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TBO Tek Ltd.

TBO Tek Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹920
₹920
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹920
Based on GMP
Min. Investment
₹14,720
1 lot × 16 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
08 May 2024
Close Date
10 May 2024
Allotment
13 May 2024
Listing Date
15 May 2024
Exchange
NSE & BSE
Price Band
₹920
Listing Price
See chart
Allotment Status
Price Band
₹920
Per share
Face Value
₹1 per share
 
Lot Size
16 Shares
per lot
Issue Size
1,68,56,623 shares (aggregating up to ₹1,550.81 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,720
1 lot
Pre-IPO Holding
10,42,39,961 shares
Promoters
Post-IPO Holding
10,85,87,787 shares
Promoters
P/E (Pre)
64.58x
 
P/E (Post)
48.6x
 
EPS (Pre)
₹14.25
 
EPS (Post)
₹18.93
 
UPI Deadline
2024-05-10
Mandate
Anchor AllotmentTue, 07 May 2024
Basis of AllotmentMon, 13 May 2024
Refund InitiationTue, 14 May 2024
Demat CreditTue, 14 May 2024
Listing DayWed, 15 May 2024
UPI Mandate Deadline2024-05-10
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares43,47,826 shares (aggregating up to ₹400.00 Cr)
Offer for Sale1,25,08,797 shares of ₹1 (aggregating up to ₹1,150.81 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
TBO Tek Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 10 May 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
16,856,623
100% ₹1,550.81
IPO Shares Offered
TBO Tek Ltd. IPO total issue size: ₹1,550.81 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 16,856,623 ₹1,550.81
100.00%
* Based on upper price band ₹920 per share
Lot Size & Investment
Lot Size
16
Shares per Lot
Issue Price
₹920.00
Upper Band
Min Investment
₹14,720
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)232₹29,440
Retail (Max — 13 Lots)13208₹191,360
S-HNI (Min — 14 Lots)14224₹206,080
B-HNI (Min — 68 Lots)681,088₹1,000,960
* Issue Price ₹920 × Lot Size 16 shares
IPO Schedule
Anchor
07 May 2024
✓ Done
IPO Open
08 May 2024
✓ Done
IPO Close
10 May 2024
✓ Done
Allotment
13 May 2024
✓ Done
Refunds
14 May 2024
✓ Done
Demat Credit
14 May 2024
✓ Done
Listing Day
15 May 2024
✓ Done
TBO Tek Ltd. — Live Price LIVE
₹920.00
INR · BSE
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Issue ₹920.00 Live Price
About TBO Tek Ltd.
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.
Objects of the Issue
1
Expansion of the Supplier and Buyer base;
2
Amplification of value of our platform by adding new lines of businesses;
3
Inorganic growth through selective acquisitions and building synergies with our existing platform; and
4
Leveraging data procured to offer bespoke travel solutions to our Buyers and Suppliers.
TBO Tek Ltd. Financials (Amount in Crore)
Revenue from Operations
₹511.9
31 Mar 2022
₹1,085.8
31 Mar 2023
₹1,039.6
31 Dec 2023
Profit After Tax (PAT)
₹33.7
31 Mar 2022
₹148.5
31 Mar 2023
₹154.2
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 1039.56 1085.77 511.93
EBITDA N/A N/A N/A
Profit After Tax (PAT) 154.18 148.49 33.72
Net Worth 501.21 337.19 231.90
Total Assets 3754.05 2557.93 1271.43
Reserves & Surplus 478.43 317.57 214.08
Borrowings 2.93 6.36 2.69
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
18.66
RoNW
30.76
Issue Structure & Shareholding
Total Shares Offered1,68,56,623 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding10,42,39,961 shares
Post-Issue Promoter Holding10,85,87,787 shares
P/BV Ratio18.66
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
Jefferies India Pvt.Ltd.
Goldman Sachs (India) Securities Pvt.Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much TBO Tek Ltd. IPO subscribed?

TBO Tek Ltd. IPO is subscribed 1.00 times by May 10, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is TBO Tek Ltd. IPO retail subscription status?

The TBO Tek Ltd. IPO retail category is subscribed 1.00 times as of 10 May 2024. The retail portion is oversubscribed.

How to subscribe TBO Tek Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 08 May 2024 and closes 10 May 2024. Min investment: ₹14,720 (1 lot = 16 shares). UPI mandate: 2024-05-10.

How many times TBO Tek Ltd. IPO subscribed?

The TBO Tek Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check TBO Tek Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 13 May 2024. Refunds: on 14 May 2024.

When TBO Tek Ltd. IPO will be listed?

The TBO Tek Ltd. IPO listing date is 15 May 2024, Wednesday. Listed on: NSE & BSE. Issue price: ₹920. Estimated listing: ₹920. GMP: NIL.

When TBO Tek Ltd. IPO close?

The TBO Tek Ltd. IPO closes on 10 May 2024, Friday. UPI mandate: 2024-05-10. Allotment: 13 May 2024. Listing: 15 May 2024.