Travel Food Services Ltd. IPO

We operate a travel quick service restaurant (“Travel QSR”) and a lounge (“Lounge”) business across airports in India, Malaysia and Hong Kong. We also have Travel QSR outlets at select highway sites in India. Our Travel QSR business comprises a range of curated F&B ... concepts tailored for customers' demands for speed and convenience within travel environments. As of March 31, 2025, our F&B brand portfolio includes 127 partner and in-house brands. We have partnered with various Lounge Partners to provide their customers with Lounge access. Read more

According to the CRISIL Report, on the demand side, India is expected to maintain a healthy growth momentum in domestic and international air passengers, with domestic air passenger traffic expected to achieve a CAGR of 8% to 9% and international air passenger traffic a CAGR of 6% to 8% from ... Fiscal 2025 to 2034. The Travel QSR and Lounge sectors at Indian airports are set to benefit from increased dwell time, the rise of low-cost carriers, and expanded credit card and loyalty programmes. The Indian airport Travel QSR sector is anticipated to grow at a CAGR of 17% to 19%, while the Indian Lounge industry is expected to grow at a CAGR of 22% to 24% from Fiscal 2025 to 2034. Read more