Travel Food Services IPO Subscribed 0.11x on Day 1

By Jagat Joshi
July 7, 2025
6:12 pm
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By Jagat Joshi
July 7, 2025

Travel Food Services IPO subscribed over 0.11x on its First day of subscription, wherein QIB subscribed 0.07x, NII subscribed 0.07x, and RII subscribed 0.15x.

Travel Food Services’s IPO subscription started on Monday, July 7, 2025, and will close on July 9, 2025, as per the schedule. The price band is set at ₹1045 to ₹1100 per share with a face value of ₹1.

Travel Food Services IPO Subscription Status

Travel Food Services IPO subscribed over 0.11x on its First day till 05.00 PM on 7th July 2025.

Travel Food Services IPO subscription QIB investors portion is 0.07x times, while NII subscribed 0.07x times, and RII investors subscribed 0.15x times.
The company has received bids for 13,98,852 shares against 1,27,42,199 shares on offer on the First day.
Travel Food Services’s IPO subscribed over 0.11x times on day 1.

About Travel Food Services IPO

Travel Food Services Limited, founded in 2007, is one of the prominent Indian airport travel quick service restaurant (“Travel QSR”) and lounge (“Lounge”) sectors in India. The Travel QSR business provides a wide range of food and drink options spanning various cuisines, brands, and formats, specially curated to meet the requirements of each client. The company manages a total of 397 Travel QSRs in India and Malaysia that include 117 partners and in-house brands. Its lounge sector also consists of special areas in airport terminals for first and business class passengers, airline loyalty members, and selected credit or debit card holders. As of June 30, 2024, its Travel QSR and Lounge business is available in 14 airports in India, including Delhi Airport, Mumbai Airport, Bengaluru Airport, Hyderabad Airport, Kolkata Airport, and Chennai Airport, and 3 airports in Malaysia.

Travel Food Services IPO Company Financial Report

The company reported revenue of ₹1,762.71 crores in 2025 against ₹1,462.29 crore in 2024. The company reported profit of ₹379.66 crores in 2025 against profit of ₹298.12 crores in 2024.

Travel Food Services IPO GMP

Travel Food Services’s IPO GMP was ₹32 as of Monday, 7th July. That indicates the IPO is trading at ₹1132 with a ₹32 premium in the grey market against the issue price of ₹1100.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.