TVS Supply Chain Solutions IPO
Supply Chain / Integrated Logistics - Listed on 23 August 2023
TVS Supply Chain Solutions IPO listing summary
TVS Supply Chain Solutions (Supply Chain / Integrated Logistics) closed its IPO window in 2023 and listed on NSE and BSE on 23 August 2023 at an upper band issue price of Rs 197, opening at Rs 207.05 for a listing gain of +5.1% and closing day one at Rs 201.1 (+2.1% on closing basis). The IPO was subscribed 2.78x overall - QIB 1.35x, HNI/NII 2.35x, Retail 7.61x. The total issue size was Rs 880 Cr (Fresh Issue Rs 600 Cr, OFS Rs 280 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
TVS Supply Chain Solutions IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 27 | +13.71% |
| Day 2 | Rs 30 | +15.23% |
| Day 3 | Rs 20 | +10.15% |
| Day 4 | Rs 20 | +10.15% |
| Day 5 | Rs 20 | +10.15% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the TVS Supply Chain Solutions IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
TVS Supply Chain Solutions IPO - FAQs
What was the listing gain of TVS Supply Chain Solutions IPO?
TVS Supply Chain Solutions IPO listed at +5.1% versus the upper issue price of Rs 197 on 23 August 2023.
How many times was TVS Supply Chain Solutions IPO subscribed?
TVS Supply Chain Solutions IPO was subscribed 2.78x overall. QIB portion was subscribed 1.35x, HNI / NII 2.35x and Retail 7.61x.
What was the IPO GMP for TVS Supply Chain Solutions?
IPO GMP started at Rs 27 on Day 1 and moved to Rs 20 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.