TVS Supply Chain Solutions Ltd. IPO

An India based multinational company, who pioneered the development of the supply chain solutions market in India. Company is promoted by TVS group and its services can be divided into two segments: (i) integrated supply chain solutions (“ISCS”); and (ii) network solutions (“NS”).

RHP
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DRHP
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Open Date

2023-08-10

Close Date

2023-08-14

TVS Supply Chain Solutions Ltd. IPO Details

Check out the issue details for TVS Supply Chain Solutions Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 197

Price Band

₹ 187 - 197

Issue Size

880 Cr.

Issue Type

Book Built

Open

2023-08-10

Close

2023-08-14

Listingprice

₹ 207.05

ListingGain

5.10%

Listing Date

2023-08-24

CMP

₹ 173.19

Current Return

-12.09%

Company Financials

You can get the following financial statements of TVS Supply Chain Solutions Ltd. as of now.

The details about the TVS Supply Chain Solutions IPO is as:

  • The issue size of the IPO is 880 Cr.
  • The price band for TVS Supply Chain Solutions IPO is Rs 187 to Rs 197.
  • The shares of TVS Supply Chain Solutions IPO will list on 24th August 2023.
  • The latest tentative GMP of TVS Supply Chain Solutions IPO is Rs 15.
  • The shares of TVS Supply Chain Solutions is subscribed 2.85 Times as of 14th August 2023. 

 

TVS Supply Chain Solutions IPO Valuation

The approx valuation of TVS Supply Chain Solutions IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 197
Existing Shares (Qty) 40.69 Cr
Fresh Issue 600 Cr
Market Cap 8615.93 Cr
EPS (FY23) Rs 1.04
PE Ratio 189.42x
Industry PE 43.03x

 

TVS Supply Chain Solutions IPO Issue Size

TVS Supply Chain Solutions IPO issue size is 880 Cr. 

Issue Amount
Fresh Issue 600 Cr
Offer For Sale (Qty) 280 Cr

 

TVS Supply Chain Solutions IPO Market Lot

An Individual can apply for a minimum 1 lot of 76 shares and a maximum of 13 lots of 988 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 76 Rs 14,972
 Maximum 13 988 Rs 1,94,636

 

TVS Supply Chain Solutions IPO share offer

The shares of TVS Supply Chain Solutions is subscribed 2.85 Times as of 14th,14th August 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 1.37 Times
Non-Institutional Maximum 15% 2.44 Times
Retail Individual Maximum 10% 7.89 Times
Total   2.85 Times

 

TVS Supply Chain Solutions IPO Grey Market Premium

As on GMP (Tentative)
10 August 2023 Rs 30
11 August 2023 Rs 25
13 August 2023 Rs 25
14 August 2023 Rs 15

TVS Supply Chain Solutions GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for TVS Supply Chain Solutions Ltd IPO:

Schedule Date
Basis of Allotment 21 August 2023
Refunds 22 August 2023
Credit to Demat Account 23 August 2023
IPO Listing Date 24 August 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1494 1241.96 1471.8 1818.56 1938.27
Total Expenditure 1444.88 1257.75 1396.09 1724.08 1765.59
Operating Profit 49.13 -15.78 75.71 94.48 172.68
Other Income 125.29 102.53 89.22 159.88 201.38
Interest 76.88 60.7 51.14 68.83 61.92
Depreciation 119.26 115.48 136.45 186.36 206.92
Exceptional Items 0 0 -8.25 -10 26.04
Profit Before Tax -21.73 -89.44 -30.91 -10.83 131.26
Provision for Tax -5.89 -8.06 -9.69 18.43 25.81
Net Profit -15.84 -81.38 -21.22 -29.26 105.45
Adjusted EPS (Rs.) -0.05 -0.26 -0.06 -0.08 0.24

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 38.62 42.19 36.42 36.43 44.05
Total Reserves 786.94 721.74 1172.79 1163.85 2516.37
Borrowings 1.66 2.08 10.94 36.69 2.75
Other N/C liabilities 156.14 164.1 142.14 218.41 121.39
Current liabilities 1189.52 913.13 1035.2 1602.91 867.19
Total Liabilities 2172.88 1843.24 2397.49 3058.29 3551.75
Assets
Net Block 444.27 440.34 464.47 594.27 474.57
Capital WIP 1.92 4.07 2.94 7.4 0.89
Intangible WIP 0 0 0 1.03 1.9
Investments 414.57 422.96 638.44 645.63 1906.3
Loans & Advances 96 98.68 96.95 137.33 73.41
Other N/C Assets 18.08 54.6 39.1 29.94 65.99
Current Assets 1198.04 822.58 1155.58 1642.69 1028.69
Total Assets 2172.88 1843.24 2397.49 3058.29 3551.75
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 42.13 64.26 46.88 26.15 44.15
Profit Before Tax 61.46 46.86 17.04 12.04 39.61
Tax 3.84 11.07 4.37 3.35 10.19
Profit After Tax 57.62 35.79 12.67 8.69 29.42
Adjusted EPS (Rs) 1.32 0.81 0.29 0.2 0.67

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 43.09 8.82
Jun 2024 43.12 8.82
Mar 2024 43.13 8.35
Dec 2023 43.17 7.77
Sep 2023 43.4 7.77
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -21.73 -89.44 -30.91 -10.83 131.26
Adjustment 156.76 141.54 194.73 230.38 136.14
Changes in Assets & Liabilities -129.93 119.34 -24.77 117.61 -353.95
Tax Paid -12.37 6.11 5.85 -28.21 24.8
Operating Cash Flow -7.28 177.55 144.9 308.95 -61.75
Investing Cash Flow -541.38 367.66 -376.52 -435.13 -629.16
Financing Cash Flow 550.32 -520.02 415.94 124.57 478.47
Net Cash Flow 1.66 25.19 184.33 -1.61 -212.44
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