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
  • / 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
  • / 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.
Devyani International collects Rs 825 cr from anchor investors, IPO fully subscribed within 3 hrs
By 1 pm, the issue received bids for 11,50,95,915 shares against the issue size of 11,25,69,719 shares.
  • By - Nusra
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Pizza Hut, KFC franchisor Devyani International sets price band at Rs 86-90 per equity share
The brand focused on digital adoption and revenue and sales from delivery grew from 51.15 per cent to 70.20 per cent this year.
  • By - Nusra
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Devyani International to launch IPO on Aug 4
The promoter and existing shareholders participating in the IPO include Dunearn Investment (Mauritius) and RJ Corp.
  • By - Nusra
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Zomato IPO subscribed 1.32 times on day 2, sees huge participation from young & first time investors
According to the statement, 27% of people who completed the Zomato IPO application on Paytm Money's platform were less than 25 years old while 60% were less than 30 years old.
  • By - Nusra
  • / 3 MIN READ
Food-tech platform Zomato raises Rs 4,197 crore from anchor investors ahead of IPO
Out of the total allocation, 18.41 crore shares were allotted to 19 domestic mutual funds such as SBI, Axis, Aditya Birla, Kotak, Mirea to name a few.
  • By - Nusra
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Krispy Kreme to raise $640 million through IPO, eyes $4 bn valuation
Known for its glazed donuts and coffee, it aims to sell about 26.7 million shares priced between $21 and $24 per share, the filing shared.
  • By - Nusra
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Bengaluru-based Barbeque Nation to hit IPO grill next week
The total operating revenue of the company in FY20 was Rs 850.8 crore and the CAGR from FY17 to FY20 was at 19.5 per cent.
  • By - Nusra
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Mrs Bectors' IPO subscribed 199 times, becomes highest ever in last three years
The price band for selling shares has been fixed at ₹286-288 apiece.
  • By - Nusra
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Barbeque Nation refiles IPO papers with SEBI
The IPO will comprise a fresh issue of shares worth Rs 275 crore and an offer-for-sale of up to 98,22,947 equity shares.
Burger King India gets SEBI's green signal to float IPO
Burger King’s total IPO size is estimated at Rs 1,000 crore.