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TBO Tek Ltd
TBO Tek Ltd
Registered Office : E-78 South Extension Part I,,New Delhi New Delhi 110049 Phone : 91-124-499 8999
Fax :
Email : corporatesecretarial@tbo.com
Website : www.tbo.com
Initial public offer of 16,856,623* equity shares of face value of Re. 1 each ("Equity Shares") of Tbo Tek Limited ("Company" or "Issuer") for cash at a price of Rs. 920 per equity share (including a share premium of Rs. 919 per equity share) ("Offer Price") aggregating to Rs. 1550.81 crores* comprising a fresh issue of 4,347,826* equity shares aggregating to Rs. 400.00 crores by the company ("Fresh Issue") and an offer for sale of 12,508,797* equity shares aggregating Rs. 1150.81 crores* ("Offered Shares") by the selling shareholders (as defined below), comprising 2,033,944* equity shares aggregating to Rs. 187.12 crores* by Gaurav Bhatnagar, 2,606,000* equity shares aggregating to Rs. 239.75 crores* by Lap Travel Private Limited ("Lap Travel") and 572,056* equity shares aggregating to Rs. 52.63 crores* by Manish Dhingra (Gaurav Bhatnagar, Lap Travel and Manish Dhingra, collectively referred to as "Promoter Selling Shareholders" ), 2,637,040* equity shares aggregating to Rs. 242.61 crores* by Tbo Korea Holdings Limited ("Tbo Korea"), and 4,659,757* equity shares aggregating to Rs. 428.69* crores by Augusta Tbo (Singapore) Pte. Ltd. ("Augusta Tbo", and together with Tbo Korea, the "Investor Selling Shareholders") (the promoter selling shareholders and investor selling shareholders together referred to as the "Selling Shareholders") ("Offer for Sale", and together with the fresh issue, the "Offer"). The offer includes a reservation of 32,608* equity shares (constituting 0.03%* of the post-offer paid-up equity share capital of the company) aggregating to Rs. 3.00 crores* for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 15.52%* and 15.49%* of its post-offer paid-up equity share capital, respectively. The face value of equity shares is Re. 1 each and the offer price is 920 times the face value of the equity shares. *Subject to finalisation of basis of allotment.
Opens On
Closes On
08-May-2024
10-May-2024
Application
Allotment
920.00
0.00
Minimum Application for shares in Nos : 16.0 Further Multiples of : 16.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
381.06
1,550.81
10.86
920.00
Axis Capital Ltd
Goldman Sachs (India) Securities Pvt Ltd
Jefferies India Pvt Ltd
JM Financial Ltd
- Growth and strengthening of its platform by adding new Buyers and Suppliers
- Unidentified inorganic acquisitions
- General corporate purposes
- Ankush Nijhawan
- Gaurav Bhatnagar
- Lap Travel Pvt Ltd
- BSE
- NSE
- KFin Techologies Ltd