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TBO Tek, a prominent travel distribution platform, has obtained approval from Sebi to raise funds through an IPO. The offering comprises fresh equity worth Rs 400 crore and an offer for sale of up to 1.56 crore shares.
Awfis Space Solutions' IPO includes a fresh issue of ₹160 Crore and an offer-for-sale of up to 10.02 million shares by existing shareholders and promoters.
The Securities Exchange Board of India (SEBI) on April 23 gave its nod to the IPOs of Awfis Space Solutions Ltd and TBO Tek Ltd. Awfis aims to raise ₹160 crore, and TBO Tek mulls a ₹400 crore fresh issue.