Le Travenues Technology IPO vs TBO Tek IPO

Comparison between Le Travenues Technology IPO and TBO Tek IPO.

IPO Details

Le Travenues Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TBO Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Le Travenues Technology IPO is up to ₹740.10 Cr whereas the issue size of the TBO Tek IPO is up to ₹1,550.81 Cr. The final issue price of Le Travenues Technology IPO is ₹93.00 per share and of TBO Tek IPO is ₹920.00 per share.

 Le Travenues Technology IPOTBO Tek IPO
Face Value₹1 per share₹1 per share
Issue Price (Lower)₹88.00 per share₹875.00 per share
Issue Price (Upper)₹93.00 per share₹920.00 per share
Issue Price (Final)₹93.00 per share₹920.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size161 shares16 shares
Fresh Issue Size1,29,03,225 shares43,47,826 shares
Fresh Issue Size (Amount)up to ₹120.00 Crup to ₹400.00 Cr
OFS Issue Size6,66,77,674 shares1,25,08,797 shares
OFS Issue Size (Amount)up to ₹620.10 Crup to ₹1,150.81 Cr
Issue Size Total7,95,80,899 shares1,68,56,623 shares
Issue Size Total (Amount)up to ₹740.10 Crup to ₹1,550.81 Cr

IPO Timetable

Le Travenues Technology IPO opens on Jun 10, 2024, while TBO Tek IPO opens on May 08, 2024. The closing date of Le Travenues Technology IPO and TBO Tek IPO is Jun 12, 2024, and May 10, 2024, respectively.

 Le Travenues Technology IPOTBO Tek IPO
Anchor Bid DateJun 07, 2024May 07, 2024
Issue OpenJun 10, 2024May 08, 2024
Issue CloseJun 12, 2024May 10, 2024
Basis Of Allotment (Tentative)Jun 13, 2024May 13, 2024
Initiation of Refunds (Tentative)Jun 14, 2024May 14, 2024
Credit of Share (Tentative)Jun 14, 2024May 14, 2024
Listing date (Tentative)Jun 18, 2024May 15, 2024
Anchor Lockin End date 1Jul 13, 2024Jun 12, 2024
Anchor Lockin End date 2Sep 11, 2024Aug 11, 2024

Financials & KPIs

Le Travenues Technology IPO P/E ratio is 148.87, as compared to TBO Tek IPO P/E ratio of 64.58.

 Le Travenues Technology IPOTBO Tek IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets678.71585.93538.47185.07
Total Income497.10517.57384.94138.41
Profit After Tax65.7123.40-21.097.53
NET Worth437.13373.76342.6929.94
Reserves and Surplus399.83334.17303.22-212.60
Total Borrowing43.360.542.7314.94
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,754.052,557.931,271.43576.16
Total Income1,039.561,085.77511.93176.55
Profit After Tax154.18148.4933.72-34.14
NET Worth501.21337.19231.90204.07
Reserves and Surplus478.43317.57214.08197.58
Total Borrowing2.936.362.69
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)51.26
Promoter Shareholding (Post-Issue)
P/E Ratio148.8764.58
Market Cap₹3603.04 Cr.₹9990.08 Cr.
ROE
ROCE
Debt/Equity
EPS₹0.62₹14.25
RoNW15.26%30.76

Shares Offered

In the Le Travenues Technology IPO Retail Individual Investors (RII) are offered 79,58,089 shares while in TBO Tek IPO retail investors are offered 79,58,089 shares. Qualified Institutional Buyers (QIB) are offered 2,38,74,271 shares in Le Travenues Technology IPO and 50,47,205 shares in TBO Tek IPO.

 Le Travenues Technology IPOTBO Tek IPO
Anchor Investor Reservation3,58,11,405 shares75,70,807 shares
Market Maker Reservation
QIB2,38,74,271 shares50,47,205 shares
NII1,19,37,134 shares25,23,602 shares
RII79,58,089 shares16,82,401 shares
Employee32,608 shares
Others
Total7,95,80,899 shares1,68,56,623 shares

Bids Received (Subscription)

Le Travenues Technology IPO subscribed 98.10x in total, whereas TBO Tek IPO subscribed 86.69x.

 Le Travenues Technology IPOTBO Tek IPO
QIB (times)106.73x125.51x
NII (times)110.25x50.60x
Big NII (times)117.40x55.82x
Small NII (times)95.95x40.15x
RII (times)53.95x25.72x
Employee (times)17.81x
Other (times)
Total (times)98.10x86.69x

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