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Kapur Family Trust to sell ₹2,000 crore stake via Travel Food IPO
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Kapur Family Trust to sell ₹2,000 crore stake via Travel Food IPO
Kapur Family Trust, a part of K Hospitality Corp and one of the promoters of Travel Food Services—the operator of airport travel QSRs (quick service restaurants) and lounges network in India—will partially sell its stake in the company, aggregating up to Rs 2,000 crore through the initial public offering (IPO). The IPO is a complete offer-for-sale issue. The price band is set in the range of Rs 1,045 to Rs 1,100 per equity share with a face valu…
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