Restaurant India News: Pride Hotels Gears Up for IPO with Fresh Issue and Offer for Sale of Over 39 Million Shares
The company may also consider a Pre-IPO Placement of up to Rs 520 million (Rs 52 crore) in consultation with the Book Running Lead Managers prior to…
Restaurant India News: Curefoods Raises Rs 160 Cr in Pre-IPO Placement from Binny Bansal’s 3State Ventures
The Bengaluru-based cloud kitchen operator had filed its draft red herring prospectus (DRHP) in June, seeking to raise ₹800 crore through a fresh…
Restaurant India News: Suba Hotels to Launch INR 75.47 Crore IPO on September 29
With 88 operational hotels (4,096 keys) across more than 50 cities, Suba Hotels has established a strong mid-market presence, particularly in Tier 2…
Restaurant India News: Monika Alcobev IPO Oversubscribed 4.1x, Hospitality Industry Watches Closely
The company currently operates across 24 states and is present in over 170 cities. While Monika Alcobev has established a solid base in major metro…
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Restaurant India News: K Hospitality Corp Announces the Listing of its Joint Venture Travel Food Services (TFS) on the BSE and NSE Today
TFS shares were priced at the upper end of the band at ₹1,100, valuing the company at ₹14,485 crore.
Restaurant India News: Travel Food Services Closes IPO at 2.88 Times Subscription, Strong QIB Interest
The offering, entirely an offer for sale (OFS), aims to raise Rs 2,000 crore. Since it is fully an OFS by the promoter Kapur Family Trust, the…
Restaurant India News: Rebel Foods Shuts Offices, Weighs Exit from Smoor Amid Restructuring
This development comes as Rebel Foods undertakes operational restructuring, including the closure of its offices in Gurugram and Bengaluru.
Restaurant India News: Travel Food Services Gets Rs 600 Cr from Anchor Investors Before IPO Launch
The IPO is structured with up to 50 percent of the offer reserved for qualified institutional buyers (QIBs), at least 35 percent for retail investors…
TFS IPO to open on July 7, Price Band Set at Rs 1,045-1,100 per Share
The IPO is an entirely offer-for-sale (OFS) by the promoter, Kapur Family Trust, with no fresh issue component.
  • By - Nusra
  • Jul 03, 2025 / 2 MIN READ
Foodlink F&B Files DRHP with SEBI for Rs 160 Cr IPO
The public issue includes a fresh issue of equity shares worth up to Rs 160 crore, alongside an Offer For Sale (OFS) of up to 11,953,535 equity…
Travel Food Services gets SEBI nod for Rs 2,000 crore IPO
The IPO with a face value of Re 1 is entirely an offer for sale of up to Rs 2,000 crore by Kapur Family Trust. The offer includes reservations for…
  • By - Nusra
  • Apr 29, 2025 / 4 MIN READ
Travel Food Services Files DRHP with SEBI for Rs 2,000 crore IPO
The IPO with a face value of Re 1 is entirely an offer for sale of up to Rs 2,000 crore by Kapur Family Trust. The offer includes reservations for…
  • By - Nusra
  • Dec 11, 2024 / 7 MIN READ
Zomato Gains Momentum with Sensex Inclusion and Fundraising Approval
Viral Bhatt, Founder of Money Mantra, also acknowledged Zomato's strong brand position and diversified business model as key factors offering…
Swiggy’s IPO Gains 12 Pc Subscription on First Day Amid Moderate Institutional Interest
High net worth individuals (HNIs) subscribed to 6 percent of their designated portion, retail investors contributed 54 percent, and employees…
Swiggy's IPO Set to Launch, Expected to Raise Rs 11,327.4 Cr
The fresh issue size for Swiggy’s IPO has been revised to Rs 4,499 crore, an increase from the previously proposed Rs 3,750 crore, yet still within…
Swiggy Adjusts IPO Valuation Amid Market Volatility
This adjustment comes as market volatility and the underwhelming debut of Hyundai India affect investor sentiment, according to two sources.
India Sweet House Secures Strategic Investment, Lays the Foundation for an IPO
The company is currently getting ready to submit its Draft Red Herring Prospectus (DRHP) to the stock exchange.
Swiggy files for IPO: 5 Things you Need to Know
According to the DRHP the proceeds of the IPO will be used for investment in its subsidiary Scootsy, for expansion of its dark store network for its…
  • By - Nusra
  • Sep 27, 2024 / 3 MIN READ
Swiggy's IPO Gets Green Light From SEBI; Likely To Launch in November
Swiggy plans to raise Rs 11,000 crore through a new offering valued at Rs 5,000 crore.
Swiggy Plans IPO to Raise Over $1 Bn Amid Growing Share Sale Activity
The Bengaluru-based company aims to raise over $1 billion through the IPO, pending approval from India’s Securities and Exchange Board of India (SEBI…
Swiggy Aims to Raise Rs 5,000 Cr Through Fresh Issue Ahead of IPO
The decision to increase the fundraising target will be discussed at an extraordinary general meeting (EGM) scheduled for October 3, according to a…
Swiggy Demonstrates Strong Financial Performance Ahead of IPO
In comparison, Zomato’s overall revenue for FY24 surged by 71 percent to Rs 12,114 crore. Of this, Rs 6,161 crore came from its food delivery…
Swiggy Eyes $15 Bn Valuation in Anticipated IPO
The company aims to raise between $1 billion and $1.2 billion through this offering, making it one of the most substantial IPOs in India this year.
Allied Blenders and Distillers Receive SEBI Nod for Rs 1500 cr IPO
This significant step marks a pivotal moment for the company as it continues to expand its presence in the retail and hospitality sectors across…