travel food services limited IPO
IPO Overview
Travel food services limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹1045 to ₹1100 per share, and retail investors can apply with a minimum investment of ₹14.3K as per IPO guidelines.
The Travel food services limited IPO opens on 7 Jul 2025 and closes on 9 Jul 2025. The IPO allotment is expected to be finalized on 10 Jul 2025, and the equity shares are proposed to be listed on BSE, NSE on 14 Jul 2025.
Investors can refer to the Travel food services limited IPO RHP-DRHP for detailed information. The issue is managed by Kotak Mahindra Capital Company Limited,Hsbc Securities,Capital Markets Pvt Ltd,ICICI Securities Limited,Batlivala,Karani Securities India Private Limited as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
Travel QSR business comprises a range of curated food and beverage (“F&B”) concepts across cuisines, brands and formats, which have been adapted to cater to customers’ demands for speed and convenience within travel environments.
Travel Food Business Limited's lounge business comprises designated areas within airport terminals, accessible primarily by first and business-class passengers, members of airline loyalty programmes, select credit card and debit card holders and members of other loyalty programmes.
The company's Travel QSR and Lounge businesses are present in 14 airports in India and three airports in Malaysia, as of June 30, 2024. Such airports include the Delhi Airport, Mumbai Airport, Bengaluru Airport, Hyderabad Airport, Kolkata Airport, and Chennai Airport.
As of June 30, 2024, Travel Food Services were present in the Delhi airport for 14 years, the Mumbai airport for 15 years, the Bengaluru airport for 5 years and the Chennai airport for 11 years.
Competitve Strengths:
Leading player in the Travel QSR and Lounge sectors in Indian airports.
The diversified portfolio of partner F&B brands franchised from high-quality brand partners and in-house F&B brands.
Deep understanding of traveller preferences with a focus on delivering a quality customer experience.
Experienced management team, supported by our synergistic partnerships with SSP and K Hospitality.