TVS Supply Chain Solutions, Srivari Spices IPOs to open this week. Check details

Posted on:
Key Points

The mainboard initial public offering (IPO) of TVS Supply Chain Solutions will open on Thursday, July 10..

In the SME space, Srivari Spices and Foods will launch its public issue on Monday, August 7..

The company, in consultation with the book-running lead managers, has undertaken a pre-IPO placement and accordingly, the fresh issue size has been reduced from Rs 750 crore...

The issue is a 100% book-building offer with a lot size of 3,000 shares and a maximum subscription amount for retail investors at Rs 200,000..

The non-institutional investors (NIIs) have subscribed the issue by 12.95 times as on August 4 while the qualified institutional buyers' (QIBs) portion has received 6.71 times subscription...