Stay updated on Travel Food Services IPO GMP today, its subscription status, price band, listing details, and expert recommendations. Should you invest
📌 Overview:
Travel Food Services Ltd., one of India’s largest travel F&B operators, has launched its much-anticipated IPO. With operations across 19 airports, 4 railway stations, and over 300 outlets, TFS aims to raise capital for expansion and debt repayment.
📈 IPO Details:
IPO Open Date: July 10, 2025
IPO Close Date: July 12, 2025
Issue Size: ₹900 crore (Fresh Issue + OFS)
Price Band: ₹193 – ₹202 per equity share
Lot Size: 74 shares
Minimum Investment: ₹14,948 (1 lot)
Listing on: NSE & BSE
Tentative Listing Date: July 17, 2025
💰 GMP (Grey Market Premium) Update:
Today’s GMP: ₹34
Estimated Listing Price: ₹236
Listing Gain (Expected): 16.8%
Grey Market trends suggest moderate demand for TFS shares. However, volatility remains due to sector-specific challenges.
📊 Subscription Status (As of July 11, 2 PM):
Overall: 3.21x
Retail: 2.12x
QIB: 4.55x
NII: 2.79x
🍱 Business Model Highlights:
Exclusive tie-ups with international brands like KFC, Domino’s, Starbucks at travel hubs
High footfall & captive audience = strong revenue
Pre-order & digital kiosk model gaining traction
Sector: Travel + Food = fast recovery post-pandemic
📉 Risks to Consider:
Revenue dependent on travel footfall
High operating costs at airports
Competitive F&B landscape
Short-term listing gains may be limited due to premium valuation
🧠 Expert Recommendation:
Anand Rathi: Subscribe with caution; long-term growth potential but premium pricing.
Motilal Oswal: Apply for listing gains.
Cholamandalam Securities: Watch GMP trend; fundamentals solid but not undervalued.
✅ Should You Apply?
If you believe in the travel sector’s growth post-pandemic and want a slice of India’s F&B-at-transit-points dominance, this IPO may be worth considering — particularly for long-term returns.
❓ FAQs
Q1. What is Travel Food Services IPO GMP today?
A: The GMP is ₹34 as of July 11, 2025.
Q2. Is Travel Food Services a profitable company?
A: Yes, with a solid EBITDA margin and operational scale across 300+ outlets.
Q3. What is the expected listing price of TFS IPO?
A: Based on GMP, approx. ₹236 per share.
Q4. Should I apply for the IPO?
A: For short-term gains, proceed with caution. Long-term investors may find more value.
⚠️ Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Please consult with a SEBI-registered advisor before investing.
