TVS Supply Chain Solutions IPO Details ( TVS Supply Chain Solutions Limited IPO Review )
(10 Aug 2023 – 14 Aug 2023)
TVS Supply Chain Solutions offers supply chain management services to international organizations, government departments, and large and medium-sized businesses.
The company provides its services through two main segments:
- Integrated supply chain solutions (ISCS)
- Network Solutions (NS)
The ISCS segment encompasses various aspects such as sourcing, procurement, integrated transportation, logistics operation centers, in-plant logistics operations, finished goods management, aftermarket fulfillment, and supply chain consulting. The NS segment consists of global forwarding solutions (GFS), which involve comprehensive management of freight forwarding and distribution across sea, air, and land, along with warehousing, port storage, value-added services, and time-critical final mile solutions (TCFMS). TCFMS entails closed-loop logistics support including spares logistics, break-fix services, refurbishment, engineering support, and courier and consignment management.
In the fiscal year 2022, TVS SCS served more than 10,531 customers globally and 1,044 customers in India. The company catered to a substantial number of Fortune Global 500 companies, with 72 as its global clients and 25 as its Indian clients by December 2022.
TVS SCS’s client portfolio spans diverse industries including Automotive, Defence, Engineering, FMCG, Rail, Utilities, E-commerce, and Healthcare. Notable clients include Sony India Private Limited, Hyundai Motor India Limited, Johnson Controls-Hitachi Air Conditioning India Limited, Ashok Leyland Limited, TVS Motor Company Limited, Diebold Nixdorf, and more.
In Fiscal 2022, TVS Supply Chain Solutions achieved a total income of ₹92,999.36 million.
TVS Supply Chain Solutions Limited IPO Competitive Strength
- 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
TVS Supply Chain IPO Financials Performance ( Results )
TVS Supply Chain Solutions Limited Financial Information (Restated Consolidated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 5,462.92 | 6,792.76 | -248.00 | -6.00 | 510.80 | 15.93 | 493.35 | 2,160.12 |
| 31-Mar-21 | 4,990.06 | 6,999.69 | -76.34 | -2.26 | 490.69 | 14.90 | 473.94 | 1,547.92 |
| 31-Mar-22 | 5,789.73 | 9,299.94 | -45.80 | -1.44 | 714.00 | 20.96 | 713.76 | 1,763.78 |
| 31-Mar-23 | 6,210.92 | 10,311.01 | 41.76 | 1.02 | 723.55 | 18.89 | 774.19 | 1,989.62 |
Objective of IPO Issue
- 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
- General corporate purposes.
TVS Supply Chain Solutions IPO Basic Details
| IPO Date | Aug 10, 2023 to Aug 14, 2023 |
| Listing Date | Wednesday, August 23, 2023 |
| Face Value | ₹1 per share |
| Price | ₹187 to ₹197 per share |
| Lot Size | 76 Shares |
| Issue Size | [.] shares of ₹1 (aggregating up to ₹880.00 Cr) |
| Fresh Issue | [.] shares of ₹1 (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 | NSE, BSE |
| Share holding pre issue | 406,953,160 |
| Share holding post issue | |
| Company Promoters | TVS Mobility Private Limited, T.S. Rajam Rubbers Private Limited and Dhinrama Mobility Solution Private Limited |
TVS Supply Chain Solutions IPO Reservation
| QIB Shares Offered | 75% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 10% of the Net Issue |
TVS Supply Chain IPO Timetable
TVS Supply Chain IPO will open on August 10, 2023 and close on August 14, 2023. You can join TVS Supply Chain IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 10 August 2023 (Thursday) |
| Closing Date | 14 August 2023 (Monday) |
| Basis of Allotment | 18 August 2023 (Friday) |
| Initiation of Refunds | 21 August 2023 (Monday) |
| Credit of Shares to Demat | 22 August 2023 (Tuesday) |
| Listing Date | 23 August 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 14 August 2023 |
TVS Supply Chain Solutions IPO Lot Size
For retail investors in TVS Supply Chain Solutions IPO, 76 shares will come in 1 lot or the minimum investment will be ₹14,972. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹194,636.
| 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 (Min) | 66 | 5,016 | ₹988,152 |
| B-HNI (Min) | 67 | 5,092 | ₹1,003,124 |
TVS Supply Chain Solutions IPO Promoter Holding
The company’s promoters include TVS Mobility Private Limited, T.S. Rajam Rubbers Private Limited and Dhinrama Mobility Solution Private Limited.
