Travel Food Services IPO Lands Softly, Subscribed Just 27% Despite Strong Anchor Backing

Unknown Apr 02, 2026 1,100 Views

The ₹2,000 crore initial public offering (IPO) of Travel Food Services Ltd concluded on July 9, 2025, with a muted investor response. Despite strong anchor backing and a dominant position in India’s airport food and lounge segment, the IPO was subscribed only 27% by the end of the three-day...