tbotek Limited
Minimum investment
Bidding date
08 May - 10 May 2024
Price range
—
Minimum quantity
16
Minimum investment
₹14,000
Issue size
—
IPO doc (link)
RHP docsListing exchange
NSE/BSE
TBO TEKare one of the leading travel distribution platform in the global travel and tourism industry by providing Buyers with a comprehensive travel inventory according to the needs of their customers; and supporting a wide range of currencies along with forex assistances.
They simplify the business of travel for suppliers such as hotels, airlines, car rentals, transfers, cruises, insurance, rail and others, and retail buyers such as travel agencies and independent travel advisors; and enterprise buyers that include tour operators, travel management companies, online travel companies, super-apps and loyalty apps.
Platform Network Effect : One of the key value propositions of their platform for both, Suppliers and Buyers is providing them instant access to a global network of partners on the other side of the transaction.
Scalable Proprietary Technology: They have designed their platform to be modular which, enables them to develop and launch solutions that serve specific Buyer and Supplier segments efficiently. The modularity and scalability of the platform are key differentiators, compared with any new entrant who may have to incur greater cost and time to replicate the capabilities they possess.
Founder Led Company: They are led by our founders, Gaurav Bhatnagar and Ankush Nijhawan, and are supported by a leadership team with deep industry experience. They continue to strengthen their leadership team by including professionals with relevant industry and technology skills.
Capital Efficient Model : We have developed a capital efficient business model with operating leverage and strong cash generation.
Industry Risk: Their revenue is substantially derived from the worldwide travel and tourism industry and factors that negatively impact this industry could have an adverse effect on their business, prospects, results of operations and financial condition.
Supplier Dependence: Company's business depends on their relationships with a limited range of Suppliers, and any adverse changes in such relationships, or an inability to enter into new relationships, or change in terms could adversely affect the business.