TVS Supply Chain Solutions Limited

About TVS Supply Chain Solutions Limited IPO

Incorporated in 2004, TVS Supply Chain Solutions is one of the largest integrated supply chain solutions providers. Its services are divided into integrated supply chain solutions (ISCS) and network solutions (NS), which collectively offer integrated transportation, logistics operation centers, in-plant logistics operations, warehousing and at-port storage, time-critical final mile solutions and many other services. 

It caters to numerous industries such as automotive, industrial, consumer, tech and tech infra, rail and utilities, and healthcare. Some of its customers, with whom it has long-term relationships, include Sony, Hyundai Motor, Johnson Controls-Hitachi Air Conditioning, Ashok Leyland, TVS Motor, Diebold Nixdorf, Hero MotoCorp and many more. 

In FY23, the company served 72 Fortune Global 500 companies. It is present in 26 countries and derived over 70% of its revenue from outside India for the same year.  

Moreover, it operates in the India Logistics Market, which is expected to grow at a CAGR of approximately 13% between FY22 to FY27 to reach $385 billion. It has also seen a CAGR growth of 13.8% in its revenue from operations in the last three fiscal years. After witnessing losses of ₹76 crore in FY21 and ₹45 crore in FY22, the company gained a profit of ₹41 crore in FY23.

And now, TVS Supply Chain Solutions Limited is coming out with its initial public offer (IPO). The IPO will be an offer for sale as well as a fresh issue. Money raised through the fresh issue will be used for repayment of existing borrowings and for general corporate purposes. Its shares will be listed on the NSE and BSE.

Here are key details about the TVS Supply Chain Solutions IPO:

Financial snapshot

A quick look at TVS Supply Chain Solutions IPO’s strengths, risks and threats

Strengths 

1. The company is a leader in end-to-end supply chain solutions through domain expertise and a global network.
2. Operates in one of the fastest-growing industries in India. The logistics industry is expected to grow at a CAGR of 13% in the next five years.   
3. Company has a track record of successful inorganic growth through strategic acquisitions. In the last 16 years, TVS Supply Chain Solutions has made more than 20 acquisitions across different countries.  
4. Long-term customer relationship in diversified and attractive industries. In FY23, the top 10 customers contributed nearly 28% of total revenue.  

Risks and threats

1. Incurred losses of ₹76.3 crore and ₹45.8 crore in FY21 and FY22 respectively.
2. Exposed to forex rate fluctuations as a significant portion of its revenue and borrowings are sourced in foreign currencies. 
3. Derives significant revenue from foreign operations in the United Kingdom, Europe and other countries. Hence, exposed to to the risk of compliance with local laws.
4. Operates in a highly competitive and fragmented industry.

TVS Supply Chain Solutions Limited IPO details

| TVS Supply Chain Solutions Limited IPO date

According to the offer document filed by the company with the SEBI, the TVS Supply Chain Solutions IPO’s opening date – in other words, the TVS Supply Chain Solutions IPO launch date – will be 10th August 2023. The TVS Supply Chain Solutions IPO closing date is 14th August 2023. After this, investors will be updated about the allotment status on 21st August 2023.

Investors, who have been allotted shares, can expect them to be credited to their demat account on 23rd August 2023. The TVS Supply Chain Solutions IPO listing date is 24th August 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE. 

| TVS Supply Chain Solutions Limited IPO price band

The IPO is an offer for sale as well as a fresh issue. The TVS Supply Chain Solutions IPO price band has been set between ₹ 187 and ₹ 197 per share. Interested investors can choose a price within this band to apply for the IPO. 

The TVS Supply Chain Solutions IPO listing price will be determined on 24th August 2023. The listing price is the price at which a company’s shares debut on the stock exchanges.

| TVS Supply Chain Solutions Limited IPO lot size 

The TVS Supply Chain Solutions IPO details have been declared. The TVS Supply Chain Solutions IPO lot size is set at 76 shares and an investor can apply for a minimum of 1 lot. Meanwhile, the TVS Supply Chain Solutions IPO issue size is approx ₹ 880 crore.. 

How to apply for the TVS Supply Chain Solutions Limited IPO?

If you are interested in this investment opportunity but unsure how to apply for the TVS Supply Chain Solutions Limited IPO, here we are listing out the steps for you. 

When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the TVS Supply Chain Solutions Limited IPO on Upstox: 

1. Login to your Upstox account, using your six-digit PIN
2. After successfully logging in, click on ‘Discover’
3. On the Discover tab, you will find the ‘Invest in IPO’ section
4. Under the Invest in IPO section, look for the ‘TVS Supply Chain Solutions Limited IPO’ tab and click on it
5. Now fill in all the required information, like ‘bid price’ and ‘lot size’
6. Confirm and click on ‘Apply’
7. Accept the mandate on your UPI app

How to check the TVS Supply Chain Solutions Limited IPO allotment status?

When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes. 

Here’s a step-by-step guide on how to check the TVS Supply Chain Solutions Limited IPO allotment status:

1. Login to your Upstox account, using your six-digit PIN
2. After successfully logging in, click on ‘Discover’
3. On the Discover page, you will find the ‘Invest in IPO’ section
4. Under the Invest in IPO section, you will find the ‘View all’ option
5. Once you click on ‘View all’, you will be directed to the ‘IPO’ tab
6. In the ‘IPO’ tab, click on ‘My applications’ 
7. In ‘My applications’, under the History section, your TVS Supply Chain Solutions Limited IPO allotment status will be mentioned

Open a demat account with Upstox to apply for the TVS Supply Chain Solutions Limited IPO

To apply for the TVS Supply Chain Solutions Limited IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.

Here is a step-by-step guide on how to open a demat account with Upstox:

1. Click here to visit the demat account opening page on the Upstox website. 
2. Enter your phone number and other essential details to begin opening a demat account.
3. Upload the scanned copies of your PAN, Aadhaar card, a cancelled cheque, and your bank statement as needed. 
4. Complete the e-verification using the OTP sent to your registered mobile number. 

This is all it takes to open a demat account with Upstox. Easy and quick, right? 

Upstox – trading app to apply for the TVS Supply Chain Solutions Limited IPO

Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India. 

You can apply for the TVS Supply Chain Solutions Limited IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero. 

In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.