| Pre Issue Share Holding | 46.65% |
| Post Issue Share Holding | 41.60% |
TVS Supply Chain Solutions Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹1.02 per Equity Share |
| Net Asset Value (NAV) | ₹18.89 per Equity Share |
| P/E Ratio (P/E) (x) | 193.14 |
| Return on Net Worth (RoNW) (%) | 5.50 |
| Return on equity (ROE) (%) | 5.50 |
| Return on Capital Employed (ROCE) (%) | 7.64 |
| Debt/Equity Ratio | Coming Soon |
TVS Supply Chain Solutions Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| TVS Supply Chain Solutions Limited | Consolidated | – | 1 | 1.02 | – | 5.50 | 18.89 |
| Peer Group | |||||||
| TCI Express Limited | Consolidated | 1,468.80 | 2 | 36.20 | 40.57 | 23.35 | 155.66 |
| Mahindra Logistics Limited | Consolidated | 376.85 | 10 | 8.94 | 42.15 | 4.89 | 77.84 |
| Blue Dart Express Limited | Consolidated | 7,161.75 | 10 | 154.43 | 46.38 | 31.41 | 497.12 |
| Delhivery Limited | Consolidated | 413.55 | 1 | -2.14 | N.A | -1.73 | 125.94 |
TVS Supply Chain Solutions IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 21 August 2023 | ₹2 | – | – |
| 20 August 2023 | ₹0.5 | – | – |
| 19 August 2023 | ₹0.5 | – | – |
| 18 August 2023 | ₹0.5 | – | – |
| 17 August 2023 | ₹0.5 | – | – |
| 16 August 2023 | ₹0.5 | – | – |
| 15 August 2023 | ₹0.5 | – | – |
| 14 August 2023 | ₹0.5 | – | – |
| 13 August 2023 | ₹0.5 | – | – |
| 12 August 2023 | ₹5 | – | – |
| 11 August 2023 | ₹5 | – | – |
| 10 August 2023 | ₹5 | – | – |
| 9 August 2023 | ₹5 | – | – |
| 8 August 2023 | ₹5 | – | – |
| 7 August 2023 | ₹0 | – | – |
| 6 August 2023 | ₹0 | – | – |
TVS Supply Chain Solutions IPO Detail Video:
TVS Supply Chain Solutions IPO Subscription Status (Bidding Detail)
The TVS Supply Chain Solutions IPO on August 14, 2023 at 7:30:00 PM was subscribed 2.85 times, with the retail category being subscribed 7.89 times, the NII (Non-Institutional Investor) category being subscribed 2.44 times, QIB (Qualified-Institutional Buyers) category being subscribed 1.37 times.
| Category | Subscription |
| QIB | 1.37x |
| NII | 2.44x |
| Retail | 7.89x |
| Total | 2.85x |
TVS Supply Chain Solutions IPO Prospectus
| TVS Supply Chain Solutions IPO DRHP | Download |
| TVS Supply Chain Solutions IPO RHP | Download |
| TVS Supply Chain Solutions IPO Anchor Investors Details PDF | Download |
TVS Supply Chain Solutions IPO Rating
| Our Rating | 3.0/5.0 |
TVS Supply Chain Solutions Company Contact Information
TVS Supply Chain Solutions Limited
Registered Office: 10 Jawahar Road, Chokkikulam,
Madurai – 625 002, Tamil Nadu, India
Corporate Office: No.58, Eldams road, Teynampet,
Chennai – 600 018, Tamil Nadu, India
Tel: + 91 44 66857777
Website: www.tvsscs.com
Contact Person: P D Krishna Prasad, Company Secretary and Compliance Officer
Tel.: +91 44 6685 7777
E-mail: cs.compliance@tvsscs.com
Corporate Identity Number: U63011TN2004PLC054655
TVS Supply Chain Solutions IPO Registrar
Link Intime India Private Limited
Address: C 101, 1st Floor, 247 Park L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra, India
Tel.: +91 810 811 4949
E-mail: tvs.ipo@linkintime.co.in
Investor Grievance Email: tvs.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
TVS Supply Chain Solutions IPO Lead Manager
JM Financial Limited
Address: 7 th Floor, Cnergy Appasaheb Marathe Marg,
Prabhadevi Mumbai – 400 025, Maharashtra, India
Tel.: +91 22 6630 3030
E-mail: tvsscs.ipo@jmfl.com
Investor Grievance Email: grievance.ibd@jmfl.com
Website: www.jmfl.com
Contact Person: Prachee Dhuri
SEBI Registration No.: INM000010361
Axis Capital Limited
Address: 1st Floor, Axis House, C-2 Wadia International Center,
Pandurang Budhkar Marg Worli, Mumbai – 400 025,
Maharashtra, India
Tel.: +91 22 4325 2183
E-mail: tvs.ipo@axiscap.in
Investor Grievance E-mail: complaints@axiscap.in
Website: www.axiscapital.co.in
Contact Person: Pavan Naik
SEBI Registration No.: INM000012029
J. P. Morgan India Private Limited
Address: J.P. Morgan Tower, Off C.S.T Road, Kalina,
