Airport lounge player Travel Food Services gets Sebi nod for Rs 2,000 crore IPO

Travel Food Services, a major player in India’s airport food and lounge sector, has received SEBI’s approval for a Rs 2,000 crore IPO. The offering, entirely an offer for sale by the Kapur Family Trust, aims to capitalise on India’s growing air traffic. TFS operates across major Indian airports and Malaysia, showcasing strong revenue and profit growth in FY24.

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