TVS Supply Chain Solutions IPO Details

Open Date

10 August 2023

14 August  2023

76 shares

Rs. 880 Cr

Lot Size

IPO Size

Listing At

BSE, NSE

Listing  Date

Price Range

₹187 to ₹197  per share

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Close Date

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Allotment Date

18 August 2023

23 August 2023

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TVS Supply Chain Solutions provides supply chain management services for international organizations, government departments, and large and medium-sized businesses. TVS SCS offers its services in two segments: Integrated supply chain solutions (ISCS); and Network Solutions (NS)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and subsidiaries, TVS LI UK and TVS SCS Singapore. General corporate purposes.

Objective

The book-running lead managers to the offer are: Jm Financial Ltd Axis Capital Ltd J.P. Morgan India Private Ltd Bnp Paribas Equirus Capital Private Ltd Nuvama Wealth Management Ltd