TVS Supply Chain Solutions IPO- Investment Rationale, Issue Details, Strategies, Key Concerns: HDFC Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..HDFC Securities Retail Research .The Rs 880 crore TVS Supply Chain Solutions IPO will open tomorrow for public subscription between a price band of Rs 187-197 Apiece.Objects of Issue: The offer comprises the offer for sale and the fresh issue. Offer for Sale TVS Supply will not receive any proceeds from the offer for Sale. The proceeds of the offer for sale shall be received by the selling shareholders and will not form part of the net proceeds. Each selling shareholder will be entitled to its respective portion of the proceeds of the offer for sale after deducting its proportion of the offer expenses and relevant taxes thereon. Fresh Issue The company proposes to utilise the net proceeds towards funding the following objects.Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and its subsidiary, TVS LI UK; andgeneral corporate purposes. In addition, TVS Supply expect to achieve the benefits of listing of the equity shares on the stock exchanges which, will result in the enhancement of its brand name and creation of a public market for the equity shares in India..About the companyTVS Supply Chain Solutions is India’s largest and among the fastest growing integrated supply chain solutions provider among Indian listed supply chain solutions companies in terms of revenues and revenue growth, respectively, in fiscal 2023. the company is an India based multinational company, who pioneered the development of the supply chain solutions market in India. It was promoted by the erstwhile TVS Group, one of the reputed business groups in India, and are now part of the TVS Mobility Group. For more than 16 years, it has managed large and complex supply chains across multiple industries in India and select global markets through customized tech-enabled solutions..Click on the attachment to read the full IPO report:.TVS Supply Chain Solutions IPO: All You Need To Know.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

TVS Supply Chain Solutions IPO- Investment Rationale, Issue Details, Strategies, Key Concerns: HDFC Securities

The Rs 880 crore TVS Supply Chain IPO will open tomorrow for public subscription between a price band of Rs 187-197 Apiece.

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