Know what market guru Anil Singhvi says as Travel Foods and Services set to enter listing space
Published on 14/07/2025 10:08 AM
The Travel Foods and Services stock is set to list on the BSE and NSE today (Monday, July 14, 2025).
The Rs 2,000 crore bookbuilding issue is entirely an offer for sale IPO of 1.82 crore shares.
The price band of the share is Rs 1,100 per share, while its lot size of application is 13.
The minimum investment amount for retail investors is Rs 13,585 (13 shares).
Bidding for the IPO started on July 7, 2025, and ended on July 9, 2025. Its allotment was finalized on Thursday, July 10, 2025.
Book-running manager, registrar for Travel Foods and Services
Kotak Mahindra Capital Company Limited is the book-running lead manager of the IPO. On the other hand, MUFG Intime India Private Limited (Link Intime) is the registrar for the same.
The market guru says that the IPO is expected to list at a small premium in the Rs 1,120-Rs 1,135 range against the issue price of Rs 1,100.
He advises applying for a long-term investment perspective of 1-2 years.
The market wizard says that the investor can hold with a stoploss below the IPO price of Rs 1,100.
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