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Travel Food Services IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
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What is the latest news relating to Travel Food Services IPO?   

On 7th July, the company will enter the capital market for this Rs. 2000 crore IPO. It is completely offer for sale. The shares are being offered in the price range of Rs. 1045 to Rs.1100 and minimum bid is of 13 shares. More details of the IPO is given in following sections.

What is the latest GMP of Travel Food Services IPO?   

Travel Food Services IPO Subscripion Status

QIB B HNI X S HNI X NII X RII X Total X
           
Applications: 
 
Subcription Review:

 

What are the promoters of Travel Food Services IPO?   

SSP Group plc, SSP Group Holdings Limited, SSP Financing Limited, SSP Asia Pacific Holdings Limited and Kapur Family Trust are the company promoters.

The promoters hold 100% of the equity prior to the IPO

 

What are the Objects of Travel Food Services IPO?

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

What is the business of Travel Food Services?

Travel Food Services Limited – Company Overview

Incorporated in 2007, Travel Food Services Limited is a leading player in India’s airport Travel QSR (Quick Service Restaurant) and Lounge segments.

As of June 30, 2024, the company operates a strong portfolio of 117 partner and in-house F&B brands, managing a total of 397 Travel QSR outlets across India and Malaysia.

Travel QSR Business

Travel Food Services offers a wide range of curated food and beverage (F&B) options across multiple cuisines and formats. These offerings are specifically designed to meet the fast-paced needs of air travelers, with a strong focus on speed and convenience in travel environments.

Lounge Services

The company also operates premium airport lounges, primarily accessible to:

  • First and Business-class travelers
  • Airline loyalty program members
  • Selected credit/debit card holders
  • Members of other loyalty programs

These lounges offer a relaxing and exclusive experience within bustling airport terminals.

Geographical Presence

As of June 30, 2024, Travel Food Services has a presence in 14 Indian airports and 3 Malaysian airports, including major hubs like:

  • Delhi
  • Mumbai
  • Bengaluru
  • Hyderabad
  • Kolkata
  • Chennai

Key Airport Tenures

  • Delhi Airport – 14 years
  • Mumbai Airport – 15 years
  • Bengaluru Airport – 5 years
  • Chennai Airport – 11 years

Travel Food Services has built a strong and sustained presence at India’s busiest airports, reinforcing its position as a trusted name in travel-focused F&B and lounge services.

Travel Food Services IPO GMP, Particulars & Guidance

IPO Details 
IPO opens on  7 July 2025
IPO closes on  9 July 2025
Issue Type Book Built Issue IPO
Issue Size 18185614 Shares /
Rs 2000 Crore
* Fresh Issue – Sh /
Rs – Crore
* Offer for Sale  18185614 Shares /
Rs 2000 Crore
   
Face Value per share: Rs. 1
Price Band  Rs.1045-1100
Retail Discount  Rs 0 per share
Employee discount  Rs. 104 per share
Retail Lot Size  13 Shares
Listing will at  BSE, NSE
Shares offered in
this IPO?
Shares Rs.
in Crore
QIB (50 %)  9072727 998.00
NII (15 %)  2721818 299.40
RII (35 %)  6349090 698.40
Employees 40160 4.00
Total Shares    2000.00
Retail portion will be oversubscribed by   Forms.
How to apply in this IPO? Amount
Rs.
Min Retail  13 14300
Max Retail  169 185900
Small HNI (Min)  182 200200
Small HNI (Max)  897 986700
Big HNI  910 1001000
What is the timetable of the IPO?
IPO opens on 7 July 2025
IPO Closes on 9 July 2025
IPO Allotment on 10 July 2025
Unblocking of Asba 11 July 2025
Credit of Shares 11 July 2025
Listing of Shares 14 July 2025
Registered Office of the company
Travel Food Services Limited
Block-A South Wing 1st Floor,
Shiv Sagar Estate, Dr. Annie Besant Road
Worli,
Mumbai, Maharashtra, 400018
Lead Managers of the IPO
Kotak Mahindra Capital Company
HSBC Securities
ICICI Securities
Batliwala & Karani Securities
Registrar to IPO
Mufg Intime India Pvt ltd

Travel Food Services IPO Financials

Period Ended 30-Jun-24 31-Mar-24 31-Mar-23 31-Mar-22
Assets 1,771.16 1,623.39 1,332.32 1,056.49
Revenue 425.2 1,462.29 1,103.58 441.66
Profit After Tax 59.55 298.02 251.3 5.03
Net Worth 851.83 796 651.12 406.51
Total Borrowing 66.97 63.78 31.05 38.17
Amount in Rs Crore

Key Indicators

KPI Values
ROE 36.57%
ROCE 49.97%
RoNW 34.64%
PAT Margin 20.38%
EPS 27.58
PE Ratio 39.88

How Travel Food Services IPO compares with the Peers?
Peer Comparison.
There is no peer group company having the business similar to that of this company.

# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Travel Food Services IPO review by Paresh Gordhandas, CA & Research Analyst.

Will update our much awaited review once the price band, lot etc are known.

Quicklinks

Travel Food Services IPO GMP

Travel Food Services IPO GMP today details

Travel Food Services IPO GMP today, Details, Guidance, Subscription Status, allotment

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