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07 Jul 2025
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Travel Food Services
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Deven Choksey
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1347.00
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IPO Subscribe
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We expect the Company to continue expanding its presence over the country and overseas both into QSR outlets and lounges. We assign a “SUBSCRIBE” rating to the issue and advice the investors to remain invested for the long-term.
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04 Jul 2025
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Travel Food Services
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Ventura
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1347.00
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IPO Subscribe
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03 Jul 2025
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Travel Food Services
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SBI Securities
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1347.00
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IPO Subscribe
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Travel Food Services Ltd (TFS) is a leading player in the Indian Airport Travel QSR and Lounge industry. As of FY25, the company accounted for ~26%/45% market share in the Indian Airport Travel QSR and the Indian Airport Lounge sectors respectively in terms of revenue. The company's Travel QSRs are predominantly situated within airports while, the Lounge business comprises of designated areas within airport terminals. As of Mar'25, TFS operated 442 Travel QSRs across India & Malaysia and 37...
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