

Travel Food Services
14 Jul '25MAINBOARD
Min. Investment
₹13,585
Issue size
₹2000 Cr
GMP
Locked
Overall subscription: 2.86x
Check allotment status
Expert verdict



IPO dates
07 Jul
Opening
09 Jul
Closing
10 Jul
Allotment
14 Jul
Listing
*Refunds will be initiated on 11 Jul '25

IPO quota
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 13 | ₹14,300 |
HNI (Min) | 14 | 182 | ₹2,00,200 |


Subscription (as on 26 August 2025, 06:46 PM)
Overall2.86x





About company
Founded: 2007|MD: Mr Varun Kapur
- Travel Food Services Limited is involved in the operation of travel quick service restaurants (QSRs) and airport lounges. The company offers a range of food and beverage concepts across various cuisines and brands, operating 397 travel QSRs and 31 lounges across India and Malaysia. A new lounge was opened in Hong Kong in July 2024.
- The travel QSRs are primarily located at airports, with select outlets at highway sites, while the lounges are accessible to first and business-class passengers, loyalty programme members, and select credit card holders.
- The company operates in 14 airports in India and three in Malaysia, with key locations including Delhi, Mumbai, and Bengaluru airports.
- Use of Proceeds:
- The IPO consists solely of an offer-for-sale (OFS). The company will not receive any proceeds from the offer. After the deduction of offer-related expenses and relevant taxes, the net proceeds from the offer will go to the promoter selling shareholder.
- The primary objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges, which is expected to enhance the company’s visibility and brand recognition. Listing will also provide liquidity to the existing shareholders and create a public market for the company’s shares in India.

Issue Details & Objective
Lot size
13 Shares
Price band
₹1045 to 1100
Face value
₹1 per share


Financials

IPO reservation
Anchor investor - 23.04%
QIB - 38.40%
HNI - 11.52%
Retail - 26.88%
FAQs
Should I apply for the Travel Food Services IPO?

Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Travel Food Services IPO?

The issue size of Travel Food Services IPO is ₹2000 Cr
What are the open and close dates for Travel Food Services IPO?

The Travel Food Services IPO will be open for applications from 07 Jul '25 to 09 Jul '25
What is the lot size and minimum order quantity of Travel Food Services IPO?

The lot size of Travel Food Services IPO is 13 Shares and its minimum investment amount is ₹13,585.
What is the GMP value of Travel Food Services IPO?

Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Travel Food Services IPO is 0.55
