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TBO Tek Limited
Issue Size (Net)
up to Rs.1,550.81 Cr
Price Band
Rs.875 to Rs.920 per share
Issue Opens
May 8, 2024
Issue Closes
May 10, 2024

Company Highlights

1.Company Information

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.

2. Objects of the Issue (TBO Tek IPO Objectives)
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.
3.TBO Tek IPO Registrar
Kfin Technologies Limited

Phone:04067162222, 04079611000

Email: tbo.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

TBO Tek Limited Financial Information (Restated Consolidated)

Period Ended
Assets
Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Dec-23
3754.05
1039.56
154.18
501.21
478.43
2.93
31-Mar-23
2557.93
1085.77
148.49
337.19
317.57
6.36
31-Mar-22
1271.43
511.93
33.72
231.9
214.08
2.69
31-Mar-21
576.16
176.55
-34.14
204.07
197.58
Amount in Rs. Crore

TBO Tek IPO Details

Issue Opening Date
May 8, 2024
Issue Closing Date
May 10, 2024
Face Value
Rs.1 per share
Price
Rs.875 to Rs.920 per share
Lot Size
16 Shares
Issue Size
16,856,623 shares (aggregating up to Rs.1,550.81 Cr)
Fresh Issue
4,347,826 shares(aggregating up to Rs.400.00 Cr)
Offer for Sale
12,508,797 shares of Rs.1(aggregating up to Rs.1,150.81 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

TBO Tek IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Wednesday, May 8, 2024
Closing 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

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

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