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LatestLY - Business - News Image
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23
BusinessJul 04, 2025 09:35 PM

Latest News | Ahead of IPO, Travel Food Services Garners Almost Rs 600 Cr from Anchor Investors | La...

New Delhi, Jul 4 (PTI) Travel Food Services, operating a travel quick-service restaurant and a lounge business across airports in India and Malaysia, on Friday said it has raised nearly Rs 600 crore from anchor investors, days before its IPO opening for public subscription. Among the anchor investors are ICICI Prudential Mutual Fund (MF), Axis MF, Kotak MF, Baroda BNP Paribas MF, Abu Dhabi Investment Authority, Fidelity and Government Pension Fund Global, according to a circular uploaded on BSE ...Read More >

Reuters - Business - News Image
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5
BusinessJul 02, 2025 04:08 PM

India's Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation

July 2 (Reuters) - Airport restaurants operator Travel Food Services has set a price band of 1,045 rupees-1,100 rupees for its initial public offering, a newspaper ad showed on Wednesday, following HDB Financial Services' blockbuster IPO. The price band values Travel Food Services, which plans to raise 20 billion rupees ($233.49 million) via a three-day share sale beginning July 7, at 144.8 billion rupees ($1.69 billion) at the upper end of the range. The issue will consist solely of the compa ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.