As of May 7, 2024, TBO Tek Limited IPO has ₹530 as Grey Market Premium, with a price range of ₹875 to ₹920 per share. Offering lots of 16 shares, the subscription window is open from May 8, 2024 to May 10, 2024.
TBO Tek Limited GMP Today
The Grey Market Premium (GMP) for TBO Tek Limited is ₹530 as of May 7, 2024. This assessment coincides with a price of ₹875 to ₹920 per share for the IPO.
TBO Tek Limited IPO Review
Tek Travels Ltd has experienced rapid revenue growth, soaring from ₹1,418.06 million in 2021 to ₹10,645.87 million in 2023, showcasing a solid market expansion and customer base increase. Equity also rose, reflecting growing investor trust and successful funding efforts.
Despite higher expenses, Tek Travels achieved substantial profits by 2023, with post-tax earnings at ₹1,484.91 million. Key financial indicators like RoNW and EPS have significantly improved, although the rise in liabilities warrants careful financial scrutiny.
TBO Tek Limited IPO Date
TBO Tek Limited will start accepting subscriptions from May 8, 2024 to May 10, 2024
TBO Tek Limited IPO Price
TBO Tek Limited’s price range is ₹875 to ₹920 per share with a face value of ₹1 each.
TBO Tek Limited
Founded during India’s aviation boom in the mid-2000s, TBO Tek’s platform aids travel agents in airline ticket bookings and supports the travel industry globally, serving clients in over 100 countries as of June 30, 2023. It offers a dual-sided platform facilitating transactions between Suppliers and Buyers, providing a comprehensive, multilingual, and multi-currency inventory for various travel needs.
How To Apply For TBO Tek Ltd IPO?
To apply for the TBO Tek through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for TBO Tek on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the TBO Tek IPO at Alice Blue in just a few clicks!