Travel Food Services IPO Listing Today: What GMP Signals Ahead Of Market Debut On BSE, NSE
Travel Food Services IPO GMP: Travel Food Services IPO received an overall subscription of 2.88 times at the end of three-day subscription window closing.
Travel Food Services IPO Listing Today: Travel Food Services IPO is set for market debut on the exchanges today, Monday, July 14. Shares are expected to list on both BSE and NSE at 10:00 am. The grey market premium of IPO signals a flat listing or with marginal gain on the bourses.
Travel Food Services IPO received an overall subscription of 2.88 times at the end of three-day subscription window closing. The strongest response came from Qualified Institutional Buyers (QIBs), who subscribed their portion 7.70 times. The Non-Institutional Investors (NIIs) category was subscribed 1.58 times.
On the other hand, the Retail Individual Investors (RIIs) portion saw weaker demand, with only 0.69 times subscription, meaning it did not get fully booked. The employee segment saw a good response, getting subscribed 1.72 times, with most bids also coming in at the cut-off price.
The price band of the mainboard IPO, which aims to raise Rs 2,000 crore, has been fixed in the range of Rs 1,045 to Rs 1,100. The three-day IPO was opened between July 7 and July 9.
Travel Food Services, founded in 2007, operates 397 quick service restaurants (QSRs) and airport lounges across 17 airports in India and Malaysia, with a portfolio of 117 in-house and partner brands.
Travel Food Services IPO Listing Price Prediction, GMP
According to market observers, unlisted shares of Travel Food Services Ltd are currently trading at Rs 1,125 against its upper IPO price of Rs 1,100. It means a grey market premium or GMP of Rs 25, which is 2,27% over its issue price, indicating marginal gain listing.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
The allotment of Travel Food Services IPO was finalised on July 10, 2025.
Option 1: Check Allotment Status on MUFG Intime India (Registrar) Website
MUFG Intime India Private Limited is the official registrar for the Travel Food Services IPO. Follow these steps to check your allotment status:
Visit the Registrar's Website:
Go to the MUFG Intime India IPO allotment page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html.
From the dropdown menu labeled 'Please select company," choose Travel Food Services Limited.
Choose Your Search Option:
Select one of the following options to check your status:
Enter Details: Input the required details based on your selected option (e.g., your PAN number or application number).
Complete Verification: Complete the captcha verification (e.g., click 'I am not a robot" or enter the provided code).
Submit: Click the Submit button to view your allotment status. The screen will display whether shares have been allotted to you and, if so, the number of shares.
Option 2: Check Allotment Status on BSE Website
The Bombay Stock Exchange (BSE) provides a portal to check IPO allotment status. Here's how:
Visit the BSE Website: Go to the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx.
Select Issue Type: Under 'Issue Type," choose Equity.
Select Issue Name: From the dropdown menu under 'Issue Name," select Travel Food Services Limited.
Enter Details: Input either your Application Number or PAN Number.
Complete Verification: Click the 'I am not a robot" captcha box to verify your identity.
Submit: Click the Search button to view your allotment status. The status will appear on the screen, indicating whether you received shares and the quantity allotted.
Retail investors require a minimum capital of Rs 13,585 to apply for the IPO.
Travel Food Services IPO: Other Info
The IPO is entirely an offer for sale (OFS) of shares worth Rs 2,000 crore by promoter Kapur Family Trust. The offer includes reservations for subscriptions by eligible employees. Since the IPO is entirely an OFS, the company will not receive any funds from the issue and the proceeds will go to the selling shareholder.
It raised nearly Rs 600 crore from anchor investors, days before its IPO opening for public subscription.
Travel Food Services launched its first travel quick-service restaurant (QSR) outlet in 2009. It is promoted by SSP Group plc (SSP) and its affiliates SSP Group Holdings Ltd, SSP Financing Ltd, SSP Asia Pacific Holdings Ltd along with the Kapur Family Trust, Varun Kapur and Karan Kapur.
SSP, an FTSE 250 company listed on the London Stock Exchange, is recognised as a global leader in the Travel Food & Beverage (F&B) sector based on revenue in 2024, as per the Crisil report.
The Kapur Family Trust operates under the flagship brand K Hospitality, which oversees and invests in several hospitality and food service businesses, including Travel Food Services (collectively referred to as K Hospitality).
Headquartered in Mumbai, Travel Food Services' portfolio features a diverse selection of food and beverage (F&B) concepts, including fast food, cafes, bakeries, food courts and bars, primarily located in airports and some highway locations.
The company's presence spans 14 airports in India, including major hubs like Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai, as well as three airports in Malaysia, as of June 30, 2024.
Its QSR outlets are predominantly located within airports, with select locations along highways. It also operated 31 lounges in India and Malaysia as of the same date and expanded internationally by opening a new lounge in Hong Kong in July this year.
The international brands include renowned names such as KFC, Pizza Hut, Wagamama, Coffee Bean & Tea Leaf, Jamie Oliver's Pizzeria, Brioche Doree, Subway, and Krispy Kreme.
The regional Indian brands in its network feature popular chains such as Third Wave Coffee, Hatti Kaapi, Sangeetha, Bikanervala, Wow Momo, The Irish House, JOSHH, Adyar Ananda Bhavan and Bombay Brasserie.
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First Published:
July 14, 2025, 07:41 IST
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