IPO

TVS Supply Chain Solutions Limited IPO

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Logistics Solution Provider

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

₹ 14972 /76 Shares

Check Allotment

10 Aug, 2023

Open Date

14 Aug, 2023

Close Date

21 Aug, 2023

Allotment Date

23 Aug, 2023

Listing Date
Price Summary

Last Closing

107.00 (-45.69%)

52 Week High

183.90

52 Week Low

100.01

Last Update

19-Dec-2025 3:30 PM
TVS Supply Chain Solutions Limited IPO Issue Details
  • Issue Price ₹187-197 per equity share
  • Face Value ₹1 Per Equity Share
  • Issue Price 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)
  • Listing at BSE, NSE
  • List Price 207.05(NSE)
  • Listing Date 2023-08-23
  • Lead Manager Jm Financial Limited
    Axis Capital Limited
    J.P. Morgan India Private Limited
    Bnp Paribas
    Equirus Capital Private Limited
    Nuvama Wealth Management Limited
  • Registrar Link Intime India Private Ltd
TVS Supply Chain Solutions Limited IPO Details
  • 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)
TVS Supply Chain Solutions Limited IPO Documents
DRHP
RHP
ANCHOR
TVS Supply Chain Solutions Limited IPO Details


The IPO of TVS Supply Chain Solutions Limited is priced at ₹187-197 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Aug 10, 2023 and ends on Aug 14, 2023. The allotment for TVS Supply Chain Solutions Limited IPO will be finalized on Aug 21, 2023. TVS Supply Chain Solutions Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 23, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Jm Financial Limited, Axis Capital Limited, J.P. Morgan India Private Limited, Bnp Paribas, Equirus Capital Private Limited, Nuvama Wealth Management Limited.


The TVS Supply Chain Solutions Limited IPO sets its price band at 187-197 for each share. A single application for TVS Supply Chain Solutions Limited IPO must contain at least 76 shares.

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TVS Supply Chain Solutions Limited IPO Subscription Analysis And Details
Retail
7.60x
QIB
1.35x
NII
2.35x
bNII
2.30x
sNII
2.46x
Total
2.78x
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
Total No of Applications
3,64,832
Subscription on the basis of Applications
6.21
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
In Crs.
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 TVS Supply Chain Solutions Limited 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 - Promoter(s)

TVS Mobility Private Limited

T.S. Rajam Rubbers Private Limited

Dhinrama Mobility Solution Private Limited

Pre Issue Share Holding : 46.65%

Post Issue Share Holding : 41.60%

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 - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
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