Travel Food Services IPO Date, Price, Details
Travel Food Services IPO open date is July 3, 2025 and the IPO will close on July 7, 2025. Travel Food Services IPO is a Book Build Issue. The company to raise around ₹2000 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to [.] equity shares with face value of ₹1 each.
Travel Food Services IPO price band is ₹[.] to ₹[.] per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Travel Food Services IPO to list on BSE, NSE on July 10, 2025. The allotment of Travel Food Services IPO date is July 8, 2025.
The company reported revenue of ₹1,462.29 crores in 2024 against ₹1,103.58 crore in 2023. The company reported profit of ₹298.02 crores in 2024 against profit of ₹251.30 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Travel Food Services IPO Market Lot Size
The minimum lot size for the Travel Food Services IPO is set at [.] shares, requiring an investment of ₹[.]. Retail investors are allowed to apply for up to 13 lots, amounting to a total of [.] shares and an application value of ₹[.].
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Travel Food Services IPO Details
IPO Open Date: | July 3, 2025 |
IPO Close Date: | July 7, 2025 |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹2000 Crores |
Offer for Sale: | Approx [.] Equity Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Travel Food Services IPO Valuation – FY2024 (KPI)
Explore key valuation metrics of the Travel Food Services IPO, including Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
KPI | Values |
ROE: | 36.57% |
ROCE: | 49.97% |
EBITDA Margin: | 39.38% |
PAT Margin: | 20.38% |
Debt to equity ratio: | – |
Earning Per Share (EPS): | ₹21.85 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 36.14% |
Net Asset Value (NAV): | ₹60.45 |
Travel Food Services IPO Company Financial Report
In the financial year 2024, the company posted a revenue of ₹1,462.29 crores, up from ₹1,103.58 crores in 2023. Net profit also saw growth, reaching ₹298.02 crores in 2024 compared to ₹251.30 crores in the previous year.
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹441.66 | ₹429.78 | ₹5.03 | ₹1,056.49 |
2023 | ₹1,103.58 | ₹824.21 | ₹251.3 | ₹1,332.32 |
2024 | ₹1,462.29 | ₹1146.72 | ₹298.02 | ₹1,623.39 |
June 2024 | ₹425.20 | ₹354.55 | ₹59.55 | ₹1,771.16 |
Travel Food Services IPO Dates
The Travel Food Services IPO date is July 3 and the close date is July 7. The Travel Food Services IPO allotment will be finalized on July 8 and the IPO listing on July 10.
IPO Open Date: | July 3, 2025 |
IPO Close Date: | July 7, 2025 |
Basis of Allotment: | July 8, 2025 |
Refunds: | July 9, 2025 |
Credit to Demat Account: | July 9, 2025 |
IPO Listing Date: | July 10, 2025 |
Promoters of Travel Food Services IPO
The promoters of the company are SSP Group plc, SSP Group Holdings Limited, SSP Financing Limited, SSP Asia Pacific Holdings Limited and Kapur Family Trust.
About Travel Food Services IPO
Established in 2007, Travel Food Services Limited is a leading player in India’s airport-based quick service restaurant (QSR) and lounge segments. Its QSR division offers a diverse selection of food and beverage choices across multiple cuisines and brand formats, thoughtfully tailored to meet the needs of individual clients. The company operates 397 QSR outlets across India and Malaysia, featuring a mix of 117 proprietary and partner brands. In the lounge segment, it provides exclusive spaces within airport terminals, catering to premium flyers such as business and first-class passengers, airline loyalty members, and select debit or credit cardholders. As of June 30, 2024, Travel Food Services had a presence at 14 major Indian airports — including those in Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, and Chennai — along with 3 international airports in Malaysia.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Jubilant FoodWorks Limited | 6.06 | 114.69 | 18.40 | 32.90 | 5,654.09 Cr. |
Devyani International Limited | 0.39 | 432.56 | 4.48 | 8.76 | 3,556.30 Cr. |
Sapphire Foods India Limited | 8.30 | 213.46* | 3.94 | 210.41 | 2,594.28 Cr. |
Westlife Foodworld Limited | 4.44 | 182.92 | 11.77 | 37.72 | 2,391.81 Cr. |
Restaurant Brands Asia Limited | (4.40) | NA | (34.78) | 12.65 | 2,437.10 Cr. |
Objects of the IPO
Repayment/prepayment of certain borrowings
Funding capital expenditure
General corporate purposes
Listing benefits and enhanced visibility
Merchant Bankers
- Kotak Mahindra Capital Company Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- ICICI Securities Limited
- Batlivala & Karani Securities India Private Limited
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: [email protected]
Website: https://www.travelfoodservices.com/
Travel Food Services IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
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