Speciality Restaurants Pvt Ltd (SRPL), the owner of Mainland China and Oh! Calcutta is going public. The company, promoted by Bengali entrepreneur and master chef Anjan Chatterjee and wife Suchhanda, is likely to raise Rs 200-220 crore through the IPO, valuing SRPL at Rs 800-900 crore. SRPL plans to use the funds to build 48 new restaurants in the next two years and construct a world-class food plaza in Rajarhat, Kolkata. This is indeed a breaking news for the signage companies in the eastern Indian city for a new business opportunity in the in-store segment.
