Travel Food Services IPO

Travel Food Services IPO is listed on BSE and NSE, priced at ₹1045–₹1100 per share. The stock debuted at ₹1125, delivering a listing gain of 2.3%. The IPO had a lot size of ₹13 shares and a minimum investment of ₹14,300.

Travel Food Services Limited IPO

Mainboard Listed
₹14,300 (13 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 7, 2025 – Jul 9, 2025
Price band
₹1045-1100 per equity share
Minimum Investment
₹14,300
Issue size
₹2000 Cr
Lot size
13
Allotment Date
Jul 10, 2025
Listing
Jul 14, 2025
Listing At
BSE, NSE

IPO timeline

  1. Jul 7, 2025

    Open Date

    Completed

  2. Jul 9, 2025

    Close Date

    Completed

  3. Jul 10, 2025

    Allotment Date

    Completed

  4. Jul 14, 2025

    Listing Date

    Completed

Price Summary

Last closing
1,225.00 (11.36%)
52 week high
1,445.00
52 week low
1,008.50
Last update

Travel Food Services IPO Essentials

Travel Food Services IPO Details

Travel Food Services IPO is priced at ₹1045-1100 per share with a total issue size of 2000 crore. The IPO has a lot size of 13 shares and is listed on BSE and NSE.

Issue price
₹1045-1100 per equity share
Lot size
13 shares
Face value
₹1 Per Equity Share
Issue size
OFS : 1,81,81,818 shares(aggregating up to ₹2000.00 Cr)
Total issue size
1,81,81,818 shares
(aggregating up to ₹2000 crore)
Offer for sale (OFS)
1,81,81,818 shares
(aggregating up to ₹2000 crore)
Listing at
BSE, NSE
List price
1125.0(NSE)
Listing date
Registrar
MUFG Intime India Private Limited (Link Intime)
Lead manager
Kotak Mahindra Capital Company Limited, Hsbc Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, Batlivala & Karani Securities India Private Limited

Market Lot Size

Investors can bid for a minimum of 13 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 13 ₹14,300
Retail(max) 13 169 ₹1,85,900
sHNI(min) 14 182 ₹2,00,200
sHNI(max) 69 897 ₹9,86,700
sHNI(min) 70 910 ₹10,01,000

Travel Food Services IPO Documents

Travel Food Services IPO Reservation

Travel Food Services IPO reservation details show category-wise allocation of shares. Out of the total 1,81,85,834 shares, approximately 19.96% are reserved for QIB, 14.97% for NII, 34.92% for retail investors, 0.22% for employees, and 29.93% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 54,43,635 (29.93%)
QIB Shares Offered 36,29,090 (19.96%)
NII (HNI) Shares Offered 27,21,818 (14.97%)
bHNI > ₹10L 18,14,545 (9.98%) 9,970
sHNI < ₹10L 9,07,273 (4.99%) 4,985
Retail Shares Offered 63,50,909 (34.92%) 4,88,531
Employee Shares Offered 40,382 (0.22%)
Total Shares Offered 1,81,85,834 (100%)

Travel Food Services IPO Analytics

Travel Food Services IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Travel Food Services IPO Subscription Status

Travel Food Services IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 90,72,725
27,21,818
18,14,545
9,07,273
63,50,909 1,27,42,199
Day 1 07-07-25 05:00 PM
0.07 x
0.06x
0.04x
0.11x
0.14 x 0.10 x
Day 2 08-07-25 05:00 PM
0.18 x
0.24x
0.23x
0.25x
0.28 x 0.25 x
Day 3 09-07-25 05:00 PM
7.70 x
1.58x
1.74x
1.26x
0.69 x 2.88 x

Travel Food Services Valuations

Earnings

EPS Pre IPO
₹22.63/-
P/E Pre IPO
48.6

Returns

ROE
35.47%
ROCE
51.40%
RoNW
34.64%
PAT Margin
21.54%

Fundamentals

Price / Book
18.20

Data sourced from DRHP / RHP • For educational purposes only

Travel Food Services Financials( In Crs.)

31-Mar-25 31-Mar-24 31-Mar-23
Assets 1,902.73 1,623.39 1,332.32
Revenue 1,762.71 1,462.29 1,103.58
Profit After Tax 379.66 298.02 251.3
Net Worth 1,048.45 869.05 651.12
Reserves & Surplus 1,040.24 869.74 651.60

Travel Food Services Company & Offer Insights

About Travel Food Services

Founded in 2007, Travel Food Services Limited is an Indian airport travel quick service restaurant (Travel QSR) and lounge (Lounge). The food and beverage (F&B) brand portfolio of 117 partner and in-house brands operates in 397 Travel QSRs in India and Malaysia, as of June 30, 2024.

