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TBO Tek IPO

Open 8th May 2024 · Close 10th May 2024 · Listing 15th May 2024

Verified 2026-08-2489% data coverage
Issue Price₹920.00
Listing Price₹1,426.00
Current Price
Listing Gain55.00%
Current Return

IPO Objectives

TBO Tek IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Growth and strengthening of the platform by adding new Buyers and Suppliers investment in technology and data solutions by the Company₹135.00 Cr
2Growth 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
3Growth 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
4Unidentified inorganic acquisitions₹40.00 Cr
5General Corporate Purposes₹81.06 Cr
6Total₹381.06 Cr