The TVS Supply Chain Solutions IPO has begun on 10-Aug-2023. It will close on 14-Aug-2023. The Total IPO Size is 880 Crore . The company set its IPO price is 197 Rs Per Share. Basically, there are three basic categories in TVS Supply Chain Solutions IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.

Conclusion

As the grey market is outside the ambit of legal authorities, it is safe to stay away from it. However, the rates quoted in the grey market can be an effective indicator of the performance of an IPO. The GMP (Grey Market Premium) or the Kostak rate should be taken into consideration only to get an idea of a scrip’s future performance.