TFS Gears Up for IPO

Travel Food Services Ltd (TFS), a leading name in India’s airport travel dining scene, is taking its next big leap by filing for an IPO worth up to Rs 2,000 crore. Heavyweights like Kotak Mahindra Capital and HSBC Securities are among the lead managers steering this move. As TFS prepares for its IPO, it looks set to solidify its leadership in travel-centric dining and luxury experiences. Numbers tell their own story: TFS saw its revenue soar to Rs 1,396.32 crore in fiscal 2024, marking impressive growth from the previous year’s Rs 1,067.15 crore. Net profits followed suit, climbing to Rs 298.02 crore.

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