The TVS Present Chain Alternatives Initial Public Providing (IPO) is making a buzz available within the market as the final date for subscriptions approaches. Scheduled to prevent on August 14, 2023, the IPO has garnered attention as a result of its aesthetic label vary, grey market top class (GMP), and subscription charge. This article presents a total overview of the TVS Present Chain IPO, covering key facts resembling the IPO’s deadline, label vary, grey market top class, subscription charge, and an in-depth fetch out about into the company’s background, operations, and aims. Whether or no longer you’re a doable investor or merely outlandish referring to the IPO market, this text affords treasured insights into one of many fundamental IPOs available within the market.
TVS Present Chain IPO
The TVS Present Chain Alternatives IPO is delivery for funding till August 14, 2023. With shares priced between ₹187 and ₹197 every, the IPO has generated moderately a spread of curiosity, as indicated by the ₹25 grey market top class. The subscription charge is moreover rising, showing mighty ask. It’s a possibility for investors to be share of the company’s boost within the provide chain sector.
| TVS Present Chain Alternatives IPO | Critical facets |
|---|---|
| Category | Stock Market |
| Initiating IPO Date | August 10, 2023 |
| Final IPO Date | August 14, 2023 |
| Itemizing Date | August 23, 2023 (Anticipated) |
| Face Cost | ₹1 per share |
| Price Vary | ₹187 to ₹197 per share |
| Min. Lot Size | 1 lot/76 Shares |
| Venture Form | Book Constructed Venture IPO |
| Itemizing Platforms | BSE, NSE |
TVS Present Chain IPO Final Date
The final date to subscribe to the TVS Present Chain Alternatives IPO is August 14, 2023. While you’re pondering investing within the TVS Present Chain IPO, guarantee that to total your utility ahead of this deadline. It’s a possibility to doubtlessly be a share of the company’s inch within the provide chain administration industry.
TVS Present Chain’s IPO Price Vary
The TVS Present Chain Alternatives IPO affords a label vary of ₹187 to ₹197 per share, allowing investors to purchase shares at masses of label facets within this vary. As an instance, investing ₹187 per share would quantity to ₹14,212 for 76 shares. This versatile pricing constructing caters to masses of funding preferences and budgets, providing a possibility to be share of the company’s inch within the provide chain industry.
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TVS Present Chain Alternatives IPO Lot sizes
The TVS Present Chain Alternatives IPO affords masses of lot sizes for plenty of investor categories. The minimal lot dimension for this IPO contains 76 shares, which requires an funding of ₹14,972. Here’s a breakdown of lot sizes and corresponding amounts for plenty of investor categories:
| Application | Heaps | Shares | Quantity |
|---|---|---|---|
| Retail (Min) | 1 | 76 | ₹14,972 |
| Retail (Max) | 13 | 988 | ₹194,636 |
| S-HNI (Min) | 14 | 1,064 | ₹209,608 |
| S-HNI (Max) | 66 | 5,016 | ₹988,152 |
| B-HNI (Min) | 67 | 5,092 | ₹1,003,124 |
These lot sizes provide flexibility for investors to participate within the TVS Present Chain Alternatives IPO primarily based on their funding preferences and monetary capability.
TVS Present Chain Alternatives IPO Reservation
The TVS Present Chain Alternatives IPO affords masses of reservation percentages for plenty of investor categories. Here’s the reservation breakdown for the IPO:
- QIB (Qualified Institutional Traders): 15.00% of the total field dimension
- NII (Non-Institutional Traders): 15.00% of the total field dimension
- Retail Traders: 10.00% of the total field dimension
- Anchor Traders: 45.00% of the total field dimension
This reservation allocation ensures that masses of types of investors include the change to participate within the TVS Present Chain Alternatives IPO primarily based on their respective categories.
TVS Present Chain IPO GMP
The TVS Present Chain Alternatives IPO has been creating moderately a spread of curiosity available within the market, as indicated by its Grey Market Top charge (GMP) of ₹25. The Grey Market Top charge reflects the additional quantity investors are willing to pay for the shares within the unofficial market ahead of they’re listed on the stock trade. This device higher in GMP from its outdated rate suggests a rising pleasure and ask for the IPO, showcasing the mighty investor sentiment surrounding the TVS Present Chain Alternatives providing.
TVS Present Chain IPO Subscription Price
As of August 11, 2023, at 7: 02 PM, the TVS Present Chain Alternatives IPO had garnered a subscription charge of 1.06 cases. The breakdown of subscription charges in masses of categories is as follows: In the Qualified Institutional Purchaser (QIB) class, it is subscribed at 0.15 cases; within the Non-Institutional Investor (NII) class, it stands at 1.06 cases; particularly, bids above ₹10 lakhs (bNII) are subscribed at 1.19 cases, while bids below ₹10 lakhs (sNII) are at 0.78 cases; in a roundabout intention, within the Retail class, the subscription charge is severely greater at 3.78 cases. Total, the IPO is witnessing a rising stage of curiosity from masses of investor categories.
| Category | Subscription (cases) |
|---|---|
| QIB | 0.15 |
| NII | 1.02 |
| bNII (above ₹10L) | 1.19 |
| sNII (below ₹10L) | 0.78 |
| Retail | 3.62 |
| Total | 1.03 |
TVS Present Chain Alternatives Anchor Traders
The TVS Present Chain Alternatives IPO witnessed anchor investor participation as follows:
| Anchor Traders | Critical facets |
|---|---|
| Shares Offered to Anchor Traders | 20,101,522 shares (45.00%) |
| Anchor Part Size (In Crores) | ₹396.00 crore |
| Lock-in Interval (50% Shares) | From August 9, 2023, to October 3, 2023 |
| Lock-in Interval (Final Shares) | From August 9, 2023, to January 1, 2024 |
Anchor investors are institutional investors who subscribe for shares ahead of the IPO opens to the public. Their participation is a precursor to the IPO and can impact investor sentiment. The lock-in duration ensures that anchor investors withhold their disbursed shares for a order duration after the IPO itemizing.
About Firm
TVS Present Chain Alternatives is a excellent participant within the provide chain administration sector, providing total companies and products to global organizations, government departments, and businesses. With a big vary of offerings in built-in provide chain alternate strategies and network alternate strategies, the company is positioned as a chase-setter on this industry. Its clientele involves renowned companies resembling Hyundai, Sony, and Yamaha. Because it prepares for its IPO, the company’s history, capabilities, and capability for boost device it a gripping proposition for investors searching for publicity to the dynamic world of provide chain administration.
FAQ
What’s the TVS Present Chain Alternatives IPO?
The TVS Present Chain Alternatives IPO is a public providing that lets in investors to purchase shares within the company and turn into shareholders.
When is the final date for TVS Present Chain IPO subscriptions?
The final date for subscriptions is August 14, 2023.
What’s the associated rate vary for the TVS Present Chain IPO shares?
The price vary is ₹187 to ₹197 per share.
What’s the minimal lot dimension for the TVS Present Chain IPO?
The minimal lot dimension is 76 shares, costing ₹14,972.
What’s the Grey Market Top charge (GMP) for the TVS Present Chain IPO?
The GMP is ₹25, indicating the pinnacle class investors are willing to pay ahead of itemizing.
What’s the reservation breakdown for the TVS Present Chain IPO?
QIB: 15%, NII: 15%, Retail: 10%, Anchor Traders: 45%.
When will the TVS Present Chain IPO shares be listed?
They are anticipated to be listed on August 23, 2023.