TBO TEK IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: May 09, 2024TBO TEK is about to release its IPO on May 8, 2024. The issue is closing on May 10, 2024, and is currently having an active grey market. The TBO TEK IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of the TBO TEK IPO. The company intends to raise Rs 1,550.81 Cr. by the released issue.
TBO TEK IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, and price band along with listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| May 2024 | |||
| May 2024 | |||
| May 2024 | |||
| May 2024 | |||
| May 2024 |
Check out Related IPO Links:
| Review TBO TEK IPO |
| TBO TEK IPO Allotment |
| LIVE Subscription – TBO TEK IPO |
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TBO TEK IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| Events | Date |
| IPO Opening Date | May 8, 2024 |
| IPO Closing Date | May 10, 2024 |
| Basis of Allotment Finalization | May 13, 2024 |
| Refunds Initiation | May 14, 2024 |
| Credit of Shares to Demat Account | May 14, 2024 |
| Share Listing Date | May 15, 2024 |
TBO TEK IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about TBO TEK IPO.
| Amount (in INR & Million) | ||||
| 30-Sep-21 |
31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Total Assets | 9,130.25 | 5,761.62 | 7,929.99 | 8,262.52 |
| *Total Revenue | 1,858.73 | 1,858.73 | 5,883.44 | 4,457.60 |
| Total Expense | 1,633.62 | 1,768.08 | 5,001.70 | 4,054.97 |
| Profit After Tax | 177.43 | (341.44) | 729.28 | 263.33 |
Earnings per Equity Share (in Million)
| 30-Sep-21 |
31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Basic & Diluted | 1.70 | (3.28) | 7.00 | 2.53 |
FAQs Related to TBO TEK IPO GMP
What is the current TBO TEK IPO GMP Price?
As on today, the TBO TEK IPO GMP is Rs.NA.
What is the current TBO TEK IPO Kostak Rate?
The Kostak rate is Rs NA for TBO TEK IPO.
What is today’s TBO TEK IPO Subject to Sauda Rate?
As on today, the TBO TEK IPO Subject to Sauda is Rs NA.
Where to Check TBO TEK IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
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Disclaimer:
The TBO TEK IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. They can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.