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Travel Food Services plans $233.5 mn IPO
July 03, 2025
|Hindustan Times Patna
Airport restaurants operator Travel Food Services has set a price band of ₹1,045-₹1,100 for its initial public offering, a newspaper ad showed on Wednesday, following HDB Financial Services’ blockbuster initial public offering (IPO).
The price band values Travel Food Services, which plans to raise $233.49 million via a three-day share sale beginning July 7, at $1.69 billion at the upper end of the range.
The issue will consist solely of the company’s largest shareholder, Kapur Family Trust, divesting its shares. It was not immediately clear if the Trust would divest all its shares. Travel Food Services did not immediately respond to a Reuters request for comment.
هذه القصة من طبعة July 03, 2025 من Hindustan Times Patna.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times Patna
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