TBO Tek Limited IPO Date, Price, GMP, Review, Details

The TBO Tek has begun on 08-May-2024. It will close on 10-May-2024. The Total IPO Size is 1,550.81 Crore. The company set its IPO price is 875-920 Rs Per Share.

TBO Tek IPO Subscription is divided into three categories 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.

TBO Tek is a top travel distribution platform in the world’s travel and tourism sector in terms of GTV and revenue from operations for Fiscal 2023.

They operate an online B2B travel distribution platform ( tbo.com ) that provides a wide range of offerings and connects Buyers and Suppliers. By using their 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

They providing a wide range of offerings operating in over 100 countries.



They have two key revenue models for their transaction.

1) B2B Rate Model : They receive inventory from their Suppliers at a special B2B rate. They apply a certain mark-up on this rate and
pass this price on to Buyers.

2) Commission Model : The Suppliers fix the price at which they want to sell to the end traveller. They receive commission on each such transaction from the Supplier, part of which they retain and part of which we share with the Buyer.

TBO Tek Promoters Details

Ankush Nijhawan, Gaurav Bhatnagar, Manish Dhingra, and Arjun Nijhawan are the Promoters of the company.

TBO Tek IPO Date, Details & Price Band

The TBO Tek IPO Price Band, IPO Dates, Market lot and other details mention in be below table.

IPO Opening Dates 08-May-2024
IPO Closing Dates 10-May-2024
Price Band 875-920 Rs
Fresh Issue 400 Crore
OFS 1,150.81 Crore
Total IPO size 1,550.81 Crore
Minimum bid (lot size) 16 Shares
Face Value 1 INR Per Share
Issue Type Book Built Issue IPO
QIB Allocation 75%
HNI Allocation 15%
Retail Allocation 10%
Listing On NSE, BSE

TBO Tek IPO Market Lot

The TBO Tek IPO minimum market lot is 16 shares With 14,720 ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 16 14,720 ₹
Retail Maximum 13 208 1,91,360 ₹

Restated Financial Record of the three year (Amt. in Crore)

Total Assets Total Revenue Profit After Tax
31-Mar-23 2,557.93 1,085.77 148.49
31-Mar-22 1,271.43 511.93 33.72
31-Mar-21 576.16 176.55 -34.14

TBO Tek IPO GMP & Grey Market Premium

TBO Tek IPO GMP Grey market premium has been started today. Check Latest TBO Tek IPO GMP, Kostak Rates and Subject to Sauda Price here.

TBO Tek IPO Prospectus

TBO Tek IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download TBO Tek IPO Prospectus.

TBO Tek IPO Documents Download
DRHP Download
RHP Download
Anchor Investors List Download

TBO Tek IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

TBO Tek IPO Form Download

TBO Tek IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download TBO Tek IPO forms.

TBO Tek IPO Allotment Date & Details

Allotment Date 13-MAY-2024
Initiation of refunds 14-MAY-2024
Transfer of shares to Demat accounts 14-MAY-2024
Listing Date 15-MAY-2024
Check Allotment Status Click here

Registrar of TBO Tek

KFin Technologies Limited (formerly
known as KFin Technologies Private Limited)
Selenium, Tower B, Plot No. 31 and 32,
Financial District
Nanakramguda, Serilingampally
Hyderabad – 500 032
Telangana, India
Telephone: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Investor Grievance E-mail:
[email protected]
Contact Person: M. Murali Krishna
SEBI Registration No: INR000000221

TBO Tek Contact Details

TBO Tek Limited
E – 78,
South Extension Part I,
New Delhi – 110 049
Phone: +91 124 499 8999
Email: [email protected]
Website: http://www.tbo.com/

TBO Tek IPO Lead Managers

Axis Capital Limited
Goldman Sachs (India) Securities Private Limited
Jefferies India Private Limited
JM Financial Limited