TBO Tek IPO allotment expected tomorrow: Check status, GMP, listing date and other details
TBO Tek is likely to finalise the share allotment on Monday. The issue was booked over 80 times at close on strong interest from non-institutional investors. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar's website.
Firstly, here's how you can know the status on the BSE
Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)
Step 2: Please select the issue name, that is company's name in the drop-down.
Step 3: Enter the application number or PAN number to check the allotment status.
Also Read: IPO Calendar: Primary market to host Go Digit's highly-anticipated issue, 4 SME IPOs & 12 listings next week
To check the status of TBO Tek IPO allotment through the registrar, which is Kfin Technologies in this case, kindly follow the below steps.
Step 1: Visit the Kfin Technologies website (https://rti.kfintech.com/ipostatus/)
Step 2: Select TBO Tek IPO
Step 3: Enter the PAN details and click search to know the status
TBO Tek GMP
In the unlisted market, the company's shares are trading with a premium of Rs 550. This compares with an IPO price of 920, indicating a gain of over 60% on listing day, which is fixed as May 15.
Ahead of the issue opening, the company raised nearly Rs 697 crore from anchor investors.
The funds raised through the fresh issue would be used for the growth and strengthening of the company platform by adding new buyers and suppliers and towards unidentified inorganic acquisitions along with general
