TBO Tek IPO allotment finalised; latest GMP, step-by-step guide to check status

  • TBO Tek IPO share allotment has been finalised. Robust response from retail and NIIs. Refund procedures for non-allocated shares begin May 14. Listing on May 15. TBO Tek IPO share allotment finalised today with

Dhanya Nagasundaram
Updated14 May 2024, 08:03 AM IST
TBO Tek IPO share allotment has been finalised.
TBO Tek IPO share allotment has been finalised.(Photo: Courtesy company website)

TBO Tek IPO allotment date: The TBO Tek IPO share allotment has been finalised. The allotment process began on Monday, May 13. Investors who applied for the TBO Tek IPO can check the TBO Tek IPO allotment status in the registrar's portal, which is Kfin Technologies Ltd. The online travel agency opened for subscription on Wednesday, May 8 and ended on Friday, May 10. By the end of the last bidding day, the issue saw robust response from both retail (25.74 times) and non-institutional investors (NIIs) (50.60 times). TBO Tek IPO subscription status was 86.70 times on the third day.

Identifying the basis of allocation allows investors to determine if and to how much they have been allocated shares. The number of shares offered is another aspect of the IPO allotment status to consider. Those applicants who did not get shares will have their refund procedures initiated by the company. A person's demat account will include the shares that have been allotted to them.

Also Read: TBO Tek IPO allotment to be finalised on May 13. Latest GMP, steps to check status

For individuals who were not allocated shares, the refund procedure will begin on Tuesday, May 14. Individuals who were allocatedshares will get them in their demat accounts the same day.

TBO Tek IPO listing date is scheduled for Wednesday, May 15.

If you have applied for the TBO Tek IPO, you can do a TBO Tek IPO allotment status check online on the website of the IPO registrar, Kfin Technologies Ltd today.

TBO Tek IPO details.

Here's TBO Tek IPO allotment link - https://ris.kfintech.com/ipostatus/

Step 1:

When you click the aforementioned link, you will find five links allowing you to view the status.

Step 2:

After selecting on one of the five available URLs, choose TBO Tek IPO from the "Select IPO" drop-down box.

Step 3:

Enter your PAN, Demat Account, or Application Number to find out the status.

Step 4:

- If you select this option, enter the application number first, then the captcha code. Click "Submit."

- If you pick Demat Account, enter your account information and the captcha code. Click "Submit."

- To go to the third option, PAN, input the captcha code and the PAN number. Select "Submit."

Also Read: TBO Tek IPO day 3: GMP, subscription status to review. Should you apply?

How to check TBO Tek IPO allotment status on BSE

Step 1

Visit the BSE official website's allotment page- https://www.bseindia.com/investors/appli_check.aspx

Step 2

Choose 'Equity' under 'Issue Type'.

Step 3

Select 'Issue Name' (the drop-down menu) and select the IPO.

Step 4

Put in your application number or PAN.

Also Read: TBO Tek IPO: Issue subscribed 86.70 times on day 3, check GMP, subscription status and other details

How to check TBO Tek IPO allotment status on NSE

Step 1

Visit NSE's official website- https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

Step 2

One has to register with PAN by clicking the 'Click here to sign up' option on the NSE website.

Step 3

Put in your password, user name, and captcha code.

Step 4

On the next page that opens, check the status of your IPO allocation.

TBO Tek IPO GMP today

TBO Tek IPO grey market premium is +455. This indicates TBO Tek share price were trading at a premium of 455 in the grey market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey market, TBO Tek IPO expected listing price was indicated at 1,375 apiece, which is 49.46% higher than the IPO price of 920.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Also Read: TBO Tek IPO last bidding day today: Check out key things to know from RHP before investing

Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decisions.

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