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IPO

IPO Details


TVS Supply Chain Solutions Ltd
Registered Office: 10 Jawahar Road, Chokkikulam, Madurai - 625002, Tamil Nadu
Phone: 91-44-66857777
Email: cs.compliance@tvsscs.com
Website: www.tvsscs.com
Initial public offering of 44,670,050** equity shares of face value of Re. 1 each (Equity Shares) of TVS Supply Chain Solutions Limited (The Company or the Issuer) for cash at a price of Rs. 197 per equity share (including a premium of Rs. 196 per equity share) (Offer Price) aggregating to Rs. 880.00 crores (Offer). The offer comprises of a fresh issue of 30,456,852** equity shares aggregating to Rs. 600.00 crores* (the Fresh Issue) and an offer for sale of 14,213,198** equity shares aggregating to Rs. 280.00 crores, comprising of 10,734,565** equity shares aggregating to Rs. 211.47 crores by Omega TC Holdings Pte. Ltd., 984,823**equity sharesaggregating to Rs. 19.40 crores by Tata Capital Financial Services Limited, 100,000**equity shares aggregating to Rs. 1.97 crores by Kotak Special Situations Fund, and 100,000**equity shares aggregating to Rs.1.97 crores by TVS Motor Company Limited (collectively the, Investor Selling Shareholder), and 2,293,810**equityshares aggregating to Rs. 45.19 crores by other selling shareholders as set out under annexure a (Other Selling Shareholders). The investor selling shareholders and other selling shareholders, collectively referred as Selling Shareholders and such offer for sale by the selling shareholders, the Offer for Sale). The offer will constitute 10.06% of the post-offer paid-up equity share capital. *The company, in consultation with the brlms, has undertaken a further issue of (i) compulsorily convertible preference shares aggregating to Rs. 75.00 crores (subsequently converted into 4,476,275 equity shares) and (ii) 4,010,695 equity shares aggregating to Rs. 75.00 crores (pre-ipo placement). The fresh issue size has been reduced by Rs. 150.00 crores pursuant to the pre-ipo placement and accordingly, the fresh issue comprises of 30,456,852** equity shares aggregating to Rs. 600.00 crores. The offer price is Rs. 197 per equity share and is 197 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
10-Aug-2023 14-Aug-2023 ₹ 197.00 ₹ 0.00
Minimum Application for shares in Nos : 76 Further Multiples of : 76
(₹)Cr. Lead Managers to the Issue
Project Cost 525.00 Axis Capital Ltd
Project Financed through Current Offer 880.00
Post Issue Equity Share Capital 44.40
Issue Price ₹197.00
Projects
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and its subsidiaries, TVS LI UK & TVS SCS Singapore
General corporate purposes
Promoted By
TVS Mobility Pvt Ltd
T.S.Rajam Rubbers Pvt Ltd
Dhinrama Mobility Solutions Pv
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

83,359.58 174.78 (0.21%)

Nifty

25,497.25 81.45 (0.32%)

GLOBAL INDICES

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NASDAQ

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