Santacruz East Mumbai – 400 098 Maharashtra, India
Tel.: +91 22 6157 3000
E-mail: tvsscs_ipo@jpmorgan.com
Investor Grievance E-mail: investorsmb.jpmipl@jpmorgan.com
Website: www.jpmipl.com
Contact Person: Nidhi Wangnoo /Saarthak Soni
SEBI Registration No.: INM000002970
BNP Paribas
Address: BNP Paribas House, 1-North Avenue, Maker Maxity,
Bandra-Kurla Complex Bandra (E) Mumbai – 400 051
Maharashtra, India
Tel.: +91 22 3370 4000
E-mail: dl.tvsscs.ipo@asia.bnpparibas.com
Investor Grievance E-mail: indiainvestors.care@asia.bnpparibas.com
Website: www.bnpparibas.co.in
Contact Person: Anurag Verma
SEBI Registration No.: INM000011534
Nuvama Wealth Management Limited
(formerly known as Edelweiss Securities Limited)
Address: 801 – 804, Wing A, Building No 3, Inspire BKC, G Block
Bandra Kurla Complex, Bandra East, Mumbai 400 051,
Maharashtra, India
Telephone: +91 22 4009 4400
Email: tvs.ipo@nuvama.com
Investor grievance email: customerservice.mb@nuvama.com
Website: www.nuvama.com
Contact Person: Lokesh Singhi / Lokesh Shah
SEBI registration no: INM000013004
Equirus Capital Private Limited
Address: 12th Floor, C Wing, Marathon Futurex, N M Joshi Marg,
Lower Parel, Mumbai – 400013 Maharashtra, India
Tel.: +91 22 4332 0734
E-mail: tvs.ipo@equirus.com
Investor Grievance E-mail: investorsgrievance@equirus.com
Website: www.equirus.com
Contact Person: Mrunal Jadhav
SEBI Registration No.: INM000011286
TVS Supply Chain Solutions IPO FAQs
What is the lot size of TVS Supply Chain Solutions IPO?
The total size of TVS Supply Chain Solutions IPO is ₹880 crores out of which ₹600 crores is fresh issue and ₹280 crores is offer for sale (OFS).
When will TVS Supply Chain Solutions IPO start?
TVS Supply Chain Solutions IPO will open from 10 August 2023 and IPO will close on 14 August 2023.
What is the open date of TVS Supply Chain Solutions IPO?
TVS Supply Chain Solutions IPO will open date from 10 August 2023.
What is the last date ( close date ) of TVS Supply Chain Solutions IPO?
TVS Supply Chain Solutions IPO will close from 14 August 2023.
What is the price band of TVS Supply Chain Solutions IPO?
TVS Supply Chain Solutions IPO price band is ₹187 to ₹197. ( Upper Price Band: ₹197, Lower Price Band: ₹187 )
What is the minimum amount required to apply for TVS Supply Chain Solutions IPO?
The minimum investment for retailers to apply for TVS Supply Chain Solutions IPO is ₹14,972 and the maximum investment is ₹194,636.
What is going on gray market premium of TVS Supply Chain Solutions IPO?
View gray market premium of TVS Supply Chain Solutions IPO by Clicking Here
How much is the GMP of TVS Supply Chain Solutions IPO?
Watch TVS Supply Chain Solutions IPO GMP Today: Click Here
What is the allotment date of TVS Supply Chain Solutions IPO?
The allotment date of TVS Supply Chain Solutions IPO is 18 August 2023.
How to check allotment status in TVS Supply Chain Solutions IPO?
To check the allotment status of TVS Supply Chain Solutions IPO, first of all go to the registrar website by clicking here, select your bad TVS Supply Chain Solutions IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of TVS Supply Chain Solutions IPO?
The listing date of TVS Supply Chain Solutions IPO is 23 August 2023.
How much will be the listing gain in TVS Supply Chain Solutions IPO?
View listing gain of TVS Supply Chain Solutions IPO by Clicking Here
How much time TVS Supply Chain Solutions IPO is subscribed?
Total 2.85 times subscribed in TVS Supply Chain Solutions IPO out of which 7.89 times subscription was done in retail quota, 2.44 times subscription in NII quota and 1.37 times subscription in QIB quota.
How to apply for TVS Supply Chain Solutions IPO from Upstox?
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How to apply for TVS Supply Chain Solutions IPO from Zerodha?
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How to apply for TVS Supply Chain Solutions IPO from Angle One?
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