TVS Supply Chain Solutions Limited IPO
TVS Supply Chain Solutions Limited was a mainboard IPO in the Logistics Solution Provider sector, offered at ₹187–₹197 per share to raise ₹880 crore. The issue was subscribed 2.78× overall (QIBs 1.35×, NIIs 2.35×, retail 7.61×). It listed on 23 Aug 2023 at ₹207 and closed its first day at ₹201, a listing gain of +2.0% versus the ₹197 issue price. It now trades around ₹105 (-46.9% versus the issue price).
Frequently asked questions
- How many times was the TVS Supply Chain Solutions Limited IPO subscribed?
- The TVS Supply Chain Solutions Limited IPO was subscribed 2.78× overall — 1.35× in the QIB category, 2.35× among non-institutional investors, 7.61× in retail.
- What were the TVS Supply Chain Solutions Limited IPO listing gains?
- TVS Supply Chain Solutions Limited listed on 23 Aug 2023 at ₹207, closing its first day at ₹201 — a listing gain of +2.0% versus the ₹197 issue price.
- What were the retail allotment odds for the TVS Supply Chain Solutions Limited IPO?
- Retail was subscribed 7.91×, so a single-lot application had roughly a 12.6% chance of allotment (about 1 in 8), and allotment was finalised on 17 Aug 2023.
- What was the price band and lot size of the TVS Supply Chain Solutions Limited IPO?
- The price band was ₹187–₹197 per share, with a minimum lot of 76 shares (₹14,972 at the upper band).
- Who were the registrar and lead manager for the TVS Supply Chain Solutions Limited IPO?
- Link Intime India Private Limited was the registrar, and JM Financial was the book-running lead manager.