Travel Food Services IPO Day 3: Check GMP Today, Subscription Status & Key Highlights
The bidding window for Travel Food Services IPO closes today, July 9, 2025. The allotment process is expected to be finalised on July 10, 2025. The company's shares are tentatively set to be listed on both the BSE and NSE on July 14, 2025.
Travel Food Services IPO Details
The Travel Food Services IPO is a book building of ₹ 2,000 crores. The issue is entirely an Offer for Sale (OFS) of 1.82 crore shares. Investors can apply with a minimum lot size of 13, requiring a minimum investment of ₹13,585. The issue price band is set at ₹1,045–₹1,100 per share.
Kotak Mahindra Capital Company Limited, HSBC Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, and Batlivala & Karani Securities India Private Limited are the book-running lead managers of the Travel Food Services IPO. At the same time, MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
Travel Food Services Day 3 Subscription Status
(July 9, 2025, 5 PM)
On Day 3, the Travel Food Services IPO was subscribed 3.03 times. The public issue was subscribed 0.73 times in the retail category, 8.10 times in QIB, and 1.67 times in the NII category.
|
IPO Day (EOD) |
Subscription Status |
|||
|
QIB |
NII |
Retail |
Total |
|
|
Day 1 |
0.07 |
0.07 |
0.15 |
0.11 |
|
Day 2 |
0.19 |
0.25 |
0.30 |
0.26 |
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Utilisation of IPO Proceeds
The Company will not receive any proceeds from the Offer, and all the Offer Proceeds will be received by the Promoter Selling Shareholder after deduction of Offer-related expenses and relevant taxes thereon, to be borne by the Promoter Selling Shareholder.
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Travel Food Services GMP Details
According to Business Standard, the Grey Market Premium (GMP) of Travel Food Services was ₹8 as of July 9, 2025, 10:48 a.m. If the current GMP trend continues, the company's shares are likely to be listed at ₹1108, indicating a premium of 0.73% against the upper price band when the company gets listed.
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Source: Business Standard Media Report dated July 9, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Travel Food Services Business Overview
Travel Food Services Limited (TFS) is one of India’s leading travel retail and food service companies, catering to the needs of passengers across major travel hubs. Established in 2009, TFS operates a diverse range of food and beverage outlets in airports, railway stations, and highways nationwide. The company offers a diverse portfolio of in-house and international brands, ranging from quick-service restaurants to premium dining, food courts, and packaged food kiosks.
It has partnerships with global and domestic brands, such as KFC, Domino’s, Starbucks, and Cafe Coffee Day, which help it cater to a wide audience. With a strong presence in major Indian airports like Mumbai, Delhi, Bengaluru, and Chennai, TFS plays a significant role in shaping the modern travel dining experience in India.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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