TVS Supply Chain Solutions IPO: You may monitor the TVS Supply Chain Solutions IPO GMP today, subscription, lot size, and share price from this page. At the NSE and BSE, TVS Supply Chain Solutions Limited is launching its first public offering. TVS Supply Chain Solutions’ initial public offering (IPO) has been scheduled for August 10 and will last through August 14.
TVS Supply Chain Solutions IPO
Supply Chain Solutions expects to raise close to 5,000 crores through its initial public offering (IPO) with a fresh issue of 750 crores and an offer to sell over 2 crore equity shares at $1 apiece. Retail receives 10% of the quota, QIB receives 75%, and HNI receives 15%.
Keep checking back here if you have any interest in the shares or IPO of TVS Supply Chain. Keep visiting our website because we will soon post information about the Solutions IPO GMP Today and other relevant topics.
Aeroflex Industries sets IPO price band at Rs 102-108/share
Objective of TVS Supply Chain Solutions IPO
A significant amount of the net earnings from the IPO will be used by the company. To keep its debt-to-equity ratio within a healthy range and to allow it to use internal accruals for additional investments in business growth and expansion, the company will use Rs. 1,166 crores to settle or prepay its existing obligations.
An additional Rs. 75.2 crore will be used in FY23 in order to take advantage of the growth opportunities in these regions as well as its strategically significant subsidiaries in Thailand, the US, and Germany. An additional Rs. 60 crores would be put into the UK business in order for the corporation to hold 100% of Rico UK. The remaining funds will be used for other corporate goals including inorganic expansion.
Description
According to the RedseerReport, TVS Supply Chain would rank among the largest and fastest-growing providers of complete supply chain solutions in India by fiscal 2022 revenue. Large corporations, public agencies, and foreign businesses can all benefit from the firm’s supply chain management services. It is the only supplier of supply chain logistics solutions with a network covering the whole value chain and cross-deployment capabilities that is in an exclusive position in India.
By utilising data analytics, technology, and execution skills to deliver critical solutions and supply chain agility to manage changing needs, the company aims to give simple solutions to the customers’ supply chains. The company provided supply chain solutions to 10,531 and 8,115 clients internationally during Fiscal 2022 and the nine months that ended on December 31, 2022, respectively. During the same time periods in India, they provided services to 1,044 and 733 clients.
Subscription to the IPO TVS Supply Chain Solutions
You can apply for TVS Supply Chain IPO through ASBA, which can be accessed through your bank account. By navigating to the online bank login page and selecting the IPO under the Invest headline, you can submit an online application using your bank account. The option is to submit TVS IPO paperwork that has been downloaded from the NSE and BSE.
Live subscription information for TVS IPO is not yet available. Remember that on days when the public issue is available, the bidding starts at 10 AM and ends at 5 PM, leaving time for the IPO to open.
IPO Lot Size & Share Price
TVS Supply Chain has made 14,213,198 shares available for purchase at a face value of Rs 1. Both the total IPO size and the Lot size have not yet been disclosed. The lot size will shortly be listed by the company on the NSE and BSE.
The company has not yet revealed the opening share price for the shares. The website will start listing items on August 10, 2023. As a result, we anticipate hearing about the IPO share price a few days prior to August 10.
