India, July 15 -- TFS which operates in a joint venture with SSP Group, is the leading player in the fast-growing Indian airport travel quick service restaurant (Travel QSR) and lounge (Lounge) sectors
K Hospitality Corp, one of India's leading diversified food service companies, marks a milestone as its joint venture withSSP Group, Travel Food Services (TFS),is officially listed on the BSE and the NSE.
TFS shares were priced at the upper end of the price band at Rs 1,100, which would imply a valuation of Rs 14,485 crore for the company. The initial public offering consisted of an offer for sale (OFS) of shares valued atRs 2,000 crore by the Kapur Family Trust (K Hospitality) and had the backing of large global and Indian investors such...
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