TVS Supply Chain Solutions Limited proposes to open its initial public offering of Equity Shares on Thursday, August 10, 2023. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Wednesday, August 09, 2023. Bid/ Offer Closing Date will be Monday, August 14, 2023.
- Issue Opens on: Thursday, August 10, 2023
- Issue Closes on: Monday, August 14, 2023
- Face Value: ₹ 1 per equity share
- Price Band: ₹ 187
The Price Band of the Offer has been fixed from ₹ 187 per Equity Share to ₹ 197 per Equity Share. Bids can be made for a minimum of 76 Equity Shares and in multiples of 76 Equity Shares thereafter. The Offer consists of a fresh issue of up to such number of Equity Shares aggregating up to ₹ 6,000 million and an offer for sale of up to 14,213,198 Equity Shares, comprising of up to 10,734,565 Equity Shares by Omega TC Holdings PTE. Ltd., up to 984,823 Equity Shares by Tata Capital Financial Services Limited, up to 100,000 Equity Shares by Kotak Special Situations Fund, and up to 100,000 Equity Shares by TVS Motor Company limited, and up to 2,293,810 Equity Shares by certain other selling shareholders as set out under Annexure A of the Red Herring Prospectus. The Investor Selling Shareholders and Other Selling Shareholders, collectively referred as “Selling Shareholders” and such offer for sale by the Selling Shareholders, the “Offer for Sale”).
The Equity Shares offered through Red Herring Prospectus are proposed to be listed on both BSE and National Stock Exchange of India Limited.
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