31 Mar 2021
Assets576.16
Total Income176.55
Profit After Tax-34.14
NET Worth204.07
Reserves and Surplus197.58
At a glance
Updated 2026-08-24The shares listed at ₹1,426.00, a 55.00% move from the issue price. TBO Tek is a Mainboard IPO with an issue size of ₹1,550.81 crore, proposed for listing on BSE, NSE. The offer opens on 8th May 2024 and closes on 10th May 2024. The issue structure includes a fresh issue of ₹400.00 crore and an offer-for-sale component of ₹1,150.81 crore. The current listing schedule points to 15th May 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,550.81 Cr
Fresh issue₹400.00 Cr
Offer for sale₹1,150.81 Cr
Face value₹1
Price band₹875.00–₹920.00
Allotment13th May 2024
Listing15th May 2024
Listing performance
Full performance ↗Issue price₹920.00
Listing price₹1,426.00
Current price—
Listing gain55.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹300.00
GMP / upper price32.61%
Est. listing₹1,220.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens8th May 2024
Closes10th May 2024
Allotment13th May 2024
Refund14th May 2024
Demat14th May 2024
Listing15th May 2024
Subscription demand
Full bidding ↗Total86.69×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 16 | ₹14,720 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Growth and strengthening of the platform by adding new Buyers and Suppliers investment in technology and data solutions by the Company | ₹135.00 Cr |
| Growth and strengthening of the platform by adding new Buyers and Suppliers investment in the Material Subsidiary, Tek Travels DMCC, for onboarding platform users through marketing and promotional activities hiring sales and contracting personnel for augmenting the Supplier and Buyer base outside India | ₹100.00 Cr |
| Growth and strengthening of the platform by adding new Buyers and Suppliers investment in sales, marketing and infrastructure to support organizations growth plans in India | ₹25.00 Cr |
| Unidentified inorganic acquisitions | ₹40.00 Cr |
| General Corporate Purposes | ₹81.06 Cr |
| Total | ₹381.06 Cr |
Financials
Full financials ↗31 Mar 2022
Assets1,271.43
Total Income511.93
Profit After Tax33.72
NET Worth231.90
Reserves and Surplus214.08
Total Borrowing2.69
31 Mar 2023
Assets2,557.93
Total Income1,085.77
Profit After Tax148.49
NET Worth337.19
Reserves and Surplus317.57
Total Borrowing6.36
31 Dec 2023
Assets3,754.05
Total Income1,039.56
Profit After Tax154.18
NET Worth501.21
Reserves and Surplus478.43
Total Borrowing2.93
Trend chart₹ crore
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| RoNW | 30.76% |
| Price to Book Value | 18.66 |
Valuation & shareholding
Pre-IPO EPS14.25
Post-IPO EPS18.93
Pre-IPO P/E64.58
Post-IPO P/E48.6
Promoter holding pre51.26%
Promoter holding post44.41%
Market cap₹9990.08 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs fees and commissions (including any underwriting commission, brokerage and selling commission) | ₹46.04 Cr |
| Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹1.30 Cr |
| Fees payable to Registrar to the Offer | ₹0.02 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | — |
| Printing and stationery | ₹1.36 Cr |
| Fee payable to legal counsels | ₹6.33 Cr |
| Advertising and marketing | ₹4.74 Cr |
| Miscellaneous | ₹7.97 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- JM Financial Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.