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Travel Food Services IPO (Travel Food Services Limited IPO)

Travel Food Services IPO

Travel Food Services IPO open for bidding on 7th July 2025 and ends on 9th July 2025.

Travel Food Services Limited (TFS) is a leading player in the Indian airport travel quick service restaurant (QSR) and lounge sectors, commanding a 26% market share in airport QSR and 45% in lounges, as of Fiscal 2025. It operates under a portfolio of 127 partner and in-house brands across various cuisines and service formats.

The company manages a wide footprint of 442 Travel QSRs and 37 lounges, spread across 14 airports in India, 3 in Malaysia, and 1 in Hong Kong. Its outlets are strategically located in airports and highways, catering to time-sensitive travelers seeking speed and convenience.

TFS collaborates with airlines, credit card networks, and loyalty programs to offer premium lounge access, also including walk-in services. The company benefits from strong promoter backing by SSP Group plc and K Hospitality, leveraging global expertise and local market depth.

For more details, refer to Travel Food Services IPO RHP and Travel Food Services IPO Pulse Score

Travel Food Services IPO Details

IPO Date7th July 2025 to 9th July 2025
Listing Date[●]
Face Value₹1 per share
Price Band₹1045 to ₹1100 per share
Lot Size13 Shares
Total Issue Size[•] shares
(aggregating up to ₹2,000.00 Cr)
Offer for Sale[•] shares of ₹1
(aggregating up to ₹2,000.00 Cr)
Employee Discount₹104 per Share
Issue TypeBook Built Issue IPO

IPO Reservation

Investor CategoryShares Offered
QIB<50%
NII>15%
bNII10%
sNII5%
Retail>35%

Travel Food Services IPO Timeline

IPO Open7th July 2025
IPO Close9th July 2025
IPO Allotment10th July 2025
Initiation of Refunds11th July 2025
Credit of Shares to Demat11th July 2025
Listing Date14th July 2025

Fundamentals

Data as of 31st March 2025

Market Cap₹14,484.74 CrP/E Ratio- Pre IPO48.6
RoNW34.64%P/E Ratio- Post IPO48.6
RoCE51.40%P/B Ratio18.20
Debt to Equity0.00PAT Margin21.54%

Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2025. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for March 2025

Travel Food Services IPO Objectives

The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.

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