TBO TEK LIMITED IPO
- TBO Tek Limited IPO is a book-built issue of Rs 1550.81 crore
- This IPO will open’s for subscription on 08 May 2024 and close on 10 May 2024.
- This TBO Tek IPO will be listed on May 15, 2024.
- The minimum lot size to apply for this IPO is 16 shares with a price band of Rs 875 – Rs 920 per share.
- The minimum investment amount for a retail investor to apply for this TBO Tek IPO is Rs 14,720.
- Kfin Technologies Limited is the registrar of TBO Tek IPO.
In short | |
Bidding Date | May 8, 2024, to May 10, 2024 |
Minimum Investment | ₹14,720 |
Lot Size | 16 shares |
Price Band | ₹875-₹920 |
Isuee Size | ₹1550.81Cr |
Allotment Date | Monday, May 13, 2024 |
Refund Date | Tuesday, May 14, 2024 |
Share To Demat Acc. | Tuesday, May 14, 2024 |
Listing Date | Wednesday, May 15, 2024 |
Min. & Max. Amount by lot size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 16 | ₹14,720 |
Retail (Max) | 13 | 208 | ₹191,360 |
S-HNI (Min) | 14 | 224 | ₹206,080 |
S-HNI (Max) | 67 | 1,072 | ₹986,240 |
B-HNI (Min) | 68 | 1,088 | ₹1,000,960 |
LATEST GMP:
GMP Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
12-05-2024 | 920 | ₹499 | ₹1419 (54.24%) | 12-05-2024 21:00 |
GMP Credit – investorgain.com
SUBSCRIPTION STATUS:
Investor Category | Subscription (times) |
Qualified Institutions | 125.51 |
Non-Institutional Buyers | 50.6 |
bNII (bids above ₹10L) | 55.82 |
sNII (bids below ₹10L) | 40.15 |
Retail Investors | 25.72 |
Employees | 17.81 |
Others | [.] |
Total | 86.69 |
Subscription Credit – chittorgarh.com
ABOUT COMPANY:
- TBO Tek Limited (formerly known as Tech Travels Pvt Ltd) is a travel distribution platform that was founded in 2006. It provides a wide choice of currencies and FX support, as well as travel itineraries tailored to the demands of its clients.
- Through our two-way technology platform, which facilitates seamless communication between suppliers and customers, the company streamlines the travel industry for suppliers like hotels, airlines, car rentals, transfers, cruises, insurance, rail companies, and others, as well as retail clients like travel agencies and independent travel consultants, and corporate clients like tour operators, travel management companies, online travel companies, super apps, and loyalty apps.
- Through the company’s platform, vendors can price their merchandise and promote it to potential customers. The platform offers customers an all-in-one, multilingual, multicurrency solution that makes it easy for them to search and reserve travel to locations worldwide for purposes like business, pleasure, and religious travel.
- There were 2000 employees working for the company as of December 31, 2023.
COMPANY FINANCIAL:
Revenue | Total Assets | Total Profits |
2021 – 176.55Cr | 2021 – 576.16Cr | 2021 – (-34.14Cr) |
2022 – 511.93Cr | 2022 – 1,271.43Cr | 2022 – 33.72Cr |
2023 – 1,085.77Cr | 2023 – 2,557.93Cr | 2023 – 148.49Cr |
Financial Credit – chittorgarh.com
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