TBO Tek IPO;
 Is it Worth Investing?

Share Market Today

TBO Tek Limited's IPO, backed by General Atlantic, is open from May 8th to 10th, 2024. And Priced between ₹875 to ₹920 per share, aiming to raise ₹1,550.81 crores.

TBO Tek IPO Overview

As of day 1, the IPO was subscribed to 0.29 times overall, with the retail portion oversubscribed 0.91 times. The gray market premium stands at ₹529 per share.

Subscription Status & GMP

Company Details

The allotment is expected on May 13th, 2024, and the proposed listing on BSE and NSE is on May 15th, 2024. With the 'T+3 listing rule', the potential listing date is also May 15th, 2024.

Allotment & Listing

Before applying, investors should weigh subscription status, gray market premium, and listing prospects. It is advisable to consult financial advisors for informed decisions.

Considerations

Open Demat A/C
G-L92HWH8MZR