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TBO Tek IPO to open on May 8; here s what GMP signals ahead of subscription

Ahead of opening of the issue, the shares of TBO Tek are commanding a premium of ₹520 in the grey market, according to market observers.

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TBO Tek announces price band for its Rs 1,550 crore IPO Details here

TBO Tek IPO, which closes on May 10, includes fresh equity of Rs 400 crore and an offer for sale (OFS) of up to 1.25 crore shares. Under the OFS, promoters Gaurav Bhatnagar, Manish Dhingra, LAP Travel and other selling shareholders TBO Korea, Augusta TBO will offload the shares.

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TBO Tek IPO to open for subscription on May 8 Check details

TBO Tek IPO includes fresh equity of Rs 400 crore and an offer for sale of up to 1.25 crore shares. Under the OFS, promoters Gaurav Bhatnagar, Manish Dhingra, LAP Travel, and other selling shareholders TBO Korea, Augusta TBO will offload the shares.

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