TVS Supply Chain Solutions specializes in providing supply chain management services to international organizations, government departments, and large to medium-sized businesses. Their offerings are divided into two segments: Integrated Supply Chain Solutions (ISCS) and Network Solutions (NS).
The ISCS segment encompasses sourcing, procurement, integrated transportation, logistics operation centers, in-plant logistics operations, finished goods management, aftermarket fulfillment, and supply chain consulting. Meanwhile, the NS segment includes Global Forwarding Solutions (GFS) for end-to-end freight management across various modes, warehousing, port storage, value-added services, and Time-Critical Final Mile Solutions (TCFMS) for closed-loop logistics support.
In Fiscal 2022, TVS SCS served over 10,531 and 8,115 global customers, along with 1,044 and 733 customers in India during the nine months ended December 31, 2022. The company boasts a client roster from diverse industries, including Automotive, Defence, Engineering, FMCG, Rail, Utilities, E-commerce, and Healthcare. Notable clients include Sony India, Hyundai Motor India, Johnson Controls-Hitachi Air Conditioning, and more.
With a total income of ₹92,999.36 million in Fiscal 2022, TVS Supply Chain Solutions is a prominent player in the supply chain management arena.
TVS Supply Chain Solutions IPO Details #
TVS Supply Chain Solutions IPO is a Book Built Issue. The IPO total issue size is Rs 880.00 Cr. The TVS Supply Chain Solutions IPO price is ₹187 to ₹197 per share. The IPO will list on BSE, NSE.
| IPO Date | Aug 10, 2023 to Aug 14, 2023 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price | ₹187 to ₹197 per share |
| Lot Size | 76 Shares |
| Total Issue Size | 44,670,051 shares (aggregating up to ₹880.00 Cr) |
| Fresh Issue | 30,456,853 shares (aggregating up to ₹600.00 Cr) |
| Offer for Sale | 14,213,198 shares of ₹1 (aggregating up to ₹280.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 406,953,160 |
| Share holding post issue | 437,410,013 |
TVS Supply Chain Solutions IPO Reservation #
TVS Supply Chain Solutions IPO a total of 44,670,051 shares are offered. QIB: 13,401,016 (30.00%), RII: 4,467,005 (10.00%), NII: 6,700,507 (15.00%).
| Anchor Investor Shares Offered | 20,101,522 (45.00%) |
| QIB Shares Offered | 13,401,016 (30.00%) |
| NII (HNI) Shares Offered | 6,700,507 (15.00%) |
| Retail Shares Offered | 4,467,005 (10.00%) |
| Total Shares Offered | 44,670,051 (100%) |
TVS Supply Chain Solutions IPO Anchor Investors Details #
TVS Supply Chain Solutions IPO raises Rs 396.00 crore from anchor investors. TVS Supply Chain Solutions IPO Anchor bid date is Aug 9, 2023. TVS Supply Chain Solutions IPO Anchor Investors list
| Bid Date | Aug 9, 2023 |
| Shares Offered | 20,101,522 |
| Anchor Portion Size (In Cr.) | 396.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Oct 3, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Jan 1, 2024 |
TVS Supply Chain Solutions IPO Timetable (Tentative) #
TVS Supply Chain Solutions IPO opens on Aug 10, 2023, and closes on Aug 14, 2023.
| IPO Open Date | Thursday, 10 August 2023 |
| IPO Close Date | Monday, 14 August 2023 |
| Basis of Allotment | Friday, 18 August 2023 |
| Initiation of Refunds | Monday, 21 August 2023 |
| Credit of Shares to Demat | Tuesday, 22 August 2023 |
| Listing Date | Wednesday, 23 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 14, 2023 |
TVS Supply Chain Solutions IPO Lot Size #
The minimum lot size of this TVS Supply Chain Solutions IPO is 76 shares required is ₹14,972.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 76 | ₹14,972 |
| Retail (Max) | 13 | 988 | ₹194,636 |
| S-HNI (Min) | 14 | 1,064 | ₹209,608 |
| S-HNI (Max) | 66 | 5,016 | ₹988,152 |
| B-HNI (Min) | 67 | 5,092 | ₹1,003,124 |
| Lot Size Calculator | |||
TVS Supply Chain Solutions IPO Promoter Holding #
TVS Mobility Private Limited, T.S. Rajam Rubbers Private Limited and Dhinrama Mobility Solution Private Limited are the company promoters.
| Pre Issue Share Holding | 46.65% |
| Post Issue Share Holding | 41.6% |
Company Financials #
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 5,462.92 | 4,990.06 | 5,789.73 | 6,210.92 |
| Revenue | 6,792.76 | 6,999.69 | 9,299.94 | 10,311.01 |
| Profit After Tax | -248.00 | -76.34 | -45.80 | 41.76 |
| Net Worth | 510.80 | 490.69 | 714.00 | 723.55 |
| Reserves and Surplus | 493.35 | 473.94 | 713.76 | 774.19 |
| Total Borrowing | 2,160.12 | 1,547.92 | 1,763.78 | 1,989.62 |
Key Performance Indicator #
TVS Supply Chain Solutions IPO Market Cap is Rs 8746 Cr and P/E (x) is 189.42.
| KPI | Values |
|---|---|
| P/E (x) | 189.42 |
| Market Cap (₹ Cr.) | 8746 |
| ROE | 5.50% |
| ROCE | 7.64% |
| EPS (Rs) | 1.04 |
| RoNW | 5.50% |
Objects of the Issue #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and subsidiaries, TVS LI UK and TVS SCS Singapore; and
- General corporate purposes.
TVS Supply Chain Solutions IPO Subscription Status (Bidding Detail) #
The TVS Supply Chain Solutions IPO is subscribed 1.34 times on Aug 14, 2023 10:43:00 AM. The public issue subscribed 5.00 times in the retail category, 0.15 times in the QIB category, and 1.26 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 0.15 | 1,34,01,016 | 20,46,148 |
| NII | 1.26 | 67,00,507 | 84,32,656 |
| bNII (bids above ₹10L) | 1.30 | 44,67,004 | 58,20,764 |
| sNII (bids below ₹10L) | 1.17 | 22,33,503 | 26,11,892 |
| Retail | 5.00 | 44,67,005 | 2,23,21,124 |
| Total | 1.34 | 2,45,68,529 | 3,27,99,928 |
Total Application : 192,054 (3.27 times)
TVS Supply Chain Solutions IPO Prospectus #
- › TVS Supply Chain Solutions IPO DRHP
- › TVS Supply Chain Solutions IPO RHP
- › Anchor Investors in TVS Supply Chain Solutions IPO
Company Contact Information #
10 Jawahar Road,
Chokkikulam,
Madurai – 625 002
Phone: + 91 44 66857777
Email: cs.compliance@tvsscs.com
Website: https://www.tvsscs.com/
TVS Supply Chain Solutions IPO Registrar #
Phone: +91-22-4918 6270
Email: tvs.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
