New Delhi, July 7 -- Travel Food Services IPO Subscription Status: The initial public offering (IPO) of Travel Food Services was off to a tepid start on Monday, July 7, with the retail portion subscribed the most at the end of the first day.

Travel Food Services operates an airport travel quick service restaurant and lounge business across India, Malaysia and Hong Kong. It also has Travel QSR outlets on select highways. The company has a F&B brand portfolio of 127 companies.

Travel Food Services IPO subscription at the end of the first day stood at 10% as the issue received bids for 13,90,766 shares as against 1,34,12,842 shares on offer.

The retail portion was booked the most at 14%, followed by the QIB portion at 7% and the NII porti...