TBO Tek IPO to open tomorrow: GMP, issue details, 10 key things to know before investing to ₹1,551-crore issue

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Also Read: TBO Tek IPO to open on May 8; here's what GMP signals ahead of subscription Sellers are allowed to establish pricing for buyers and display and market their products using the company's platform. Customers may explore and book travel to places worldwide in a variety of travel segments, including leisure, business, and religious travel, with the platform's integrated, multi-currency, multi-lingual, one-stop shop. The floor price is 875 times the face value of the equity shares and the cap price is 920 times the face value of the equity shares.

The price to earning ratio at the floor price is 62.19 times and at the cap price is 65.39 times based on the diluted EPS for financial year ended as March 31, 2023. The company's promoters are Ankush Nijhawan, Arjun Nijhawan, Manish Dhingra, and Gaurav Bhatnagar. Also Read: Upcoming IPOs: 9 new public issues and 4 new listings scheduled for this week; check full list here The company's globally listed counterparts include Travel CTM (P/E of 28.34), Webjet Ltd (P/E of 213.16), and RategainTravel Technologies Ltd (P/E of 113.31), which is its Indian listed peer.

Between March 31, 2022, and March 31, 2023, TBO Tek Limited's profit after tax (PAT) climbed by 340.4%, while its revenue increased by 112.09%. Here are the 10 key things to know about TBO Tek IPO: TBO Tek IPO date: The issue opens for subscription on Wednesday, May 8, and closes on Friday, May 10. TBO Tek IPO price band: The issue's price band has been fixed in the range of ₹875 to ₹920 per equity share of face value of Re 1.