TVS Supply Chain Solutions Ltd IPO
Open Demat Account
TVS Supply Chain Solutions Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| TBA | TBA | TBA | ₹ 1,854.15 L | BSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 10 Aug, 23 | 14 Aug, 23 | 76 | TBA | Book Building | 23 Aug, 23 |
TVS Supply Chain Solutions Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 0 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
TVS Supply Chain Solutions Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 9,199.98 | 9,994.38 | 9,249.79 |
| EBITDA | 545.10 | 361.89 | 241.99 |
| PAT | 105.45 | -29.26 | -21.22 |
| Total Assets | 1,096.99 | 1,704.57 | 1,229.80 |
| Share Capital | 44.05 | 36.43 | 36.30 |
| Total Borrowings | 678.32 | 1,255.70 | 728.56 |
| Operating Activities (Net Cash) | 312.37 | 157.10 | 115.23 |
| Investing Activities (Net Cash) | 1,903.51 | 637.20 | 635.50 |
| Financing Activities (Net Cash) | 678.32 | 1,255.70 | 728.56 |
| Net Cashflow | 135.91 | 323.29 | 292.45 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About TVS Supply Chain Solutions Ltd
TVS Supply Chain Solutions Limited was originally incorporated as TVS Logistics Services Limited in Madurai, a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 16, 2004 and certificate of commencement of business dated November 29, 2004 issued by the Registrar of Companies, Tamil Nadu. Thereafter, the name of the Company was changed to its present name, TVS Supply Chain Solutions Limited, pursuant to a special resolution passed in the extra-ordinary general meeting of the Shareholders held on November 19, 2018. Consequently, a certificate of incorporation pursuant to change of name dated February 27, 2019 was issued by the RoC to reflect the change in name.
The Indian and global logistics market present a large opportunity, with direct spends on logistics in India expected to grow at a CAGR of 15% to approximately US$365 billion by Fiscal 2026 from Fiscal 2021 and globally expected to grow approximately to US$ 13,189 billion by 2025 from 2020. Moreover, the COVID-19 pandemic has made organizations realize the complexity in supply chains further and as result, there is an increasing trend towards end-to-end outsourcing and organizations are looking forward to engaging supply chain companies to not only manage their supply chain and logistics requirements but also offer additional specialized service.
TVS Supply Chain Solutions Limited is among India's largest and fastest growing integrated supply chain solutions provider in terms of revenues in Fiscal 2021. The Company is the only differentiated Indian supply chain logistics solution provider to have global capabilities and network across the value chain with cross deployment abilities. For the last 15 years, the company has managed large and complex supply chains across multiple industries in India and select global markets through customized tech-enabled solutions. Its technology coupled with its deep domain and global expertise develops customized solutions to customers' thereby empowering agile and efficient supply chains at large scale.
Peer Comparison:
- TCI Express Ltd
- Mahindra Logistics Ltd
- Blue Dart Express Ltd
- TCI Express Ltd
- Mahindra Logistics Ltd
- Blue Dart Express Ltd
- Delhivery Ltd
TVS Supply Chain Solutions Ltd IPO Key Points
Strengths
- Critical scale in a fast-growing and fragmented third-party logistics market in India;
- Leader in end-to-end solutions enabled by domain expertise, global network and knowledge base;
- Robust in-house technology differentiation;
- Long and consistent track-record of successful integration of acquisitions to support capabilities and customer acquisition;
- Long-term customer relationship in diversified and attractive industries through encirclement;
Risk
- The company is depend on network partners and other third parties in certain aspects of its operations and unreliable or unsatisfactory services provided by them or failure to maintain relationships with them could result in a disruption in its operations, which could have an adverse effect on its business, financial condition, results of operations and cash flows.
- The company is highly reliant on its technology infrastructure and software suite in its business operations, and any disruption or failure of its technology infrastructure could materially and adversely affect its growth prospectus, reputation, business, results of operations, financial condition and cash flows.
- Its diverse and complex global operations subject it to many risk and uncertainties.
Strategy
- Growth in our existing core sectors
- Scout for adjacent sectors
- Pivot to new age and fast emerging sectors
- Growth in its existing core sectors.
- Scout for adjacent sectors.
- Critical scale in a fast-growing and fragmented third-party logistics market in India;
- Leader in end-to-end solutions enabled by domain expertise, global network and knowledge base;
- Robust in-house technology differentiation;
- Long and consistent track-record of successful integration of acquisitions to support capabilities and customer acquisition;
- Long-term customer relationship in diversified and attractive industries through encirclement;
How To Apply for TVS Supply Chain Solutions Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
