TBO Tek IPO

LISTED

TBO Tek Ltd · Mainboard IPO · NSE · Technology

Price Band

₹875 – ₹920

Issue Size

₹1551 Cr

Lot Size

16

Listing Gain

+55.05%

About TBO Tek Ltd & Business Model

TBO Tek Ltd is a global travel distribution platform that connects travel buyers (travel agencies, OTAs) with travel suppliers (airlines, hotels) through its B2B technology platform.

Business Operations & Revenue Model

TBO Tek Ltd operates a scalable business model focused on value creation within Technology. Revenue is generated through primary product sales, long-term service contracts, B2B distribution networks, and key institutional partnerships. The business leverages automated manufacturing facilities, strict quality control systems, and strategic sourcing to maintain competitive margins and reliable service delivery.

Products & Key Services

1. Core Product & Service Offerings: Comprehensive product lines engineered for Technology standards. 2. Customized Solutions: Bespoke product configurations designed to meet specific B2B and institutional client specifications. 3. After-Market & Value-Added Services: Dedicated maintenance, technical support, and supply chain fulfillment services.

Promoters & Corporate Leadership

TBO Tek Ltd is led by experienced promoters with extensive industry track records and strategic governance capabilities. The leadership team brings multi-decade experience across operations, commercial strategy, corporate administration, and fiscal management.

Objects of the Issue (IPO Objectives)

The company proposes to utilize ₹400.00 Cr for the following primary objectives: 1. Funding capital expenditure requirements for expanding operational infrastructure and technology upgrades. 2. Meeting working capital requirements to support continuous business expansion. 3. Prepayment or repayment of certain outstanding borrowings to optimize capital structure. 4. General corporate purposes and strategic growth initiatives.

IPO Details & Terms

IPO TypeMAINBOARD · BOOK BUILDING
Price Band₹875 – ₹920
Face Value₹1
Issue Size₹1551.00 Cr
Fresh Issue₹400.00 Cr
Offer for Sale₹1151.00 Cr
Lot Size16
Min. Investment₹14,720
Max Retail LotsN/A
ExchangeNSE
NSE SymbolTBOTEK
BSE Code543e62
ISININE0C7A01018
QIB Quota50%
NII Quota15%
Retail Quota35%
RegistrarKFin Technologies Ltd

Strengths & Risks

✅ Strengths

  • Established market presence and strong brand recognition in Technology.
  • Integrated operational capabilities with focus on quality assurance and efficiency.
  • Diversified customer base reducing revenue concentration risk.
  • Experienced promoter and management team with strong domain expertise.
  • Scalable operational architecture positioned for future expansion.

⚠️ Risks

  • Fluctuations in key raw material availability and pricing could impact gross operating margins.
  • Dependency on third-party logistics and supply chain partners for timely distribution.
  • Intense market competition from both domestic established players and new entrants in Technology.
  • Regulatory changes or macroeconomic shifts affecting industry demand cycles.
  • Working capital intensive business operations requiring consistent cash flow management.

🚀 Opportunities

  • Expansion into high-growth regional and export markets.
  • Introduction of innovative product lines targeting evolving customer preferences in Technology.
  • Operational efficiency improvements through increased automation and digital integration.

Frequently Asked Questions

What is TBO Tek IPO?

TBO Tek IPO is an IPO by TBO Tek Ltd (Technology sector). The issue price is ₹875 – ₹920 with a lot size of 16 shares.

What is the minimum investment for TBO Tek IPO?

The minimum investment for TBO Tek IPO is approximately ₹14,720 (1 lot of 16 shares at ₹920 upper price band).

When is the TBO Tek IPO allotment?

The allotment date for TBO Tek IPO is 13 May 2024.

When does TBO Tek IPO list?

TBO Tek IPO is scheduled to list on 15 May 2024.

Key Dates

DRHP DateN/A
RHP DateN/A
Open Date08 May 2024
Close Date10 May 2024
Allotment13 May 2024
RefundN/A
Demat CreditN/A
Listing Date15 May 2024

IPO Rating

4.0
Overall Rating out of 5
Business
4.2/5
Financials
3.9/5
Valuation
3.8/5
Growth
4.1/5
Risk
3.5/5

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Check on KFin Technologies Ltd

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