The allotment status for the Travel Food Services IPO is expected to be finalised today, Thursday, July 10, 2025, following a steady investor response during the three-day subscription window that closed on Wednesday. The Rs 2,000 crore public issue was oversubscribed by 2.88 times, largely led by strong demand from institutional investors.

How to check allotment status
Once the basis of allotment is finalised, investors can check their status on the official websites of the BSE, NSE, or MUFG Intime India (erstwhile Link Intime), the registrar for the IPO.

Subscription details

The IPO was offered in a price band of Rs 1,045–1,100 with a lot size of 13 shares. The issue received bids for 1.34 crore shares against 3.86 crore shares on offer, as per BSE data.

The qualified institutional buyers (QIBs) segment saw the highest interest, with an oversubscription of 7.70 times.

Non-institutional investors (NIIs) subscribed 1.58 times their quota.

Retail investors subscribed 0.69 times, reflecting a weaker response from the retail segment.

Grey market premium signals flat listing

In the grey market, unlisted shares of Travel Food Services were trading at around Rs 1,100, which is also the upper end of the IPO price band, suggesting a grey market premium (GMP) of nil. While GMP trends indicate a muted listing, market experts caution that grey market activity is unofficial and may not reliably predict actual listing performance.

Listing date and company background

Shares of Travel Food Services are scheduled to list on the BSE and NSE on Monday, July 14, 2025. The company operates a wide network of airport quick service restaurants (QSRs) and lounges, with 397 outlets across 14 airports in India and three in Malaysia. Major locations include Delhi, Mumbai, and Bengaluru, where the company offers curated food and beverage concepts catering to airport travellers.