TBO Tek IPO: Retail portion fully subscribed within hours of opening. Check GMP, subscription status, key dates, more.
₹14.07 on a fully diluted basis. Based on this EPS, the PE band would be 62.19-65.39. The mentioned businesses are essentially online travel companies like Make My Trip, Easy Trip, and Yatra Online who would be using the platform supplied by TBO Tek Limited.
There is no comparable peer in India in this market. The issue has potential for listing as well as for the medium to long term, believes Arun. The issue that has opened for subscription today (Wednesday, May 8), will close on Friday, May 10.
The issue's price band has been fixed in the range of ₹875 to ₹920 per equity share of face value of Re 1. The IPO's lot size is 16 equity shares and in multiples of 16 equity shares thereafter. On Tuesday, May 7, TBO Tek IPO raised ₹696.5 crore from 47 anchor investors at the upper price band of ₹920 per equity share.
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