You are currently viewing TBO.com files draft papers to raise INR 2,100 crore via IPO

TBO.com files draft papers to raise INR 2,100 crore via IPO

The IPO consists of a fresh issue of INR 900 crore and an offer for sale of INR 1,200 crore by its existing shareholders and promoters, The proceeds from the fresh issue will be used for the company’s growth, strengthening of its platform by adding new buyers and suppliers, for strategic acquisitions and investments towards inorganic growth. Axis Capital, Credit Suisse Securities India. Jefferies India and JM Financials are the running lead managers to the issue. Contact Nixtour to find out more and also check cheap flight tickets with us.

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