TBO TEK is one of the leading travel distribution platform in the global travel and tourism industry by providing Buyers with a comprehensive travel inventory according to the needs of their customers; and supporting a wide range of currencies along with forex assistances. (Source: 1Lattice Report). They simplify the business of travel for suppliers such as hotels, airlines, car rentals, transfers, cruises, insurance, rail and others (collectively, “Suppliers”), and retail buyers such as travel agencies and independent travel advisors (“Retail Buyers”); and enterprise buyers that include tour operators, travel management companies, online travel companies, super-apps and loyalty apps (“Enterprise Buyers”, together with Retail Buyers, “Buyers”) through their two-sided technology platform that enables Suppliers and Buyers to transact seamlessly with each other.
Their platform allows the large and fragmented base of Suppliers to display and market inventory to, and set prices for, the large and fragmented global Buyer base. For Buyers, their platform is an integrated, multi-currency and multi-lingual one-stop solution that helps them discover and book travel for destinations worldwide, across various travel segments such as leisure, corporate and religious travel.
They are led by their founders, Gaurav Bhatnagar and Ankush Nijhawan. Their and their constant endeavor to empower the travel ecosystem with technology has contributed to their success. Our founders are assisted by a leadership team that has extensive industry experience.
Objects of the Issue
- Gross Proceeds of the Fresh Issue.
- (Less) Estimated Offer-related expenses in relation to the Fresh Issue
TBO TEK IPO Review (Apply or Not)
- Apply
Brokerage Firm IPO Review
- Marwadi Shares and Finance: Apply
- Sushil Finance: May Apply
- Ventura Securities: Apply
TBO TEK IPO Date & Price Band Details
IPO Open: | May 8, 2024 |
IPO Close: | May 10, 2024 |
IPO Size: | Approx ₹1,551 Crores |
Fresh Issue: | Approx ₹400 Crores |
Offer for Sale: | Approx ₹1,151 Crores, 12,508,797 Equity Shares |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹875 to ₹920 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 10% |
QIB Quota: | 75% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
TBO TEK IPO Market Lot
The TBO TEK 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 | Lot Size | Shares | Amount |
Retail Minimum | 1 | 16 | ₹14,720 |
Retail Maximum | 13 | 208 | ₹191,360 |
S-HNI Minimum | 14 | 224 | ₹206,080 |
B-HNI Minimum | 68 | 1,088 | ₹1,000,960 |
TBO TEK IPO Allotment & Listing Dates
The TBO TEK IPO date is May 8 and the close date is May 10. The TBO TEK IPO allotment will be finalized on May 13 and the IPO listing on May 15.
IPO Open Date: | May 8, 2024 |
IPO Close Date: | May 10, 2024 |
Basis of Allotment: | May 13, 2024 |
Refunds: | May 14, 2024 |
Credit to Demat Account: | May 14, 2024 |
IPO Listing Date: | May 15, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
TBO TEK IPO Form
How to apply for the TBO TEK IPO? You can apply for TBO TEK IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the TBO TEK IPO in the Invest section. The other option is you can apply for TBO TEK IPO via IPO forms downloaded via NSE and BSE. Check out the TBO TEK forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
TBO TEK Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹176.54 | ₹176.81 | ₹34.14 |
2022 | ₹511.93 | ₹470.46 | ₹33.72 |
2023 | ₹1085.78 | ₹914.42 | ₹148.49 |
Dec 2023 | ₹1039.57 | ₹858.74 | ₹154.18 |
TBO TEK IPO Valuation – FY2023
Check TBO TEK IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹14.21 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 44.04% |
Net Asset Value (NAV): | ₹33.22 per Equity Share |
Peer Group
- Travel CTM
- Webjet Ltd
Company Promoters
- Ankush Nijhawan
- Gaurav Bhatnagar
- Manish Dhingra
- Arjun Nijhawan
- LAP Travel Private Limited
TBO TEK IPO Registrar
KFin Technologies Limited
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
TBO TEK IPO Allotment Status Check
Check TBO TEK IPO allotment status on Linkintime website allotment URL. Click Here
TBO TEK IPO Lead Managers aka Merchant Bankers
- Axis Capital Limited
- Goldman Sachs (India) Securities Private Limited
- Jefferies India Private Limited
- JM Financial Limited
Company Address
TBO TEK Limited
E-78, South Extension Part I,
New Delhi – 110 049, India
Phone: +91 124 499 8999
Email: [email protected]
Website: www.tbo.com
TBO TEK IPO FAQs
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Note: The TBO TEK IPO price band and date are officially announced. The IPO grey market premium (TBO TEK IPO Premium) will be added to the IPO grey market page as it will start).
2 Responses
Application no 50952704
Sudhaben Shaileshbhai patel
Don’t reffind bank account
Sudhaben shaileshbhai patel
Application no.50952704
IPO Don’t transfer bank account