Burma Burma Parent Hunger Pangs IPO 2026: DRHP Filed

Burma Burma Parent Hunger Pangs IPO 2026 plans took a big step forward after the Hunger Pangs DRHP Filing with SEBI. Hunger Pangs Limited operates Burma Burma Restaurant and Tea Room. The proposed issue includes a fresh issue of up to ₹150 crore. It also includes an offer for sale of up to 2.79 crore shares by existing shareholders.

Burma Burma Parent Hunger Pangs IPO 2026 Fresh Issue Plans

The company will use net proceeds from the fresh issue to open new Burma Burma restaurants across India. Some funds will go toward general corporate purposes. The offer for sale lets promoters, investor funds and other shareholders sell part of their holdings. Final issue size and pricing will be decided later in the offer process. Panthomath Capital Advisors Private Limited is the sole book running lead manager.

The filing comes as the premium casual dining operator grows its network. Hunger Pangs works in the premium Pan Asian dining space. Burma Burma focuses on Burmese cuisine. Its format blends food with cultural storytelling and experiential dining.

Hunger Pangs Revenue FY26 Shows Strong Growth

Revenue from operations rose 46.56% to ₹155.50 crore in FY26. It stood at ₹106.10 crore in FY25. EBITDA climbed to ₹25.68 crore from ₹21.35 crore. The EBITDA margin was 16.51% in FY26.

As of July 31, 2026, the company ran 22 restaurants, one delivery kitchen and three warehouses. These operations span nine Indian cities. Locations include premium malls, high streets and corporate parks. The average bill value was ₹2,400 in FY26. The company uses standardised recipes, centralised procurement and structured staff training. These steps keep quality consistent across outlets.

Hunger Pangs Offer for Sale Details

The offer for sale covers up to 2,79,29,760 equity shares with a face value of ₹2. Promoters Ankit Virendra Gupta and Chirag Narendra Chhajer may each sell up to 60 lakh shares. Promoter group entity Bbigplas Poly Private Limited may sell up to 42 lakh shares. Negen Tech Opportunities Angel Fund may sell up to 64,68,315 shares. Venture Catalysts Angel Growth Fund may sell up to 27,72,000 shares. L V Angel Fund may sell up to 5,25,315 shares. Other sellers include Nisarg Ajaykumar Vakharia, Shweta Sharma and Mehul Kirit Mehta.

Burma Burma Delivery Business and Market Outlook

Delivery contributed 10.76% of revenue in FY26. The company runs the Burma Burma Shop platform. It plans to grow delivery and direct to consumer offerings, including ready to eat products.

Industry data adds useful context. The F&S Report cited in the DRHP values India's full service dining market at about ₹1.52 lakh crore in FY26. It could reach ₹2.18 lakh crore by FY30. That implies growth of around 9.4% a year. Casual dining made up over 95% of the market. The report names Hunger Pangs India's largest specialty Burmese casual dining chain.

Hunger Pangs also plans to explore new brands and cuisines. It will keep working on menu innovation and customer engagement. Site selection will weigh catchment quality, premium consumption potential, accessibility and brand fit.

Readers can explore more restaurant news on our site. For menus and locations, visit the official Burma Burma website.