Travel Food Services IPO allotment is expected to be finalized on Thursday, July 10, 2025. Investors can check their status on the official websites of BSE, NSE, or MUFG Intime India. The IPO received a muted response, oversubscribed by nearly 3 times. Shares are scheduled to list on July 14, 2025. The grey market premium (GMP) remains nil at ₹1,100 per share, the upper end of the issue price.
Title: Travel Food Services IPO: Allotment Status and Listing Details
The allotment status for the Travel Food Services IPO is expected to be finalized on Thursday, July 10, 2025. Investors can check their status on the official websites of BSE, NSE, or MUFG Intime India. The IPO received a muted response, with nearly three times the shares oversubscribed. Shares are scheduled to list on July 14, 2025. The grey market premium (GMP) remains nil at ₹1,100 per share, which is the upper end of the issue price.
Travel Food Services IPO Allotment Status
The Travel Food Services IPO, which closed for subscription on Wednesday, July 9, 2025, received bids for 1,34,12,842 shares against the 3,86,35,766 shares offered. This led to an oversubscription of 2.88 times by the end of the subscription period, according to data available on the BSE [1].
Among the investor categories, the highest participation was from qualified institutional buyers (QIBs), who subscribed to 7.70 times the portion reserved for them. Non-institutional investors (NIIs) oversubscribed their category by 1.58 times, while retail investors subscribed at 0.69 times [1].
Grey Market Premium (GMP)
The unlisted shares of Travel Food Services were seen trading flat at around ₹1,100 per share, which is also the upper end of the issue price. This indicates that the grey market premium (GMP) of Travel Food Services IPO remains nil on Thursday, July 10 [1].
Listing Forecast
Shares of Travel Food Services are scheduled to list on the BSE and NSE on Monday, July 14, 2025. The current GMP trends suggest a lacklustre listing for the company’s shares. However, these estimates may vary as the grey market is unregulated, and GMP should not be considered a reliable indicator of performance [1].
About Travel Food Services
Travel Food Services operates airport travel quick service restaurants and lounges. The company manages 397 Travel QSRs across India and Malaysia, offering a range of curated food and beverage concepts. The company's operations span 14 airports in India and three airports in Malaysia, including major hubs like Delhi, Mumbai, and Bengaluru [1].
References
[1] https://www.business-standard.com/markets/news/travel-food-services-ipo-allotment-today-check-status-gmp-listing-date-125071000084_1.html
[2] https://m.economictimes.com/markets/ipos/fpos/travel-food-services-ipo-subscribed-27-on-day-3-check-gmp-and-other-details/articleshow/122336385.cms
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