What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of TBO Tek Limited IPO?

TBO Tek Limited IPO has received a total subscription of 86.68 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

TBO Tek Limited

ListedSME

Travel & Tourism / Services · NSE / BSE

Tek Travels Private Limited, established on November 6, 2006, is a leading name in the global travel and tourism industry. As per the 1Lattice Report, it ranked highest in Gross Transaction Volume (GTV) and revenue for Fiscal 2023, operating in over 100 countries. With 2,000 employees as of December 2023, the company simplifies travel for both Suppliers (hotels, airlines) and Buyers (travel agencies, online platforms). Its advanced platform allows Suppliers to list inventory and set prices while providing Buyers with a seamless, multi-currency, multi-language booking experience. Tek Travels follows revenue models like the B2B Rate Model and Commission Model, ensuring profitable partnerships for all.

Price Band

₹875 – ₹920

Issue Size

₹1551 Cr

Lot Size

16 shares

GMP

₹300

+32.6%

Est. Listing

₹1220

at current GMP

Subscribed

86.68x

overall

Open

8 May 2024

10 May 2024

Allotment

13 May 2024

Refund

14 May 2024

Demat Credit

15 May 2024

Listing

15 May 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

86.68x

Total Demand

QIB Multiplier

125.51x

Institutions & Funds

NII / HNI

50.58x

High Net-Worth

Retail (RII)

25.65x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 86.68x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	5,047,205	633,476,128	125.51x
NIB	2,523,602	127,647,040	50.58x
HNIs(10L +)	1,682,402	93,909,920	55.82x
HNIs (2-10L)	841,200	33,737,120	40.11x
RETAIL	1,682,401	43,149,520	25.65x
EMPLOYEES	32,608	578,432	17.74x
Total	11,809,418	932,498,160	86.68x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 26.54x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	368,739	9,458,155	25.65x
HNIs (10L +)	2,359	119,318	50.58x
HNIs (2-10L)	11,288	570,947	50.58x
Total Applications	382,386	10,148,420	26.54x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About TBO Tek Limited Public Issue & Market Profile

TBO Tek Limited is bringing an initial public offering (IPO) in the Travel & Tourism / Services sector with an aggregate issue size of ₹1,550.81 Crores. The shares are offered at a price band of ₹875 to ₹920 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-05-10, the basis of allotment is scheduled to be finalized on 2024-05-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is TBO Tek Limited IPO GMP today?

The latest Grey Market Premium (GMP) for TBO Tek Limited IPO is ₹300 per equity share. Based on the upper price band of ₹875 to ₹920 per equity share, the estimated listing price is ₹1220 (+32.6% expected listing gain).

What is the expected profit per lot for TBO Tek Limited IPO?

With a lot size of 16 shares and current GMP of ₹300, the expected profit per application lot is approx ₹4,800 (+32.6% gain). Minimum application cost is approx ₹14,720.

What is the issue size and price band for TBO Tek Limited IPO?

The TBO Tek Limited IPO aggregate issue size is ₹1,550.81 Crores with an equity price band set at ₹875 to ₹920 per equity share. The retail lot size is 16 shares requiring a minimum capital outlay of approx. ₹14,720.

How can I check TBO Tek Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 86.68x (Retail: 25.65x, QIB: 125.51x, NII: 50.58x). You can track live multiples directly on our dedicated subscription page.

Where and when will TBO Tek Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-05-13. Investors can verify status using PAN card or application number.

When is the listing date for TBO Tek Limited IPO?

TBO Tek Limited shares are scheduled to list on NSE and BSE on 2024-05-15.