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TBOTEK IPO

TBO Tek Limited

IPO Doc

Start Date08-05-2024

Application Timing10am-5pm

Price Range₹875 - ₹920

Min Qty16

Min. Investment₹14000

Listing DateNA

Close Date10-05-2024

About TBO Tek Limited

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.

Why To Invest in TBO Tek Limited

Leading travel distribution platform with presence in over 100 countries. The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

Expansion of the Supplier and Buyer base;
Amplification of value of our platform by adding new lines of businesses;
Inorganic growth through selective acquisitions and building synergies with our existing platform; and
Leveraging data procured to offer bespoke travel solutions to our Buyers and Suppliers.

Financial Table

Year	2021	2022	2023
Operating Revenue (Rs. Cr)	141.8	483.2	1064.5
Profit After Tax (Rs. Cr)	-34.14	33.72	148.49

Strengths And Risks

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.

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Connect With Us

Astha Credit & Securities Pvt Ltd
NSE, BSE & MCX Sebi Reg No:
INZ000187932

For any grievance contact:
grievance@rupeezy.in
0755-4268599

Membership ID:
NSE - 12227 BSE-6844 MCX - 40000
NSDL-IN303420 CDSL-94500

For cyber attack incident reporting:
gyanesh@rupeezy.in
9669695615

CIN:
U65929MP2003PTC016241

SEBI RA Registration:
INH000013332

SEBI Depository Participant Reg No:
IN-DP-611-2021

Connect With Us

Attention Investors:
1.No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. 2.KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

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Awareness regarding guidelines regarding margin collection:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge
Pay 20% upfront margin of the transaction value to trade in cash market segment
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Advisory – KYC Compliance:

All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
The last date to update KYC is on or before March 31, 2022.
Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
The non-compliant demat accounts will be frozen for debits by Depository Participant or Depository.
On submission of the necessary information to the stockbroker and updation of the same by the stockbroker in the Exchange systems and approval by the Exchange, the blocked trading accounts shall be unblocked by the Exchange on T+1 trading day.
The demat account shall be unfreezed once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.
To ensure smooth settlement of trades, the investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.
The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.

Disclaimer:

Investment in the securities market is subject to market risks, read all the related documents carefully before investing.
Brokerage will not exceed SEBI prescribed limit.
Please refer to the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do's and Don'ts issued by Stock Exchanges and Depositories before trading on the Stock Exchanges.
For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments.
Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Mutual Funds are not an approved product of the Exchanges and any dispute related to this will not be dealt at Exchange platform. ACSPL is a Mutual fund distributor/s registered for Mutual Funds.

Client Bank account Details:

Sr. No	Name of Bank Account	Bank Account Number	IFSC Code
1	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	00620340000150	HDFC0000062

*Investors are requested to note that Stock broker Astha Credit and Securities Private Limited is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. Stock broker Astha Credit and Securities Private Limited is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors. We do Pro trading.

Client registration documents in Vernacular languages: Get Documents