The TVS Supply Chain Solutions IPO commenced on August 10, 2023, and concluded on August 14, 2023. The allotment of shares took place on August 18, 2023, and the initiation of refunds began on August 21, 2023. The shares were credited to the demat accounts of investors on August 22, 2023. Finally, the listing of TVS Supply Chain Solutions on the stock exchange occurred on August 23, 2023.
The TVS Supply Chain Solutions IPO was priced at ₹187 to ₹197 per share, with a lot size of 76. The total issue size was ₹880 crores, comprising a fresh issue of ₹600 crores and an offer for sale of ₹280 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
TVS Supply Chain Solutions IPO Basic Details
|Company Name||TVS Supply Chain Solutions Limited|
|Domain of Company||Supply Chain Management Services|
|TVS Supply Chain Solutions IPO GMP Today||₹0.50|
|TVS Supply Chain Solutions IPO Listing Gain||0.25%|
|TVS Supply Chain Solutions IPO Open Date||August 10, 2023|
|TVS Supply Chain Solutions IPO Close Date||August 14, 2023|
|TVS Supply Chain Solutions IPO Allotment Date||August 18, 2023|
|TVS Supply Chain Solutions IPO Listing Date||August 23, 2023|
|Face Value||₹1 per share|
|Price||₹187 to ₹197 per share|
|Lot Size||76 Shares|
|Issue Size||[.] shares|
(aggregating up to ₹880.00 Cr)
|Fresh Issue||[.] shares of ₹1|
(aggregating up to ₹600.00 Cr)
|Offer for Sale||14,213,198 shares of ₹1|
(aggregating up to ₹280.00 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE, BSE|
|Company Promoters||TVS Mobility Private Limited,|
T.S. Rajam Rubbers Private Limited and
Dhinrama Mobility Solution Private Limited
TVS Supply Chain Solutions IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|20 August 2023||₹0.5||0.25%||–||–|
|19 August 2023||₹0.5||0.25%||–||–|
|18 August 2023||₹0.5||0.25%||–||–|
|17 August 2023||₹0.5||0.25%||–||–|
|16 August 2023||₹0.5||0.25%||–||–|
|15 August 2023||₹0.5||0.25%||–||–|
|14 August 2023||₹0.5||0.25%||–||–|
|13 August 2023||₹0.5||0.25%||–||–|
|12 August 2023||₹5||2.25%||–||–|
|11 August 2023||₹5||2.25%||–||–|
|10 August 2023||₹5||2.25%||–||–|
|9 August 2023||₹5||2.25%||–||–|
|8 August 2023||₹5||2.25%||–||–|
|7 August 2023||₹0||0.00%||–||–|
|6 August 2023||₹0||0.00%||–||–|
TVS Supply Chain IPO Details:
TVS Supply Chain Solutions offers supply chain management services to international organizations, government departments, and medium to large businesses. The company operates in two main segments:
- Integrated Supply Chain Solutions (ISCS), which covers sourcing, procurement, integrated transportation, logistics operation centers, in-plant logistics, aftermarket fulfillment, finished goods distribution, and supply chain consulting.
- Network Solutions (NS), comprising Global Forwarding Solutions (GFS) for end-to-end freight management, warehousing, port storage, value-added services, and Time-Critical Final Mile Solutions (TCFMS) involving closed-loop logistics, spares logistics, refurbishment, engineering support, and courier management.
In Fiscal 2022, TVS SCS served 10,531 global customers and 1,044 Indian customers. The company’s clientele includes well-known names in industries like Automotive, Defence, Engineering, FMCG, Rail, Utilities, E-commerce, and Healthcare. Notable clients include Sony India, Hyundai Motor India, Johnson Controls-Hitachi, Ashok Leyland, TVS Motor Company, and more.
TVS Supply Chain Solutions generated a total income of ₹92,999.36 million in Fiscal 2022.
TVS Supply Chain Solutions IPO More Details Click Here
TVS Supply Chain Solutions IPO FAQs
When is TVS Supply Chain Solutions IPO open?
TVS Supply Chain Solutions IPO will open on 10 August 2023.
When is TVS Supply Chain Solutions IPO Close?
TVS Supply Chain Solutions IPO will be closed on 14 August 2023.
What is TVS Supply Chain Solutions IPO GMP Today?
The TVS Supply Chain Solutions IPO GMP aka Grey Market Premium is ₹0.50.
What is TVS Supply Chain Solutions IPO Kostak Rates Today?
The TVS Supply Chain Solutions IPO Kostak Rate is ₹000.
What is TVS Supply Chain Solutions IPO Subject to Sauda Price Today?
The TVS Supply Chain Solutions IPO subject to sauda rates is ₹000.
TVS Supply Chain Solutions IPO Expected Returns?
The TVS Supply Chain Solutions expected return is 0.25%.
How much will be the listing gain in TVS Supply Chain Solutions IPO?
TVS Supply Chain Solutions IPO will get listing gain of 0.25%. (Approx.)