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TBO Tek

TBO Tek IPO Description: TBO Tek stands as a leading global travel distribution platform, facilitating connections between over 159,000 buyers across 100+ countries and more than one million suppliers as of December 31, 2023. The platform comprises two portals: TBO Holidays, catering to global travel distribution, and Travel Boutique Online, serving the needs of travel buyers in India.

The company simplifies the travel ecosystem for suppliers including hotels, airlines, car rentals, transfers, cruises, insurance, and rail, as well as retail buyers such as travel agencies and independent travel advisors. As of December 31, 2023, TBO Tek boasts a dedicated sales team of 449 members spread across 43 countries, pivotal in propelling the company’s business expansion.

With a global workforce of 2,000 employees, including off-roll staff, TBO Tek is positioned at the forefront of revolutionizing travel distribution, poised to unlock exciting opportunities in the market.

TBO Tek IPO Details

Signature Global IPO Details
TBO Tek IPO Dates
8 – 10 May 2024
TBO Tek Issue Price
Coming soon
Fresh issue
INR 400 crore
Offer For Sale
12,508,797 shares
Total IPO Size
Coming soon
Minimum bid (size)
Coming soon
Face Value
INR 1 per share
Retail Allocation
10%
Listing On
NSE, BSE

TBO Tek Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

9M FY 2024

Revenue

141.81

483.27

1,064.59

1,023.75

Expenses

176.81

470.46

914.42

858.74

Net income

(34.14)

33.72

148.49

154.18

Margin (%)

(24.07)

6.98

13.95

15.06

Figures in INR Crore unless specified otherwise

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