TBO TEK Limited DRHP filed with SEBI on 17th November, 2023.
Travel services provider TBO Tek Ltd. has filed DRHP with SEBI to raise funds through an IPO. This public issue comprises fresh issue of equity shares of upto Rs. 400 crore and an offer for sale of 1.56 crore shares by promoters and existing share holders. The company is one of the leading global travel and tourism distribution platforms, it simplifies the business of travel and tourism. The presence of the company is spread across India and over 100 countries as of 30.06.23. It is a very risky business model. Other details are awaited.
157. CoolAsh| Link| Bookmark|
November 27, 2023 7:52:38 PM
Top Contributor (700+ Posts, 100+ Likes)
I think Gandhar is going to surprise and list beyond the current GMP. Let's see
Yesterday a popular handle on X has posted that the debit message has started for Gandhar
But actually it was not. For confirmation I visited here.. and there was no unblock/debit messages here. Though there are here several people, all are united for a single reason..
152.3. sashah| Link| Bookmark|
November 27, 2023 6:29:12 PM
Top Contributor (400+ Posts, 100+ Likes)
No allotment for today as Stock exchange are closed. Expect to come in 1st half tomorrow once stock exchange are open and Registrar submit the allotment details.
The SEBI should form a committee of 3-5 people (like Anil Singhvi) who are retail investor friendly and decide the % of QIB, HNI and Retail portion of each IPO on basis of fundamentals and valuation of the company. The IPOs like TATA TECHNOLOGY, DMART etc should have 100% Retail quota and if retail quota is not oversubscribed the. The remaining portion should go to QIB, HNIs so the retail investor could be encouraged to participate in capital markets. Also, the government will get more taxes as most of these retail investors will sell such shares where 50-100% listing profits are obtained and these retailers will spend these profits to discretionary items which will also boost the economy as well.
Anil Singhviji hamesha kehte rahe hai, ki "QIB ko dena hi kyun hai unhe secondary market se kharidne bolo, sab allotment retailers or HNI ko hi milna chahiye. QIB mein foreign banks bhi hote hai unhe red carpet kyun dala jata hai. Kamse kam sarkari company to ye shuru kar de."
Tata bahot accha governance rakhne wale promoter hai. Lekin unhone bhi QIB ko wohi bhav mein kyun diye hai unhe mahanga de sakte the. Discount pe retailers ko dete. QIB jaise well informed logon se pura wasoola jana chahiye.
I want to open Demat for Minor suggest a broker who allow minor Demat Account (Only for IPO), also let me know is it online process to open minor demat account??
Pls suggest a BANK that provide net banking for minor account??