The Initial Public Offering of Travel Food Services Limited was subscribed 2.88 times on the final day of bidding.

The issue received bids of 3,86,35,012 shares against the offered 1,34,12,842 equity shares, at a price band of ₹1,045-1,100, according to the data available on the stock exchanges.

Qualified Institutional Buyer Portion subscribed 7.70 times, Non-Institutional Investors Portion and Retail Portion were subscribed 1.27 times and 0.69 times respectively, whereas Employee reserved portion was subscribed 1.72 times .

Kotak Mahindra Capital Company Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited and Batlivala & Karani Securities India Private Limited, are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the issue.