TBO Tek Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 07-05-2024 | 09-05-2024 | 1 per share | 0 | 16 Shares | BSE, NSE | 16,856,623 shares (aggregating up to ₹1,550.81 Cr) | 2024-05-12 18:30:00 | 2024-05-13 18:30:00 | 2024-05-13 18:30:00 | 14-05-2024 |
About The Company
TBO Tek IPO is a book built issue of Rs 1,550.81 crores. The issue is a combination of fresh issue of 0.43 crore shares aggregating to Rs 400.00 crores and offer for sale of 1.25 crore shares aggregating to Rs 1,150.81 crores.
TBO Tek IPO bidding started from May 8, 2024 and ended on May 10, 2024. The allotment for the TBO Tek IPO is expected to be finalized on Monday, May 13, 2024. TBO Tek IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, May 15, 2024.
TBO Tek IPO price band is set at ₹875 to ₹920 per share. The minimum lot size for an application is 16 Shares. The minimum amount of investment required by retail investors is ₹14,720. The minimum lot size investment for sNII is 14 lots (224 shares), amounting to ₹206,080, and for bNII, it is 68 lots (1,088 shares), amounting to ₹1,000,960.
Axis Capital Limited, Jefferies India Private Limited, Goldman Sachs (India) Securities Private Limited and Jm Financial Limited are the book running lead managers of the TBO Tek IPO, while Kfin Technologies Limited is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-12-2023 | 3754 | 1040 | 154 | 501.21 | 478.43 | 2.93 |
| 30-03-2023 | 2558 | 1086 | 148 | 337.19 | 317.57 | 6.36 |
| 30-03-2022 | 1271 | 512 | 34 | 231.9 | 214.08 | 2.69 |
| 30-03-2021 | 576 | 177 | -34 | 204.07 | 197.58 | 0 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Qualified Institutions | 125.51 |
| Non-Institutional Buyers | 50.60 |
| bNII (bids above ₹10L) | 55.82 |
| sNII (bids below ₹10L) | 40.15 |
| Retail Investors | 25.72 |
| Employees | 17.81 |
| Total | 86.69 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 16 | 14720 |
| Retail (Max) | 13 | 208 | 191360 |
| S-HNI (Min) | 14 | 224 | 206080 |
| S-HNI (Max) | 67 | 1072 | 986240 |
| B-HNI (Min) | 68 | 1088 | 1000960 |
IPO Listing Details
| Listing Date | 14-05-2024 |
| BSE Script Code | n/a |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Promoter holdings
Ankush Nijhawan, Gaurav Bhatnagar, Manish Dhingra, and Arjun Nijhawan are the company's promoters.
Contact Information of the Company
TBO Tek Limited
E - 78,
South Extension Part I,
New Delhi – 110 049
Phone: +91 124 499 8999
Email: corporatesecretarial@tbo.com
Website: http://www.tbo.com/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: tbo.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Axis Capital Limited (Past IPO Performance) Jefferies India Private Limited (Past IPO Performance) Goldman Sachs (India) Securities Private Limited (Past IPO Performance) Jm Financial Limited (Past IPO Performance)