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TBO Tek's IPO to open for subscription on May 8

Currently, promoters hold a 51.26 percent stake in TBO Tek, while public shareholders own 46.43 per cent of the shares. TBO ESOP Trust, a non-promoter non-public shareholder, commands a 2.31 per cent shareholding. Among public shareholders, Augusta TBO is the largest with a 19.53 percent stake, followed by private equity firm General Atlantic with 15 per cent and TBO Korea with 11.06 per cent.