260.1. Jetha Lal| Link| Bookmark|
August 22, 2023 7:35:26 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Trading Members of the Exchange are hereby informed that effective from Wednesday, August 23, 2023, the equity shares of TVS Supply Chain Solutions Limited shall be listed and admitted to dealings on the Exchange in the list of 'B ' Group of Securities.
Name of the company TVS Supply Chain Solutions Limited
Scrip ID on BOLT System TVSSCS
Scrip Code 543965
ISIN No. INE395N01027
Issue Price for the current Public issue Rs. 197/- per share (Face Value of Rs. 1/- and premium of Rs. 196/-)
Date of Allotment in the public issue: August 21, 2023.
When an IPO is designed in such away that QIB & Anchor investor hold 75% of the stocks, they don't want weak hands to get into the script and offload to much stocks to retail . Also this talks about their Pre IPO confidence on their business model. Chances of Negative listing is very less. My guess is 10 to 15% in preopening should be visible. Disclaimer I don't have open position in this as was running short of funds at that point. All the best to allotees. should do reasonably well. Cheers
@KSRK. Good morning. I have applied 2 lots in crop IPO. Shall I wait and watch for discount listing or shall I apply one more lot with same PAN to get rejected. Please suggest . Thanks. TVS you can purchase after listing with some discount or atpar. Long-term scrip. Thanks
No body can correctly assess in the present scenario. If you applied in two separate Retail applications, better you keep one application as it is and in case of the other application, you may get it rejected as per your plan. I humbly submit that I am not an expert in this field. Sorry, if I disappointed you. All the best. Thank you.