8 things to know before TVS Supply Chain Limited IPO


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:

  1. 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.
  2. 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 DATEAug 10 2023, to Aug 14, 2023
LISTING DATEAug 23, 2023
Price₹187 to ₹197 per share
Lot Size76 Shares
Total Issue Size744,670,051 shares
(aggregating up to ₹880.00 Cr)6 Shares
Fresh Issue30,456,853 shares
(aggregating up to ₹600.00 Cr)
Offer for Sale14,213,198 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 DateThursday, 10 August 2023
IPO Close DateMonday, 14 August 2023
Basis of AllotmentFriday, 18 August 2023
Initiation of RefundsMonday, 21 August 2023
Credit of Shares to DematTuesday, 22 August 2023
Listing DateWednesday, 23 August 2023
Cut-off time for UPI mandate confirmation5 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 Offered20,101,522 (45.00%)
QIB Shares Offered13,401,016 (30.00%)
NII (HNI) Shares Offered6,700,507 (15.00%)
Retail Shares Offered4,467,005 (10.00%)
Total Shares Offered44,670,051 (100%)

Key Performance Indicator

Market Cap (₹ Cr.)
EPS (Rs)1.04



Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Profit After Tax-248.00-76.34-45.8041.76
Net Worth510.80490.69714.00723.55
Reserves and Surplus493.35473.94713.76774.19
Total Borrowing2,160.121,547.921,763.781,989.62
Amount in ₹ Crore

Objects of the Issue

With a forward-looking perspective, the company plans to allocate the net proceeds strategically to achieve significant growth milestones:

  1. 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.
  2. 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)

  1. Latest Grey Market Premium (GMP) for TVS Supply Chain Solutions IPO: ₹10 (+/-)
  2. Last updated on: August 10th, 2023, at 06:58 PM
  3. IPO Price Band: ₹197.00
  4. Estimated Listing Price: ₹207.00 (Cap Price + GMP)
  5. Expected Gain/Loss per Share (in terms of percentage): 5.08%
  6. Retail Subject to Sauda: ₹600
  7. 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.


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.

It is vital to underscore that any decisions based on the information shared here are undertaken at one’s own risk. As with all investments in the stock market, it’s important to acknowledge the inherent and unpredictable risks associated with such endeavors.

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