TVS Supply Chain Solutions IPO Date, Price Band, GMP & More

tvs supply chain solutions ipo

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TVS Supply Chain Solutions IPO

TVS Supply Chain Solutions provides supply chain management services to international organizations, government departments and large and medium-sized businesses.

And now it’s ready to raise funding from the public through IPO so that TVS Supply Chain could enhance its operations.

Let’s discuss the initial public offering in detail.

Objectives of TVS Supply Chain IPO

The company tends to utilise the net proceeds from the issue towards the funding of the following objects:

  • Repayment or pre-payment of all or a certain portion of certain outstanding borrowings availed by the company subsidiaries TVS LI UK and TVS SC Singapore
  • General corporate purposes

TVS Supply Chain Solutions IPO Details

IPO DateAug 10, 2023 to Aug 14, 2023
Listing DateWednesday, 23 August 2023
Face Value₹1 per share
Price₹187 to ₹197 per share
Lot Size76 Shares
Total Issue Size44,670,051 shares
(aggregating up to ₹880.00 Cr)
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)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE

TVS Supply Chain IPO Tentative Timetable

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

TVS Supply Chain Solutions IPO Reservation

QIB Shares OfferedNot less than 75.00% of the Net offer
NII (HNI) Shares OfferedNot more than 15.00% of the Offer
Retail Shares OfferedNot more than 10.00% of the Offer

TVS Supply Chain IPO Financials

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

TVS Supply Chain Solutions IPO Promoters

TVS Mobility Private Limited, T.S. Rajam Rubbers Private Limited, and Dhinrama Mobility Solution Private Limited are the promoters TVS SCS.

TVS Supply Chain Solutions’ Industry Overview

Due to favourable working conditions and cost-effectiveness many global manufacturing companies are shifting their operations to India.

The consumption across end-user industries in the domestic market will lead to an increase in demand for logistics services in India.  The TVS brand is  a front-runner in the rapidly growing logistics in India.

TVS Supply Chain Solutions IPO: Company Background

TVS supply chain solutions provide supply chain management services for international organisations, government departments, and large and medium-sized businesses.


The TVS group is a pioneer in the supply chain solution market in India. The brand has managed large and complex supply chains across multiple industries in India and the global market.

The brand provides end-to-end solutions enabled by domain expertise, a knowledge base and a global network. In addition, the brand has a successful track record of successful integration of the acquisition.

TVS Supply Chain Solutions’ Competitors

TVS SCS’s competitors and similar companies include Katoen Natie, Gy Log, Central Warehousing and Termaco Participacoes.

TVS SCS is a provider of supply chain and global forwarding solutions.


Wrap Up on TVS Supply Chain Solutions IPO

To conclude, TVS Supply Chain Solutions has a record of successful inorganic growth through strategic acquisitions.

In the last few years, the brand has undertaken close to 20 years of growth across Europe, the United States, and the United Kingdom.

Don't forget: 12 Upcoming IPOs in August 2023 (Full List)

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