Travel Food Services IPO Will Open On July 07, 2025 And Close On July 09, 2025.The ₹ 2,000.00 Cr. IPO Is A Book Build Issue, Consisting Entirely of A Fresh Issue and offer for Sale . Travel Food Services IPO Price Band Is Set At ₹1,045 To ₹1100 Per Share.
The Allotment will Be Finalized On July 10, 2025 and Listing date is Expected on The NSE BSE By 14, Jul 2025. Investor Quota like 50% QIB, 35% Retail, and 15% HNI Category.
Financial Year 2025 Company Posted a Revenue of ₹1,762.71 Cr. and A Net Profit of ₹379.66 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
About Travel Food Services Limited
Our Company was originally incorporated on November 20, 2007, as s “Travel Food Services Limited” We are the leading player in the fast-growing Indian airport travel quick service restaurant (“Travel QSR”) and lounge (“Lounge”) sectors.
Our 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.
We utilise our F&B brand portfolio, comprising 117 partner and in-house brands, in the operation of 397 Travel QSRs across India and Malaysia, as of June 30, 2024. Our Travel QSRs are predominantly situated within airports, with select outlets in highway sites.
Our 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.
We had 31 Lounges across India and Malaysia, as of June 30, 2024. In addition, a new Lounge was opened in Hong Kong in July 2024.
Through our Travel QSR and Lounge businesses, we are present in 14 airports in India and three airports in Malaysia, as of June 30, 2024. Of the 14 airports in India in which we operate, 13 of them were amongst the 15 largest airports in the country.
Travel Food Services IPO Dates & Price Band Details
IPO Open Date
July 07, 2025
IPO Close Date
July 09, 2025
IPO Price Band
₹1,045 to ₹1,100 per share
Face Value
₹1 per equity share
Lot Size
13 Shares
Minimum Investment
₹14,300 Thousand (for 1 lot at ₹1100)
IPO Issue Type
Book Built Issue
IPO Issue Size
1,81,81,818 shares (Approx ₹2,000.00 Cr)
Fresh Issue
-
Employees Discount
₹104 per equity share
Offer For Sale
1,81,81,818 shares (Approx ₹2,000.00 Cr)
Retail Investor Quota
35%
QIB Quota
50%
NII (HNI) Quota
15%
Listing Exchange
NSE BSE
Anchor Investor List
Click Here
DRHP (Draft Prospectus)
Click Here
RHP (Final Prospectus)
Click Here
Travel Food Services IPO Market Lot Size
The Minimum Lot Size For The Travel Food Services IPO is 13 Shares, Requiring An Application Amount of ₹14,300 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
Application
Lot Size
Shares
Amount
Retail Minimum
1
13
₹14,300
Retail Maximum
13
169
₹1,85,900
S-HNI Minimum
14
182
₹2,00,200
B-HNI Minimum
68
884
₹9,72,400
Objects Of The Issue
NA
Travel Food Services IPO Allotment & Listing Dates
Travel Food Services IPO Will Open on July 07 and Close on July 09, 2025. The allotment is Expected on July 10, With the Listing Scheduled on NSE BSE For Jul 14, 2025 (More information below table).
Anchor Investor Bidding
July 04, 2025
IPO Opens
July 07, 2025
IPO Closes
July 09, 2025
Allotment Finalisation
July 10, 2025
Refunds / Unblocking
July 11, 2025
Shares Credited to Demat
July 11, 2025
Listing Date
July 14, 2025
Travel Food Services IPO Financial Report (FY 2025)
Travel Food Services Reported a total Revenue of ₹1,762.71 Cr. in FY 2025, Slightly up From ₹1,462.40 Cr. in FY 2023. The Company Net Profit Also Rose to ₹379.66 Cr. From ₹298.12 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
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
Travel Food Services IPO Valuation Report – FY 2025 (KPI)
Check Detailed Travel Food Services IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
KPI
Value
Return on Equity (ROE)
36.57%
Return on Capital Employed (ROCE)
49.97%
EBITDA Margin
39.38%
PAT Margin
20.38%
Debt-to-Equity Ratio
-
Earnings Per Share (EPS)
21.85
Price to Earnings Ratio (P/E)
50.34
Return on Net Worth (RoNW)
36.14%
Net Asset Value (NAV)
36.14
Qualitative Factors
- Leading Player in the Travel QSR and Lounge sectors in Indian airports.
- Strong expertise in operating and handling the distinct challenges of F&B in the operationally complex and highly secure airport environment.
- Proven and established track record of long-term working relationships with airport operators.
- Diversified portfolio of partner F&B brands franchised from high-quality brand partners and in-house F&B brands.
- Deep understanding of traveller preferences with a focus on delivering a quality customer experience.
