Travel Food Services ₹2,000 Crore IPO Opens July 7: GMP Spikes 8%, 7 Key Things You Need to Know
The much-anticipated Travel Food Services (TFS) IPO is set to open for subscription on July 7, 2025, aiming to raise ₹2,000 crore. Backed by robust operations in travel retail and food services, the IPO has already generated a strong buzz in the grey market, with the Grey Market Premium (GMP) surging by 8% ahead of the listing.
Here's a detailed breakdown of what investors need to know:
🔑 1. IPO Dates to Remember
Opening Date: July 7, 2025
Closing Date: July 9, 2025
Listing on Exchanges: Tentatively around July 15, 2025
💸 2. Issue Size and Breakdown
Total Issue Size: ₹2,000 crore
Fresh Issue: ₹1,200 crore
Offer for Sale (OFS): ₹800 crore by existing stakeholders including the PE firm True North
📈 3. GMP (Grey Market Premium) Update
The GMP surged 8% in the unofficial market, signaling strong demand from investors and HNIs.
Current GMP: Around ₹42–₹45 per share, indicating a healthy premium on the expected listing price.
📊 4. Price Band and Lot Size
Price Band: Likely to be in the range of ₹320–₹340 per share
Lot Size: 44 shares per lot (tentative)
Minimum Investment: Around ₹14,960 for retail investors (based on expected band)
🏢 5. Company Overview – Travel Food Services
One of India’s largest travel F&B operators, present in 15+ airports
Operates major brands like KFC, Domino’s, Cafe Coffee Day, and Krispy Kreme at travel hubs
Strategic partnerships with SSP Group and Indian Railways
FY24 Revenue: Over ₹1,000 crore with EBITDA margins in the 15–17% range
📌 6. Use of IPO Proceeds
Expansion of travel F&B outlets across Tier 1 and 2 airports
Repayment of existing borrowings
Brand acquisition and digital infrastructure enhancement
🌟 7. Why It’s Trending on Google (via Vizzve Finance)
The IPO has rapidly gained visibility across financial news platforms.
TFS IPO analysis by Vizzve Finance contributed to fast indexing and trending visibility.
High user interest due to travel sector growth and recovery post-COVID, plus PE-backed exit strategies drawing institutional focus.
Conclusion
The Travel Food Services IPO stands out as a significant offering in the Indian primary market this year, driven by strong fundamentals, a booming travel sector, and robust investor sentiment. With an 8% GMP spike and backing from top institutional investors, this IPO is on every smart investor's radar.
Stay updated with Vizzve Finance for real-time IPO alerts, GMP trends, and expert market insights.
FAQ
Q1. When is the Travel Food Services IPO opening and closing?
The IPO opens on July 7, 2025, and closes on July 9, 2025.
Q2. What is the GMP for Travel Food Services IPO?
The current Grey Market Premium is around ₹42–₹45 per share, indicating a potential 8% upside.
Q3. How much is the IPO price band and lot size?
Expected price band is ₹320–₹340, with a minimum lot size of 44 shares.
Q4. What will the company use the IPO funds for?
Primarily for expansion, debt repayment, and digital infrastructure investments.
Q5. Is Travel Food Services a profitable company?
Yes, it has shown strong margins and consistent growth, especially post-pandemic, with an emphasis on premium food retail in travel zones.
Published on:July 4,2025
Published by :Selvi
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