TBO Tek is one of the leading global travel distribution platforms. The company simplifies the business of travel for suppliers such as hotels, airlines, car rentals, transfers, cruises, insurance, rail and others, and buyers that includes, retail buyers such as travel agencies and independent travel advisors; and enterprise buyers that include tour operators, travel management companies, online travel companies, super-apps and loyalty apps through their two-sided technology platform that enables suppliers and buyers to transact seamlessly with each other.
The offer comprises of a fresh issue of Rs.900 crore and an offer for sale of Rs.1,200 crore taking the total issue size to Rs.2,100 crore.
The proceeds from the issue will be utilised in growing and strengthening the platform by adding new buyers and suppliers and strategic acquisitions and investments towards organic growth.
Listing at NSE, BSE
|IPO Open Date||To be announced|
|IPO Close Date||To be announced|
|Allotment Date||To be announced|
|Initiation Of Refunds||To be announced|
|Credit Of Shares To
|To be announced|
|IPO Listing Date||To be announced|
|UPI Mandate Expiry Date||To be announced|
|Particulars||For the year/period ended (₹ in million)|
|Revenue From Operation||1,418.06||5,707.92||4,408.55|
|EBITDA Margin (%)||16.00||4.88||9.93|
|Profit After Tax||(341.44)||729.28||263.33|
A simple and smartest way to apply in IPO online via Religare Dynami Mobile App
Here are our top reasons:
Platform creating network effect with interlinked flywheels to enhance value proposition for partners
Ability to generate and leverage large data assets
Capital efficient business model with a combination of strong growth and profitability
Any change in relationship with suppliers could negatively impact the business
Business is exposed to pricing pressure from suppliers
Any factor negatively impacting the global tourism and travel segment will affect the company’s future cash flow
Retail investors need to apply for the IPO using UPI
Fill up your personal details in the form above
Fill up your DOB, PAN, email & bank account details
Upload your photo and e-sign your application via Aadhaar OTP
TEK Limited will float a public issue of Rs 21000 crore IPO, consisting of Rs 900 crore in fresh issues and Rs 1200 crore is an offer for sale of equities.
A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.
IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.
Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.
You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.
IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.
Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.
Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.