TBO Tek Limited IPO details. The TBO Tek IPO is open for subscription from May 8, 2024 to May 10, 2024. The price band is ₹875 to ₹920 per share. The IPO lot size is 16 shares. The total issue size is ₹1,550.81 crore.
About TBO Tek Limited.
Founded in 2006, TBO is a leading global platform that simplifies the buying and selling of travel for travel partners worldwide.
TBO’s journey started by addressing the needs of travel buyers and suppliers in the air ticketing space. Leveraging technology, they’ve grown into a comprehensive platform offering flights, hotels, rail, vacation packages, car rentals, and more.
TBO goes beyond just connecting buyers and sellers. Their platform uses data analytics, AI, and machine learning to personalize search results and boost sales of relevant travel products. This focus on technology innovation ensures a smooth and easy travel experience for users. They also offer travel APIs to integrate their services into broader travel ecosystems, and their modular platform allows them to expand their offerings and reach new markets.
TBO Tek Limited Products and Businesses.
TBO Tek provide Business-to-business (B2B) platform allowing instant booking of flights, hotels, and various travel services like car rentals, transfers, and sightseeing packages. Supported by advanced technology, it offers seamless booking for travel agents, along with an extensive range of services to ensure efficient customer service with the right pricing and availability.
TBO Tek services include everything from hotel bookings to sightseeing tours and flight reservations to full holiday packages, including insurance and transit arrangements, TBO Tek provides thousands of agents to meet their customers’ needs effectively every day.
As of now, the TBO Tek operates in over 100 countries, with a network of more than 147,000 travel agents who have access to offerings from over 1 million travel suppliers consolidated on the platform.
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TBO Tek Limited IPO Overview.
TBO Tek Limited is set to launch an Initial Public Offering (IPO). subscription will open for apply on Wednesday, May 8, 2024 with a price band of ₹875 to ₹920 per share. TBO Tek Limited IPO is scheduled to be listed on the BSE, NSE exchange on Wednesday, May 15, 2024. TBO Tek offers a business-to-business (B2B) platform that enables quick reservations for hotels, flights, and other travel-related services like transportation, vehicle rentals, and sightseeing packages.
Purpose Of The TBO Tek IPO Issue.
The company plans to allocate the net proceeds from the issue to various strategic initiatives aimed at advancing its operations and enhancing its value proposition. These objectives include expanding both the Supplier and Buyer base, thereby broadening the platform’s reach and effectiveness. Additionally, the company aims to amplify the value of its platform by introducing new lines of business, fostering innovation, and meeting evolving market demands. Furthermore, the funds will support inorganic growth strategies through selective acquisitions, enabling the company to capitalize on synergies with its existing platform and drive expansion. Moreover, the company intends to leverage the data it procures to develop tailored travel solutions for its Buyers and Suppliers, enhancing customer satisfaction and market competitiveness.
TBO Tek Limited IPO Details.
| IPO Date | May 8, 2024 to May 10, 2024 |
| Face Value | ₹1 per share |
| Price Band | ₹875 to ₹920 per share |
| Lot Size | 16 Shares |
| Listing At | BSE, NSE |
TBO Tek Limited IPO Timetable (Tentative), Open Date, Close Date, Allotment, Listing Date.
| IPO Open Date | Wednesday, May 8, 2024 |
| IPO Close Date | Friday, May 10, 2024 |
| Basis of Allotment | Monday, May 13, 2024 |
| Initiation of Refunds | Tuesday, May 14, 2024 |
| Credit of Shares to Demat | Tuesday, May 14, 2024 |
| Listing Date | Wednesday, May 15, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 10, 2024 |
TBO Tek Limited IPO Lot Size, Retail Minimum Investment & Maximum Investment.
| Retail (Minimum) | 1 Lot | 16 Shares | ₹14,720 |
| Retail (Maximum) | 13 Lot | 208 Shares | ₹191,360 |
TBO Tek Limited IPO Grey Market Price. TBO Tek IPO GMP Today.
Kindly be aware that the GMP prices displayed here are exclusively for informational purposes related to the grey market. We neither participate in nor endorse any transactions or dealings within the grey market, including its rates. Additionally, we do not advise or encourage investment in grey market trading.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 07-05-2024 | 920.00 | ₹530 | ₹1450 (57.61%) | 8-May-2024 0:29 |
| 06-05-2024 | 920.00 | ₹530 | ₹1450 (57.61%) | 7-May-2024 0:31 |
| 05-05-2024 | 920.00 | ₹510 | ₹1430 (55.43%) | 6-May-2024 0:31 |
| 04-05-2024 | 920.00 | ₹520 | ₹1440 (56.52%) | 5-May-2024 0:32 |
| 03-05-2024 | 920.00 | ₹460 | ₹1380 (50%) | 4-May-2024 0:28 |
| 02-05-2024 | NA | ₹405 | ₹405 (%) | 3-May-2024 0:24 |
| 01-05-2024 | ₹0 | ₹ (0%) | 1-May-2024 7:03 | |
| 30-04-2024 | ₹0 | ₹ (0%) | 30-Apr-2024 11:22 |
How To Buy TBO Tek Limited IPO?
TBO Tek Limited IPO applications can be submitted online with either UPI or ASBA as a payment method.
The ASBA IPO application is available in your bank’s net banking.
You can apply for TBO Tek Limited IPO via UPI Payment directly from the broker platforms that offer IPO. You can also apply for TBO Tek Limited IPO through the below broker platforms.
- Apply for TBO Tek Limited IPO in Zerodha.
Create an Account & Apply for TBO Tek Limited IPO In Zerodha.
- Apply for TBO Tek Limited IPO in Upstox.
Create an Account & Apply for TBO Tek Limited IPO In Upstox.
TBO Tek Limited IPO Frequently Asked Questions. People Also Ask for TBO Tek Limited IPO.
What is TBO Tek IPO?
TBO Tek Limited is set to launch an Initial Public Offering (IPO). subscription will open for apply on Wednesday, May 8, 2024 with a price band of ₹875 to ₹920 per share. TBO Tek Limited IPO is scheduled to be listed on the BSE, NSE exchange on Wednesday, May 15, 2024. TBO Tek offers a business-to-business (B2B) platform that enables quick reservations for hotels, flights, and other travel-related services like transportation, vehicle rentals, and sightseeing packages.
When TBO Tek IPO will open?
TBO Tek IPO will open for apply on Wednesday, May 8, 2024.
When TBO Tek IPO will close?
TBO Tek IPO will close on Friday, May 10, 2024.
What is the allotment date for TBO Tek IPO?
The allotment date for TBO Tek IPO is on Monday, May 13, 202.
When are TBO Tek IPO shares credited to the Demat account?
TBO Tek IPO shares will credit to the Demat account on Tuesday, May 14, 2024
What is TBO Tek IPO listing price?
As on 8 May 2023, the TBO Tek IPO gmp is ₹530 with an estimated listing price of ₹1450 (57.61%).
What is TBO Tek IPO GMP today?
As on 8 May 2023, the TBO Tek IPO gmp is ₹530.
How to apply for TBO Tek IPO?
TBO Tek Limited IPO applications can be submitted online with either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. You can apply for TBO Tek Limited IPO via UPI Payment directly from the broker platforms that offer IPO.
You can also apply for TBO Tek Limited IPO through the below broker platforms.
Apply for TBO Tek Limited IPO in Zerodha.
Create an Account & Apply for TBO Tek Limited IPO In Zerodha.
Apply for TBO Tek Limited IPO in Upstox.
Create an Account & Apply for TBO Tek Limited IPO In Upstox.
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