TVS Supply Chain IPO allotment – how to check allotment, GMP, listing date and more
Aug 18, 2023, 07:00 IST
- TVS Supply Chain is expected to announce its share allotment status today, August 18.
- The shares of TVS Supply Chain were subscribed 2.78 times.
- The shares are expected to be listed on the stock exchanges on August 23.
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Chennai-based TVS Supply Chain, an integrated supply chain solutions and network solutions provider is expected to announce the allotment status of its initial public offering (IPO) today, that is August 18.The TVS Supply Chain IPO opened on August 10 and closed on August 14. The price band for the IPO was ₹187 to ₹197 per share.
Average subscription
On the last day, the TVS Supply Chain IPO was subscribed 2.78 times, receiving bids for 6.99 crore equity shares against 2.51 crore shares on offer.
While the qualified institutional buyer portion was subscribed 1.35 times, the non-institutional investors portion was subscribed 2.35 times. The retail portion witnessed the highest participation and was subscribed 7.61 times.
Grey market premium
The shares of TVS Supply Chain are currently commanding a grey market premium (GMP) of ₹5 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.
Here’s how to check the IPO’s allotment status
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- To check the TVS Supply Chain IPO allotment status, visit the registrar’s website here.
- Click on ‘Select Company’ and then select ‘TVS Supply Chain’.
- Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
- Now, enter the captcha.
- Click on submit.
You can also check the TVS Supply Chain IPO allotment status on the BSE and NSE websites.
To check the allotment status on BSE or NSE website:
- Go to the BSE website.
- On the website, click on 'Equity' and then select ‘TVS Supply Chain’ from the dropdown menu.
- Now, enter your application number and PAN.
- Click on 'Search'.
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You can click here and log in to check your allotment status on NSE.TVS Supply Chain IPO listing date
The shares of TVS Supply Chain will be listed on the stock exchanges on August 23.
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