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Captain Fresh Picks Axis Capital, BofA As Bankers For IPO

  • Seafood chain Captain Fresh has chosen Axis Capital and Bank of America (BofA) as bankers for its upcoming IPO.
  • The company aims to raise $350-400 million in the IPO, with 50% of the funds coming from fresh issue of shares.
  • Captain Fresh is targeting a valuation of $1.3-1.5 billion for its public listing.
  • The company plans to finalize the IPO syndicate and start the formal work soon, with the filing expected in the first half of 2025.

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