31 Mar 2023
Assets1,332.32
Total Income1,103.58
EBITDA458.05
Profit After Tax251.30
NET Worth651.12
Reserves and Surplus651.60
Total Borrowing31.05
At a glance
Updated 2026-08-24The shares listed at ₹1,125.00, a 2.27% move from the issue price. Travel Food Services is a Mainboard IPO with an issue size of ₹2,000.00 crore, proposed for listing on BSE, NSE. The offer opens on 7th Jul 2025 and closes on 9th Jul 2025. The issue structure includes an offer-for-sale component of ₹2,000.00 crore. The current listing schedule points to 14th Jul 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹2,000.00 Cr
Offer for sale₹2,000.00 Cr
Face value₹1
Price band₹1,045.00–₹1,100.00
Allotment10th Jul 2025
Listing14th Jul 2025
Listing performance
Full performance ↗Issue price₹1,100.00
Listing price₹1,125.00
Current price—
Listing gain2.27%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹25.00
GMP / upper price2.27%
Est. listing₹1,125.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th Jul 2025
Closes9th Jul 2025
Allotment10th Jul 2025
Refund11th Jul 2025
Demat11th Jul 2025
Listing14th Jul 2025
Subscription demand
Full bidding ↗Total3.03×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 13 | ₹14,300 |
Company
Incorporated2007
Financials
Full financials ↗31 Mar 2024
Assets1,696.44
Total Income1,462.40
EBITDA549.99
Profit After Tax298.12
NET Worth869.05
Reserves and Surplus869.74
Total Borrowing63.78
31 Mar 2025
Assets1,902.73
Total Income1,762.71
EBITDA676.35
Profit After Tax379.66
NET Worth1,048.45
Reserves and Surplus1,040.24
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 35.47% |
| ROCE | 51.40% |
| RoNW | 34.64% |
| PAT Margin | 21.54% |
| EBITDA Margin | 40.07% |
| Price to Book Value | 13.82 |
Valuation & shareholding
Pre-IPO EPS28.83
Post-IPO EPS28.83
Pre-IPO P/E38.15
Post-IPO P/E38.15
Promoter holding pre100%
Promoter holding post86.19%
Market cap₹14484.74 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees and commissions payable to the Book Running Lead Managers (including any underwriting commission, brokerage and selling commission) | ₹43.66 Cr |
| Advertising and marketing expenses | ₹9.06 Cr |
| Fees payable to the Registrar to the Offer | ₹0.14 Cr |
| Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs(1) | ₹5.31 Cr |
| Printing and distribution of Offer stationery | ₹1.65 Cr |
| Listing fees, SEBI filing fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | ₹10.89 Cr |
| Fees payable to other intermediaries to the Offer, including but not limited to Statutory Auditor, independent chartered accountant, practicing company secretary and industry data provider | ₹12.29 Cr |
| Fee payable to legal counsels | ₹16.35 Cr |
| Miscellaneous | ₹5.77 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.