United Foodbrands Limited
Old Bridge Mutual Fund increased its stake in United Foodbrands Limited from 3.45% to 3.53% by purchasing 33,000 shares. The stake is worth ₹9.64 Cr at ₹701.90 apiece.
A casual dining restaurant chain operating across India, United Foodbrands specializes in grilled meat and seafood offerings through its Barbeque Nation brand. The company manages both company-owned and franchise outlets, focusing on the interactive dining experience of tabletop grilling where customers cook at their tables. Incorporated in 2006, it operates as a vertically integrated hospitality business with a presence across multiple Indian cities and towns.
Founded by Kenneth Andrade, former CIO of IDFC Mutual Fund and one of India's best-known bottom-up stock pickers. Manages over Rs 10,000 crore with a concentrated focus on emerging business leaders in underinvested sectors. Old Bridge follows a forensic accounting and capital efficiency framework to find businesses with durable competitive advantages before they get discovered by consensus.