TBO Tek Limited
Mainboard₹14,720 / 16 Shares
TBO Tek Limited IPO Details
The TBO Tek Limited IPO price band is set between ₹875-920 per equity share, with a face value of ₹1 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 8 May, 2024 and closes on 10 May, 2024. Investors can check the allotment status on 13 May, 2024, while the listing date is tentatively scheduled for 15 May, 2024.
The total issue size is Total ₹1,550.81 Cr :#Fresh Issue : 4,347,826 shares, aggregating up to ₹400 Cr. Stay tuned for the latest TBO Tek Limited IPO review and GMP updates.
TBO Tek Limited IPO Review, Rating & Analysis
TBO Tek Limited IPO Review
NO REVIEWTBO Tek Limited IPO Rating
TBO Tek Limited IPO Highlights
IPO Date
May 8, 2024 - May 10, 2024
Listing Date
15 May, 2024
Face Value
₹1 Per Equity Share
Price Band
₹875-920 per equity share
Lot Size
16 Shares
Fresh Issue
4,347,826 Shares
Offer for Sale
12,508,797 shares of ₹1
Listing At
BSE, NSE
TBO Tek Limited IPO Lot Size
The minimum market lot for TBO Tek Limited IPO is 16 shares with an application amount of ₹14,720. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 16 | ₹14,720 |
| Retail (Max) | 13 | 208 | ₹1,91,360 |
| S-HNI (Min) | 14 | 224 | ₹2,06,080 |
| S-HNI (Max) | 67 | 1072 | ₹9,86,240 |
| B-HNI (Min) | 68 | 1088 | ₹10,00,960 |
TBO Tek Limited IPO Timeline
Issue Price
₹875-920 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Axis Capital LimitedJefferies India Private LimitedIssue Size
Total ₹1,550.81 Cr :#Fresh Issue : 4,347,826 shares(aggregating up to ₹400 Cr) +
#OFS : 12,508,797 shares of ₹1(aggregating up to ₹1,150.81 Cr)
TBO Tek Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 23 | 3754.05 | 1039.56 | 154.18 | 501.21 | 478.43 | 2.93 |
| 31 Mar 23 | 2557.93 | 1085.77 | 148.49 | 337.19 | 317.57 | 6.36 |
| 31 Mar 22 | 1271.43 | 511.93 | 33.72 | 231.90 | 214.08 | 2.69 |
| 31 Mar 21 | 576.16 | 176.55 | -34.14 | 204.07 | 197.58 | N/A |
All values are in ₹ Cr.
TBO Tek Limited IPO Valuations
EPS Pre IPO
₹14.25/-EPS Post IPO
₹18.93/-PE Pre IPO
64.58PE Post IPO
48.60ROE
-ROCE
-Debt Equity
-RoNW
30.76%PAT Margin
-Price to Book Value
18.66Promoters & Share Holding
Promoter(s) Name
- Ankush Nijhawan
- Gaurav Bhatnagar
- Manish Dhingra
- Arjun Nijhawan
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 51.26% | N/A% |
About Company
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.
The company's platform enables sellers to show and market their inventory and set prices for buyers. For buyers, the platform is an integrated, multi-currency, and multi-lingual, one-stop solution that helps them discover and book travel to destinations around the world, across various travel segments such as leisure, business and religious travel.
As at December 31, 2023, the company had sold over 7,500 destinations in more than 100 countries and employed over 2,000 people.
TBO Tek Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,047,204 | 2,523,602 1,682,401 841,201 | 1,682,401 | 9,285,816 |
Day 1 -08-05-24 05:00 PM | 0.01 x | 2.08 1.95 x 2.36 x | 3.14 x | 1.15 x |
Day 2 -09-05-24 05:00 PM | 0.17 x | 8.19 7.91 x 8.73 x | 10.01 x | 4.15 x |
Day 3 -10-05-24 05:00 PM | 125.51 x | 50.30 55.82 x 39.27 x | 24.29 x | 86.35 x |
Retail:21.51x
BHNI:10.34x
SHNI:36.77x times
Company Contact Details
TBO Tek Limited
E - 78,South Extension Part I, New Delhi - 110 049Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: tbo.ipo@kfintech.com
Frequently Asked Questions about TBO Tek Limited IPO
When will TBO Tek Limited IPO open for subscription?
The TBO Tek Limited IPO opens on 8 May, 2024 and closes on 10 May, 2024.
What is the investors portion for TBO Tek Limited IPO?
The investors' portion for QIB is 125.51 x, NII is 55.82 x, and Retail is 24.29 x.
How to apply for TBO Tek Limited IPO?
You can apply for TBO Tek Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of TBO Tek Limited IPO?
The issue size of TBO Tek Limited IPO is approx ₹Total ₹1,550.81 Cr :#Fresh Issue : 4,347,826 shares(aggregating up to ₹400 Cr) +#OFS : 12,508,797 shares of ₹1(aggregating up to ₹1,150.81 Cr) crores.
What is the price band of TBO Tek Limited IPO?
The price band for TBO Tek Limited IPO is ₹875 to ₹920 per equity share.
What is the lot size of TBO Tek Limited IPO?
The minimum bid (lot size) for TBO Tek Limited IPO is N/A shares with an investment of approx ₹14,720 .
What is the allotment date of TBO Tek Limited IPO?
The allotment date for TBO Tek Limited IPO is 13 May, 2024.
What is the listing date of TBO Tek Limited IPO?
The listing date for TBO Tek Limited IPO is expected to be 15 May, 2024.
What is the GMP of TBO Tek Limited IPO?
The latest Grey Market Premium (GMP) for TBO Tek Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.