After a bumper response for the IPO, TBO Tek is at probability of finalise the part portion on Monday. The suppose became once booked over 80 occasions at shut on sturdy curiosity from non-institutional investors. Investors can take a look at the characteristic of their part portion on the BSE or even by logging in to the registrar's net snarl.
On the origin, here's the system you could per chance possibly know the characteristic on the BSE
Step 1: Consult with the BSE Internet page (https://www.bseindia.com/investors/appli_check.aspx)
Step 2: Please decide the suppose establish, that's firm's establish within the fall-down.
Step 3: Enter the applying amount or PAN amount to examine the portion characteristic.
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To establish the characteristic of TBO Tek IPO portion thru the registrar, which is Kfin Technologies in this case, kindly be aware the under steps.
Step 1: Consult with the Kfin Technologies net snarl (https://rti.kfintech.com/ipostatus/)
Step 2: Pick out TBO Tek IPO
Step 3: Enter the PAN info and click search to understand the characteristic
TBO Tek GMP
In the unlisted market, the firm's shares are trading with a top price of Rs 550. This compares with an IPO ticket of 920, indicating a affect of over 60% on list day, which is mounted as Would possibly well 15.
Forward of the suppose opening, the firm raised with regards to Rs 697 crore from anchor investors.
The funds raised thru the fresh suppose would be fashioned for the enhance and strengthening of the firm platform by adding fresh merchants and suppliers and in opposition to unidentified inorganic acquisitions along with in vogue company beneficial properties.
TBO simplifies the trade of ride for suppliers equivalent to hotels, airways, and retail merchants equivalent to ride agencies and endeavor merchants that encompass tour operators, and ride management companies thru the two-sided technology platform that enables suppliers and merchants to transact seamlessly with every diversified.
The platform connects over 147,000 merchants all over more than 100 worldwide locations with over 1,000,000 suppliers as of June 2023. Unprejudiced no longer too long ago, leading funding firm Overall Atlantic received a minority stake in TBO.
In 2023, the ride and tourism industry is estimated to get greater at ride, growing 18% YoY from 2022 to attain $1.9 trillion, and is anticipated to grow at a CAGR of 8.2% to attain $2.6 trillion in 2027.
Axis Capital, Goldman Sachs (India) Securities, JM Financial, and Jefferies India are the e book-running lead managers to the suppose.