IPO Date: 8 May - 10 May 2024
Listing Date: 15 May 2024
Price Range
₹875 to ₹920 per share
Issue Size
1550.81 Cr
Min Investment
₹14,000
Lot Size
16 Shares
Issue open date
8 May 2024
Issue close date
10 May 2024
UPI mandate deadline
10 May 2024 (5 PM)
Allotment finalization
13 May 2024
Share credit
14 May 2024
Listing date
15 May 2024
Mandate end date
N/A
Funds Raised in the IPO | Amount |
---|---|
Overall | 1550.81 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 13 May 2024 |
Allotment Link | {Link} |
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
Date | Ipo Price | GMP | Estimated Listing Price |
---|---|---|---|
15 May 2024 | ₹920 | ₹300 | ₹1220 (32.61%) |
14 May 2024 | ₹920 | ₹350 | ₹1270 (38.04%) |
13 May 2024 | ₹920 | ₹455 | ₹1375 (49.46%) |
12 May 2024 | ₹920 | ₹508 | ₹1428 (55.22%) |
11 May 2024 | ₹920 | ₹510 | ₹1430 (55.43%) |
10 May 2024 | ₹920 | ₹535 | ₹1455 (58.15%) |
9 May 2024 | ₹920 | ₹540 | ₹1460 (58.7%) |
8 May 2024 | ₹920 | ₹540 | ₹1460 (58.7%) |
7 May 2024 | ₹920 | ₹530 | ₹1450 (57.61%) |
6 May 2024 | ₹920 | ₹530 | ₹1450 (57.61%) |
5 May 2024 | ₹920 | ₹510 | ₹1430 (55.43%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹875 to ₹920 per share | ₹ 13855 (52.86%) | ₹ 1365 | 48.37% |
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.
Founded in | 2006 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 125.51 |
Non-Institutional Investors (NIIs) | 50.6 |
Retail Individual Investors (RIIs) | 25.72 |
Employee | 17.81 |
Total | 86.69 |