TBO Tek Ltd. IPO

We operate an online B2B travel distribution platform that provides a wide range of offerings and connects Buyers and Suppliers. We simplify the business of travel by centralizing transactions on a single user-friendly platform. By using our platform suppliers such as hotels, airlines, car ... rentals, transfers, cruises, insurance, rail and others can connect with buyers such as travel agencies, independent travel advisors, tour operators, travel management companies, online travel companies, super-applications and loyalty applications thereby streamlining the entire process. Instead of dealing with multiple platforms and systems, Buyers and Sellers can use our single platform to conduct transactions. Suppliers are able to display, market and decide price for the Buyers who in turn discover and book travel for destinations worldwide, across various travel segments such as leisure, corporate and religious travel through an integrated, multi-currency and multi-lingual one-stop solution through our platform. We have two key revenue model for our transaction, i.e., B2B Rate Model where we receive inventory from Suppliers on which we apply a certain mark-up and pass on to the Buyers and Commission Model where our Suppliers fix the price at which they want to sell to the end traveller and upon which we receive commission from the Supplier; part of which we retain and part of which we share with the Buyer. Read more

Our Company was incorporated as ‘Tek Travels Private Limited on November 6, 2006, at New Delhi as a private limited company under the Companies Act, 1956. The name of our Company was changed to ‘TBO Tek Private Limited’, and a fresh certificate of incorporation was issued by the ... RoC on October 22, 2021. Our Company was subsequently converted into a public limited company and the name of our Company was changed to ‘TBO Tek Limited’ and a fresh certificate of incorporation dated November 3, 2021 was issued by RoC.

In 2023 the travel and tourism industry recovered, growing 18.2% year-on-year from 2022 to reach US$ 1.9 trillion, and expected to grow at a CAGR of 8.2% to reach US$ 2.6 trillion in 2027. (Source: 1Lattice Report) New age travel distribution platforms, connect a large and heterogenous audience ... of retail and enterprise travel buyers to a diverse group of travel suppliers (hotels, airlines, transfers amongst others) enabling a comprehensive range of transactions between the retail and enterprise travel buyers on the platform. Travel distribution platforms provide a large audience of buyers to the supplier community while providing global inventory reach to travel buyers. Read more