Travel Food Services, an Indian airport restaurant and lounge operator, has raised $234 million in India's ninth-largest IPO this year, largely backed by institutional investors.

It was subscribed 1.89 times, driven by institutional bids that were 5.23 times the shares reserved for them. Meanwhile, ...

Ahead of the IPO, Travel Food Services on Friday, 4 July 2025, raised Rs 598.79 crore from anchor investors. The board allotted 54.43 lakh shares at Rs 1,100 each to 33 anchor investors. The firm ...

Travel Food Services, saw strong institutional bids while retail investors stayed cautious amid trade uncertainties, ...

The listing also launches the company's A+H dual-listed strategy, reinforcing its international growth ambitions.

India is now at the fifth position, with a 4% share in global market cap, according to a report by Motilal Oswal Financial ...