Travel Food Services IPO Subscription Status: Subscribed 3.03x on Final Day

Travel Food Services' initial public offering (IPO) has demonstrated modest investor demand through its third and final day of subscription, with Travel Food Services' stock price set at ₹1,100 per share reflecting cautious market reception. The ₹2,000.00 crore IPO reached 3.03 times by 5:04:34 PM on day three, indicating restrained investor interest in this airport travel quick service restaurant operator incorporated in 2007.

Travel Food Services IPO qualified institutional buyers segment leads with solid 8.10 times subscription, whilst non-institutional investors demonstrate limited participation at 1.67 times and retail investors show subdued interest at 0.73 times, reflecting cautious investor sentiment in this airport F&B company.

Travel Food Services IPO subscription reached 3.03 times on day three, led by QIB (8.10x), NII (1.67x), and Retail Investors (0.73x). Total applications reached 2,19,089.

Subscription Status of Travel Food Services IPO:

Here are the subscription details for Travel Food Services IPO as of Day 3 (July 9, 2025, 5:04:34 PM):

Key Highlights - Day 3:

• Overall subscription reaching 3.03 times, a substantial increase from day two's 0.26 times
• QIB segment leading with robust demand at 8.10 times, dramatically surging from day two's 0.19 times
• NII segment demonstrating measured participation at 1.67 times, notably building from day two's 0.25 times
• Retail investors showing subdued interest at 0.73 times, improving from day two's 0.30 times
• Employee segment showing moderate participation at 1.81 times despite ₹104 discount offered
• Final day witnessed significant improvement in institutional participation
• Total applications reached 2,19,089, indicating measured investor participation for this mainboard IPO
• Cumulative bid amount reached ₹4,253.69 crores against the issue size of ₹2,000.00 crores

Travel Food Services IPO - Day 2 Subscription at 0.26 Times

Key Highlights - Day 2:

• Overall subscription improving to 0.26 times from day one's 0.11 times
• Retail investors showing gradual progress at 0.30 times, building from day one's 0.15 times
• NII segment demonstrating steady growth at 0.25 times, increasing from day one's 0.07 times
• QIB segment showing measured improvement at 0.19 times, building from day one's 0.07 times

Travel Food Services IPO - Day 1 Subscription at 0.11 Times

Key Highlights - Day 1: 

• Overall subscription opening cautiously at 0.11 times, showing limited initial investor interest
• Retail investors leading early participation at 0.15 times, indicating modest retail sentiment
• QIB and NII segments demonstrating minimal early interest at 0.07 times each, reflecting wait-and-watch institutional approach
• Employee segment showing early interest at 0.39 times despite discount availability

About Travel Food Services Limited

Incorporated in 2007, Travel Food Services Limited is an Indian airport travel quick service restaurant and lounge operator. The company's F&B brand portfolio, comprising 117 partner and in-house brands, operates 397 Travel QSRs across India and Malaysia as of June 2024. The company's Travel QSR business comprises a range of curated food and beverage concepts across cuisines, brands and formats, adapted to cater to customers' demands for speed and convenience within travel environments, with presence in 14 airports in India and three airports in Malaysia, including major hubs like Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, and Chennai airports.