Listed Price₹1426.00
Listing Gain+55.00%
Price Band₹875 - ₹920
Lot Size16 shares
Min Bid₹14,720
Subscription86.68x
Listed Market Snapshot
₹1426.00Listed price from market data
+55.00%listing gain
Issue Amount
₹1,550.81 Cr
Listed Price
₹1426.00
Current Price
₹1489.8
Registrar
Kfin Technologies Limited
Timeline•Book Built Issue IPO
Open08 May 2024
Close10 May 2024
Allotment13 May 2024
Listing15 May 2024
Quota Reservation Portions
RetailPortion: 16,82,401 shares
9.98%Nii(hni)Portion: 25,23,602 shares
14.97%QIBPortion: 50,47,205 shares
29.94%EmployeesPortion: 32,608 shares
0.19%Minimum Application Bracket Matrix
Retail1 lots / 16 shares
₹14,720sHNI14 lots / 224 shares
₹2,06,080bHNI68 lots / 1,088 shares
₹10,00,960About the Company
Tek Travels Private Limited, established on November 6, 2006, is a leading name in the global travel and tourism industry. As per the 1Lattice Report, it ranked highest in Gross Transaction Volume (GTV) and revenue for Fiscal 2023, operating in over 100 countries. With 2,000 employees as of December 2023, the company simplifies travel for both Suppliers (hotels, airlines) and Buyers (travel agencies, online platforms). Its advanced platform allows Suppliers to list inventory and set prices while providing Buyers with a seamless, multi-currency, multi-language booking experience. Tek Travels follows revenue models like the B2B Rate Model and Commission Model, ensuring profitable partnerships for all.
Company Promoters
Ankush NijhawanGaurav BhatnagarManish DhingraArjun Nijhawan
Lead Managers
Registrar
Kfin Technologies Limited