TVS Supply Chain Solutions’ IPO. It appears that the IPO received a mixed response from investors, with an overall subscription of 2.85 times. The basis of allotment is expected to be finalized on Friday, August 18, 2023. The IPO was sold in the price range of Rs 187-197 per share. The qualified institutional bidders’ category was subscribed 1.37 times, the non-institutional investors’ category was subscribed 2.44 times, and the retail investors’ category was subscribed 7.89 times.
Grey market premium refers to the difference between the price at which shares are traded in the grey market and the price at which the shares were issued in the primary market. In the case of TVS Supply Chain Solutions, the grey market premium has corrected sharply, indicating lower demand and sentiment for the company’s shares. The current grey market signal suggests that the company’s shares may have a flat listing, without much movement in price. TVS Supply Chain Solutions provides supply chain management services in two segments, integrated supply chain solutions and network solutions.
Investors who have applied for the TVS Supply Chain Solutions Limited IPO can check the allotment status through the following options:
1) Bombay Stock Exchange (BSE) website:
– Visit the link: https://www.bseindia.com/investors/appli_check.aspx
– Select “Equity” under the issue type.
– Choose “TVS Supply Chain Solutions Limited” from the drop-down menu under the issue name.
– Enter your application number.
– Add your PAN card ID.
– Complete the “I am not a Robot” verification.
– Click on “Submit” to check the allotment status.
2) Link Intime India Private Limited online portal:
– Visit the link: https://linkintime.co.in/MIPO/Ipoallotment.html
– Link Intime India Private Limited is the registrar to the issue and handles the allotment process.
– Look for the TVS Supply Chain Solutions Limited IPO allotment status on their website.
Please note that these options will allow you to check the allotment status of the IPO application.
