Travel Food Services ₹2,000 crore IPO opens; GMP remains tepid — should you apply?



The ₹2,000-crore initial public offering (IPO) of Travel Food Services, India’s largest airport-focused QSR and lounge operator, opened for subscription on Monday and will close on July 9. The offer is a pure offer-for-sale (OFS) by existing shareholders — SSP Asia Pacific Holdings and the Kapur Family Trust — with no fresh equity issuance.

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