TBO Tek
TBO Tek Info
Details about the TBO Tek IPO. Opening Date of TBO Tek is 08 May 24 and Closing Date is 10 May 24 . Face Value of Each share of TBO Tek is ₹1 per share. Price band of TBO Tek is ₹875 to ₹920. The Lot size of TBO Tek is 16 shares. Total issue size of TBO Tek IPO is ₹1550.81 cr. Fresh Issue of TBO Tek IPO is 400 cr. TBO Tek IPO also includes offer for sale of ₹1,150.81 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of TBO Tek is 104,239,961. Share Holding Post Issue of TBO Tek is 108,587,787.
Business Summary
TBO Tek operate an online B2B travel distribution platform that provides a wide range of offerings and connects Buyers and Suppliers.
Company simplify the business of travel by centralizing transactions on a single user-friendly platform. By using the platform suppliers such as hotels, airlines, car rentals, transfers, cruises, insurance, rail and others can connect with buyers such as travel agencies, independent travel advisors, tour operators, travel management companies, online travel companies, super-applications and loyalty applications thereby streamlining the entire process.
TBO Tek IPO Details
| Open Date | 08 May 24 |
|---|---|
| Close Date | 10 May 24 |
| Face Value | ₹1 per shares |
| Price Band | ₹875 - ₹920 |
| Lot Size | 16 Shares |
| Total issue Size | 16,856,623 Shares ₹1550.81 cr |
| Fresh Issue | 4,347,826 Shares ₹400 cr |
| Offer for Sale | 12,508,797 Shares (₹1,150.81 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 104,239,961 |
| Share Holding Post Issue | 108,587,787 |
| RHP , DHRP | View RHP, View DRHP |
TBO Tek IPO Timeline
The TBO Tek Initial Public Offering (IPO) is set to open on 08 May 24 and will end its subscription phase on 10 May 24. You can check your allotment status for TBO Tek on 13 May 24. The refund process for your funds will start promptly on 14 May 24. TBO Tek IPO credit of shares will be on 14 May 24. The listing date for TBO Tek is on 15 May 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
TBO Tek IPO Reservation
The TBO Tek IPO reserves shares for different investor categories. Approximately Not less than 75.00% of the Net offer will be available for QIB, Not more than 15.00% of the Offer will be available for NII, Not more than 10.00% of the Offer will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not less than 75.00% of the Net offer |
| NII | Not more than 15.00% of the Offer |
| Retail | Not more than 10.00% of the Offer |
TBO Tek IPO Lot Size
Bids can be made for minimum of 16 shares and in multiple of 16 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 16 | 14,720 |
| Retail (Max) | 13 | 208 | 191,360 |
| S-HNI (Min) | 14 | 224 | 206,080 |
| S-HNI (Max) | 67 | 1,072 | 986,240 |
| B-HNI (Min) | 68 | 1,088 | 1,000,960 |
TBO Tek IPO Promoters Holding
Promoters holding details for TBO Tek in the current issue is as follows: The share holding of promoters before the issue stands at 51.26%, and after the issue, it has been adjusted to -%.
Promoters of TBO Tek are Ankush Nijhawan, Gaurav Bhatnagar, Manish Dhingra, Arjun Nijhawan,
| Share Holding Pre Issue | 51.26% |
|---|---|
| Share Holding Post Issue | -% |
TBO Tek Financial Information
Financial performance details for TBO Tek over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 3,754.05 | 2,557.93 | 1,271.43 | 576.16 |
| Revenue | 1,039.56 | 1,085.77 | 511.93 | 176.55 |
| Profit After Tax | 154.18 | 148.49 | 33.72 | -34.14 |
TBO Tek IPO Key Performance Indicator
Key Performance Indicators (KPIs) for TBO Tek are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 64.58 |
| RoNW | 30.76% |
| EPS (Rs) | 14.25 |
Object of the Issue
- • Expansion of the Supplier and Buyer base
- • Amplification of value of our platform by adding new lines of businesses
- • Inorganic growth through selective acquisitions and building synergies with our existing platform
- • Leveraging data procured to offer bespoke travel solutions to our Buyers and Suppliers
Contact Details for TBO Tek
Phone
Office
E - 78, South Extension Part I, New Delhi – 110 049
Registrar Details for TBO Tek
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India
Lead Manager
- • Axis Capital Limited
- • Jefferies India Private Limited
- • Goldman Sachs Securities Private Limited
- • JM Financial Limited