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
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