TBO Tek IPO GMP History
TBO Tek IPO has been listed on May 15, 2024 at a listing price of ₹1426, against the issue price of ₹920 — a gain of ₹506 (+55%). The GMP peaked at ₹510 on 9 May 2024 and reached a low of ₹360 on 14 May 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
TBO Tek IPO raised ₹1550.81 Cr. through its IPO at a price band of ₹875 to ₹920 per share, with a lot size of 16 shares. The IPO was open for subscription from 08 May 2024 to 10 May 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:38 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 14 May 2024 | ₹ 360 | ▼ | 39% | — | — |
| 13 May 2024 | ₹ 450 | ▼ | 49% | — | — |
| 12 May 2024 | ₹ 500 | ▼ | 54% | — | — |
| 09 May 2024 | ₹ 510 | ▲ | 55% | — | — |
| 07 May 2024 | ₹ 500 | — | 54% | — | — |
| 05 May 2024 | ₹ 500 | ▲ | 54% | — | — |
| 04 May 2024 | ₹ 450 | ▲ | 49% | — | — |
| 03 May 2024 | ₹ 360 | — | 39% | — | — |
TBO Tek IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 08 May 2024
- Close 10 May 2024
- Allotment 13 May 2024
- Refund/credit 14 May 2024
- Listing 15 May 2024
TBO Tek IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹920 |
|---|---|
| GMP-based estimate (pre-listing) | ₹1280 (+39.1%) |
| Listing gain / loss | +₹506 per share |
| Listing date | 15 May, 2024 |
| Actual listing price | ₹1426 (+55%) |
Is TBO Tek IPO GMP reliable?
Grey market premium for TBO Tek IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the TBO Tek IPO full review for a fundamentals-based assessment before making any grey market trades.
TBO Tek IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for TBO Tek IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About TBO Tek IPO
TBO Tek Limited was incorporated as Tek Travels Private Limited in New Delhi on 6 November 2006. As per the 1Lattice report, it is one of the leading online travel distribution platforms in the global travel industry by GTV and revenue in Fiscal 2023.
Its two-sided technology platform connects suppliers such as hotels, airlines, car rentals, transfers, cruises, insurance and rail companies with buyers such as travel agencies, independent travel consultants, tour operators, travel management companies, online travel companies and super apps.
It operates in over 100 countries and supports a wide range of currencies. Its promoters are Ankush Nijhawan, Gaurav Bhatnagar, Manish Dhingra, Arjun Nijhawan and LAP Travel.
The IPO was Rs 1,550.81 crore, with Rs 400.00 crore of fresh issue and Rs 1,150.81 crore of offer for sale by promoters and investors. Fresh money was planned for growing the platform, technology, overseas expansion and acquisitions.
Frequently asked
What is the GMP of TBO Tek IPO?
The current Grey Market Premium (GMP) of TBO Tek IPO is ₹ 360.
What is the Kostak Price of TBO Tek IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for TBO Tek IPO is not available.
What is the Subject to Sauda Price of TBO Tek IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of TBO Tek IPO?
TBO Tek IPO listed on May 15, 2024 at ₹1426, against the issue price of ₹920 — a gain of +55%.
How did the GMP of TBO Tek IPO trend before listing?
The GMP of TBO Tek IPO was falling in its final days before listing. The GMP peaked at ₹510 on 9 May 2024. View the day-wise table above for the complete GMP history.
Explore TBO Tek IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
