Travel Food Services
Mainboard₹14,300 / 13 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 08 Jul 2025,05:00:00 PM |
| QIBs | 0.18 |
| NII | Bids above ₹10L: 0.23 times Bids below ₹10L: 0.25 times NII Total: 0.24 |
| Retail | 0.28 times |
| Employee | 0.73 times |
| Total | 0.25 times |
Travel Food Services IPO Details
The Travel Food Services IPO price band is set between ₹1045-1100 per equity share, with a face value of ₹1 per share. The issue is managed by MUFG Intime India Private Limited (Link Intime), and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 7 Jul, 2025 and closes on 9 Jul, 2025. Investors can check the allotment status on 10 Jul, 2025, while the listing date is tentatively scheduled for 14 Jul, 2025.
The total issue size is OFS : 1,81,81,818 shares, aggregating up to ₹2000.00 Cr. Stay tuned for the latest Travel Food Services IPO review and GMP updates.
Travel Food Services IPO Review, Rating & Analysis
Travel Food Services IPO Review
NO REVIEWTravel Food Services IPO Rating
Travel Food Services IPO Highlights
IPO Date
Jul 7, 2025 - Jul 9, 2025
Listing Date
14 Jul, 2025
Face Value
₹1 Per Equity Share
Price Band
₹1045-1100 per equity share
Lot Size
13 Shares
Fresh Issue
Shares
Offer for Sale
1,81,81,818 shares
Listing At
BSE, NSE
Travel Food Services IPO Lot Size
The minimum market lot for Travel Food Services IPO is 13 shares with an application amount of ₹14,300. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 13 | ₹14,300 |
| Retail (Max) | 13 | 169 | ₹1,85,900 |
| S-HNI (Min) | 14 | 182 | ₹2,00,200 |
| S-HNI (Max) | 69 | 897 | ₹9,86,700 |
| B-HNI (Min) | 70 | 910 | ₹10,01,000 |
Travel Food Services IPO Timeline
Issue Price
₹1045-1100 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Private Limited (Link Intime)Lead Manager
Kotak Mahindra Capital Company LimitedHsbc Securities & Capital Markets Pvt LtdICICI Securities LimitedBatlivala & Karani Securities India Private LimitedIssue Size
OFS : 1,81,81,818 shares(aggregating up to ₹2000.00 Cr)Travel Food Services IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 1902.73 | 1762.71 | 379.66 | 1048.45 | 1040.24 | - |
| 31 Mar 24 | 1623.39 | 1462.29 | 298.02 | 869.05 | 869.74 | - |
| 31 Mar 23 | 1332.32 | 1103.58 | 251.3 | 651.12 | 651.60 | - |
All values are in ₹ Cr.
Travel Food Services IPO Valuations
EPS Pre IPO
₹22.63/-EPS Post IPO
₹/-PE Pre IPO
48.6PE Post IPO
-ROE
35.47%ROCE
51.40%Debt Equity
-RoNW
34.64%PAT Margin
21.54%Price to Book Value
18.20Promoters & Share Holding
Promoter(s) Name
- SSP Group plc
- SSP Group Holdings Limited
- SSP Financing Limited
- SSP Asia Pacific Holdings Limited
- Kapur Family Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 86.19% |
About Company
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 IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 | 0.06 0.04 x 0.11 x | 0.14 x | 0.10 x |
Day 2 -08-07-25 05:00 PM | 0.18 x | 0.24 0.23 x 0.25 x | 0.28 x | 0.25 x |
Day 3 -09-07-25 05:00 PM | 7.70 x | 1.58 1.74 x 1.26 x | 0.69 x | 2.88 x |
Company Contact Details
Travel Food Services
Block-A South Wing 1st Floor, Shiv Sagar Estate, Dr. Annie Besant Road,Worli Mumbai 400018, Maharashtra, IndiaRegistrar Contact Details
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: travelfood.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Frequently Asked Questions about Travel Food Services IPO
When will Travel Food Services IPO open for subscription?
The Travel Food Services IPO opens on 7 Jul, 2025 and closes on 9 Jul, 2025.
What is the investors portion for Travel Food Services IPO?
The investors' portion for QIB is 7.70 x, NII is 1.74 x, and Retail is 0.69 x.
How to apply for Travel Food Services IPO?
You can apply for Travel Food Services IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Travel Food Services IPO?
The issue size of Travel Food Services IPO is approx ₹OFS : 1,81,81,818 shares(aggregating up to ₹2000.00 Cr) crores.
What is the price band of Travel Food Services IPO?
The price band for Travel Food Services IPO is ₹1045 to ₹1100 per equity share.
What is the lot size of Travel Food Services IPO?
The minimum bid (lot size) for Travel Food Services IPO is N/A shares with an investment of approx ₹14,300 .
What is the allotment date of Travel Food Services IPO?
The allotment date for Travel Food Services IPO is 10 Jul, 2025.
What is the listing date of Travel Food Services IPO?
The listing date for Travel Food Services IPO is expected to be 14 Jul, 2025.
What is the GMP of Travel Food Services IPO?
The latest Grey Market Premium (GMP) for Travel Food Services IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.