IPO

TVS Supply Chain Solutions Limited IPO

Mainboard

Logistics Solution Provider

Listed On: Aug 23, 2023 at ₹ 207.05(NSE)

₹ 14972 /76 Shares

Check Allotment

Price Summary

Last Closing

196.70 (-0.15%)

52 Week High

231.15

52 Week Low

145.00

Last Update

19-Sep-2024 3:30 PM

TVS Supply Chain Solutions Limited IPO Details

10 Aug, 2023

Open Date

14 Aug, 2023

Close Date

21 Aug, 2023

Allotment Date

23 Aug, 2023

Listing Date

Issue Price

₹187-197 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

207.05(NSE)

Listing Date

2023-08-23

Market Lot

Retail : 76 Shares (₹14,972/-)
S-HNI : 1,064 Shares (₹2,09,608/-)
B-HNI : 5,092 Shares (₹10,03,124/-)

Lead Manager

Jm Financial Limited
Axis Capital Limited
J.P. Morgan India Private Limited
Bnp Paribas
Equirus Capital Private Limited
Nuvama Wealth Management Limited

Issue Size

Total ₹880 Cr :
#Fresh Issue : 3,04,56,853 shares(aggregating up to ₹600.00 Cr) +
#OFS : 1,42,13,198 shares of ₹1(aggregating up to ₹280 Cr)

Retail Portion

10% (Number of Retail Applications: 58,776 Approx),
(Number of S-HNI Applications : 2,099 Approx),
(Number of B-HNI Applications : 4,198 Approx)

Subscription

2.78 times

TVS Supply Chain Solutions Limited IPO Subscription Details

As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved13,401,0166,700,507
4,467,004    2,233,503
4,467,00524,568,529
Day 1 - 10-08-23 05:00 PM0.08 x0.69
0.88 x   0.30 x
1.71 x0.55 x
Day 2 - 11-08-23 05:00 PM0.15 x1.02
1.15 x   0.75 x
3.62 x1.03 x
Day 3 - 14-08-23 05:00 PM1.35 x2.35
2.30 x   2.46 x
7.60 x2.78 x
Total No. of Applications: 3,64,832 (Approx)
Retail Subscription on the basis of Applications: 6.21 times

TVS Supply Chain Solutions Limited Valuations

Earnings Per Share (EPS)

₹1.04/-

P/E Ratio

206.34

RoNW

5.50%

Net Asset Value (NAV) - As on 31.03.23

₹18.9

TVS Supply Chain Solutions Limited Company Financials All values are in ₹ Cr.

31-Mar-2331-Mar-2231-Mar-2131-Mar-20
Assets6,210.925,789.734,990.065,462.92
Revenue10,311.019,299.946,999.696,792.76
Profit After Tax41.76-45.80-76.34-248.00

About The Company

TVS Supply Chain Solutions provides supply chain management services for international organizations, government departments, and large and medium-sized businesses.

TVS SCS offers its services in two segments:
Integrated supply chain solutions (ISCS)
Network Solutions (NS)

The ISCS segment includes sourcing and procurement, integrated transportation, logistics operation centers, in-plant logistics operations, finished goods, aftermarket fulfillment, and supply chain consulting. And, the NS segment includes global forwarding solutions (GFS), which involves managing end-to-end freight forwarding and distribution across ocean, air, and land, warehousing and at port storage and value-added services, and time-critical final mile solutions (TCFMS) which involves closed-loop logistics and support including spares logistics, break-fix, refurbishment and engineering support, and courier and consignment management.

TVS SCS' provided supply chain solutions to over 10,531 and 8,115 customers during Fiscal 2022 and the nine-month period ended December 31, 2022, globally. And to over 1,044 and 733 customers, respectively, in the same periods, in India. In December 2022, the company's global customers included 72 'Fortune Global 500 2022' companies, while its Indian customers included 25 'Fortune Global 500 2022' companies.

The company's client list includes companies in the Automotive, Defence, Engineering, FMCG, Rail, FMCG, Utilities, E-commerce, and Healthcare industry, namely Sony India Private Limited, Hyundai Motor India Limited, Johnson Controls-Hitachi Air Conditioning India Limited, Ashok Leyland Limited, TVS Motor Company Limited, Diebold Nixdorf, TVS Srichakra Limited, Lexmark International Technology Sarl, VARTA Microbattery Pte Ltd, Daimler India Commercial Vehicles Private Limited, Hero MotoCorp Limited, Modicare Limited, Panasonic Life Solutions India Private Limited, Dennis Eagle Limited, Electricity North West Limited, Yamaha Motor India Private Limited, and Torrot Electric Europa, S.A., and so on.

TVS Supply Chain Solutions registered a total income of ₹92,999.36 million in Fiscal 2022.

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TVS Supply Chain Solutions Limited - Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
TVS Supply Chain10.43206.35.5%10,311
TCI Express9.8141.524.6%1,255
Mahindra Logistics4.628354.45%5,222
Blue Dart Express12.647.534.9%5,116
Delhivery3.12N/A(-10.2)%6,659

TVS Supply Chain Solutions Limited - Promoter(s)

Pre Issue Share Holding: 46.65%

Post Issue Share Holding: 41.60%


Company Promoter(s)

  1. TVS Mobility Private Limited
  2. T.S. Rajam Rubbers Private Limited
  3. Dhinrama Mobility Solution Private Limited

TVS Supply Chain Solutions Limited IPO - Issue Objectives

  1. 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
  2. General corporate purposes.

TVS Supply Chain Solutions Limited IPO - Anchor Investors

TVS Supply Chain Solutions mobilises Rs 396 crore via anchor book ahead of IPO.

The exchange filing by the company indicated that a total of 18 investors invested in the company via anchor book including marquee investors like Franklin India Mutual Fund, Tata Mutual Fund, Sundaram Mutual Fund, SBI Life Insurance, Authum Investment, Winro Commercial, Societe Generale, BNP Paribas Arbitrage, Copthall Mauritius, and Aurigin Master Fund.

TVS Supply Chain Solutions Limited IPO - FAQs

Ans. TVS Supply Chain Solutions Limited IPO is a Mainboard IPO. The issue is priced at ₹187-197 per equity share. The minimum order quantity is 76 Shares. The IPO opens on Aug 10, 2023, and closes on Aug 14, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The TVS Supply Chain Solutions Limited IPO opens on Aug 10, 2023 and closes on Aug 14, 2023.

Ans. The size of TVS Supply Chain Solutions Limited IPO is Total ₹880 Cr : #Fresh Issue : 3,04,56,853 shares(aggregating up to ₹600.00 Cr) + #OFS : 1,42,13,198 shares of ₹1(aggregating up to ₹280 Cr).

Ans. The IPO price band is set between ₹187-197 per equity share.

Ans. To apply for TVS Supply Chain Solutions Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find TVS Supply Chain Solutions Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of TVS Supply Chain Solutions Limited IPO is Aug 21, 2023.

Ans. The TVS Supply Chain Solutions Limited IPO will be listed on Aug 23, 2023.

Ans. Follow the steps to check the allotment status for TVS Supply Chain Solutions Limited IPO here.