TBO Tek raises INR 696 crore from anchor investors ahead of IPO
The company's Initial Public Offering (IPO) is scheduled to open on Wednesday, May 8, 2024, and will remain open for subscription until May 10, 2024. The IPO price band has been fixed in the range of INR 875 to INR 920. The anchor allotment details reveal that TBO Tek Limited has allotted 7,570,807 Equity Shares to anchor investors at an allocation price of ₹920 per Equity Share, which includes a share premium of INR 919 per Equity Share, with a face value of INR 1 each.
The company's Initial Public Offering (IPO) is scheduled to open on Wednesday, May 8, 2024, and will remain open for subscription until May 10, 2024. The IPO price band has been fixed in the range of INR 875 to INR 920. The anchor allotment details reveal that TBO Tek Limited has allotted 7,570,807 Equity Shares to anchor investors at an allocation price of ₹920 per Equity Share, which includes a share premium of INR 919 per Equity Share, with a face value of INR 1 each.
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