TBO Tek Limited IPO Message Board (Page 3)

Sir, Is this hint for post listing Action?

Yeah, was thinking the same. With market conditions slightly improving, only 10% retail quota, I think these things can help improving listing gains.

But then a lot would depend on institutions if they are willing to jump in like they did in case of JNK.

At end of the day, Indegene is an IT services company in a niche sector - 70% of their biz comes from marketing automation solutions for Pharma companies, where moat is in the relationships with these companies, but the underlying service is somewhat commoditized.

TBO Tek is a core tech product, cash rich & churning profits, with tech-led operating leverage kicking in already. This is the sort of biz QIBs (esp FIIs) love. Fingers crossed this will do well.

TBO Tek is a leading travel distribution platform in the global travel 🏠🚘✈🚢🗼🌉 & tourism industry.

The company is backed by General Atlantic(Private Equity), holding 15% equity share capital

In the last 4 years, it has generated more than 500 cr in cash from operations.

OPM is more than 20% & promoters are well experienced & educated for this business.

Looks like a great & unique business with huge tailwinds in the travel sector. This type of unique business model can provide fantastic returns in short time .

It's a perfect portfolio stock and even perfect stock for intraday too subject to market sentiment. Let's see tomorrow.
@Jamnagar IPOholic

​@rohiitian 100 % agree with your views. Didn't do the due diligence needed for indegene 😑

​@Chirag Agrawal Ji congratulations..bola tha aap jaise hi resume karenge grey market result badal jayega..🎉

Sir Would like to ask, Did you received allotment for your entire lot of 10 lakh for BHNI category? Or received allotment worth 14 lots?

​@Chirag Agrawal 
Great allotment in TBO , Congrats.
This time all open or any sold in gray?

​@Tejas Pandya thank you sir, and you are right as always :)

@Ajju Patel Sir in oversubscribed issue we always get the minimum lot size, so in this case we got 14 lots for every BHNI application

@Seth. Kept it open this time sir, lets see how it goes 🤞

​@Chirag Agrawal Great 😃
So I think not selling in fix is correct decision always , what you say?

​@Seth. I would say there is no silver bullet, it will depend on the company, fix prices, subscription level and also the motive.
So lets consider the 3 listings Indegene, TBO and Aadhar. I made 16, 16 and 7 BHNI respectively with final allotment of 0, 3, 0 applications. So if I wud have sold all in fix it would be 16*11000 + 16*10000 + 7*9000 = almost 4L. I plan to exit TBO fully today so 3.2L profit. While selling in fix would have made slightly better IR, it is also stress free. What if I wud have been allotted in Aadhar and not in TBO? it would have changed this calc entirely.
My motive currently is to maximize my recurring rate of return while the Primary market is hot. For long-term fundamental view-point I maintain an entirely different portfolio and it involves whole different ball-game (for eg I am holding all allotted lots of Tata Tech, Ireda, JSW Infra)

​@Chirag Agrawal Thanks for full explanation bhai.
Got your point

In my case for 4 BHNI in Bharti , JNK , Indegene got zero allotment so 10k fix rate approx for all means 1.2 Lac lost

And 1 in TBO 4 in Aadhar this time and got only 1 in aadhar thta too listed with zero gain so fix rate 50k rs
total 1.7 lac rs gain missed

But any 2 allotment in above except Aadhar will cover approx those fix earnings so it's not wise to sell in fix.
but unluckily I didn't got minimum allotment in any..