<ul data-eligibleForWebStory="false"><li>The ₹2,000-crore IPO of Travel Food Services was oversubscribed with bids for 3.86 crore shares against 1.34 crore shares on offer.</li><li>The IPO, priced at ₹1,045-1,100, was entirely an offer for sale by the Kapur Family Trust.</li><li>Institutions heavily subscribed to the IPO, with qualified institutional buyers portion oversubscribed 7.70 times.</li><li>The company raised ₹598.80 crore from anchor investors and allocated shares at ₹1,100 each to prominent institutions. Travel Food Services operates in airport travel, quick-service restaurants, and lounge sectors.</li></ul>

Travel Food Services IPO sails through thanks to institutions

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