Travel Food Services IPO Date, Price, GMP, Review, Details

Travel Food Services Limited is gearing up for its stock market debut, a prominent food services company based in Mumbai with robust financials and a strong growth trajectory. Travel Food Services Limited operates in the food services and catering space, serving various sectors including railways, airlines, and institutional catering across India. The IPO price is ₹1,100 per equity share, with a likely listing premium of 8.36%. There is significant interest among retail and institutional investors regarding the gmp of Travel Food Services Limited ipo and market watchers are closely following other food sector IPO listings.

IPO Dates for Travel Food Services Limited

The Travel Food Services Limited IPO is scheduled to open on July 13, 2025, and close on July 9, 2025. The Board of Allotment (BoA) date is expected to be announced by July 10, 2025, with listing planned for July 14, 2025.

IPO Details Summary

Investors are closely monitoring the gmp of Travel Food Services Limited ipo, which currently shows moderate demand ahead of listing. This IPO is also part of the growing Travel Food Services Limited IPO list on the BSE platform.

About Travel Food Services Limited

Travel Food Services Limited is a niche food services company with headquarters in Mumbai, Maharashtra. The company operates in the food services providing food solutions in various sectors within the food services and catering ecosystem; for example railway catering (Travel Food Services), airline catering (Travel Food Services) and institutional food services (Travel Food Services and Travel Food Services Limited). As a food solutions company in the commercial heart of Mumbai, the company is able to connect to a variety of transport networks and distribution channels, therefore, avoiding costs associated with transport and linking to a growing food services ecosystem in India. This enables the company to capitalize on opportunities with respect to the growing food services process given the movement to organized food services in India. 

Travel Food Services Limited is a food service company which has evolved into hunger solution provider, food service providers, food contracting and food services provider with related hospitality services. The company has developed the operational expertise in food production, supply chain management food service business, customer service and quality assurance in the competitive food services landscape with dynamic scale and food sector players. The company is using all its experiences in the quick service and custom food service sector to respond to the appetite for organized food services.

The company is seeking to raise ₹2000.00 crores from the IPO through a 100% fresh issue. Proceeds from the IPO will be used to provide working capital, expand their operational capabilities from the growing demand, fund infrastructure development, and strengthen operational infrastructure across all business verticals. Due to the interest from investors displayed in the Travel Food Services Limited IPO GMP, market sentiment supports a positive outlook for investment in the organized food services sector. The Travel Food Services Limited ipo subscription status is expected to reflect strong investor confidence when the IPO opens.

Financial Performance of Travel Food Services Limited

The company has demonstrated exceptional financial performance with consistent growth across key metrics:

Performance Analysis

Travel Food Services Limited has shown great growth with total assets increasing steadily from ₹1,056.49 crores in FY22 to ₹1,771.16 crores as of Jun-24 which is very good growing business. Revenues have increased significantly from ₹441.66 crores post FY22 to ₹1,462.29 crores during Jun-24 indicating good level of market acceptance of their offering and developing their business. The improvement in profit after tax has skyrocketed from ₹5.03 crores to ₹298.02 crores since FY22 which indicates greater operational efficiency and improvement in margins. 

The EBITDA has improved from ₹140.27 crores to ₹549.89 crores, which indicates and great operational leverage in the business and certainly show positive indications that they are managing their costing appropriately. Net worth has substantially increased from ₹406.51 crores in FY22 to ₹851.83 crores by Jun-24 which shows they have a very good financial foundation and opportunity for continued growth. I expect Travel Food Services Limited has a healthy balance sheet and reasonable borrowing to be a decisive factor in the overall positive sentiment reflected in the Travel Food Services Limited IPO GMP today. 

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines for main board listings:

Know Before Investing

Strengths

Growth Profile:
Very impressive growth profile where total assets increased from ₹1,056.49 crores to ₹1,771.16 crores illustrates outstanding capacity for business scaling.

Revenue Growth:
Revenue increased from ₹441.66 crores to ₹1,462.29 crores indicates the company's capacity to dramatically scale its market position and number of customers competing within the food services industry.

Profitability:
Dramatic increase in profit after tax from ₹5.03 crores to ₹298.02 crores reveals fantastic operational efficiencies and management execution.

EBITDA Growth:
EBITDA increased from ₹140.27 crores to ₹549.89 crores illustrates excellent cost management and substantial operational leverage.

Balance Sheet:
Total adjusted net worth increased from ₹406.51 crores to ₹851.83 crores alongside a manageable amount of debt, illustrating a strong business model that can sustain its financial growth rate.

