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TBO TEK ACQUISITION
Betting on India’s travel boom? Motilal Oswal sees TBO Tek and Ixigo as key beneficiariesThe industry has evolved significantly over the past two decades—from a fragmented, offline agent-driven market to a digitally enabled ecos...- Iran war impact on travel: How Jefferies is tweaking its hotel, airline stock portfolioJefferies has turned cautious on India’s travel sector as the Iran–Middle East war hurts international traffic, lifts fuel costs and weaken...
- Smallcap tourism stock can rally up to Rs 1,800: Jefferies lists 3 reasons for upsideJefferies calls TBO Tek’s $125 million Classic Vacations buy a “classic opportunity,” boosting its price target to Rs 1,800. The deal expan...
- TBO Tek shares surge 12% after $125 million Classic Vacations acquisitionTBO Tek shares jumped 11.61% to Rs 1,541.30 on NSE after announcing the acquisition of US-based Classic Vacations for up to $125 million. T...
- TBO Tek reports profit of Rs 201 cr for FY24"Following our successful IPO, we are thrilled to report another year of remarkable growth, with revenue soaring to 1,393 crore, showcasing...
- TBO Tek sees robust listing. What should investors do now?TBO Tek strong listing can be attributed to the unwavering investor confidence in the company’s solid technological foundation and its pote...
- TBO Tek shares debut at 55% premium over issue priceTBO Tek's shares debuted on NSE and BSE at premiums of 55% and 50% respectively. The company's appeal stems from its robust technological f...
- TBO Tek IPO allotment expected tomorrow: Check status, GMP, listing date and other detailsIn the unlisted market, TBO Tek shares are trading with a premium of Rs 550. This compares with an IPO price of 920, indicating a gain of o...
- TBO Tek IPO sails through on Day 2. Check subscription, GMP, and other detailsTBO Tek IPO GMP: TBO Tek IPO comprises a fresh equity issue worth up to Rs 400 crore and an offer for sale (OFS) of up to 1.25 crore shares...
- TBO Tek IPO opens for subscription. Should you apply?TBO Tek IPO GMP, Price Band: TBO Tek IPO opens today with a price band of Rs 875-920 per share. Analysts advise subscribing due to growth p...
- TBO Tek IPO booked 39% so far on first day. Check subscription, GMP, and other detailsTBO Tek IPO comprises a fresh equity issue worth up to Rs 400 crore and an OFS of up to 1.25 crore shares by existing investors. Gaurav Bha...
- TBO Tek riding high on growth in travel and tourism, but issue looks a bit priceyIt will also raise up to Rs 1,151 crore through an offer for sale by promoters and investors. The promoter group’s stake will fall to 44.4%...
- IPO Calendar: Primary market to do away with election blues with 9 IPOs opening next weekIndegene will launch its IPO on May 6, Aadhar Housing Finance and TBO Tek on May 8. All three companies will cumulatively raise just over R...
- TBO Tek announces price band for its Rs 1,550 crore IPO. Details hereTBO Tek IPO Price Band: TBO Tek IPO, which closes on May 10, includes fresh equity of Rs 400 crore and an offer for sale (OFS) of up to 1.2...
- TBO Tek IPO to open for subscription on May 8. Check detailsTBO 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 Bhatnag...
- TBO Tek gets Sebi approval to raise funds through an IPOTBO Tek, a prominent travel distribution platform, has obtained approval from Sebi to raise funds through an IPO. The offering comprises fr...
- TBO Tek buys Jumbo's online business to expand global footprintGaurav Bhatnagar, co-founder and joint managing director of Tek Travels DMCC, told ET that this acquisition will give the company access to...
- TBO Tek files draft red herring prospectus with SebiFunds will be allocated towards fuelling growth, expanding the network of buyers and suppliers and undertaking acquisitions, according to o...
- Travel distribution platform TBO Tek files draft papers with Sebi for an IPOThe issue includes fresh equity of Rs 400 crore and an offer for sale of up to 1.56 crore shares. Under the OFS, promoters Gaurav Bhatnagar...
- B2B travel co Travel Boutique Online has a clutch of PE suitorsInvestment in Travel Boutique Online could potentially provide Naspers a blockbuster exit
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