Thursday, July 3, 2025

This feels like the start of something unforgettable." Says Alia Bhatt while praising the first glimpse of Namit Malhotra's Ramayana starring Ranbir Kapoor, Sai Pallavi and Yash!


Finally, the first glimpse of Namit Malhotra's Ramayana, starring Ranbir Kapoor, Sai Pallavi, and Yash, has been released, leaving the masses stunned. Set 5,000 years ago and revered by 2.5 billion people around the world, this epic is a two-part live-action cinematic universe, reimagined on the scale of the biggest tentpoles produced to date. The film unites some of the most celebrated talent from Hollywood and India in a partnership never seen before. Being the biggest film ever made, it has been garnering tremendous love from all around.


Joining the wave of appreciation, actress Alia Bhatt has also expressed her excitement to witness something truly unforgettable with this film.


Taking to her social media, Alia Bhatt shared the first glimpse of Ramayana and wrote in the caption –


"Some things don't need words.

This feels like the start of something unforgettable.

Diwali 2026 - we're waiting

@worldoframayana #Ramayana @iamnamitmalhotra @niteshtiwari22 @thenameisyash #RanbirKapoor @saipallavi.senthamarai @iamsunnydeol @ravidubey2312 @hanszimmer @arrahman"


https://www.instagram.com/reel/DLo84olzrT3/?igsh=MWl4ZGFhZ3E3amo4NQ==


Directed by Nitesh Tiwari, Produced by Namit Malhotra’s Prime Focus Studios and 8-time Oscar winning VFX studio DNEG in association with Yash’s Monster Mind Creations;  Ramayana is being filmed for IMAX and will release worldwide : Part 1 in Diwali 2026 and Part 2 in Diwali 2027.

"For me, it’s about the pride we should feel for the great culture we have in our country." Says director Nitesh Tiwari speaking about Namit Malhotra's Ramayana starring Ranbir Kapoor, Sai Pallavi and Yash!*


*"It has been a very, very long dream!" Says producer Namit Malhotra while speaking about Ramayana starring Ranbir Kapoor, Sai Pallavi and Yash!*


The wait is finally over. The first glimpse of Namit Malhotra's Ramayana, starring Ranbir Kapoor, Sai Pallavi, and Yash is out and has taken the internet by storm. Set 5,000 years ago and revered by 2.5 billion people globally, this grand epic unfolds as a two-part live-action cinematic universe, crafted on a scale matching the biggest global tentpoles.


Bringing together iconic talent from both Hollywood and India, Ramayana promises to be a cinematic spectacle like never before. Hailed as the biggest film ever made, it has already begun receiving overwhelming love and admiration from audiences across the world. 


While the first glimpse was launched in front of a packed IMAX auditorium filled with media professionals and fans alike, director Nitesh Tiwari and Namit Malhotra who were present at the launch was seen opening about the film. 


When an audience asked director Nitesh Tiwari what he hoped to achieve by bringing this epic to the big screen, he said: “For me, it’s about the pride we should feel for the great culture we have in our country. If we can evoke that and show the world what we stand for, that would be an achievement—and that’s what I’m hoping to do with this.”


Namit Malhotra, the producer of Ramayana and founder of Prime Focus Limited, whose subsidiary DNEG specializes in visual effects, animation, and stereo conversion, expressed his disbelief that the film’s first visual asset was finally out for the audience to experience. He said, “It has been a very, very long dream, to put our hearts and souls into this and do justice to it. My only aspiration is: how do we take our greatest culture, our greatest history, and share it with the world?”. He also added that his company is leaving no stone unturned in its effort to deliver the most spectacular cinematic experience possible.


Directed by Nitesh Tiwari, Produced by Namit Malhotra’s Prime Focus Studios and 8-time Oscar winning VFX studio DNEG in association with Yash’s Monster Mind Creations;  Ramayana is being filmed for IMAX and will release worldwide : Part 1 in Diwali 2026 and Part 2 in Diwali 2027.

Wednesday, July 2, 2025

Travel Food Services Limited’s Initial Public Offering to open on Monday, July 7, 2025, price band set at ₹1,045/- to ₹1,100/- per Equity Share

(L-R) Vikas Vinod Kapoor, Whole Time Director & Chief Financial Officer, Mr. Varun Kapur, Managing Director and Chief Executive Officer, Gaurav Dewan, Chief Operating Officer Travel Food Services Limited and Sarah John, Corporate Affairs Director of SSP, addressing the Media at their IPO Press Conference held in Mumbai today.

 

Mumbai, July 2, 2025: Travel Food Services Limited has fixed the price band of ₹1,045/- to ₹1,100/- per Equity Share of face value ₹1/- each for its maiden initial public offer.


The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, July 7, 2025, for subscription and close on Wednesday, July 9, 2025. Investors can bid for a minimum of 13 Equity Shares and in multiples of 13 Equity Shares thereafter.


The IPO is entirely an offer for sale up to equity shares aggregating to Rs 2,000 crore by Kapur Family Trust. A discount of ₹104 per equity share is being offered to eligible employees bidding in the employee reservation portion.  


Travel Food Services Limited is engaged in the fast-growing Indian airport travel quick service restaurant (“Travel QSR”) and lounge (“Lounge”) sectors. It operates a travel quick service restaurant (“Travel QSR”) and a lounge (“Lounge”) business across airports in India, Malaysia and Hong Kong. It also has Travel QSRs on nine highways in India. Its Travel QSR business comprises a range of F&B concepts tailored to customers' demands for speed and convenience within travel environments. As of March 31, 2025, its F&B brand portfolio includes 127 partner and in-house brands.


The company has a market share based on revenue (including Associates and Joint Ventures) of approximately 26% in the Indian airport travel QSR sector and approximately 45% in the Indian airport Lounge sector in Fiscal 2025, according to the CRISIL Report. Its Lounge business comprises designated areas within airport terminals, accessible primarily by first and business-class passengers, members of airline loyalty programs, select credit card and debit card holders, and members of other loyalty programs.


TFS has a presence in 14 airports in India, three airports in Malaysia, and one airport in Hong Kong as of March 31, 2025. Out of the 14 airports in India, 13 of them were among the 15 largest airports in the country including Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, and Chennai.


Travel Food Services’ revenue from operations increased by 20.87% to ₹1,687.74 crore in Fiscal 2025 from ₹1,396.32 crore in Fiscal 2024, attributable to an increase in LFL Sales Growth and Net Contract Gains. Profit for the year increased by 27.35% to ₹379.66 crore in Fiscal 2025 from ₹298.12 crore in Fiscal 2024.

Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, and Batlivala & Karani Securities India Private Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the issue.
The Offer is being made through the book-building process, wherein not more than 50% of the net offer shall be available for allocation on a proportionate basis to qualified institutional buyers, not less than 15% and 35% of the offer shall be available for allocation to non-institutional investors, and retail individual bidders respectively.

 

Notes for Reference:

Issue Size of the IPO based on the upper and lower end of the price band

 

Offer for Sale 

Lower Band (@ Rs 1,045)

Rs 2,000 crore

Upper Band (@ Rs 1,100)

Rs 2,000 crore