Hunger Pangs and Gamp Services filed their Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for their proposed initial public offerings (IPOs).

Hunger Pangs, which owns and operates the Burma Burma restaurant chain, plans to raise ₹150 crore through a fresh issue, alongside an offer for sale (OFS) of up to 2.79 crore equity shares by existing shareholders. Gamp Services’ proposed IPO comprises a fresh issue of up to 31.94 lakh equity shares and an offer for sale (OFS) of up to 15 lakh equity shares.

Hunger Pangs IPO - Issue Details

Issue Type: Book-built Issue (Fresh Issue + OFS)
Total Issue Size: To be announced
Fresh Issue: Up to ₹150.00 crore
Offer for Sale (OFS): Up to 2.79 crore equity shares
Face Value: ₹2 per equity share
Listing: BSE, NSE
Book Building Lead Managers: Pantomath Capital Advisors Private Limited
Registrar: MUFG Intime India Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of Hunger Pangs IPO Proceeds

The Company proposes to use the net proceeds from the fresh issue towards

Expenditure towards setting up new ‘Burma Burma’ restaurants by the company in India (“New Burma Burma Restaurants”)
General corporate purposes.

About Hunger Pangs Limited

Founded in 2013, Hunger Pangs Limited owns and operates Burma Burma Restaurant & Tea Room, India’s largest specialty Burmese casual dining restaurant chain. As of July 31, 2026, it operated 22 restaurants across nine Indian cities and one delivery kitchen in Mumbai.

The company follows a company-owned, company-operated model, with dine-in services contributing the majority of its revenue. It also offers delivery through platforms such as Zomato and Swiggy and sells packaged food products, teas, snacks and ice cream through its direct-to-consumer platform, Burma Burma Shop.

Key Financial Information

Particulars	For the three-month period ended June 30, 2026 (in ₹ Cr.)	FY26 (in ₹ Cr.)	FY25 (in ₹ Cr.)
Revenue from Operations	53.73	155.50	106.09
Profit After Tax (PAT)	1.09	(15.37)	(0.51)
EBITDA	11.43	25.68	21.35

Gamp Services IPO - Issue Details

Issue Type: Book-built Issue (Fresh Issue + OFS)
Total Issue Size: Up to 46.94 lakh equity shares
Fresh Issue: Up to 31.94 lakh equity shares
Offer for Sale (OFS): Up to 15.00 lakh equity shares
Face Value: ₹10 per equity share
Listing: BSE, NSE
Book Building Lead Managers: Valmiki Leela Capital Private Limited
Registrar: Bigshare Services Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of Gamp Services IPO Proceeds

The Company proposes to use the net proceeds from the fresh issue towards

Funding capital expenditure towards purchase of equipment and IT hardware for its Services and Data Logger Manufacturing verticals
Funding inorganic growth through unidentified acquisitions
General corporate purposes.

About Gamp Services Limited

Incorporated in 2020, Gamp Services Limited provides compliance and validation services to regulated industries, including pharmaceuticals, biotechnology, medical devices and high-tech manufacturing. Its services help manufacturers qualify and maintain facilities, equipment, utilities and computerised systems in line with regulatory and quality requirements. It also supplies specialised instrumentation and technology solutions sourced from global OEMs.

Its services include computer systems, PLC, SCADA, cleanroom, HVAC and thermal validation, helping manufacturers comply with applicable quality standards and regulatory frameworks.

Key Financial Information

Particulars	For the three-month period ended June 30, 2026 (in ₹ Cr.)	FY26 (in ₹ Cr.)	FY25 (in ₹ Cr.)
Revenue from Operations	19.46	45.81	35.69
Profit After Tax (PAT)	5.81	10.97	7.95
EBITDA	7.96	15.18	11.23