TVS supply Chain IPO GMP, Details to watch, Guidance & Subscription Status @ Chanakyanipothi.com , India`s Oldest & the most Trusted Investment website. Operational since 8th December 1999, this is the Only Investment website in India, which has successfully completed 23 Years.

    TVS supply ChainListing Review: The scrip got listed at Rs. 207.05 (Issue price Rs. 197) much better than expectations of the grey market

    TVS supply Chain Estimate of Listing Price:
    As indicated in our IPO guidance, the company has very strong business with huge growth potential. However, as normal trend, the grey market fancy for an IPO from sound promoters, remained low and the premium has declined to near zero once the IPO is over. Accordingly, the scrip is expected to list at Rs. 202, compared to the issue price of Rs. 197. We expect that the buying support of the funds and large investors will push up the scrip to Rs. 220 intraday.

    TVS supply Chain Grey Market News Today #TVS supply Chain IPO GMP
    For latest updates of GMP, click

    TVS supply Chain Guidance
    Apparently, the shares are offered at very high PE ratio of 193.14, yet the future of the business is very strong and has huge growth potential. TVS Group shares always command high valuation in the market. Must Apply IPO as Invest & Forget

    TVS supply Chain Subscription Status
    On 14 August 2023 @ 5.00 (Day 3) (Closed)
    Review: Good response from Retail investors
    QIB:           13547691  Shares    1.35  T
    NII(10L+):   4629875  Shares    2.30 T
    NII (<10L)   2314938  Shares    2.46 T
    NII (Total)   6944813  Shares     2.35 T
    RII:              4629875  Shares     7.60 T
    Total:        25122289  Shares    2.78 T

    TVS supply Chain Company Details to Watch
    TVS Supply Chain is among India’s largest and fastest growing integrated supply chain solutions provider in terms of revenues in Fiscal 2021, according to the RedSeer Report. The Company is an India based multinational company, who pioneered the development of the supply chain solutions market in India . It was promoted by the erstwhile TVS Group, one of the reputed business groups in India and are now part of the TVS Mobility Group, which has four business verticals: (i) supply chain solutions; (ii) manufacturing; (iii) auto dealership; and (iv) aftermarket sales and service. For the last 15 years, it has managed large and complex supply chains across multiple industries in India and select global markets through customized tech-enabled solutions. During this period, it has grown significantly and its total income was Rs 69,996.91 million in Fiscal 2021.

    It is the only differentiated Indian supply chain logistics solution provider to have global capabilities and
    network across the value chain with cross deployment abilities. Its technology coupled with its deep domain expertise and global expertise enables it to develop and offer customized solutions
    to customers’ thereby empowering agile and efficient supply chains at large scale.
    Its solutions spanning the entire value chain from sourcing to consumption can be divided into two segments: (i) integrated supply chain solutions (“ISCS”); and (ii) network solutions (“NS”).
    For more information, click www.tvsscs.com

    The Promoters of TVS supply Chain
    TVS Mibility Pvt ltd, T.S.Rajam Rubbers Pvt ltd.,Dhinrama Mobility Solution Pvt ltd & Ramachandran Dinesh

    TVS supply Chain IPO Main Objects
    The Offer comprises the Fresh Issue by the Company and an Offer for Sale by the Selling Shareholders.
    The Net Proceeds are proposed to be utilised towards
    1. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and its Subsidiaries, TVS LI UK and TVS SCS Singapore;
    2. Purchasing minority stake from existing shareholders of its Subsidiary, Rico Logistics Limited, UK;
    3. Capitalisation of strategically important step-down Subsidiaries being TVS SCS Germany, TVS LI USA and TLM Thailand;
    4. Inorganic growth initiatives and general corporate purposes

    TVS supply Chain IPO Details
    IPO opens on 10 August , 2023
    IPO closes on 14 August ,2023
    Issue Type: Book Built Issue IPO
    Issue : up to 44670051 Shares /Rs 880 Crore
    * Fresh Issue of 39456853 Sh/ Rs.600 Cr
    * Offer for Sale Up to 14213198 Sh/ Rs. 280 Cr

    Face Value per share : Rs. 1

    TVS supply Chain IPO Price Band Per Equity Share: Rs. 187-197
    TVS supply Chain IPO Retail Lot Size 76 Shares
    TVS supply Chain Listing will at BSE, NSE

    Shares offered to
    QIB (75%) 33502538 Shares = Rs 660 Cr
    NII (15%)    6700508 Shares = Rs 132 Cr
    RII (10%)     4467005 Shares = Rs  88 Cr
    Lot size: 76 Shares = 58776 Forms
    Min Retail Application :    76 Sh , Rs. 14972
    Max Retail Application : 988 Sh,  Rs 194636
    SHNI Min Application : 1064 Sh Rs. 209608
    SHNI Max Application : 5016 Sh Rs. 988152
    BHNI Max Application : 5092 Sh Rs. 1003124

    TVS supply Chain IPO Tentative TimeTable
    TVS supply Chain IPO Allotment on 18 August 2023
    Unblocking of ASBA 21 August 2023
    Credit to Demat Accounts 22 August 2023
    Listing on 23 August 2023

    TVS supply Chain IPO Analysis : Financial & Analytical Ratios
    Earnings per Share 2020-21,Rs (2.26)
    Earnings per Share 2021-22 Rs (1.44)
    Earnings per Share 2022-23 Rs 1.04
    Return on Net Worth: 20-21: (15.15)%
    Return on Net Worth: 21-22 : (6.88) %
    Return on Net Worth: 22-23 : 5.50 %
    Book Value per Share 31.3.2023 Rs 18.89
    Boo Value after the IPO Rs. 45.95

    Ratio Analysis
    Upper Price Band/last EPS: 193.14

    TVS supply Chain IPO Peer Comparison:
    TCI Express Ltd           @ PE Mulitple of 40.57
    Mahindra Logistics     @ PE Mulitple of 42.15
    Blue Dart Express Ltd @ PE Mulitple of 46.38
    Delhivery ltd               @ PE multiple of N.A.

    TVS supply Chain IPO Lead Managers 
    J M Financial, Axis Capital,J.P.Morgan India,BNP Paribas, Edelweiss Financial Services, Equirus Capital
    Registrar to TVS supply Chain IPO
    Linkintime India Pvt Ltd.

    Registered Office of TVS supply Chain
    10 Jawahar Road, Chokkikulam, Madurai – 625 002, Tamil Nadu
    Company Secretary & Compliance Officer : P D Krishna Prasad

    #This is only coverage of News related to Grey Market . We donot deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    TVS supply Chain Analysis & Guidance @ Click

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