TBO Tek Limited IPO : Review & Complete Analysis

TBO Tek Limited's IPO date is slated to be open for subscription from May 8, 2024, to May 10, 2024. This BSE, NSE IPO follows a Book Built Issue IPO.TBO Tek Limited IPO price is fixed in the range of Rs.875 to Rs.920 per share. The total issue size of this IPO amounts to Rs.1,550.81 Cr. The company has allocated shares 10% to retail investors, 75% to institutional and 15% to non-institutional investors.

May 7, 2024 - 17:54

0 13

TBO Tek Limited IPO

TBO Tek Limited has demonstrated impressive growth in total assets, net worth, and total revenue compared to the previous fiscal years. The company's profit after tax has also increased, indicating its strong financial position and potential for further expansion.

Strengths and Weaknesses

The company's strengths include a robust two-sided technology platform, a global presence, and the ability to leverage data for personalized travel solutions. However, challenges such as pricing pressure from suppliers, contingent liabilities, and regulatory issues pose potential risks to its operations.

IPO Details

TBO Tek Limited's IPO is scheduled from May 8 to May 10, 2024, with a price range of Rs. 875 to Rs. 920 per share. The issue size amounts to Rs. 1,550.81 crore, with shares allocated to retail, institutional, and non-institutional investors. The proceeds from the IPO will be used for expanding the supplier and buyer base, adding new lines of business, and inorganic growth through acquisitions.

TBO Tek Limited's IPO presents an opportunity for investors to participate in a leading player in the travel and tourism industry. With its strong financial performance and global reach, the company is well-positioned for future growth. However, investors should carefully consider the risks associated with the business, including regulatory challenges and market competition, before making investment decisions.