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The initial public offer of Travel Food Services received bids for 3,86,35,766 shares as against 1,34,12,842 shares on offer. The issue was subscribed 2.88 times.
Travel Food Services is a dominant player in the airport QSR and lounge space in India. As of FY25, it held a 26% market share in airport travel QSRs and 45% in airport lounges (by revenue).
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According to market observers, Travel Food Services shares are available at a premium of ₹80 in the grey market today ...
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The Initial Public Offering (IPO) of Mumbai-based Travel Food Services closed on Wednesday, July 9, after witnessing decent investor interest on all 3 days. The IPO received an overall subscription of ...
Hong Kong's capital market is experiencing a surge in IPOs, driven by renewed investor enthusiasm for Chinese mainland tech ...