TVS Supply Chain Solutions lists with 4.72% premium on the BSE
TVS Supply Chain Solutions has debuted at Rs 206.30 on the BSE, up by 9.30 points or 7.05% from its issue price of Rs 197.
The scrip is currently trading at Rs 201.15, up by 4.15 points or 2.11% from its issue price. It has touched a high and low of Rs 208.50 and Rs 200.00 respectively. So far 7.39 lakh shares were traded on the counter.
The offering, which was open for subscription between August 10, 2023 and August 14, 2023 was subscribed 2.8 times. The issue price was fixed at Rs 197 per share i.e. at upper end of price band of Rs 187-197 apiece.
TVS Supply Chain Solutions (TVS SCS), an integrated supply chain solutions provider, is present in over 25 countries. TVS SCS is promoted by the erstwhile TVS Group and is now part of the TVS Mobility Group, which has four business verticals -- supply chain solutions; manufacturing; auto dealership, and aftermarket sales and service.