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TVS Supply Chain Solutions IPO: All you need to Know

TVS IPO: On August 10, TVS Supply Chain Solutions will begin its first public offering. As opposed to the earlier decision of 750 crore, the transportation, logistics, and storage company wants to raise up to 600 crore through new issues. Due to the company’s pre-IPO placement, the size of the fresh offering was reduced.

It also plans to offload 1.42 crore equity shares offered by selling shareholders via a Rs 280 crore offer-for-sale. On the upper band price, the total issue size will stand at Rs 880 crore. The price band is fixed in the range of Rs 187–197 per share.

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The Chennai-based company’s bidding procedure will start on August 10 and terminate on August 14, while the anchor book will start on August 9. Tata Capital Financial Services Ltd., Sargunaraj Ravichandran, Andrew Jones, and Ramalingam Shankar are all planning to sell up to 9.84 lakh shares, 1.07 crore shares, 5.80 lakh shares, and 3.15 lakh shares respectively in the OFS segment.

Out of the total IPO size, 75% is reserved for qualified institutional buyers, 15% for non-institutional investors, and the remaining 10% is to be allotted to retail individual investors.

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IPO issue details of TVS Supply Chain Solutions

  • Issue opens: Aug 10
  • Issue closes: Aug 14
  • Fresh issue size: Rs 600 crore
  • OFS Size: Rs 280 crore
  • Total issue size: Rs 880 crore
  • Face value: Re 1 apiece
  • Fixed price band: Rs 187–197 per share
  • Lot size: 76 shares
  • Issue type: Book-built issue IPO
  • Listing: NSE, BSE

Shareholding Pattern of TVS Supply Chain Solutions

TVS Supply Chain Solutions IPO
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About the TVS Supply Chain Solutions Business

TVS Supply Chain Solutions is a multinational corporation that specialises in supply-chain management for international organisations, government departments, and large and medium-sized businesses. The firm is a part of the TVS Mobility Group and provides services in two categories: 

Integrated supply-chain solutions & Network solutions

The ISCS category includes supply-chain consulting, integrated transportation, logistics operation centers, in-plant logistics operations, finished goods, and finished goods fulfillment.

The NS segment offers time-critical final mile solutions, including logistics and support services like spares logistics, refurbishment and engineering support, courier and consignment management, as well as global forwarding solutions that cover end-to-end freight forwarding and distribution across ocean, air, and land.

Globally, the company provided supply chain solutions to 8,788 customers in fiscal 2023, while it catered to 902 customers in India. Customers include those in the automotive, industrial, consumer, technology and technology infrastructure, rail and utilities, and healthcare industries. The company has over 27 million square feet of warehouse space, nine distribution centers, and a presence in 26

TVS Supply Chain Solutions Financials

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