TBO Tek makes stellar debut with 50% premium on the BSE
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TBO Tek has debuted at Rs 1380.00 on the BSE, up by 460 points or 50% from its issue price of Rs 920.00.
The scrip is currently trading at Rs 1356.90, up by 436.90 points or 47.49% from its issue price.
It has touched a high and low of Rs 1455.95 and Rs 1275.00 respectively. So far 3.92 lakh shares were traded on the counter.
The offering, which was open for subscription between May 8, 2024 and May 10, 2024 was subscribed 86.70 times. The issue price was fixed at Rs 920.00 per share i.e. at upper end of price band of Rs 875-920 apiece.
TBO Tek is a travel distribution platform that offers travel inventory according to the needs of its customers and supports a wide range of currencies along with forex help.
