Mumbai, July 9 -- The initial public offer of Travel Food Services received bids for 3,86,35,025 shares as against 1,34,12,842 shares on offer, according to stock exchange data at 17:30 IST on Wednesday (9 July 2025). The issue was subscribed 2.88 times.
The issue opened for bidding on 7 July 2025 and it will close on 9 July 2025. The price band of the IPO is fixed between Rs 1,045 and 1,100 per share. An investor can bid for a minimum of 13 equity shares and in multiples thereof.
The IPO comprises an entire offer for sale (OFS) of 1,81,81,818 equity shares at a higher price band. The promoter family group (Kapur Family Trust) will be offloading shares worth Rs 2000 crore in the OFS. The offer provides reservation options for eligible e...
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