Travel Food Services, an airport dining provider, files for a Rs 2,000 crore IPO in India.

Travel Food Services, an airport food and beverage provider in India and Malaysia, has filed for a Rs 2,000 crore IPO with SEBI. The offer-for-sale IPO by the Kapur Family Trust will not raise funds for the company but will list its shares on the National Stock Exchange and BSE. The company operates over 397 outlets including lounges and partners with brands like KFC, Pizza Hut, and regional names. Revenue increased by 31% in fiscal 2024 compared to the previous year.

3 months ago
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