TBO Tek IPO opened for retail investors on May 08 at a price band of Rs 875 to Rs 920 per equity share. 

About TBO Tek

TBO Tek is a travel distribution platform offering travel inventory according to customers’ needs and supports a wide range of currencies along with forex help. The company was earlier known by the name of Tek Travels Pvt. Ltd.  The company’s main job is to simplify the travel business of suppliers such as airlines, car rentals, hotels, cruises, insurance, and others. They also cater their services to retail customers such as travel agencies and independent travel consultants. TBO Tek has a two-sided technology platform that connects suppliers and customers. 

Issue Size

The company wants to raise a total of Rs 1,550.81 crore through a combination of fresh issue and an offer for sale.

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