What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Travel Food Services Limited IPO allotment date?

The basis of allotment for Travel Food Services Limited IPO is scheduled to be finalized on 10 Jul 2025.

Where can I check Travel Food Services Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 11 Jul 2025.

Travel Food Services Limited

ListedMainboard

Consumer Services · NSE / BSE

Travel Food Services Limited, established in 2007, is an Indian company that operates quick-service restaurants and lounges at airports. As of June 30, 2024, it runs 397 travel-focused restaurants across India and Malaysia, featuring a mix of 117 in-house and partner food and beverage brands. These restaurants offer a variety of cuisines and formats designed to meet the fast-paced needs of travelers. The company also manages airport lounges, which are primarily used by first and business-class passengers, airline loyalty members, and select credit and debit cardholders. These lounges provide a comfortable space for travelers within airport terminals. Travel Food Services operates in 14 airports in India and 3 in Malaysia, including major airports like Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, and Chennai. By June 2024, it had maintained a presence at the Delhi airport for 14 years, Mumbai for 15 years, Bengaluru for 5 years, and Chennai for 11 years.

Price Band

₹1045 – ₹1100

Issue Size

₹2000 Cr

Lot Size

13 shares

GMP

₹25

+2.3%

Est. Listing

₹1125

at current GMP

Subscribed

3.03x

overall

Open

7 Jul 2025

9 Jul 2025

Allotment

10 Jul 2025

Refund

11 Jul 2025

Demat Credit

12 Jul 2025

Listing

14 Jul 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Travel Food Services Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

10 Jul 2025

Basis finalization

Refunds Initiate

11 Jul 2025

Mandate release

Demat Credit

12 Jul 2025

Shares in demat

Listing Debut

14 Jul 2025

Trading begins

How to Check Travel Food Services Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select Travel Food Services Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Travel Food Services Limited Public Issue & Market Profile

Travel Food Services Limited is bringing an initial public offering (IPO) in the Consumer Services sector with an aggregate issue size of ₹2,000 Crores. The shares are offered at a price band of ₹1045 to ₹1100 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 13 shares (approx. ₹14,300 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-12, while un-allotted funds or UPI block mandates will be released on 2025-07-11.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.