What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for TVS Supply Chain Solutions Limited IPO?

Based on the upper price band of ₹197 and current GMP of ₹4, the estimated listing price is ₹201 (approx. 2.0% gain).

What is the expected profit per lot for TVS Supply Chain Solutions Limited IPO?

With a lot size of 76 shares and current GMP of ₹4, expected profit per retail application lot is approximately ₹304.

IPO GreyPremiumLIVE

Grey Market Intelligence

TVS Supply Chain Solutions Limited

ListedMainboard

Industrials · NSE / BSE

TVS Supply Chain Solutions (TVS SCS) provides end-to-end supply chain management services to international organizations, government departments, and large-to-medium businesses. Its operations are divided into two segments: Integrated Supply Chain Solutions (ISCS), covering sourcing, procurement, transportation, in-plant logistics, finished goods, aftermarket fulfillment, and supply chain consulting; and Network Solutions (NS), offering global forwarding solutions, warehousing, time-critical final mile services, and spares logistics. TVS SCS served over 10,500 global and 1,044 Indian customers in Fiscal 2022, including multiple Fortune Global 500 companies. Its clientele spans automotive, defense, FMCG, healthcare, e-commerce, and utilities sectors. Total income in Fiscal 2022 was ₹92,999.36 million.

Price Band

₹187 – ₹197

Issue Size

₹880 Cr

Lot Size

76 shares

GMP

₹4

+2.0%

Est. Listing

₹201

at current GMP

Subscribed

2.93x

overall

Open

10 Aug 2023

14 Aug 2023

Allotment

21 Aug 2023

Refund

22 Aug 2023

Demat Credit

23 Aug 2023

Listing

23 Aug 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

TVS Supply Chain Solutions Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹4+2.0%

Issue Price (Upper)

₹197

Band: ₹187 – ₹197

Estimated Listing Price

₹201

Upper price + GMP

Lot Size

76 shares

Min investment ₹14,972

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹4	2.0%	₹201
30 Oct 2026	+₹4	2.0%	₹201
29 Oct 2026	+₹4	1.8%	₹201

About TVS Supply Chain Solutions Limited Public Issue & Market Profile

TVS Supply Chain Solutions Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹880 Crores. The shares are offered at a price band of ₹187 to ₹197 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2023-08-14, the basis of allotment is scheduled to be finalized on 2023-08-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is TVS Supply Chain Solutions Limited IPO GMP today?

The latest grey market premium for TVS Supply Chain Solutions Limited IPO is ₹4, which indicates an expected listing price of ₹201.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.