TBO Tek Limited IPO

Price
₹875 - ₹920
Lot
16
Subs.
86.69
Expected Listing Earning

Exp. Premium(GMP):
522.01(56.74%)
IPO Details

Open Date: 08-May-2024
Close Date: 10-May-2024
Allotment Date: 13-May-2024
Listing Date: 15-May-2024
Listing Price: N/A
Face Value: ₹1 Per Equity Share
Issue Price: ₹875-920 Per Equity Share
Issue Size: Total Issue Size 16,856,623 shares (aggregating up to ₹1,550.81 Cr) : Fresh Issue 4,347,826 shares (aggregating up to ₹400.00 Cr) : Offer for Sale 12,508,797 shares of ₹1 (aggregating up to ₹1,150.81 Cr)
Market Lot (Min Amount): Retail - ₹14,720 : S-HNI - ₹206,080 : B-HNI - ₹1,000,960
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

EMP

Total

Shares Offered/Reserved5,047,2042,523,6021,682,40132,6099,285,816
Day 1 - 08-05-24 
05:00 PM
0.01x2.11x3.38x2.36x1.20x
Day 2 - 09-05-24 
05:00 PM
0.17x8.21x10.14x6.63x4.18x
Day 3 - 10-05-24 
05:00 PM
125.51x50.60x25.72x17.81x86.69x
Total No. of Application:2,381,094 (Approx.)
Retail Subscription on the basis of Apps:22.64x
Valuations

Earning Per Share(EPS)14.25/-
P/E Ratio64.58
RoNW30.76%
Net Asset Value (NAV) - Post Issue:33.22/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Dec,20233,754.051,039.56154.18
31 Mar,20232,557.931,085.77148.49
31 Mar,20221,271.43511.9333.72
31 Mar,2021576.16176.55-34.14
Promoter(s)

Pre Issue Share Holding51.26%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Ankush Nijhawan
2. Gaurav Bhatnagar
3. Manish Dhingra
4. Arjun Nijhawan
Issue Objective(s)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  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.
About Company

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.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.