{"id":"f-e550251d2f-ff8abc0f-0b3e-59e9-aa94-d305076bdf0c","title":"Travel Food Services shares worth over ₹10,000 crore to free up for trade today; just above IPO price","description":"Around 87.2 million shares, or about 66% of the company's outstanding equity, will become eligible for trading following the expiry of the lock in today.","timestamp":1768205668,"category":"business","headline":"Travel Food Services shares worth over ₹10,000 crore to free up for trade today; just above IPO price","modifiedHeadline":"Travel Food Services Shares To Trade Freely","subCategories":["scid_0f705da1"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"68","fcSummary":"Travel Food Services shares fell as its lock-in period ended, freeing up 66% of shares for trading, valued at ₹10,029 crore. While not all shares will be sold, the expiry allows trading. The company leads in Indian airport QSR and lounge sectors.","summary":"Travel Food Services sees ₹10,000 cr+ shares freed for trade today, just above IPO price. 66% equity unlocked after lock-in expiry.","ctaUrl":"https://trends.glance.com/newz/Economy/IN/en/cnbc-tv18/f-e550251d2f-ff8abc0f-0b3e-59e9-aa94-d305076bdf0c","sourceUrl":"https://www.cnbctv18.com/market/travel-food-services-share-price-worth-10000-crore-free-up-for-trade-monday-just-above-ipo-price-lock-in-expiry-19818733.htm","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/Gze_4Fjch9w0.webp","content":"Shares of Travel Food Services Ltd. declined 2% on Monday, January 12, as the company will saw the end of its six-month and beyond shareholder lock in period today.\n\n
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\n According to brokerage firm Nuvama Alternative and Quantitative Research, around 87.2 million shares, or about 66% of the company's outstanding equity, will become eligible for trading following the expiry of the lock in\n today.\n
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\n It must be noted that the end of the shareholder lock-in does not mean all the shares will be sold in the open market. They only become eligible to be traded.\n
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\n Based on Friday's closing price, the shares coming out of lock in are valued at nearly ₹10,029 crore.\n
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\n The stock is now up nearly 5% from its issue price of ₹1,100.\n\n
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\n Travel Food Services is touted to be a leading player in the Indian Airport Travel QSR and Lounge industry. As of FY25, the company accounted for 26% market share in the Indian Airport Travel QSR and 45% in the Indian Airport Lounge sectors, respectively, in terms of revenue.\n
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\n The company's Travel QSRs are predominantly situated within airports while, the Lounge business comprises of designated areas within airport terminals. As of March 2025, TFS operated 442 Travel QSRs across India and Malaysia and 37 Lounges across India, Malaysia and Hong Kong.\n\n
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\n The company has added 80, 92 and 96 outlets respectively in FY25, FY24 and FY23.\n
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\n In FY25, Travel Food Services posted a 27.4% year-on-year rise in profit to ₹379.7 crore, while revenue rose 21% to ₹1,687.7 crore.\n
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\n Shares of Travel Food Services Ltd. ended 0.94% higher on Friday at ₹1,149.70. The stock fell 5% in the last five trading sessions.","readDurationInMinutes":"3","author":{"name":"CNBC TV18","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/ecc3d19b-fc52-4a39-881c-5b0936ae723b.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"383191425","type":"COMSCORE"}],"pointerSummary":["Travel Food Services shares fell 2% after lock-in expiry; 66% equity eligible to trade.","₹10,029 crore worth of shares unlocked; TFS is up 5% from its IPO price of ₹1,100.","TFS: Leader in airport QSR/Lounges; FY25 profit rose 27.4% to ₹379.7 crore."],"tags":["TravelFoodServices","TFS","IPO","ShareTrading","StockMarket","LockInExpiry","QSR","AirportLounges","IndianMarket","Malaysia","HongKong","FinancialResults","EquityRelease","NuvamaAlternative","QuantitativeResearch"],"consent":true,"redirectionEnabled":false}

Travel Food Services shares worth over ₹10,000 crore to free up for trade today; just above IPO price

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