TBO Tek Limited IPO Thrives with 1.73x Interest on day 2!

On day two, TBO Tek Limited IPO interest varied: QIBs at 0.16x, Non-Institutional Investors 2.78x, RIIs 4.82x, Employees 2.90x, totaling a subscription of 1.73 times.
TBO Tek Limited IPO Thrives with 1.73x Interest on day 2!

TBO Tek Limited IPO subscription status on day two showed varied interest across different investor groups. Qualified Institutional Buyers subscribed at 0.16 times, Non-Institutional Investors at 2.78 times, Retail Individual Investors at 4.82 times, Employees at 2.90 times, totaling 1.73 times.

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How To Check TBO Tek Limited IPO Subscription Status? 

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the TBO Tek Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

TBO Tek Limited IPO Allotment Status

The allotment date for the TBO Tek Limited IPO is set for May 13, 2024, with shares priced at a range of ₹875 to ₹920 per share and a face value of ₹1. The offering consists of lots of 16 shares, with bids accepted for these lots or their multiples.

TBO Tek Limited IPO Subscription Status

TBO Tek Limited IPO Day 1 saw varied subscription levels across different investor categories: QIB at 0.01 times, NII at 2.08 times, RII at 3.13 times, and Employees at 2.22 times, totaling a subscription of 1.15 times.

TBO Tek Limited IPO Listing Date 

TBO Tek Limited IPO is expected to be listed on the NSE SME on May 15, 2024.

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