246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Travel Food Services Limited

Mumbai

Date of DRHP : 10 Dec 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Travel Food Basic Details

   Hotels and Resorts - QSR

Sub Sector: Indian airport travel quick service restaurant (“Travel QSR”) and lounge (“Lounge”)

About the Company

They are the leading player in the fast-growing Indian airport travel quick service restaurant (“Travel QSR”) and lounge (“Lounge”) sectors based on revenue in Fiscal 2024, according to the CRISIL Report. TheirTravel QSR business comprises a range of curated food and beverage (“F&B”) concepts across cuisines, brands and formats, which have been adapted to cater to customers’ demands for speed and convenience within travel environments. They utilise our F&B brand portfolio, comprising 117 partner and in-house brands, in the operation of 397 Travel QSRs across India and Malaysia, as of June 30, 2024. TheirTravel QSRs are predominantly situated within airports, with select outlets in highway sites. Their Lounge business comprises designated areas within airport terminals, accessible primarily by first and business class passengers, members of airline loyalty programmes, select credit card and debit card holders and members of other loyalty programmes. They had 31 Lounges across India and Malaysia, as of June 30, 2024. In addition, a new Lounge was opened in Hong Kong in July 2024

Financial Summary (Annualised Basis)

Revenue :
1700.80 Cr.

PAT :
238.00 Cr.

Travel Food DRHP Details

Objects of issue

  • to carry out the Offer for Sale of up to
  • Equity Shares bearing face value ₹1 aggregating up to ₹20,000.00 million by the Promoter Selling Shareholder
  • achieve the benefits of listing the Equity Shares on the Stock Exchanges. For further details of the Offer

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Travel Food Services Limited

 MainBoard IPO

  Mumbai


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FAQs

Travel Food Services operates in Hotels and Resorts - QSR and Indian airport travel quick service restaurant (“Travel QSR”) and lounge (“Lounge”). The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Travel Food Services is Book Building Process and Object of issue is

  • to carry out the Offer for Sale of up to
  • Equity Shares bearing face value ₹1 aggregating up to ₹20,000.00 million by the Promoter Selling Shareholder
  • achieve the benefits of listing the Equity Shares on the Stock Exchanges. For further details of the Offer

The DRHP (Draft Red Herring Prospectus) of Travel Food Services IPO was filed on 10 Dec 2024.

No, Travel Food Services IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Travel Food Services are not available now. You can apply in Travel Food Services IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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