TRAVEL FOOD SERVICES LIMITED
₹ 1045 - ₹ 1100
07-Jul-2025 - 09-Jul-2025
₹ 14300.00

/ 13 Shares

TRAVEL FOOD SERVICES LIMITED

07-Jul-2025 - 09-Jul-2025

₹ 1045 - ₹ 1100

Price Band

₹ 14300.00

Minimum Investment

13

Bid Lot

18,181,818

Shares
  • Face Value - ₹ 1/- Per Share

  • Listing at NSE, BSE

  • 209,790 Application Required in Retail for 1 Time.

  • Registrar : Link Intime India Private Ltd

IPO Details

Category % Shares/Amount
QIB 50% 9,072,726 Shares Rs. 998.00 CR
HNI 1 5% 907,273 Shares Rs. 99.80 CR @ 4985 FORM 1X
HNI 2 10% 18,144,546 Shares Rs. 199.60 CR @ 9970 FORM 1X
Retail 35% 6,350,909 Shares Rs. 698.60 CR @ 488531 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
488531 FORM 1X 4985 FORM 1X 9970 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 13 ₹ 14,300
Retail (Upto 2 Lakh) 13 169 ₹ 185,900
S-HNI (2 Lakh to 10 Lakh) 14 182 ₹ 200,200
S-HNI (2 Lakh to 10 Lakh) 69 897 ₹ 986,700
B-HNI (Above 10 Lakh) 70 910 ₹ 1,001,000

IPO Timeline

  • Open Date

    07-Jul-2025
  • Close Date

    09-Jul-2025
  • Basis of Allotment Date

    10-Jul-2025
  • Initiation of Refunds

    11-Jul-2025
  • Credit Shares to Demat A/c

    11-Jul-2025
  • IPO Listing Date

    14-Jul-2025

Subscription as on
09-Jul-2025 17:39

Category Book Size Subscription No. of Times
QIB 3,636,364 ₹ 400.00 Cr. 29,398,278 ₹ 3233.81 Cr. 8.08x
HNI (<10 LAKH) 907,273 ₹ 99.80 Cr. 1,208,519 ₹ 132.94 Cr. 1.33x
HNI2 (>10 LAKH) 18,144,546 ₹ 1995.90 Cr. 3,328,143 ₹ 366.10 Cr. 0.18x
RETAIL 2,727,273 ₹ 300.00 Cr. 4,626,947 ₹ 508.96 Cr. 1.70x
Total 25,415,456 38,561,887 1.52x
Category Book Size Subscription No. of Times
QIB 3,636,364 ₹ 400.00 Cr. 29,398,278 ₹ 3233.81 Cr. 8.08x
HNI (<10 LAKH) 907,273 ₹ 99.80 Cr. 1,208,519 ₹ 132.94 Cr. 1.33x
HNI2 (>10 LAKH) 18,144,546 ₹ 1995.90 Cr. 3,328,143 ₹ 366.10 Cr. 0.18x
RETAIL 2,727,273 ₹ 300.00 Cr. 4,626,947 ₹ 508.96 Cr. 1.70x
Total 25,415,456 38,561,887 1.52x

*Excluding Anchor

Total No. of Application Approx : ~213698 (1.02 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

Incorporated in 2007, Travel Food Services Limited is an Indian airport travel quick service restaurant (“Travel QSR”) and lounge (“Lounge”). The company's F&B brand portfolio, comprising 117 partner and in-house brands, is in the operation of 397 Travel QSRs across India and Malaysia, as of June 30, 2024.

Travel QSR business comprises a range of curated food and beverage (“F&B”) concepts across cuisines, brands and formats, which have been adapted to cater to customers’ demands for speed and convenience within travel environments.

Travel Food Business Limited's lounge business comprises designated areas within airport terminals, accessible primarily by first and business-class passengers, members of airline loyalty programmes, select credit card and debit card holders and members of other loyalty programmes.

The company's Travel QSR and Lounge businesses are present in 14 airports in India and three airports in Malaysia, as of June 30, 2024. Such airports include the Delhi Airport, Mumbai Airport, Bengaluru Airport, Hyderabad Airport, Kolkata Airport, and Chennai Airport.

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

Read More

Strengths

Competitve Strengths:

  1. Leading player in the Travel QSR and Lounge sectors in Indian airports.
  2. The diversified portfolio of partner F&B brands franchised from high-quality brand partners and in-house F&B brands.
  3. Deep understanding of traveller preferences with a focus on delivering a quality customer experience.
  4. Experienced management team, supported by our synergistic partnerships with SSP and K Hospitality.

Company Promoters

Company Financials

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
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
EBITDA 676.35 549.99 458.05
Net Worth 1,048.45 869.05 651.12
Reserves and Surplus 1,040.24 869.74 651.60
Total Borrowing   63.78 31.05
Amount in ? Crore

Objects of the Issue

How to Apply

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  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

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  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
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Frequently Asked Questions

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