Spice Lounge Food Works Ltd Announces it has secured exclusive Master Franchise Rights for Wing Zone
News by Aliceblue News Desk
04 Dec 2025
Introduction
Leading multi-format food service company secured exclusive Master Franchise rights for Wing Zone and plans to launch the first outlet in Koramangala, Bangalore, in January 2026 with further expansion.
Share price movement of Spice Lounge Food Works
On December 4, 2025, Spice Lounge Food Works Ltd opened at ₹52.80, up 4.61% from its previous close of ₹50.47. The stock reached a high of ₹52.99 (4.99%) and a low of ₹52.35 (3.76%). By 11:49 AM, it traded at ₹52.99, a 4.99% increase, with a market cap of ₹3,694.05 crore.
Spice Lounge Acquires Wing Zone Franchise
Spice Lounge Food Works Limited secured exclusive Master Franchise rights for Wing Zone, a global QSR brand known for chicken-based offerings and signature sauces. The company will lead its India expansion.
The first Wing Zone outlet will open in Koramangala, Bangalore, in January 2026. The location offers high footfall, a young consumer base, and a strong QSR ecosystem for the brand’s debut.
Following the Koramangala launch, Spice Lounge Food Works Limited plans additional outlets in Bangalore, Hyderabad, and Chennai, with further expansion in other major cities as part of a structured multi-phase rollout strategy.
Stock performance of Spice Lounge Food Works for Period of 1 week, 6 months, and 1 year
Spice Lounge Food Works Ltd delivered a 9.96% decline over the past week. The stock gained 118% over the past six months and rose 895% over the past year.
Shareholding pattern of Spice Lounge Food Works
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 0.00% | 0.00% | 2.70% |
| FII | 0.00% | 0.00% | 0.00% |
| DII | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 97.30% |
About Spice Lounge Food Works
Spice Lounge Food Works Limited (BSE: 539895) is a food service company operating 13+ outlets across two states, offering casual, quick-service, and fast-casual dining with global and homegrown brands.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Spice Lounge Food Works Ltd share price going up today?
A: Spice Lounge Food Works Ltd share price rose after securing exclusive Master Franchise rights for Wing Zone to expand the brand in India.
Q: What does Spice Lounge Food Works Ltd specialize in?
A: Spice Lounge Food Works Ltd specializes in operating casual, quick-service, and fast-casual dining outlets under global and homegrown food brands.
Q: What is the market capitalization of Spice Lounge Food Works Ltd?
A: Spice Lounge Food Works Ltd has a market capitalization of approximately Rs 3,694 crore as of December 4, 2025.
News Author
Aliceblue News Desk
