Travel Food Services Limited

  • Minimum Investment
    ₹13,585
  • Price Range
    ₹1 K - ₹1 K
  • Issue Size
    ₹2,000.00 Cr
  • Lot Size
    13 shares

Proceeds of this IPO to be used for

To carry out the offer for the Sale of equity shares bearing a face value of Rs 1 aggregating up to Rs 20,000.00 million by the promoter selling shareholder

Achieve the benefits of listing equity shares on the stock exchanges

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Travel Food Services Limited

Diversified portfolio

In the Travel QSR business, the company operates a variety of popular international, regional Indian, and in-house F&B brands. As of June 30, 2024, it had 78 licensed F&B brands and 39 in-house brands

Strong expertise

Since opening its first Travel QSR outlet in 2009, the company has developed strong capabilities and processes to effectively handle the operational challenges of the complex and highly secure airport environment

Leading player

According to the CRISIL Report, the company was the leading player in the Travel QSR and Lounge sectors at Indian airports based on revenue in FY24. As of March 31, 2024, it operated the largest network of Travel QSRs in India, with 313 out of 340 outlets located in airports, and the rest at highway sites

Concession agreement risks

Terminations or unfavorable changes to existing concession agreements, or the inability to secure new concessions, could negatively impact the company’s business and operations

Depend on relationship with brand partners

The company relies on its relationships with brand partners for franchising. Failure to attract new partners or maintain existing ones could negatively impact its business, operations, finances, and prospects

Regulatory compliance risks

The company is subject to extensive regulations regarding airport and highway operations, security, food safety, and environmental matters. Non-compliance or changes in these regulations could negatively affect its business, operations, cash flow, and financial condition

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
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About Travel Food Services Limited

Travel Food Services was incorporated on November 20, 2007. The company is a leading player in India's growing airport Travel QSR and Lounge sectors, based on FY24 revenue, as per the CRISIL Report. Its Travel QSR business offers a variety of curated food and beverage concepts across cuisines, brands, and formats, designed to meet customer demand for speed and convenience in travel settings
  • Promoter
    Varun Kapur
  • Promoter
    Karan Kapur
  • Promoter
    SSP Group plc
  • Promoter
    SSP Group Holdings Limited
  • Promoter
    SSP Financing Limited
  • Promoter
    SSP Asia Pacific Holdings Limited

Travel Food Services Limited IPO FAQs

What is Travel Food Services Limited IPO?

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Travel Food Services Limited IPO refers to the initial public offering of shares by Travel Food Services Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Travel Food Services Limited IPO?

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For Travel Food Services Limited IPO the issue size is ₹2,000 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Travel Food Services Limited IPO?

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For Travel Food Services Limited IPO the minimum investment is ₹13,585. The minimum investment for Travel Food Services Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Travel Food Services Limited IPO?

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For Travel Food Services Limited IPO the lot size is 13 shares. The lot size of Travel Food Services Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Travel Food Services Limited IPO on Share.Market?

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To apply for Travel Food Services Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Travel Food Services Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Travel Food Services Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Travel Food Services Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Travel Food Services Limited IPO?

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For Travel Food Services Limited IPO the allotment date is July 10, 2025. The allotment date of Travel Food Services Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Travel Food Services Limited IPO?

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For Travel Food Services Limited IPO, the subscription opens on July 7, 2025 and closes on July 9, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
2.88x Oversubscribed
Bidding Ongoing
-
Total Subscription
2.88x Oversubscribed