Travel Food Services

K Hospitality Corp has launched Kliff Ventures with a ₹ 200 crore corpus to invest in early-stage consumer and retail brands across food, lifestyle and allied sectors.

Airport lounge operator Encalm plans hotels, in-flight catering and overseas airport bids as credit-card driven lounge economics tighten and airport operators increasingly internalise hospitality services.

Dreamfolks Services shares fell 5% to ₹ 131 after discontinuing its domestic airport lounge business. While this change is significant, other services will continue as usual. The company reported a net profit increase of 20.24% year-on-year for June 2025.

Travel Food Services' stock debuted weakly, but analysts highlight its strong fundamentals, including a debt-free status and positive cash flow. With a significant market share in the Travel QSR and lounge segments, it is positioned for long-term growth despite short-term volatility.

Travel Food Services shares debuted at ₹ 1,125 on NSE, up 2.27% from the IPO price of ₹ 1,100. The IPO, which raised ₹ 2,000 crore, was subscribed 3.03 times, with the QIB portion being the most popular, subscribed 8.10 times.

Travel Food Services shares debuted on the stock market, opening at ₹ 1,125 on NSE and ₹ 1,126.20 on BSE, both above the issue price of ₹ 1,100. The IPO was subscribed 2.88 times, with significant demand from QIBs.

Travel Food Services IPO GMP: The grey market indicates a potential listing price of ₹ 1,125, slightly above the IPO price of ₹ 1,100, say market observers

Upcoming IPOs: Despite recent global market uncertainties, several IPOs are launching. Upcoming listings include Travel Food Services and Smartworks Coworking Spaces on the mainboard, and multiple SMEs. Notable IPOs include Anthem Biosciences and Spunweb Nonwoven, with specific fundraising plans.