TBO Tek Limited IPO is a MAIN BOARD IPO. They are going to raise ₹1,550.81 Crores via IPO. The issue is priced at ₹875 to ₹920 per equity share. The IPO is to be listed on NSE, BSE
TBO Tek Limited IPO opens for subscription on May 08, 2024. and closes on May 10, 2024. The allotment for the TBO Tek Limited IPO is expected to be finalized on May 13, 2024. TBO Tek Limited IPO will list on BSE, NSE with tentative listing date fixed as 15 May 2024.
| IPO Details | Allotment |
| Minimum Investment ₹14,720 / 1– Lot (16 shares) | Price Range ₹875-₹920 | |
| Max Quantity 13-Lots/ (208 Shares) | Max Investment ₹191,360 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 1,550.81 Cr | Employee Discount ₹ |
| Total Issue Size 16,856,623 Shares (Aggregating up to ₹1,550.81 Cr) | Share Holding Pree Issue 104,239,961 | Issue Type Book build Issue IPO |
| Fresh Issue Share 4,347,826 Shares (Aggregating up to ₹400.00 Cr) | Share Holding Post Issue 108,587,787 | Listing At BSE, NSE |
| Offer For Sale 12,508,797 Shares of ₹1 (Aggregating up to ₹1,150.81 Cr) | Face value ₹1 |
IPO Dates
| Offer Starts | 08 May 2024 |
| Offer Ends | 10 May 2024 |
| Allotment | 13 May 2024 |
| Refunds | 14 May 2024 |
| Credit of shares to Demat account | 14 May 2024 |
| IPO Listing | 15 May 2024 |
About TBO Tek Limited
Established in 2006, TBO Tek Limited, formerly known as Tek Travels Private Limited, is a travel distribution platform that offers travel inventory according to the needs of its customers and supports a wide range of currencies along with forex help.
The company simplifies the travel business for suppliers such as hotels, airlines, car rentals, transfers, cruises, insurance, rail companies, and others, as well as for retail customers such as travel agencies and independent travel consultants, and corporate customers such as tour operators, travel management companies, online travel companies, super apps and loyalty apps through our two-sided technology platform that enables suppliers and customers to connect seamlessly.
| Established in | Managing Director |
| 2006 |
TBO Tek Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
TBO Tek Limited IPO Lot Size
TBO Tek Limited IPO minimum market lot is 16 shares with ₹14,720 application amount. The retail investors can apply up-to 13 lots with 208 shares or ₹191,360 amount.
| 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 |
Share Holding
Ankush Nijhawan, Gaurav Bhatnagar, Manish Dhingra, and Arjun Nijhawan are the company’s promoters.
| Share Holding Pre-Issue | 51.26% |
| Share Holding Post-Issue |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹1,085.77 | ₹511.93 | ₹176.55 |
| Assets | ₹2,557.93 | ₹1,271.43 | ₹576.16 |
| Profit | ₹148.49 | ₹33.72 | -₹34.14 |
| All values are in Rs. Cr |
Fundamentals
| Values | Values | ||
| Market cap | 9990.08Cr | ROE | % |
| P/E (X) | 64.58 | ROCE | % |
| POST P/E (X) | 48.6 | EPS | 14.25 |
| Debt to Equity | RONW | 30.76% |
Objects of the Issue
- Gross Proceeds of the Fresh Issue.
- (Less) Estimated Offer-related expenses in relation to the Fresh Issue
Brokerage Firm IPO Review
- To be updated soon
| TBO Tek Limited Contact Details | |
| Address | TBO Tek Limited E-78, South Extension Part I, New Delhi – 110 049, India |
| Phone: | +91 124 499 8999 |
| corporatesecretarial@tbo.com | |
| Website | www.tbo.com |
| TBO Tek Limited IPO Lead Managers |
| Axis Capital Limited Goldman Sachs (India) Securities Private Limited Jefferies India Private Limited JM Financial Limited |
| TBO Tek Limited IPO Registrar | |
| . | Link Intime India Private Ltd |
| Phone | +91 810 811 4949 |
| jnkindia.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/ |
| TBO Tek Limited IPO Allotment Status Check |
| IPO Allotment Status Check Click Here |
TBO Tek Limited IPO FAQs
What is TBO Tek Limited IPO?
- TBO Tek Limited IPO is a MAIN BOARD IPO. They are going to raise ₹1,550.81 Crores via IPO. The issue is priced at ₹875 to ₹920 per equity share. The IPO is to be listed on NSE, BSE
When TBO Tek Limited IPO will open?
- The IPO is to open on May 08, 2024, for QIB, NII, and Retail Investors.
What is TBO Tek Limited IPO Investors Portion?
- The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is TBO Tek Limited IPO Size?
- TBO Tek Limited IPO size is ₹1,550.81 crores.
What is TBO Tek Limited IPO Price Band?
- TBO Tek Limited IPO Price Band is ₹875 To ₹920 per equity share.
What is TBO Tek Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1-Lot (16 Shares) with ₹14,720 and Maximum Lot Size 13-Lots (208 Shares) with ₹191,360
What is TBO Tek Limited IPO Allotment Date?
- TBO Tek Limited IPO allotment date is May 13, 2024.
What is TBO Tek Limited IPO Listing Date?
- TBO Tek Limited IPO listing date is May 15, 2024. The IPO to list on NSE, BSE.