TBO TEK IPO Date, Review, Price, Allotment Details

TBO TEK IPO Details: TBO TEK IPO date is fixed, the IPO is to hit the market on May 8. and will close on May 10. TBO TEK IPO to raise around ₹1551 crores via IPO that comprises fresh issue of ₹400 crores and offer for sale up to 12,508,797 equity shares of ₹1 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
TBO TEK IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum116₹14,720
Retail Maximum13208₹191,360
S-HNI Minimum14224₹206,080
B-HNI Minimum681,088₹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
YearRevenueExpensePAT
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

What is TBO TEK IPO?

TBO TEK IPO is a main-board IPO. They are going to raise ₹1551 Crores via IPO. The issue is priced at ₹875 to ₹920 pr equity share. The IPO is to be listed on BSE & NSE.

When TBO TEK IPO will open?

The IPO is to open on May 8, 2024 for QIB, NII, and Retail Investors.

What is TBO TEK IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the TBO TEK IPO?

You can apply for TBO TEK IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the TBO TEK IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “TBO TEK”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the TBO TEK IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “TBO TEK”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the TBO TEK IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “TBO TEK”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is TBO TEK IPO Size?

TBO TEK IPO size is ₹1551 crores.

What is TBO TEK IPO Price Band?

TBO TEK IPO Price Band is ₹875 to ₹920.

What is the TBO TEK IPO Allotment Date?

TBO TEK IPO allotment date is May 13, 2024.

What is the TBO TEK IPO Listing Date?

TBO TEK IPO listing date is May 15, 2024. The IPO is to list on BSE and NSE.

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).

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