Recently Viewed
Clear AllBidding Date
08-May-2024 to
10-May-2024
Issue Size
₹1550.81 Cr
Price Band
₹875 to ₹920
Allotment date
13-May-2024
Listing date
15-May-2024
Lot size
16
No. of shares
1,68,56,623
Fresh issue/OFS
₹400 Cr/₹1150.81 Cr
The company originated in the mid-2000s during India's aviation boom, catalyzed by the emergence of low-cost carriers. In 2006, the founders conceptualized the TBO platform, aiming to streamline airline ticket booking for travel agents across multiple airlines. The company has evolved into a global travel distribution platform, servicing buyers and suppliers in over 100 countries. The core offerings include a wide range of travel inventory covering hotels, airlines, car rentals, transfers, cruises, insurance, rail, and more. It simplifies the business of travel for both suppliers and buyers through its two-sided technology platform, facilitating seamless transactions between them. The company operates on two primary revenue models : B2B Rate Model and Commission Model.
Read our in-depth analysis of the TBO Tek Ltd IPO Here
Category
Status
QIBs
125.5x
NIIs
50.6x
Retail
25.7x
Others
--
Total
86.7x
The issue size of TBO Tek Ltd is ₹1,550.81 Cr.
TBO Tek Ltd falls into Leisure & Recreation industry.
The TBO Tek Ltd IPO will be listed on both NSE and BSE.
The open and close dates for the TBO Tek Ltd are 08-May-2024 & 10-May-2024.
The price band for the TBO Tek Ltd ipo is ₹875 to ₹920
The listing date of TBO Tek Ltd IPO is 15-May-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
TBO Tek Ltd total subscription ratio is 86.7X.
Key financial of the TBO Tek Ltd are:
TBO Tek Ltd | FY-23 | FY-22 | FY-21 |
---|---|---|---|
Revenue (₹ Cr) | 1064.6 | 483.3 | 141.8 |
EBIT (₹ Cr) | 157.4 | 16.3 | -33.8 |
Proft after Tax (₹ Cr) | 148.5 | 33.7 | -34.1 |
Debt (₹ Cr) | 6.3 | 2.7 | 0 |
Net Worth (₹ Cr) | 337.2 | 231.9 | 204.1 |
RoE (%) | 44.04 | 14.53 | -16.71 |