks, the company owning the Domino's brand of pizza stores in India, Nepal, Sri Lanka and Bangladesh, is contemplating its initial public offering, according to The Economic Times.
 
From the Times: 
(The company) proposes an initial public offer for sale of 1.9 crore shares and a smaller fresh issue of 40 lakh shares to raise Rs 305-328 ($6.68 - $7.2) crore.
The company is one of the largest and fastest-growing in South Asia.

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