The Travel Food Services IPO will open for subscription on July 3, 2025, and close on July 7, 2025. It is a Book Built Issue through which the company plans to raise approximately ₹2,000 crores. This includes a fresh issue of ₹[.] crores and an offer for sale of up to [.] equity shares, each with a face value of ₹1.

The IPO price band is set at ₹[.] to ₹[.] per share. Allocation for the IPO is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares are expected to be listed on the BSE and NSE on July 10, 2025, with allotment finalized on July 8, 2025.

For the financial year 2024, the company posted a revenue of ₹1,462.29 crores, up from ₹1,103.58 crores in 2023. Net profit also increased to ₹298.02 crores in 2024 from ₹251.30 crores in the previous year. Given its strong financial performance, the IPO appears suitable for long-term investment.

About Travel Food Services IPO

Established in 2007, Travel Food Services Limited is a leading player in India’s airport-based travel quick service restaurant (Travel QSR) and lounge segments. The Travel QSR division offers a diverse selection of food and beverage options across various cuisines, brands, and formats, tailored to meet the specific needs of each client. The company operates 397 Travel QSR outlets across India and Malaysia, featuring a mix of 117 in-house and partner brands. Its lounge segment caters to premium travelers, including first and business class passengers, airline loyalty members, and select credit or debit card holders, by offering exclusive spaces within airport terminals. As of June 30, 2024, the company's Travel QSR and Lounge services are present in 14 Indian airports—such as those in Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, and Chennai—as well as in 3 Malaysian airports.

Objects of the Issue (JNK India IPO Objectives)

• To be updated soon

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• Canara Bank
• DRChoksey FinServ
• Emkay Global
• Hem Securities
• IDBI Capital
• Marwadi Shares
• Nirmal Bang
• SBICAP Securities
• Sharekhan
• SMC Global
• Sushil Finance
• Swastika Investmart
• Ventura Securities
• Geojit
• Reliance Securities
• Capital Market
• BP Wealth
• ICICIdirect
• Choice Broking

Travel Food Services IPO Company Financial Report

Travel Food Services IPO Company Financial Report