- Experienced management team, supported by our synergistic partnerships with SSP and K Hospitality.
Our Company Promoters
- SSP Group plc.
- SSP Group Holdings Limited.
- SSP Financing Limited.
- SSP Asia Pacific Holdings Limited.
- Kapur Family Trust.
- Karan Kapur.
- Varun Kapur.
Comparison With Industry Peers
Name of the Company
Face Value (Per share)
CMP
EPS (Rs)
P/E Ratio
RONW (%)
NAV (Rs. Per share)
PAT (Rs. in Million)
Travel Food Services Limited
1.00
-
21.85
27.00
36.14%
60.45
13,963,22
Jubilant FoodWorks
Limited
2.00
695
6.06
34.30
18.40%
32.90
56,540.88
Devyani International
Limited
1.00
168.70
0.39
28.10
4.48%
8.76
35,563.00
Sapphire Foods India
Limited
2.00
350.50
10.61
8.30
3.94%
210.41
25,942.79
Westlife Foodworld
Limited
2.00
812.15
18.32
4.44
11.77%
37.72
23,918.10
Restaurant Brands Asia
Limited
10.00
87.16
50.72
( 4.40 )
(34.78%)
12.65
24,371.00
Also Read – Travel Food Services IPO GMP Today, Grey Market Premium Live
Travel Food Services Company Contact Details
Block-A South Wing 1st Floor, Shiv Sagar Estate,
Dr. Annie Besant Road, Worli,
Mumbai 400 018, Maharashtra, India
E-mail: cs@travelfoodservices.com.
Website: www.travelfoodservices.com
Travel Food Services Lead Manager
Kotak Mahindra Capital CompanyLimited
27 BKC, 1st Floor, Plot No. C – 27 “G” Block
Bandra Kurla Complex Bandra (East) Mumbai 400 051
Maharashtra, India
Tel: +91 22 4336 0000
E-mail: travelfoodservices.ipo@kotak.com
Website: https://investmentbank.kotak.com
HSBC Securities & Capital Markets (India) Pvt Ltd
52/60, Mahatma Gandhi Road, Fort Mumbai 400 001
Tel: +91 22 6864 1289
E-mail: tfsipo@hsbc.co.in
Website: www.business.hsbc.co.in
ICICI Securities Limited
ICICI Venture House Appasaheb Marathe Marg
Prabhadevi Mumbai 400025 Maharashtra,
Tel: +91 22 6807 7100
E-mail: tfs.ipo@icicisecurities.com
Website: www.icicisecurities.com
Batlivala & Karani Securities India Pvt Ltd
11th Floor, Hallmark Business Plaza, Bandra (E),
Mumbai – 400 051 Maharashtra, India
Tel: +91 22 4007 6256
E-mail: tfs.ipo@bksec.com
Website: https://www.bksec.com
Travel Food Services IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park Lal Bahadur
Shastri Marg Vikhroli (West) Mumbai 400083 Maharashtra, India
Tel: +91 81 0811 4949
E-mail: travelfood.ipo@linkintime.co.in
Website: www.linkintime.co.in
Travel Food Services IPO FAQs
Question 1: What is the Travel Food Services IPO?
Answer 1: Travel Food Services IPO is a Mainboard IPO of upto 1,18,81,818 equity shares of the face value of ₹1 approximately up to ₹2,000.00 Cr. The issue is price at ₹1045 to ₹1100 per share.
The Travel Food Services IPO opens on 07, July 2025 and closes on 09, July 2025.
Link Intime India Private Limited is the registrar for the IPO. The shares to be listed on NSE BSE.
Question 2: How to apply in Travel Food Services IPO through Groww?
Answer 2: Groww customers can apply online in Travel Food Service IPO using UPI as a payment gateway. Groww customers can apply in Indogulf CropsciencesIPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Indogulf CropsciencesIPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Mayasheel Ventures IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Travel Food Services IPO will open?
Answer 3: The Travel Food Services IPO opens on July 07, 2025 and closes on July 09, 2025.
Question 4: What is the lot size of Travel Food Services IPO?
Answer 4: Travel Food Services IPO lot size and the minimum order quantity is 13 Shares.
Question 5: How to apply for Travel Food Services IPO?
Answer 5: You can apply in Travel Food Services IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Travel Food Services IPO allotment date?
Answer 6: The Basis of Allotment for Travel Food Services IPO will be on Monday July 7,2025 and the allotted shares will be credited to your demat account by , Friday July 11, 2025. For Check the Travel Food Services IPO allotment status.
Question 7: When is Travel Food Services IPO listing date?
Answer 7: The Travel Food Services IPO listing date is 14 July 2025. The date of Indogulf CropsciencesIPO listing on Monday, July 14, 2025.
