TBO Tek Limited

TBO Tek Limited

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₹14,720(16 Shares)

Minimum Investment

IPO Dates

May 8, 2024 – May 10, 2024

Price Band

₹875–920 per equity share

Lot Size

16

Listing

May 15, 2024

Listing At

BSE, NSE

May 8, 2024Open DateCompleted
May 10, 2024Close DateCompleted
TBAAllotment DateUpcoming
May 15, 2024Listing DateCompleted

TBO Tek Limited Live Subscription Details

All IPOs
QIB125.51x
Retail24.29x
NIIs
50.30x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

55.82x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

39.27x

Overall Subscription

Total Bids Received

86.35x

TBO Tek Limited IPO Issue Details

Issue Price
₹875-920 Per Equity Share
Face Value
₹1 Per Equity Share
Fresh Share
43,47,826 shares(aggregating up to ₹400 crore)
Listing At
BSE, NSE
Listing Date
May 15, 2024
Registrar
Kfin Technologies Limited

Reservation Details

NII14.97%

Shares Offered

25,23,602

QIB29.94%

Shares Offered

50,47,204

Anchor44.91%

Shares Offered

75,70,807

Company Information

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...

Valuations

EPS (Pre-IPO)

14.25

EPS (Post-IPO)

18.93

P/E (Pre-IPO)

64.58

P/E (Post-IPO)

48.60

RoNW

30.76%

P/B Value

18.66

Financial Information (₹ in Crores)

MetricFY 23FY 23FY 22FY 21
Total Assets3754.052557.931271.43576.16
Total Revenue1039.561085.77511.93176.55
Profit After Tax154.18148.4933.7234.14
Net Worth501.21337.19231.9204.07

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Expansion of the Supplier and Buyer base
  2. 2Amplification of value of our platform by adding new lines of businesses
  3. 3Inorganic growth through selective acquisitions and building synergies with our existing platform
  4. 4Leveraging data procured to offer bespoke travel solutions to our Buyers and Suppliers.

TBO Tek Limited – Promoter(s)

Ankush Nijhawan
Gaurav Bhatnagar
Manish Dhingra
Arjun Nijhawan

Contact Details

Corporate Office

E - 78,South Extension Part I, New Delhi - 110 049

+91 124 499 8999

corporatesecretarial@tbo.com

Visit Website

TBO Tek Limited Allotment & Registrar Details

Check Allotment

Kfin Technologies Limited

04067162222, 04079611000

tbo.ipo@kfintech.com

Visit Registrar Website

TBO Tek Limited IPO Documents

Frequently Asked Questions — TBO Tek Limited IPO

The TBO Tek Limited IPO price band is set at ₹875.00 to ₹920.00 per equity share.

The lot size for TBO Tek Limited IPO is 16 shares per lot. The minimum investment amount is approximately ₹14,720.

The TBO Tek Limited IPO opens on May 8, 2024 and closes on May 10, 2024.

TBO Tek Limited IPO is expected to be listed on May 15, 2024 on BSE, NSE.

The current GMP for TBO Tek Limited IPO is ₹360, suggesting an expected listing price of around ₹1235.00. Note: GMP is an unofficial market indicator.

The registrar for TBO Tek Limited IPO is Kfin Technologies Limited. You can contact them at tbo.ipo@kfintech.com.

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