Stake sale · Professional & Local Services
Augusta TBO sells 2% stake in TBO Tek
By Startup Enthusiast ·
- Date
- Company
- TBO Tek
- What it does
- Travel distribution platform
- Kind
- Stake sale
- Amount
- Rs 327.5 crore
- Founded
- 2006
What they do
TBO Tek is a travel distribution platform that connects suppliers like hotels and airlines with travel buyers globally
What happened
Augusta TBO (Singapore) sold a 2.01% stake worth Rs 327.5 crore via open market transaction on 13 July 2026
Why it matters
The sale reduced Augusta's holding from 5.45% to 3.44%, while TBO Tek reported strong Q4 FY26 revenue of Rs 814 crore
The details
- Augusta TBO (Singapore) Pte. Ltd. sold a 2.01% stake in TBO Tek on 13 July 2026.
- The transaction was done via an open market sale on the stock exchange.
- The total deal value was Rs 327.5 crore, based on the closing price of Rs 1,500.3 per share.
- A total of 21.82 lakh equity shares were sold in the transaction.
- Before the sale, Augusta held a 5.45% diluted stake in the company.
- After the sale, Augusta's holding reduced to 3.44%, or 37.35 lakh shares.
The bigger picture
- The sale is a partial exit by an early investor, Augusta TBO (Singapore).
- It comes after TBO Tek's strong Q4 FY26 results, with revenue of Rs 814 crore and profit of Rs 60 crore.
- The company's market capitalisation stood at Rs 16,291 crore at the time of the sale.
About the business
- TBO Tek is a travel distribution platform founded in 2006.
- It simplifies travel distribution for suppliers such as hotels, airlines, car rental companies, insurance providers, cruise lines, and railways.
- It enables buyers (travel agents, tour operators, corporate travel desks) to book travel services globally.
- The company reported Q4 FY26 operating revenue of Rs 814 crore, an 82% year-on-year growth.
- Its Q4 FY26 profit was Rs 60 crore.
The deal
- Type
- stake-sale
Investors
- Augusta TBO (Singapore) Pte. Ltd. (seller) — An entity that held a 5.45% stake in TBO Tek before the sale.
Other articles talking about it
More on TBO Tek
- TBO Tek's share price rises as Jefferies projects 20% annual growth in hotel bookings through 203125 September 2026 · News
- TBO Tek Ltd completed its IPO with a total amount of ₹1,550.81 crore12 September 2026 · IPO · ₹1,550.81 cr
- TBO Tek reports strong Q1 FY27 financial results29 July 2026 · Results · ₹926 crore
- TBO Tek reports Q4 revenue growth with flat profit28 May 2026 · Results
- TBO Tek COO Deepak Khanna resigns after 19 years1 May 2026 · People
- Pramendra Tomar named SVP – General Counsel at TBO Tek24 March 2026 · People
- TBO Tek raises Rs 220 crore in Series F led by Neo Asset Management11 February 2026 · Funding · Rs 220 crore ($25 Mn approx)
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