IPO Issue Details
Issue Price / Price Band₹197 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size76 Shares per Lot
Total Issue Size4,46,70,050 shares (aggregating up to ₹880.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 10 Aug 2023
Subscription CloseMon, 14 Aug 2023
Anchor AllotmentWed, 09 Aug 2023
Basis of AllotmentFri, 18 Aug 2023
Initiation of RefundsMon, 21 Aug 2023
Credit of Shares to DematTue, 22 Aug 2023
Listing DateWed, 23 Aug 2023
UPI Mandate Deadline2023-08-14
Application & Investment Details
Retail — Min (1 Lots)₹14,972 — 76 shares
Retail — Max (13 Lots)₹194,636 (13 Lots)
HNI — Min (14 Lots)₹2,09,608 — 1,064 shares
EPS (Pre-IPO)₹1.04
P/E Ratio (Pre-IPO)189.42x
Post-IPO Promoter Holding43,74,10,013 shares
Fresh Issue Shares3,04,56,852 shares (aggregating up to ₹600.00 Cr)
Offer for Sale Shares1,42,13,198 shares of ₹1 (aggregating up to ₹280.00 Cr)
About TVS Supply Chain Solutions Ltd.
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); andNetwork 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.
Objects of the Issue
TVS Supply Chain Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and the Subsidiary, TVS LI UK
525.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
Not Available
Post-IPO Promoter Holding
43,74,10,013 shares
Lock-in Period (30%)September 17, 2023
Lock-in Period (50%)November 16, 2023