TBO Tek IPO Vs Indegene Limited IPO

TBO Tek IPO Vs Indegene Limited IPO: Two Mainboard IPOs open for subscription this May 2024. TBO Tek IPO going to open on the date May 08, 2024, and Indegene Limited IPO will be open for subscription on May 06, 2024.

For this reason, TBO Tek IPO Vs Indegene Limited IPO compression is most important for investors to analyse both Mainboard IPOs.

Compression TBO Tek IPO Vs Indegene Limited IPO

TBO Tek IPO Vs Indegene Limited IPO

ComponentsTBO Tek IPOIndegene Limited IPO
Open Date08th May 202406th May 2024
Close Date08 May 202410 May 2024
Listing Date13th May 2024 [Expected]15th May 2024 [Expected]
IPO SizeAggregating ₹[.] Lakhs through [.] lakh sharesAggregating ₹1,84176 Lakhs through 40,746,891 lakh shares
Face Value₹1 per share₹2 per share
IPO Price Band₹[.] to ₹[.] per share₹430 to ₹452 per share
IPO Listing onBSE SMEBSE SME
Lot Size[.] Shares33 Shares
OFS1.25 crore shares with a face value of ₹123,932,732 shares aggregating up to ₹1,08176 Lakh
Retail Quota10%of the total issue share35%of the total issue share
QBI75% of the total issue share50% of the total issue share
HNI15% of the total issue share15% of the total issue share

*Details Comparison

TBO Tek IPO Vs Indegene Limited IPO Dates

EventTBO Tek IPOIndegene Limited IPO
IPO Open DateMay 8, 20246th May 2024
IPO Close DateMay 10, 20248th May 2024
Basis of AllotmentMay 13, 20249th May 2024
Initiation of RefundsMay 14, 202410th May 2024
Credit of SharesMay 14, 202410th May 2024
Listing DateMay 15, 202413th May 2024
UPI Mandate Confirm5 PM on May 10, 20245 PM on 8th May 2024

TBO Tek IPO Vs Indegene Limited IPO Lot Size

ApplicantsTBO Tek IPO Lot Size (Min & Max)ShareAmountIndegene Ltd IPO Lot Size (Min & Max)ShareAmount
Retail1 Lot (Min) [. lot (Max)][.][.] Max1 Lot (Min) 13 Lots Max33₹14916 – ₹193,908 Max
S-HNI[.] Lot Min.[.]₹[.] Min14 Lots Min.462₹208,824 Min
B-HNI[.] Lot Min.[.][.] Min14 Lots Min.462₹208,824 Min

TBO Tek IPO Vs Indegene Limited GMP (Gray Market Premium) Comparison

DateTBO Tek IPO GMPIPO PriceEstimate Listing PriceUpdate OnIndegene Limited IPO GMPIPO PriceEstimate Listing PriceUpdate On
30/04/2024₹0₹[.]₹[.]30/04/2024 19:00₹205₹452₹65730/04/2024 17:27
29/04/2024₹0₹[.]₹[.]29/04/2024 15:00₹169₹452₹62129/04/2024 15:19

For Live IPO Subscription Status Visit – Live IPO Subscription Status

TBO Tek IPO Vs Indegene Limited Company Details

AspectTBO Tek LimitedIndegene Limited
Establishment Year2006Not specified
Previous NameTek Travels Private LimitedIndegene Limited
Industry FocusTravel Distribution PlatformLife Sciences Solutions
ServicesTravel distribution platform – Forex assistanceCommercial operations – Medical affairs – Regulatory compliance – Research and development Product lifecycle solutions
ClientsHotels – Airlines – Car rentals – Transfers – Cruises – Insurance providers – Rail companiesBiopharmaceutical companies – Emerging biotech companies – Medical device companies
Customer BaseTravel agencies – Independent travel consultants – Tour operators – Travel management companiesLife sciences companies
Technology PlatformA bridge between suppliers and customers – Multi-currency and multi-lingual platform – Seamless connectionsNot specified
CoverageOver 7,500 destinations – 100+ countriesGlobal market

An object of the Issue TBO Tek IPO Vs Indegene Limited IPO

ObjectivesTBO Tek LimitedSlone Indegene Limited
Expanding the Supplier and Buyer base✓ Grow network of suppliers and buyersNot specified
Enhancing the value of the platform✓ Add new lines of businesses to the platformNot specified
Pursuing inorganic growth through acquisitions✓ Plan strategic acquisitions for platform enhancementNot specified
Utilizing data for personalized solutions✓ Leverage data for customized travel solutionsNot specified
Repayment/prepayment of indebtedness✗ Not specified✓ Repayment/prepayment of indebtedness of Material Subsidiary
Funding capital expenditure requirements✗ Not specified✓ Funding capital expenditure of Material Subsidiary
General corporate purposes and inorganic growth✓ General corporate purposes and inorganic growth✓ General corporate purposes and inorganic growth

TBO Tek Limited Vs Indegene Limited Financial Status (Restated)

Financial ParametersTBO Tek Limited (₹ in Crore)Indegene Limited (₹ in Lakhs)
Liabilities3,754.0525,181.47
Assets3,754.0525,181.47
Revenue1,039.5619,697.49
PAT (Profit After Tax)154.182,419.02
Total Borrowing2.933,993.33
Net Worth501.2113,270.01

Key Performance Indicator (KPI) of TBO Tek Limited Vs Indegene Limited

KPITBO Tek LimitedIndegene Limited
EBITDA₹10237.53 Lakh (18.82% margin)₹4198.51 Lakh (21.91% margin)
PAT Margin (in %)Not specified12.62%
RoCE (Return on Capital Employed)44.04%25.02%
RoE (Return on Equity)12.22%18.23%
EPS (Earnings per Share)₹14.21₹10.91 per share
PE RatioNot specifiedNot specified

The full detailed competition is given between the two IPOs TBO Tek Vs Indegene Limited, hope you will not have any difficulty in making a decision.

Disclaimer:

Information on IPO GMP Today is for informational purposes only. We do not provide financial advice. Investing in IPOs carries risks, including loss of principal. Consult a financial advisor before making investment decisions. Past performance doesn’t guarantee future results. The Grey Market Premium (GMP) is speculative and may not reflect actual listing prices. We’re not liable for errors or inaccuracies. Users are responsible for their own investment decisions. Use of this website implies agreement to these terms.

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