Strategic Mumbai Location:
Being located in Mumbai provides strong access to transportation systems, financial markets, and business opportunities throughout all of India.

Established Position:
Strong market presence in railway catering (125 trains across more than 350,370 routes), airline catering (over 60.5 million flights), and institutional catering services provides diversification in revenue and market stability.

Growing Opportunity:
Capturing a growing market as India's travel sector expands alongside growing urbanization with increasing demand for food services through sustained growth of well-organized food services.

Risks

Dependence on Sector:
Company has significant dependence on two sectors (transportation and travel), which increases vulnerability from travel industry fluctuations and economic downturns.

Regulations Impact:
Food services industry is impacted by multiple food safety, hygiene, and quality regulations, which increases operational costs and operational risks.

Competition from Established Players:
Competition in food services is hotly contested; many domestic and international established players have advantages in terms of resources and market presence.

Supply Chain Risks:
Heavy reliance on agricultural commodities exposes the business to operational scale risks and supply chain disruptions.

Contract Renewals:
The business is extremely reliant on renewing contracts with long-standing clients like railways and airlines, which exposes the business to revenue erosion risks if contracts are not successfully renewed.

Quality Control Problems:
Food safety risks in mass food service are numerous; maintaining quality standards is essential for securing and renewing major contracts.

Seasonal Variances:
Revenue patterns determined by travel and food service will fluctuate seasonally, which may negatively affect financial results from quarter to quarter.

How to Apply for Travel Food Services Limited IPO?

Step-by-step guide (when IPO opens):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)
2. Navigate to the IPO section and select Travel Food Services Limited IPO
3. Click "Apply"
4. Enter:
   • Lot size (as per minimum requirement)
   • Bid price (₹1,100 or select Cut-Off)
   • Your UPI ID
5. Submit the application
6. Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The mandate must be approved before 5 PM on the same day or before the IPO closes.

How to Check Travel Food Services Limited IPO Allotment Status?

You can check the Travel Food Services Limited IPO allotment status through BSE and the registrar portal once the IPO opens.

Check on BSE

• Visit the BSE official website
• Navigate to the IPO Allotment Section
• Select Travel Food Services Limited IPO
• Enter PAN number or application number
• Submit details to get the Travel Food Services Limited IPO BSE allotment status

Check on the Registrar Portal

• Visit MUFG Intime India Private Limited's website
• Select IPO allotment status
• Choose Travel Food Services Limited IPO
• Enter PAN or application number
• Submit to check status

Company Address

Name: Travel Food Services Limited
Address: Block-A South Wing 1st Floor, Shiv Sagar Estate, Dr. Annie Besant Road Worli, Mumbai, Maharashtra, 400018
Phone: +91 22 4322 4322
Email: cs@travelfoodservices.com
Website: www.travelfoodservices.com

IPO Registrar

Name: MUFG Intime India Private Limited - Link Intime
Address: MUFG Intime India Private Limited (Link Intime), Link Intime India Private Ltd, C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
Phone: +91 22 4918 6270
Email: travelfood.ipo@linkintime.co.in
Website: in.mpms.mufg.com/Initial_Offer/public-issues.html

Conclusion

The Travel Food Services Limited IPO is a lucrative avenue for investors looking for exposure in India's advancing food services and hospitality space. The company has exhibited outstanding financials with revenue increasing to ₹1,462.29 crores, improving profitability in an impressive manner, and delivered compelling operational capacities and market leadership position. At a price of ₹1,100 per share and an issue size of ₹2000.00 crores, the IPO is your chance to gain entry into an established and advancing space. You should also note that the Travel Food Services Limited IPO GMP of 8.36% indicates that investors mildly favoured the IPO and market conditions are well applied. 

The company is situated in Mumbai, arguably the commercial hub of India, and is favourably located with excellent links to transport networks and commercial activities. The company's diversified catering services in railway catering, airline catering, and institutional food services gives it the potential to mitigate revenue risks and provides opportunity for growth. The business does face risks specific to the sector that could affect overall revenues and growth. However, with outstanding financial performance and a history of performance in the market arising with an opportunity that might have come with a strong operational track record, Travel Food Services Limited is a quality option for investors wanting exposure to the organized food services sector.

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Disclaimer: This analysis is prepared for educational purposes only and should not be considered as financial advice. Investors should consult their financial advisors and conduct thorough research before making investment decisions. Investments in equity markets are subject to market risks, including volatility and sector-specific challenges.

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