Travel Food Services Limited
- Minimum Investment₹13,585
- Price Range₹1 K - ₹1 K
- Issue Size₹2,000.00 Cr
- Lot Size13 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
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
No Data
Balance Sheet
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Cash Flow
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About Travel Food Services Limited
- PromoterVarun Kapur
- PromoterKaran Kapur
- PromoterSSP Group plc
- PromoterSSP Group Holdings Limited
- PromoterSSP Financing Limited
- PromoterSSP Asia Pacific Holdings Limited