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Zorawar Kalra-led Massive Restaurants eyes listing, timing not yet decided

Massive has brands like Made in Punjab, Farzi Cafe, Pa Pa Ya, Masala Bar, and BO-TAI; has lined up expansion on brick-and-mortar side of the business, as well as the delivery vertical

Zorawar Kalra-led Massive Restaurants eyes listing, timing not yet decided
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Kalra is the single largest shareholder and other financial investors are Gaja Capital and Everstone Capital; Gaja Capital invested Rs 160 crore in 2017.

Ishita Ayan Dutt Kolkata
Enthused by the success of Barbeque-Nation initial public offering (IPO) earlier this year, Zorawar Kalra, the founder and managing director of premium dining firm, Massive Restaurants, is keen on taking the company public in the long run.

“It’s definitely on the cards. It’s something we are not only aiming for, but are planning for, in the future,” said Kalra.

The timeframe is yet to be decided, though. Kalra said that it would happen once the company reached a critical threshold of top line and bottom line.

Kalra is the original promoter and other financial investors are Gaja Capital and Everstone