TVS Supply Chain Solutions IPO allotment likely out today; here’s how to check

18 Aug 2023 , 11:21 AM

The RS 880 crore initial public offer (IPO) of TVS Supply Chain Solutions Limited was available for subscription from August 10 to 14. The company will announce allotment of shares of the company of August 18.

Those who have applied for the IPO can check the allotment status of TVS Supply Chain Solutions at BSE website or on the website of issue registrar, Link Intime Pvt Ltd. Investors need to provide PAN details and application number to check allotment status.

The IPO comprised a fresh issue of 600 crore shares and an offer for sale of 1.42 crore shares. Under the Offer for Sale (OFS), Omega TC Holdings will divest 1.07 crore shares, and Tata Capital Financial will sell 9.84 lakh shares. Other selling shareholders include Sargunaraj Ravichandran, Andrew Jones, Ramalingam Shankar, Ethirajan Balaji, and TVS Motor Co, among others.

TVS Supply Chain Solutions, headquartered in Chennai, specializes in providing comprehensive supply chain management services to international organizations, government departments, as well as large and medium-sized businesses. The company operates within two distinct segments: Integrated Supply Chain Solutions (ISCS) and Network Solutions (NS)

TVS Supply Chain Solutions IPO details:

Open date	10 August 2023
Close date	14 August 2023
Lot size	76 shares
IPO size (Rs crore)	Rs 880 crore
IPO price range (Rs)	Rs 187-197
Minimum investment	Rs 14,972
Basis of allotment date	18 August 2023
Refunds date	21 August 2023
Credit to demat account date	22 August 2023
Listing date	23 August 2023