Markets / IPO / Travel Food Services

Travel Food Services IPO

Updated 20:52

Mainboard IPO on NSE and BSE · Restaurants

Status

Listed

Price band

₹1,045–1,100

Lot size

13 shares · ₹14,300

Subscribed

2.88×

How it listed

Issue price

₹1,100

Listing price (open)

₹1,125.00 +2.27%

First-day close

₹1,074.80 -2.29%

Price now

₹1,174.80 +6.80%

Listing day	14 Jul 2025
Open / high / low / close	₹1,125.00 / ₹1,130.00 / ₹1,066.00 / ₹1,074.80
Shares traded on NSE	49,42,773
Market value at the listing-day close	₹14,153 cr

Closing prices since listing: 26 Oct ₹1,139.90, 27 Oct ₹1,135.50, 28 Oct ₹1,141.60, 29 Oct ₹1,148.50, 30 Oct ₹1,152.50, 2 Nov ₹1,167.40, 3 Nov ₹1,152.60, 4 Nov ₹1,166.20, 5 Nov ₹1,186.70, 6 Nov ₹1,178.00.

Travel Food Services share price, live chart and technicals →

Key dates

Bidding opens	7 Jul 2025
Bidding closes	9 Jul 2025
Allotment	10 Jul 2025
Refunds and shares in demat	11 Jul 2025
Listing	14 Jul 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	54,43,635	28.87%	–
Institutions (QIB)	38,20,095	20.26%	–
HNI / NII	28,65,072	15.19%	–
HNI, above ₹10 lakh	19,10,048	10.13%	2,098
HNI, ₹2–10 lakh	9,55,024	5.06%	5,247
Retail	66,85,168	35.45%	5,14,243
Employees	42,507	0.23%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	13	₹14,300
Retail (maximum)	13	169	₹1,85,900
Small HNI (minimum)	14	182	₹2,00,200
Small HNI (maximum)	69	897	₹9,86,700
Big HNI (minimum)	70	910	₹10,01,000

At ₹1,100 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Every valid retail application should get shares. The retail portion was subscribed 0.69×.

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	38,20,095	2,93,98,278	7.70×
HNI / NII	28,65,072	45,36,662	1.58×
HNI, above ₹10 lakh	19,10,048	33,28,143	1.74×
HNI, ₹2–10 lakh	9,55,024	12,08,519	1.27×
Retail	66,85,168	46,27,506	0.69×
Employees	42,507	73,320	1.72×
Total	1,34,12,842	3,86,35,766	2.88×

NSE and BSE bids together, as of 9 Jul 2025 19:00.

Demand at each price

Top price ₹1,100	344.36 lakh shares	89.1%
Cut-off final price, whatever it is; mostly retail	40.35 lakh shares	10.4%
Lower prices ₹1,045–1,099	1.85 lakh shares	0.5%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	4 Jul 2025
Anchor shares	54,43,635
Raised from anchors	₹598.80 cr
Lock-in ends for the first 50% (30 days)	8 Aug 2025
Lock-in ends for the remaining 50% (90 days)	7 Oct 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹14,485 cr	₹15,470 cr
P/E (last 12 months' profit)	30.4	32.5

Revenue, last 12 months	₹1,725 cr
Profit, last 12 months	₹476 cr
Return on equity	33.0%
Debt to equity	0.00

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

IPO details

Price band	₹1,045–1,100
Final issue price	₹1,100
Lot size	13 shares
Minimum investment	₹14,300 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	Re.1 per Equity Share
Industry	Restaurants
Issue size	₹2,000.00 crore (about 1.82 crore shares) · Offer for sale only
ISIN	INE103V01028
Registrar	MUFG Intime India Private Limited Helpline: +91 81 0811 4949, travelfood.ipo@in.mufg.com
Lead managers	Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, Batlivala and Karani Securities India Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 10 Jul 2025. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Travel Food Services IPO price band and lot size?

The price band is ₹1,045–1,100 per share, and one lot is 13 shares (₹14,300 at the upper price).

When is the Travel Food Services IPO allotment date?

Allotment was finalised on 10 Jul 2025, the next working day after bidding closed on 9 Jul 2025.

How many times was the Travel Food Services IPO subscribed?

In total 2.88 times, on NSE and BSE together; retail 0.69 times.

What is the Travel Food Services IPO listing date?

It listed on 14 Jul 2025 on NSE and BSE.

What is the chance of getting Travel Food Services IPO shares?

The retail portion was not oversubscribed, so every valid retail application should get shares.

When does the Travel Food Services anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 8 Aug 2025 and the 90-day lock-in on the rest ends on 7 Oct 2025; they can sell from the next trading day.

What was the Travel Food Services listing gain?

It opened at ₹1,125.00 against an issue price of ₹1,100, a gain of 2.27%. It is now up 6.80% from the issue price.