TBO Tek and Awfis Space Solutions receive SEBI approval for IPOs, aiming to raise ₹400 crore and ₹160 crore respectively.
Travel distribution platform TBO Tek and flexible workspace provider Awfis Space Solutions have received approval from the Securities and Exchange Board of India (SEBI) for their Initial Public Offerings (IPOs). TBO Tek plans to raise ₹400 crore, while Awfis Space Solutions aims to raise ₹160 crore. The funds raised will be used for growth, strengthening of platforms, capital expenditure, and general corporate purposes.
April 23, 2024
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