TBO Tek IPO review: Should you apply? Check Anil Singhvis view
TBO Tek IPO review: Travel distribution platform TBO Teks initial public offering (IPO) worth Rs 1,550 crore opened for subscription on May 8. The IPO will conclude on May 10. Zee Business Managing Editor Anil Singhvi on Wednesday recommended investors to apply in TBO Tek IPO for big listing gain.
TBO Tek IPO review, TBO Tek IPO apply or not: Travel distribution platform TBO Tek's initial public offering (IPO) worth Rs 1,550 crore opened for subscription on Wednesday, May 8. The IPO will conclude on May 10.
TBO Tek IPO review: Should you apply? Here's what Anil Singhvi suggests
Zee Business Managing Editor Anil Singhvi on Wednesday recommended investors to apply in TBO Tek IPO for big listing gain. Singhvi said that investors must keep the long-term objective in this offer. The market guru listed the following positives and negatives:
TBO Tek IPO: Positives
- Well-qualified, experienced, professional management
- Niche business model
- Extraordinary financial records for the last 3 years
- Attractive valuation
TBO Tek IPO: Negatives
- Dependency on Hotel Business
- Maintaining a growth record in the future will be challenging
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