TBO Tek Ltd and Awfis Space Solutions Ltd have secured approval from the Securities Exchange Board of India (SEBI) to raise funds through initial public offerings (IPOs). TBO Tek filed draft papers with SEBI in November 2023, while Awfis Space Solutions submitted its DRHP in December 2023.
TBO Tek's IPO, an online travel distribution platform, comprises a fresh issuance of shares worth ₹400 Crore by the company, along with an offer-for-sale (OFS) of 1.56 Crore equity shares by promoters and investors. Promoters Gaurav Bhatnagar, Manish Dhingra, and LAP Travel, alongside investors TBO Korea and Augusta TBO, are the selling shareholders in the OFS. Axis Capital, Goldman Sachs (India), JM Financial, and Jefferies India serve as the book-running lead managers to the issue, with KFin Technologies acting as the registrar to the offer.
On the other hand, Awfis Space Solutions' IPO includes a fresh issue of ₹160 Crore and an offer-for-sale of up to 10.02 million shares by existing shareholders and promoters. The OFS comprises up to 5.01 million shares by Peak XV Partners Investments V, up to 4.94 million shares by Bisque Ltd, and up to 75,174 million shares by Link Investment Trust. ICICI Securities, Axis Capital, IIFL Securities, and Emkay Global Financial Services are the book running managers to the issue.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.