I) Introduction

Established in 2006, TBO Tek Limited, formerly known as Tek Travels Private Limited, 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.

The company simplifies the travel business for suppliers such as hotels, airlines, car rentals, transfers, cruises, insurance, rail companies, and others, as well as for retail customers such as travel agencies and independent travel consultants, and corporate customers such as tour operators, travel management companies, online travel companies, super apps, and loyalty apps through our two-sided technology platform that enables suppliers and customers to connect seamlessly.

II) Significance of IPO in the Business World

When a company decides to go public, it opens up a whole new world of opportunities and challenges. An Initial Public Offering (IPO) can be a game-changer for a business, impacting its growth, visibility, and financial standing. In this blog post, we will delve into the significance of IPOs in the business world and explore how they can shape the future of a company.

• An IPO allows a company to raise significant capital by selling shares to the public. This infusion of funds can be used for various purposes such as expanding operations, paying off debts, or investing in research and development.
• Companies often use the capital raised through an IPO to fuel their growth and take advantage of new opportunities in the market.
• The increased capital infusion from an IPO can provide financial stability and flexibility for a company to navigate through challenging times or capitalize on emerging trends.

III) Objects of the Issue 

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

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

IV) IPO Details

V) IPO Timeline

VI) IPO lot size