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…
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.
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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
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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
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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
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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.
Juniper Hotels Unveils INR 1,800 Crore IPO Opening February 21
Approximately 75% of the IPO is allocated for qualified institutional buyers, while 15% is designated for non-institutional investors, with the remaining 10% allotted to retail investors.
Samhi Hotels & Motisons Jewellers Receive SEBI Approval for IPO
Samhi Hotels and Motisons Jewellers, a retail jewelry company based in Jaipur, have received approval from the Securities and Exchange Board of India (SEBI) to raise capital through an initial public offering (IPO)
Park Hotels Owner Files Draft Papers with SEBI to Raise Rs 1,050 cr Via IPO
It also operate hotels like, The Park, The Park Collection, Zone by The Park, Zone Connect by The Park and Stop by Zone and has a strong hold in the retail food and beverage industry via its brand ‘Flurys’.
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Allied Blenders gets SEBI's nod for Rs 2000 crore IPO
The company plans to introduce products in the premium, semi-premium, and deluxe segments that will help improve its profitability.
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India's largest wine maker Sula's IPO oversubscribed on final day
On the stock exchanges, Sula will make its debut between December 20 and December 22.
Bikaji Foods IPO subscribed 26.67 times on Monday
The Initial Public Offering (IPO) is a pure Offer For Sale (OFS) of up to 2,93,73,984 equity shares.
  • By - Nusra
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Bikaji Foods IPO subscribed 1.48 times on Day 2
Since the IPO is completely an OFS, the company will not receive any proceeds from the issue.
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Bikaji Foods files IPO paper with SEBI; to raise Rs 1,000 crore
As per the company, it is the largest producer of Bikaneri bhujia with an annual production of 26,690 tonnes, and the second-largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in FY21.
  • By - Nusra
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Allied Blenders to raise $300 mn via IPO next year
Allied Blenders sells spirits ranging from whiskey and rum to brandy and vodka across 29 countries.
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Devyani International IPO subscribed 116.71 times on closing day
An associate of RJ Corp, the largest bottling partner of PepsiCo, it has interests in the Indian retail F&B sector.
  • By - Nusra
  • / 2 MIN READ