TVS Supply Chain Solutions Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 09-08-2023 | 13-08-2023 | 1 | 0 | 76 Shares | Main Line | 44,670,051 shares (aggregating up to ₹880.00 Cr) | 2023-08-17 18:30:00 | 2023-08-20 18:30:00 | 2023-08-21 18:30:00 | 22-08-2023 |
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); and
- 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
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2020 | 5463 | 6793 | -248 | 510.8 | 493.35 | 2160.12 |
| 30-03-2021 | 4990 | 7000 | -76 | 490.69 | 473.94 | 1547.92 |
| 30-03-2022 | 5790 | 9300 | -46 | 714 | 713.76 | 1763.78 |
| 30-03-2023 | 6211 | 10311 | 42 | 723.55 | 774.19 | 1989.62 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Qualified Institutions | 1.37 |
| Non-Institutional Buyers | 2.44 |
| bNII (bids above ₹10L) | 2.39 |
| sNII (bids below ₹10L) | 2.55 |
| Retail Investors | 7.89 |
| Employees | [.] |
| Others | [.] |
| Total | 2.85 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 76 | 14972 |
| Retail (Max) | 13 | 988 | 194636 |
| S-HNI (Min) | 14 | 1064 | 209608 |
| S-HNI (Max) | 66 | 5016 | 988152 |
| B-HNI (Min) | 67 | 5092 | 1003124 |
IPO Listing Details
| Listing Date | 22-08-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
TVS Mobility Private Limited, T.S. Rajam Rubbers Private Limited and Dhinrama Mobility Solution Private Limited
Contact Information of the Company
TVS Supply Chain Solutions Limited
10 Jawahar Road,
Chokkikulam,
Madurai – 625 002
Phone: + 91 44 66857777
Email: cs.compliance@tvsscs.com
Website: https://www.tvsscs.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tvs.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
IPO Lead Manager
Jm Financial Limited Axis Capital Limited J.P. Morgan India Private Limited Bnp Paribas Equirus Capital Private Limited Nuvama Wealth Management Limited