KEY HIGHLIGTS FOR IPO
- OVERVIEW
- DETAILS AND TIMELINE
- KEY FACTOR(P/E ratio)
- COMPANY FINANCIALS
- OBJECTIVE FOR ISSUE
- PERSONAL OPINION
- BIDDING DETAILS
- GMP
TVS Supply Chain Solutions specializes in delivering comprehensive ipo supply chain management services to a diverse clientele, including international organizations, government departments, and enterprises of varying sizes.
The company’s service portfolio is divided into two key segments:
- Integrated Supply Chain Solutions (ISCS):
- Offers end-to-end solutions for supply chain management and optimization.
- Services aim to improve efficiency, visibility, and cost-effectiveness across the entire supply chain process.
- Network Solutions (NS):
- Focuses on strategies to enhance connectivity in supply chain networks.
- Provides solutions to optimize logistics, boost collaboration, and enhance overall supply chain performance.
TVS SCS aims to cater to its clients’ complex supply chain needs by offering specialized services through these two distinct segments.Read More
TVS Supply Chain Solutions IPO Details
- TVS Supply Chain Solutions IPO operates as a Book Built Issue.
- Investors can bid for shares within the price range of ₹187 to ₹197 per share.
- The total IPO size is Rs 880.00 crore.
| IPO DATE | Aug 10 2023, to Aug 14, 2023 |
| LISTING DATE | Aug 23, 2023 |
| Price | ₹187 to ₹197 per share |
| Lot Size | 76 Shares |
| Total Issue Size | 744,670,051 shares (aggregating up to ₹880.00 Cr)6 Shares |
| Fresh Issue | 30,456,853 shares (aggregating up to ₹600.00 Cr) |
| Offer for Sale | 14,213,198 shares of ₹1 (aggregating up to ₹280.00 Cr) |
TVS Supply Chain Solutions IPO Timetable (Tentative)
TVS Supply Chain Solutions IPO opens on Aug 10, 2023, and closes on Aug 14, 2023.
| IPO Open Date | Thursday, 10 August 2023 |
| IPO Close Date | Monday, 14 August 2023 |
| Basis of Allotment | Friday, 18 August 2023 |
| Initiation of Refunds | Monday, 21 August 2023 |
| Credit of Shares to Demat | Tuesday, 22 August 2023 |
| Listing Date | Wednesday, 23 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 14, 2023 |
TVS Supply Chain Solutions IPO Reservation
The TVS Supply Chain Solutions IPO comprises a total of 44,670,051 shares available for subscription. The distribution among various investor categories is as follows:
- Qualified Institutional Buyers (QIB): 13,401,016 shares (30.00%)
- Retail Individual Investors (RII): 4,467,005 shares (10.00%)
- Non-Institutional Investors (NII): 6,700,507 shares (15.00%)
| Anchor Investor Shares Offered | 20,101,522 (45.00%) |
| QIB Shares Offered | 13,401,016 (30.00%) |
| NII (HNI) Shares Offered | 6,700,507 (15.00%) |
| Retail Shares Offered | 4,467,005 (10.00%) |
| Total Shares Offered | 44,670,051 (100%) |
Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 8746 |
| ROE | 5.50% |
| ROCE | 7.64% |
| EPS (Rs) | 1.04 |
| RoNW | 5.50% |
COMPANY FINANCIALS
TVS SUPPLY CHAIN SOLUTION IPO FINANCIAL INFORMATION (RESTATED CONSOLIDATED)
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 5,462.92 | 4,990.06 | 5,789.73 | 6,210.92 |
| Revenue | 6,792.76 | 6,999.69 | 9,299.94 | 10,311.01 |
| Profit After Tax | -248.00 | -76.34 | -45.80 | 41.76 |
| Net Worth | 510.80 | 490.69 | 714.00 | 723.55 |
| Reserves and Surplus | 493.35 | 473.94 | 713.76 | 774.19 |
| Total Borrowing | 2,160.12 | 1,547.92 | 1,763.78 | 1,989.62 |
Objects of the Issue
With a forward-looking perspective, the company plans to allocate the net proceeds strategically to achieve significant growth milestones:
- Prepayment and Repayment: A substantial portion of the net proceeds will be used to prudently prepay or repay outstanding borrowings of the company and its subsidiaries, including TVS LI UK and TVS SCS Singapore. This step reduces debt and enhances overall financial stability.
- General Corporate Purposes: The company’s vision encompasses diverse corporate needs. Funds will be allocated to promote innovation, capitalize on emerging opportunities, and reinforce internal operations. This flexible approach underscores the company’s commitment to comprehensive development.
In pursuit of these goals, the company’s utilization of net proceeds outlines a well-structured strategy for sustainable growth.
TVS Supply Chain Solutions IPO Review (I have Applied)
- TSCSL’s investment in a TVS group company after 32 years sparks town-wide discussions.
- The company maintains a dominant position in the supply chain solutions sector with consistent leadership and strong financial track records.
- Despite an aggressive IPO pricing, the TVS group’s significant legacy adds credibility to the investment proposition.
- Informed investors recognizing intrinsic value might opt for potentially rewarding medium to long-term allocation of funds.
- This choice resonates with the TVS group’s enduring reputation and historical excellence.
TVS Supply Chain Solutions IPO Subscription Status (Bidding Detail)
As of August 10, 2023, at 17:00 , the TVS Supply Chain Solutions IPO has witnessed the following subscription rates:
- Overall Subscription: 0.57 times
- Retail Category Subscription: 1.82 times
- QIB (Qualified Institutional Buyers) Category Subscription: 0.08 times
- NII (Non-Institutional Investors) Category Subscription: 0.72 times
For more detailed and up-to-date subscription information, please refer to the live status for Subscription Details.
GMP(grey market premium)
- Latest Grey Market Premium (GMP) for TVS Supply Chain Solutions IPO: ₹10 (+/-)
- Last updated on: August 10th, 2023, at 06:58 PM
- IPO Price Band: ₹197.00
- Estimated Listing Price: ₹207.00 (Cap Price + GMP)
- Expected Gain/Loss per Share (in terms of percentage): 5.08%
- Retail Subject to Sauda: ₹600
- Small HNI Subject to Sauda: ₹8400
Please note the following regarding the TVS Supply Chain Solutions IPO’s market evaluation:
- These details offer a current view of the IPO’s market performance and potential outcomes.
- Keep in mind that IPOs can be impacted by multiple factors and market circumstances.
- Actual listing and subsequent price fluctuations might differ due to changing conditions.
disclaimer:
The content provided here should not be interpreted as an invitation or solicitation to buy or sell securities, nor should it be regarded as guidance for such actions. All material presented is intended solely for educational and informational purposes and should not be utilized for making investment choices in any manner. It is imperative to recognize that any data shared here carries no intent to influence investment decisions. Any individual considering investment moves should first seek guidance from a qualified financial advisor, taking into account the particulars of their circumstances.
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