Travel Food Services IPO Subscription Status
Travel Food Services IPO closed on 9 July 2025 with an overall subscription of 3.03x based on shares applied. QIB demand came in at 8.10x, NII at 1.66x, and retail at 0.72x.
Allotment will be finalised on 10 July 2025. The stock is scheduled to list on NSE and BSE on 14 July 2025.
Issue Price
Rs 1,100.00
GMP Today
Rs 25.00 (+2.27%)
Overall Subscription
3.03x
Issue Size
₹2000.00 Cr
Allotment Date
10 Jul 2025
Listing Date
14 Jul 2025
Travel Food Services IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 1,100.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 399.20 Cr | Rs 3,233.81 Cr | 8.10x |
| NII | Rs 299.40 Cr | Rs 498.19 Cr | 1.66x |
| sNII (Rs 2L to Rs 10L) | Rs 99.80 Cr | Rs 132.10 Cr | 1.32x |
| bNII (above Rs 10L) | Rs 199.60 Cr | Rs 366.10 Cr | 1.83x |
| Retail | Rs 698.60 Cr | Rs 503.25 Cr | 0.72x |
| Total | Rs 1,397.20 Cr | Rs 4,235.25 Cr | 3.03x |
Travel Food Services IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 36,29,090 | 2,93,98,278 | 8.10x |
| NII | 27,21,818 | 45,29,031 | 1.66x |
| sNII (Rs 2L to Rs 10L) | 9,07,273 | 12,00,888 | 1.32x |
| bNII (above Rs 10L) | 18,14,545 | 33,28,143 | 1.83x |
| Retail | 63,50,909 | 45,74,960 | 0.72x |
| Total | 1,27,01,817 | 3,85,02,269 | 3.03x |
What Do These Subscription Numbers Mean?
A subscription of 3.03x by shares means the IPO received bids for 3 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 8.10x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 8.10x, it reflects serious institutional conviction.
NII at 1.66x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 0.72x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Travel Food Services IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 0.72x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 1.32x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 1.83x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Travel Food Services IPO Allotment Status page from 10 July 2025 for your allotment result.
Travel Food Services IPO GMP After Subscription
GMP for Travel Food Services IPO stands at Rs 25.00 today, giving an estimated listing price of Rs 1,125.00 per share.
A subscription of 3.03x combined with a GMP of 2.27% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Travel Food Services IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Travel Food Services IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Jul 2025 | 0.07x | 0.07x | 0.15x | 0.11x |
| Day 2 - 8 Jul 2025 | 0.19x | 0.25x | 0.30x | 0.26x |
| Day 3 - 9 Jul 2025 | 8.10x | 1.66x | 0.72x | 3.03x |
Travel Food Services IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 July 2025 |
| IPO Close Date | 9 July 2025 |
| Allotment Date | 10 July 2025 |
| Refund Initiation | 11 July 2025 |
| Share Credit to Demat | 11 July 2025 |
| Listing Date | 14 July 2025 |
| Minimum Investment | Rs 14,300.00 |
| Lot Size | 13 shares |
About Travel Food Services IPO
Travel Food Services Limited (TFS), incorporated in 2007, is a leading player in the fast-growing Indian airport travel quick service restaurant (Travel QSR) and lounge sectors. The company holds approximately 26% market share in the Indian airport travel QSR sector and 45% in the Indian airport lounge sector based on FY25 revenues. TFS offers a diverse range of curated food & beverage (F&B) concepts across different cuisines and formats.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Travel Food Services IPO Subscription FAQs
What is Travel Food Services IPO IPO subscription status today?
Travel Food Services IPO IPO subscription closed on 9 July 2025 with overall subscription of 3.03x (by shares) as of 27 June 2026, 3:01 AM IST. QIB 8.10x, NII 1.66x, Retail 0.72x.
What is the overall subscription of Travel Food Services IPO IPO?
Travel Food Services IPO IPO is subscribed 3.03x overall by shares at close on 9 July 2025. QIB 8.10x, NII 1.66x, and Retail 0.72x.
What is Travel Food Services IPO IPO QIB subscription?
Travel Food Services IPO IPO QIB (Qualified Institutional Buyers) subscription is 8.10x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Travel Food Services IPO IPO Retail subscription?
Travel Food Services IPO IPO Retail subscription is 0.72x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Travel Food Services IPO IPO NII subscription?
Travel Food Services IPO IPO NII (Non-Institutional Investors) subscription is 1.66x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Travel Food Services IPO IPO for retail?
Travel Food Services IPO IPO retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When is Travel Food Services IPO IPO allotment date?
Travel Food Services IPO IPO allotment date is 10 July 2025. Check Travel Food Services IPO Allotment Status on IPOwiz from that day using your PAN.
When does Travel Food Services IPO IPO subscription close?
Travel Food Services IPO IPO subscription closed on 9 July 2025. No new applications are accepted after the close.
What is Travel Food Services IPO IPO GMP today?
Travel Food Services IPO IPO GMP is ₹25 today (+2.27% over issue price ₹1,100). See live GMP on the Travel Food Services IPO GMP Today page.
What is Travel Food Services IPO IPO issue price and lot size?
Travel Food Services IPO IPO issue price is ₹1,100 per share. Lot size is 13 shares. Minimum investment is ₹14,300 per lot. Issue size: ₹2000.00 Cr.
When is Travel Food Services IPO IPO listing date?
Travel Food Services IPO IPO listing date is 14 July 2025 on NSE and BSE. Allotment is on 10 July 2025.
How does subscription affect Travel Food Services IPO IPO allotment?
Allotment odds in Travel Food Services IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 3.03x overall, competition is moderate.
For allotment results from 10 July 2025, visit the Travel Food Services IPO Allotment Status page. For listing day updates on 14 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.