Issuer

TVS Supply Chain Solutions IPO

IPO Date: 10th to 14th Aug 2023

IPO Price Band
Price Band
₹187 to ₹197
IPO Issue Size
Issue Size
₹880 Cr.
IPO Market Lot
Market Lot
76 Shares
IPO Face Value
Face Value
₹1 Equity Share

About TVS Supply Chain Solutions IPO

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.

Objects of the Issue

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and subsidiaries, TVS LI UK and TVS SCS Singapore and General corporate purposes.

TVS Supply Chain Solutions IPO Date, Market Lot & Price Band

IPO Opening Date Aug 10, 2023
IPO Closing Date Aug 14, 2023
Issue Type Book Built Issue IPO
Face Value ₹1 per share
IPO Price ₹187 to ₹197 per share
Market Lot 76 Shares
Min Order Quantity 76 Shares
Listing At BSE, NSE
Issue Size [.] shares (aggregating up to ₹880.00 Cr)
Fresh Issue [.] shares (aggregating up to ₹600.00 Cr)
Offer for Sale 14,213,198 shares of ₹1 (aggregating up to ₹[.] Cr)
Share holding pre issue 406,953,160
QIB Shares Offered Not less than 75.00% of the Net offer
NII (HNI) Shares Offered Not more than 15.00% of the Offer
Retail Shares Offered Not more than 10.00% of the Offer

TVS Supply Chain Solutions IPO Allotment & Listing Date

Basis of Allotment Date 18 August 2023
Initiation of Refunds 21 August 2023
Credit of Shares to Demat Account 22 August 2023
IPO Listing Date 23 August 2023

TVS Supply Chain Solutions IPO Lot Size

The minimum lot size of this TVS Supply Chain Solutions IPO is 76 shares required is ₹14,972.

Application Lots Shares Amount
Retail (Min) 1 76 ₹14,972
Retail (Max) 13 988 ₹194,636
S-HNI (Min) 14 1,064 ₹209,608
S-HNI (Max) 66 5,016 ₹988,152
B-HNI (Min) 67 5,092 ₹1,003,124

TVS Supply Chain Solutions IPO FAQs

TVS Supply Chain Solutions IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹880.00 Crores. The issue is priced at ₹187 to ₹197 per share. The minimum order quantity is 76 Shares.

The IPO opens on Aug 10, 2023, and closes on Aug 14, 2023.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The TVS Supply Chain Solutions IPO opens on Aug 10, 2023 and closes on Aug 14, 2023.

TVS Supply Chain Solutions IPO lot size is 76 Shares, and the minimum amount required is ₹14,972.

You can apply in TVS Supply Chain Solutions IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services.

The finalization of Basis of Allotment for TVS Supply Chain Solutions IPO will be done on Friday, 18 August 2023, and the allotted shares will be credited to your demat account by Tuesday, 22 August 2023.

Check the IPO allotment status.

The TVS Supply Chain Solutions IPO listing date is 23 August 2023.

How to Apply in TVS Supply Chain Solutions IPO with SMC?

  • To Bid online, you need
    Demat Account and Pan card.

  • Login to SMC account and
    select the TVS Supply Chain Solutions IPO

  • Enter UPI Id & Mobile number

  • Place your number of bids
    with the exchange

  • A UPI mandate is sent to your
    UPI App to block your funds.

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