Travel Food Services IPO is a bookbuilding. The issue is entirely an offer for sale.
Travel Food Services IPO opens for subscription on July 7, 2025 and closes on July 9, 2025. The allotment for the Travel Food Services IPO is expected to be finalized on Tuesday, July 10, 2025. Travel Food Services IPO will be listed on BSE and NSE with a tentative listing date fixed as Thursday, July 14, 2025.
Travel Food Services IPO price bands are yet to be announced.
| IPO Date | July 7, 2025 to July 9, 2025 |
| Listing Date | July 14, 2025 |
| Face Value | ₹ 1 / Share |
| Price Band | ₹ 1045 to ₹ 1100 / Share |
| Lot Size | 13 Shares |
| Total Issue Size | 1,81,81,818 shares (Aggregating up to ₹2,000.00 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | 104 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 13,16,79,484 shares |
| Share holding post issue | |
| Market Maker portion |
Travel Food Services Limited IPO opens on July 7, 2025, and closes on July 9, 2025.
| IPO Open Date | July 7, 2025 |
| IPO Close Date | July 9, 2025 |
| Basis of Allotment | July 10, 2025 |
| Initiation of Refunds | July 11, 2025 |
| Credit of Shares to Demat | July 11, 2025 |
| Listing Date | July 14, 2025 |
| Cut-off time for UPI mandate confirmation | July 9, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 13 | Rs.14,300 |
| Retail (Max) | 13 | 169 | Rs.185,900 |
| S-HNI (Min) | 14 | 182 | Rs.200,200 |
| S-HNI (Max) | 69 | 897 | Rs.986,700 |
| B-HNI (Min) | 70 | 910 | Rs.1,001,000 |
| HNI (Min) |
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Offer |
|
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Net Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | 2025-07-04 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | August 9, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 8, 2025 |
Travel Food Services Limited is an Indian airport quick service restaurant (Travel QSR) and lounge (Lounge) that was incorporated in 2007. As of June 30, 2024, 397 Travel QSRs throughout India and Malaysia were operating the company's F&B brand portfolio, which included 117 partner and in-house brands.
A variety of carefully chosen food and beverage ("F&B") concepts from various brands, cuisines, and formats make up the travel QSR industry. These concepts have been modified to meet the needs of clients who want speed and convenience when traveling.
The lounge business operated by Travel Food Business Limited consists of specific spaces at airport terminals that are mainly accessible by first and business class travelers, airline loyalty program participants, some credit card and debit card users, and members of other loyalty programs.
| KPI | Values |
|---|---|
| ROE | 36.57% |
| ROCE | 49.97% |
| Debt/Equity | |
| RoNW | 36.14% |
| P/BV | 18.20 |
| PAT Margin (%) | 20.38% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 22.63 | 48.60 |
| P/E (x) |
Travel Food Services Limited Block-A South Wing 1st Floor, Shiv Sagar Estate, Dr. Annie Besant Road Worli, Mumbai, Maharashtra, 400018 Phone: +91 22 4322 4322 Email: [email protected] Website: https://www.travelfoodservices.com/ |
MUFG Intime India Private Limited (Link Intime) Phone: +91-22-4918 6270 Email: [email protected] Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
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