Today’s Travel Food Service IPO allocation; list is scheduled for July 14; learn more here
The distribution status of the Travel Food Services IPO is expected to be finalized today (Thursday, July 10, 2025) after a steady response in a three-day subscription window closed on Wednesday, July 10, 2025. Public issuances of Rs 200 billion were over 2.88 times, largely due to strong demand from institutional investors.
How to check the allocation status
Once the basis for the allocation is finalized, investors can view their status on BSE, NSE or MUFG Intime India (formerly Link Intime) (the registrar of the IPO).
Subscribe Details
The price band for the IPO is Rs 1,045-1,100, with a size of 13 shares. According to BSE data, the issue received bids of 134 million shares, with 38,60 million shares.
The highest interest in the Qualified Institutional Buyer (QIB) field, with overorders of 7.70 times.
Non-Institutional Investors (NIIS) subscribed to 1.58 times its quota.
Retail investors subscribed 0.69 times, reflecting a weak response from the retail sector.
Gray Market Advanced Signal Plane List
In the gray market, unlisted travel food service stocks traded around Rs 1,100, which is also the top end of the IPO price band, indicating the Grey Market Premium (GMP) for NIL. Although GMP trends indicate a listing trend, market experts warn that gray market activity is informal and may not be reliable in predicting actual listing performance.
Listing date and company background
The shares of Travel Food Services are scheduled to be listed on Monday, July 14, 2025 on BSE and NSE. The company operates an extensive network of airport Express Service Restaurants (QSRS) and lounges, India has 14 airports and 39 with 397 websites in Malaysia. Major locations include Delhi, Mumbai and Bangalore, and the company offers curated food and beverage concepts designed to cater to airport travelers.