Travel QSR business includes an assortment of developed food and drink (F&B) ideas by cuisine, brand and format, that have been modified to serve to the needs of speed and convenience of customers in travel settings.

Travel Food Business Limited's lounge business includes defined areas within airport terminals, which are accessible mainly by first and business-class passengers, airline loyalty programmes members, chosen credit card and debit card holders and members of other programmes.

The company's Lounge business is located in 14 airports in India and three airports in Malaysia, as of June 30, 2024. Examples of such airports are the Delhi Airport, Mumbai Airport, Bengaluru Airport, Hyderabad Airport, Kolkata Airport, and Chennai Airport.

As of June 30, 2024, Travel Food Services existed at the Delhi airport for 14 years, Mumbai airport for 15 years, Bengaluru airport for 5 years and Chennai airport for 11 years.

Travel Food Services Promoter(s)

SSP Group plc, SSP Group Holdings Limited, SSP Financing Limited, SSP Asia Pacific Holdings Limited, Kapur Family Trust are the company's promoters of Travel Food Services.

Travel Food Services IPO Issue Objectives

The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Promoter Selling Shareholder

Travel Food Services IPO - Anchor Investors

Travel Food Services raises Rs 598 crore from anchor investors ahead of Rs 2,000 crore IPO.

Among the anchor investors are ICICI Prudential Mutual Fund (MF), Axis MF, Kotak MF, Baroda BNP Paribas MF, Abu Dhabi Investment Authority, Fidelity and Government Pension Fund Global

Travel Food Services IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Travel Food N/A N/A 34.64% N/A
Jubilant Foodworks N/A 205.8 10.02% N/A
Devyani International N/A 2097 0.84% N/A
Sapphire Foods N/A 548 1.38% N/A
Westlife Foodworld N/A 955 2.01% N/A
Restaurant Brands Asia N/A N/A 23.80% N/A

Travel Food Services IPO - Strengths and Risks

Travel Food Services IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Travel Food Services held 24% Travel QSR market share in FY24.
Operated 313 out of 340 Travel QSR outlets inside airports.
Led Lounge sector with 45% market share across Indian airports,Operates 24 Lounges across eight key Indian airports by FY24.
Present at 14 major airports including Delhi and Mumbai terminals.

Risks

Top 5 airports contributed 85.21% revenue in Q1 FY25.
Business depends on 78 franchised F&B brand partner relationships.
Tough competition from HMSHost, Encalm and other QSR operators
Failure to get approvals can disrupt Lounge and QSR operations.

Contact Information

Contact Details

Travel Food Services

+91 22 4322 4322

cs@travelfoodservices.com

https://www.travelfoodservices.com/

Block-A South Wing 1st Floor, Shiv Sagar Estate, Dr. Annie Besant Road,Worli Mumbai 400018, Maharashtra, India

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

travelfood.ipo@linkintime.co.in

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

Click any question to reveal the answer

Travel Food Services IPO is a book-built IPO worth ₹2000 crore. The price band is ₹1045–₹1100 per share. The IPO opens on Jul 7, 2025 and closes on Jul 9, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited (Link Intime) is the registrar.

The price band of Travel Food Services IPO is ₹1045 to ₹1100 per share.

The lot size of Travel Food Services IPO is 13 shares.

The minimum investment for Travel Food Services IPO is approximately ₹14,300 based on the upper price band .

Travel Food Services IPO opens on Jul 7, 2025 and closes on Jul 9, 2025.

The allotment date of Travel Food Services IPO is Jul 10, 2025.

Travel Food Services IPO is expected to be listed on Jul 14, 2025, on BSE and NSE .

Travel Food Services IPO listed on Jul 14, 2025. It was issued at ₹1125.0(NSE) and is currently around ₹1225.00 as on 27-May-2026 3:30 PM, which is approximately 11.4% versus issue price. The 52-week high is ₹1,445.00.

Based on listing and post-listing performance, Travel Food Services IPO delivered around 11.4% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Travel Food Services IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Travel Food Services IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 18.20, RoNW 34.64%, and market cap N/A.

To apply for Travel Food Services IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Travel Food Services IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Travel Food Services IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Travel Food Services IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Travel Food Services IPO allotment status on IPO Ji for quick and easy access.