TVS Supply Chain Solutions Limited IPO
MainboardLogistics Solution Provider
Listed On: Aug 23, 2023 at ₹ 207.05(NSE)
₹ 14972 /76 Shares
Check AllotmentPrice Summary
Last Closing
178.00 (-9.64%)52 Week High
217.5852 Week Low
145.00Last Update
22-Nov-2024 3:30 PMTVS Supply Chain Solutions Limited IPO Details
10 Aug, 2023
Open Date14 Aug, 2023
Close Date21 Aug, 2023
Allotment Date23 Aug, 2023
Listing DateIssue Price
₹187-197 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdList Price
207.05(NSE)Listing Date
2023-08-23Market 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 LimitedAxis 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 timesTVS Supply Chain Solutions Limited IPO Subscription Details
As on | QIB | NII bNII sNII | Retail | Total |
---|---|---|---|---|
Shares Offered / Reserved | 13,401,016 | 6,700,507 4,467,004 2,233,503 | 4,467,005 | 24,568,529 |
Day 1 - 10-08-23 05:00 PM | 0.08 x | 0.69 0.88 x 0.30 x | 1.71 x | 0.55 x |
Day 2 - 11-08-23 05:00 PM | 0.15 x | 1.02 1.15 x 0.75 x | 3.62 x | 1.03 x |
Day 3 - 14-08-23 05:00 PM | 1.35 x | 2.35 2.30 x 2.46 x | 7.60 x | 2.78 x |
TVS Supply Chain Solutions Limited Valuations
Earnings Per Share (EPS)
₹1.04/-P/E Ratio
206.34RoNW
5.50%Net Asset Value (NAV) - As on 31.03.23
₹18.9TVS Supply Chain Solutions Limited Company Financials All values are in ₹ Cr.
31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
---|---|---|---|---|
Assets | 6,210.92 | 5,789.73 | 4,990.06 | 5,462.92 |
Revenue | 10,311.01 | 9,299.94 | 6,999.69 | 6,792.76 |
Profit After Tax | 41.76 | -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.
TVS Supply Chain Solutions Limited - Peers Comparison
P/B Ratio | P/E Ratio | RoNW | Net Worth | |
---|---|---|---|---|
TVS Supply Chain | 10.43 | 206.3 | 5.5% | 10,311 |
TCI Express | 9.81 | 41.5 | 24.6% | 1,255 |
Mahindra Logistics | 4.62 | 835 | 4.45% | 5,222 |
Blue Dart Express | 12.6 | 47.5 | 34.9% | 5,116 |
Delhivery | 3.12 | N/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)
- TVS Mobility Private Limited
- T.S. Rajam Rubbers Private Limited
- Dhinrama Mobility Solution Private Limited
TVS Supply Chain Solutions Limited IPO - Issue Objectives
- 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 Limited IPO - Anchor Investors
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.