TBO Tek IPO
Travel Tech/B2B - Listed on 15 May 2024
TBO Tek IPO listing summary
TBO Tek (Travel Tech/B2B) closed its IPO window in 2024 and listed on NSE and BSE on 15 May 2024 at an upper band issue price of Rs 920, opening at Rs 1426 for a listing gain of +54.6% and closing day one at Rs 1406.3 (+33.0% on closing basis). The IPO was subscribed 25.49x overall - QIB 72.78x, HNI/NII 16.50x, Retail 2.45x. The total issue size was Rs 1,550.81 Cr (Fresh Issue Rs 400 Cr, OFS Rs 1150.81 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
TBO Tek IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 60 | +5.20% |
| Day 2 | Rs 70 | +6.62% |
| Day 3 | Rs 70 | +6.43% |
| Day 4 | Rs 70 | +6.15% |
| Day 5 | Rs 65 | +6.62% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the TBO Tek IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
TBO Tek IPO - FAQs
What was the listing gain of TBO Tek IPO?
TBO Tek IPO listed at +54.6% versus the upper issue price of Rs 920 on 15 May 2024.
How many times was TBO Tek IPO subscribed?
TBO Tek IPO was subscribed 25.49x overall. QIB portion was subscribed 72.78x, HNI / NII 16.50x and Retail 2.45x.
What was the IPO GMP for TBO Tek?
IPO GMP started at Rs 60 on Day 1 and moved to Rs 65 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.