5/7/2025, 11:50:02 am

Travel Food Services IPO raises ₹599 cr from 33 anchor investors

Travel Food Services Limited has raised Rs 599 crore from anchor investors ahead of its IPO, which opens on July 7, 2025. The company allocated 54.43 million shares at Rs 1,100 each to marquee investors like ICICI Prudential Mutual Fund and Axis Mutual Fund. The IPO, priced at Rs 1,045–1,100 per share, aims to raise Rs 2,000 crore through an offer for sale by Kapur Family Trust.