TVS Supply Chain Solutions Ltd
Price Range
₹187 - ₹197
Min. Quantity
76
Closes on
14 August 2023
Min. investment
₹14,972/988 Shares
TVS Supply Chain Solutions Ltd IPO Timeline
TVS Supply Chain Solutions Limited was originally incorporated as 'TVS Logistics Services Limited' in Madurai, on November 16, 2004 issued by the Registrar of Companies, Tamil Nadu. Thereafter, the name of Company was changed to 'TVS Supply Chain Solutions Limited', upon a fresh Certificate of Incorporation in change in name on February 27, 2019 issued by the RoC.
| Event | Date |
|---|---|
| TVS Supply Chain Solutions Ltd IPO Opening Date | 10 August 2023 |
| TVS Supply Chain Solutions Ltd IPO Closing Date | 14 August 2023 |
| Basis of Allotment | 21 August 2023 |
| Initiation of Refunds | 22 August 2023 |
| Credit of Shares to Demat | 23 August 2023 |
| TVS Supply Chain Solutions Ltd IPO Listing Date | 23 August 2023 |
TVS Supply Chain Solutions Ltd IPO Details
| TVS Supply Chain Solutions Ltd IPO Date | 10 August 2023 to 14 August 2023 |
| TVS Supply Chain Solutions Ltd IPO Face Value | ₹1 per share |
| TVS Supply Chain Solutions Ltd IPO Price | ₹187 to ₹197 per share |
| TVS Supply Chain Solutions Ltd IPO Lot Size | 76 |
| Issue Size | Shares of ₹1 (aggregating up to ₹880 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹600 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹266 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,35,47,601 of the Net Offer |
| Retail Shares Offered | Not less than 46,29,875 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 69,44,813 of the Net Offer |
| Company Promoters | TVS Mobility Pvt Ltd, T.S.Rajam Rubbers Pvt Ltd, Dhinrama Mobility Solutions Pv |
TVS Supply Chain Solutions Ltd IPO Lot Size
The TVS Supply Chain Solutions Ltd IPO lot size is 76 shares. A retail-individual investor can apply for up to 13 lots (988 shares or ₹1,94,636).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 76 | ₹14,972 |
| Maximum | 13 | 988 | ₹1,94,636 |
- Strengths
- Risks
- Opportunities
- Critical scale in a fast-growing and fragmented third-party logistics market in India;
- Leader in end-to-end solutions enabled by domain expertise, global network and knowledge base;
- Robust in-house technology differentiation;
- Long and consistent track-record of successful integration of acquisitions to support capabilities and customer acquisition;
- Long-term customer relationship in diversified and attractive industries through encirclement;
- Resilient business model with multiple drivers of profitable growth;
- Strong parentage with management team with cross industry experience.
Company Financials
TVS Supply Chain Solutions Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 3,620.05 | 2,139.65 | 105.45 |
| 03-2023 | 3,120.17 | 1,978.44 | -29.26 |
| 03-2022 | 2,471.7 | 1,561.03 | -21.22 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and its subsidiaries, TVS LI UK & TVS SCS Singapore
- General corporate purposes
TVS Supply Chain Solutions Ltd IPO Promoter Holding
| Pre Issue Share Holding | 26.36% |
| Post Issue Share Holding | 24.16% |
TVS Supply Chain Solutions Ltd IPO Subscription Status (Bidding Detail)
The TVS Supply Chain Solutions Ltd IPO is subscribed 2.78 times on 14 August 2023 05:00:00 PM. The public issue subscribed 7.61 times in the retail category, 1.35 times in the QIB category, and 2.35 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.35 | 2.35 | 7.61 | - | 2.78 |
TVS Supply Chain Solutions Ltd IPO Prospectus
TVS Supply Chain Solutions Ltd IPO Listing Date
| Listing Date | 23 August 2023 |
| BSE Script | 543965 |
| NSE Symbol | TVSSCS |
| Listing In | BSE, NSE |
| ISIN | INE395N01027 |
| IPO Price | ₹197 |
| Face Value | ₹1 |
Company Contact Information
10 Jawahar RoadChokkikulam,Madurai-625002
Phone: 91-44-66857777
Email: cs.compliance@tvsscs.com
Website: www.tvsscs.com
TVS Supply Chain Solutions Ltd IPO Registrar
TVS Supply Chain Solutions Ltd IPO Lead Manager(s)
- JM Financial Ltd
- Axis Capital Ltd
- J.P.Morgan India Pvt Ltd
- BNP Paribas
- Nuvama Wealth Management Ltd
- Equirus Capital Pvt Ltd
FAQ
What is the issue size of TVS Supply Chain Solutions Ltd IPO?
I have pre-applied for TVS Supply Chain Solutions Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.