# Zoff Foods Targets ₹1,000 Crore Valuation for Minority Stake

> Zoff Foods seeks minority stake from PEs and strategics at over ₹1,000 crore valuation.
- Title: Zoff Foods Targets ₹1,000 Crore Valuation for Minority Stake
- Summary: Zoff Foods seeks minority stake from PEs and strategics at over ₹1,000 crore valuation. Zoff Foods aims to raise growth capital through a minority stake sale…
- Keywords: zoff foods, pe firms, strategic investors, itc, emami, orkla india, minority stake, ₹1,000 crore valuation, spices, funding round, news, india
- Source: mint — https://livemint.com/companies/start-ups/zoff-foods-minority-stake-pe-firms-strategic-investors-spices-rs-1-000-crore-valuation-11792403130492.html
- Author: Priyamvada C
- Published: 2026-10-19T12:21:28+00:00
- Read time: 1 min
- Topics: zoff foods, pe firms, strategic investors, itc, emami, orkla india, minority stake, ₹1,000 crore valuation, spices, funding round, news, india
## Zoff Foods Minority Stake Sale
Zoff Foods, a Raipur-based spice company, is exploring a minority stake sale to private equity firms and strategic investors including ITC, Emami, and Orkla India.

> Zoff Foods is exploring a minority stake sale to raise growth capital in a deal that could value the spices and seasoning company at over ₹ 1,000 crore
## Early Stage Deal Discussions
The deal is in early stages with details on capital raise and valuation expected to evolve, and EY has been hired as financial adviser.
## Strategic Investors Target
Strategics are open to small stakes for fast-growing assets, with Zoff Foods expected to use capital for product expansion and geographical reach.
## Financial Projections
Zoff Foods is expected to clock ₹200-250 crore annual recurring revenue this fiscal year and turn Ebitda-positive by Q4.
## Existing Investor Options
Existing investor JM Financial could sell part of its 20% stake if valuation is attractive, potentially enabling a minority stake sale.
## Potential IPO Path
If the deal goes through, Zoff Foods will explore an initial public offering with further scale.
## Competitor Landscape
Zoff Foods competes with legacy giants, regional category leaders, and new-age D2C brands in India’s packaged spices market.
## Key takeaway

Zoff Foods aims to raise growth capital through a minority stake sale to private equity and strategic investors like ITC, valued at over ₹1,000 crore.