Travel Food Services IPO List 2% Up By IPO Price at ₹1,126.20

Posted by : sachet | Mon Jul 14 2025

Travel Food Services IPO Listing: The Travel Food Services IPO was subscribed 2.88 times till its closing. In this subscription, 7.70 times were received by the qualified institutional buyers (QIBs) and 1.58 times by non-institutional investors. The retail quota of the issue was subscribed 69%. Before delving deeper into the topic, go through the details of Travel Food Services’ IPO.

Table of Contents

Travel Food Services IPO

Travel Food Services IPO is a bookbuilding IPO of 1.82 crore shares worth ₹2,000 crore, and entirely an offer for sale. The issue will be listed on BSE and NSE on its tentative listing date, 14th July 2025. The Travel Food Services IPO date is fixed between 7th July 2025 and 9th July 2025. The face value of Travel Food Services Limited shares stands at ₹1 per share, and the IPO price band is fixed at ₹1,045 to ₹1,100 per share.

IPO Open Date	7th July 2025
IPO Close Date	9th July 2025
IPO Allotment Date	10th July 2025
Refund Initiation	11th July 2025
Issue Size	1,81,81,818 shares (worth ₹2,000.00 crore)
Face Value	₹1 per share
Lot Size	13 shares
Issue Price Band	₹1,045 to ₹1,100 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & NSE
Listing Date	14th July 2025

Travel Food Services IPO Listing

On the BSE (Bombay Stock Exchange), Travel Food Services shares list at ₹1,126.20 per share, reflecting a premium of 2.3% against the issue price of ₹1,100 per share. On the other hand, Travel Food Services shares list at a premium of ₹25 or 2.27% on the NSE (National Stock Exchange). The IPO was entirely an offer for sale (OFS) worth ₹2,000 crore.

About Travel Food Services Limited

Travel Food Services Limited was incorporated in 2017 and is an Indian airport travel quick service restaurant and lounge. Its F&B brand portfolio, comprising 117 partner and in-house brands, is in the operation of 397 travel QSRs across India and Malaysia. The company’s lounge business comprises associated areas within airport terminals and is accessible primarily by first and business-class passengers. Travel Food Services Limited has had an effective presence in the Delhi airport for 14 years, the Mumbai airport for 15 years, and in the Bengaluru airport for 5 years. Here are the major competitive strengths of Travel Food Services Limited.

Dominant Player in Travel QSR and Lounge industries in Indian airports.
Profound understanding of traveller preferences with a focus on providing quality services.
Experience management team and strategic partnerships with SSP and K Hospitality.

Travel Food Services Limited Financials

The company’s financial analysis is essential before applying for the Travel Food Services IPO. Look at the table to learn about Travel Food Services Limited’s financials.

Year Ended	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	1,902.73	1,696.44	1,332.32
Revenue	1,762.71	1,462.40	1,103.58
Profit After Tax	379.66	298.12	251.30
Debt	–	63.78	31.05
Net Worth	1,048.45	869.05	651.12

Explanation

Travel Food Services Limited’s revenue rose 20.53% from ₹1,462.40 crores in March 2024 to ₹1,762.71 crores in March 2025. Moreover, the company’s PAT increased by 27.35% from ₹298.12 crores to ₹379.66 crores.