Loading...
Travel Food Services Limited IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.1100.00
Issue Size:
Rs.2,000.00 Cr
Lot Size:
13 shares
Open Date:
July 7
Travel Food Services Limited IPO Overview
Bidding Dates
July 7 - July 9
Min Investment
₹14,300
Price Range
₹1100.00
Issue Size
₹2,000.00 Cr
IPO DRHP Doc
Company Overview
Incorporated in 2007, Travel Food Services Limited is an Indian airport travel quick service restaurant and lounge operator. The company operates 397 Travel QSRs across India and Malaysia, featuring a diverse portfolio of 117 partner and in-house brands. Their Travel QSR business offers a variety of food and beverage concepts tailored for speed and convenience in travel environments. The lounge business provides exclusive areas in airport terminals for premium passengers and loyalty program members. Travel Food Services operates in 14 airports in India and three in Malaysia, including major airports like Delhi, Mumbai, and Bengaluru.
IPO Timeline
Opens
Jul 7
Closes
Jul 9
Allotment
Jul 10
Refunds
Jul 11
Shares Credit
Jul 11
Listing
Jul 14
Opens
Jul 7
Closes
Jul 9
Allotment
Jul 10
Refunds
Jul 11
Shares Credit
Jul 11
Listing
Jul 14
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 8.10x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 1.67x | Oversubscribed |
| RII (Retail Individual Investors) | 0.73x | Partially Subscribed |
| Total Subscription | 3.03x | Oversubscribed |
Last updated: Jul 9, 2025, 05:06 PM
Current GMP:
Rs.25
Est. Listing:
Rs.1125
Est. Gain:
+2.3%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹1,902.73 Cr | ₹1,696.44 Cr | ₹1,332.32 Cr |
| EBITDA | ₹676.35 Cr | ₹549.99 Cr | ₹458.05 Cr |
| Net Worth | ₹1,048.45 Cr | ₹869.05 Cr | ₹651.12 Cr |
| Profit After Tax | ₹379.66 Cr | ₹298.12 Cr | ₹251.3 Cr |
| Reserves and Surplus | ₹1,040.24 Cr | ₹869.74 Cr | ₹651.6 Cr |
| Revenue | ₹1,762.71 Cr | ₹1,462.4 Cr | ₹1,103.58 Cr |
| Total Borrowing | ₹63.78 Cr | ₹31.05 Cr | - |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Market leader in Travel QSR (26%) and Lounge (45%) segments at Indian airports (FY25, CRISIL).
- Diverse F&B portfolio of 127+ brands—international, regional, and in-house.
- Proven expertise in airport F&B operations under complex and secure conditions.
- Robust financials: 21% revenue and 27% net profit growth, with 50%+ RoCE in FY25.
- Strong balance sheet: zero debt and ₹600+ crore in cash as of Mar-25.
- Industry recognition, including “Asia’s Leading Airport Lounge” award.
IPO Details
Travel Food Services IPO Details
| ₹104.00 | |
| Face Value | ₹1 per share |
| IPO Date | July 7, 2025 to July 9, 2025 |
| Issue Price | ₹1100 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | July 14, 2025 |
| Lot Size | 13 Shares |
| Sale Type | Offer For Sale |
| Share Holding Post Issue | 13,16,79,484 shares |
| Share Holding Pre Issue | 13,16,79,484 shares |
| Total Issue Size | 1,81,81,818 shares (aggregating up to ₹2,000.00 Cr) |
Travel Food Services IPO Reservation
Share Reservation Distribution
QIB
9,072,725 shares (49.89%)
Retail
6,350,909 shares (34.92%)
Anchor Investors
5,443,635 shares (29.93%)
QIB (Ex-Anchor)
3,629,090 shares (19.96%)
HNI (NII)
2,721,818 shares (14.97%)
bNII (>₹10L)
1,814,545 shares (9.98%)
sNII (<₹10L)
907,273 shares (4.99%)
Employee
40,382 shares (0.22%)
Travel Food Services IPO Promoter Holding
| Share Holding Post Issue | 86.19% |
| Share Holding Pre Issue | 100% |
Travel Food Services IPO Listing Details
| ₹1100 per share |
| 544443 |
| B |
| EQ |
| INE103V01028 |
| July 14, 2025 |
| TRAVELFOOD |
Key Dates
Open Date:July 7
Close Date:July 9
Listing Date:July 14
