TVS Supply Chain Solutions manages supply chains for international organizations, government agencies, and large and medium-sized businesses.
TVS SCS provides services in two categories:
- ISCS (integrated supply chain solutions); and
- NS stands for Network Solutions.
Sourcing and procurement, integrated transportation, logistics operation centers, in-plant logistics operations, completed goods, aftermarket fulfillment, and supply chain consulting are all part of the ISCS category. Furthermore, the NS segment includes global forwarding solutions (“GFS”), which include end-to-end freight forwarding and distribution across ocean, air, and land, warehousing and at-port storage, and value-added services, as well as time-critical final mile solutions (“TCFMS”), which include closed-loop logistics and support such as spares logistics, break-fix, refurbishment, and engineering support, and courier and consignment management.
During Fiscal 2022 and the nine-month period ending December 31, 2022, TVS SCS offered supply chain solutions to over 10,531 and 8,115 customers, respectively. In India, over 1,044 and 733 consumers were served during the same time periods. The company’s global customers in December 2022 included 72 ‘Fortune Global 500 2022’ firms, while its Indian customers included 25 ‘Fortune Global 500 2022’ companies.
TVS Supply Chain Solutions IPO Details
| IPO Date | Aug 10, 2023 to Aug 14, 2023 |
| Listing Date | [.] |
| Face Value | Rs 1 per share |
| Price | Rs 187 to ₹197 per share |
| Lot Size | 76 Shares |
| Total Issue Size | [.] shares (aggregating up to Rs 880.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to Rs 600.00 Cr) |
| Offer for Sale | 14,213,198 shares of Rs 1 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 406,953,160 |
TVS Supply Chain Solutions IPO Timetable
| IPO Open Date | Thursday, 10 August 2023 |
| IPO Close Date | Monday, 14 August 2023 |
| Basis of Allotment | Friday, 18 August 2023 |
| Initiation of Refunds | Monday, 21 August 2023 |
| Credit of Shares to Demat | Tuesday, 22 August 2023 |
| Listing Date | Wednesday, 23 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 14, 2023 |
TVS Supply Chain Solutions IPO Lot Size
| Retail (Min) | 1 | 76 | Rs 14,972 |
| Retail (Max) | 13 | 988 | Rs 194,636 |
| S-HNI (Min) | 14 | 1,064 | Rs 209,608 |
| S-HNI (Max) | 66 | 5,016 | Rs 988,152 |
| B-HNI (Min) | 67 | 5,092 | Rs 1,003,124 |
