Travel Food Services IPO : Date, Review, Price, Allotment Details
Travel Food Services IPO : Travel Food Services IPO Date, Review, Price, Allotment Details
Uttam Patel | 3- 7- 2025 | Full Watch
Travel Food Services iPO will open on July 7 for its ₹ 2000 crore issue subscription, then it will open for anchor investors on July 4. Investments on the basis of Travel Food Services IPO fundamentals and financials are bringing travel food services IPOs on airports and highways in India, Malaysia and Hong Kong on airports and highways, bringing travel food services IPOs running Lounge and Lounge. This issue is completely offer for sale. Talking in the gray market, there is no activity about its shares at the moment. However, according to market experts, instead of the signals received from the gray market, the decision to invest on the basis of fundamentals and financials of the company.
Introduction : Travel Food Services IPO
IPO (Initial Public Offering) is an important event in the Indian stock market, providing new opportunities for investors. Recently, Travel Food Services – TFS has announced its IPO, which has caught the attention of markets and investors. The company is connected to travel and food sector, which runs food courts, retail outlets and other facilities on airports, railway stations and highways.
In this article, we will discuss in detail about the travel food services IPO, which will include the company’s business model, IPO details, advantages, risks and suggestions for investors.
Travel Food Services : Company’s brief introduction about the company
The Travel Food Services made in the year 2007 is the Indian Airport Travel Quick Service Restaurant (Travel QSR) and Lounge. Its F&B (Food and Beverages) brand portfolio has 117 partners and in-house brands. According to the company’s claim, it is running the largest network of QSR outlet and airport travel QSR in India. Its 413 outlets are running in India, out of which 384 are at the airports and the rest are on highways.
According to details till June 2024, its travel QSR and Lounge Business are running at 14 airports in Malaysia and 1 airport in Hong Kong. It has 37 lounges in these three countries, out of which 28 private airport lounges are in India, through which it is running the largest network at 10 airports in the country. Its business in India is running at Delhi Airport, Mumbai Airport, Bangalore Airport, Hyderabad Airport, Kolkata Airport and Chennai Airport. According to details till June 2024, the company has been at Delhi Airport for 14 years, for 15 years at Mumbai Airport, 5 years at Bangalore Airport and 11 years at Chennai Airport.
Talking about the financial health of the company, it has been strongly strengthened. In FY 2023, it made a net profit of ₹ 251.30 crore, which jumped in the next financial year 2024 to ₹ 9.99 crore and in FY 2025 to ₹ 379.66 crore. During this period, the company’s revenue increased to ₹ 1,762.71 crore from the compound rate (CAGR) of more than 26% annually.
More returns get more returns in these IPOS! 218 IPOS investigations in 5 years revealed the return of shares of data of data pe funds, listing day returns also less
Travel Food Services IPO : Who is participating together
Travel Food Services (TFS) is a major travel retail and food service provider, which was established in 2006. The company provides its services on India’s major airports, railway stations and highways. TFS near many big brands like
– Café Coffee Day
– Burger King
– Haldiram’s
– Baskin Robbins
There is partnership with etc.
Business model
The main business model of TFS is based on travel retail and food services. This company provides the following services:
1. Food Courts and Restaurants – at Airport and Railway Station.
2. Retail outlets – sales of snacks, beverages and other essential goods.
3. Travel Services – Booking Counter, Lounge Access etc.
Company’s financial performance
TFS has recorded stable growth over the years. Below are some major financial figures:
Year | Revenue (Crore ₹) | Pure benefits (crores ₹) |
2021 | 450 | 25 |
2022 | 520 | 35 |
2023 | 600 | 45 |
It is clear from this data that the company’s revenue and profits are constantly increasing, which is a positive sign for investors.
Travel Food Services IPO : Details
Travel food services look at the market point of view in IPO details. In the IPO of ₹ 2,000.00 crore of travel food services, you will be able to invest a price band of ₹ 1045-₹ 1100 and 13 shares of lots. Employees will get a discount of ₹ 104 on every stock. The issue will open on 7 July and will close on 9 July. 50 per cent of the issue is reserved for qualified Institutional Buyers (QIB) while 15 per cent is reserved for non-institutional investors (NII) and 35 per cent for retail investors. The allotment of shares under IPO will be finalized on 10 July. Then there will be an entry on BSE and NSE on 14 July. The registrar of the issue is MUFG Inteime (Link Inteime).
No new shares will be released under this IPO, 1,81,81,818 shares with just ₹ 1 face value will be sold under offer for cell window. Offer for sale money will get the shareholders selling share. Since new shares are not being released under the issue, the company will not get the IPO money.
Main information of IPO
– IPO Size: ₹ 800-1000 Crore (Estimated)
– Price Band: ₹ 200-250 per share
– Listing: BSE and NSE
– Allocation: QIB (50%), NII (15%), Retail (35%)
Use of IPO money
The company will use the fund -raised funds for the following objectives:
1. Extension to open new outlets.
2. Upgradation of existing outlets.
3. To repay the loan.
4. For corporate activities.
IPO date and procedure
– Book Building Tithi: October-November 2023 (Estimated)
– Listing date: DRHP will be announced after release.
Benefits of investment in travel food services IPO
1. Strong Business Model
The business model of TFS is based on travel and food industry, which is always in growth.
2. Partnership with big brands
The company has tie-ups with large F&B brands, which ensure stable revenue.
3. Increasing travel sector in India
There is a possibility of further expansion in the TFS business, with an increase in airport and railway travel.
Travel Food Services IPO : Risk and challenges
1. Competition
Competition is increasing from Jomato, Swiggy and other food delivery platforms.
2. expensive lease rental
The lease of space at the airport and railway stations is expensive, which can increase the cost.
3. Effect of economic recession
Economic lethargy can reduce the expenditure on travel and catering.
Suggestions for investors
– Long-Term Investment: TFS’s business model is stable, so invest for long periods.
– Research before IPO: Understand the company’s financials and market trends.
– Diversify portfolio: Do not depend on just one IPO, invest in other stocks as well.
Often asked questions (FAQ) : Travel Food Services IPO
1. When is travel food services IPO coming?
The estimated date is October-November 2023, but wait for the official announcement.
2. Is this IPO good for investment?
Yes, if you are a mid-to-long term investor then this can be a good option.
3. How to apply in IPO?
You can apply from your bank or demat account through ASBA.
4. Does this IPO have gray market premium?
Gray market premium can be seen before listing, indicating investors.
5. How is the company’s previous performance?
The company has registered an increase in revenue and profits in the last 3 years.
Conclusion : Travel Food Services IPO
Travel Food Services IPO presents an exciting investment opportunity in the Indian stock market. The company’s strong business model and growing demand in the travel sector make it attractive. However, complete your research before investment and understand risks.
If you are a long-term investor, this IPO may be worth induction in your portfolio.
Travel Food Services IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: travelfood.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Company Address
Travel Food Services Limited
Block-A South Wing 1st Floor,
Shiv Sagar Estate, Dr. Annie Besant Road
Worli,
Mumbai, Maharashtra, 400018
Phone: +91 22 4322 4322
Email: cs@travelfoodservices.com
Website: https://www.travelfoodservices.com/
Disclaimer :
The information here is being given only for information. It is important to tell here that the investment in the market is subject to risks. Always consult the expert before investing money. There is never advisable to put money from anybody from Usstockwatch.com.