IPO Synopsis


Travel Food Services Ltd

Registered Office: Block - A South Wing 1st Flr,Shiv Sagar Estate Dr.Annie B R, Mumbai - 400018, Maharashtra, India.
Phone : +91 22 4322 4322   Fax:
Email :  cs@travelfoodservices.com  
Website :  www.travelfoodservices.com

Initial public offer of 18,185,614 equity shares bearing face value Re.1 each ("Equity Shares") of Travel Food Services Limited ("The Company" or the "Issuer") for cash at a price of Rs.1,100 per equity share (including a premium of Rs.1,099 per equity share) ("Offer Price") aggregating to Rs.2000.00 crores through an offer for sale ("The Offer") of 18,185,614 equity shares bearing face value of Rs.1 each aggregating to Rs.2000.00 crores by the Kapur Family Trust ("Promoter Selling Shareholder") (the "Offered Shares"). The offer included a reservation of 40,160 equity shares bearing face value Re.1 each, aggregating to Rs. 4.00 crores (constituting 0.03% of the post-offer paid up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 13.81% and 13.78% of the post-offer paid-up equity share capital of the company. The company has, in consultation with the book running lead managers, provided a discount of 9.45% (equivalent to Rs.104 per equity share) on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount") The face value of the equity shares is Re.1 each. The offer price is 1,100 times the face value of the equity shares.

Issue Money Payable On
Opens on Closes On Application Allotment
07-Jul-25 09-Jul-25 1100.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 13   Further Multiples of : 13
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Batlivala & Karani securities India Pvt Ltd
Project Financed through Current Offer 2,000.00  
Post Issue Equity Share Capital 13.17  
Issue Price 1,100.00  

Project

  • Listing the Equity Shares on the Stock Exchanges

Promoted By

SSP Group PLC

SSP Group Holdings Ltd

SSP Financing Ltd

Listing At

BSE

NSE

Registrar to the Issue

No Data Available