TVS Supply Chain IPO: GMP, subscription status, review, other details. Apply or not?
The initial public offering (IPO) of TVS Supply Chain Solutions Ltd is set to debut in the primary market today and is scheduled to continue accepting bids until August 14th, 2023. The IPO price range for TVS Supply Chain is established at ₹187 to ₹197 per equity share, with the aim of raising ₹880 crore through this public offering. In the grey market, market observers note that shares of TVS Supply Chain Solutions are trading at a premium of ₹30 today.
This IPO signifies an opportunity for investors to participate in the growth journey of TVS Supply Chain Solutions, a prominent player in the supply chain and logistics sector. The pricing range and market sentiment in the grey market provide insights into investor sentiment ahead of the IPO launch. Individuals interested in investing are advised to study the IPO prospectus, consider their investment strategy, and refer to reliable financial sources for the latest updates and analysis.
As of 02:18 PM on the first day of bidding, the public issue of TVS Supply Chain Solutions Ltd has garnered a subscription of 0.25 times of the total shares offered. Notably, the retail portion of the public offer has been fully subscribed, with a subscription of 1.23 times the allocated shares for retail investors. This indicates a positive response from retail investors who are eager to participate in the IPO.
The subscription figures provide an initial indication of the market’s interest in the IPO. However, it’s important to keep in mind that the subscription numbers may change as the bidding period progresses. Investors should closely monitor the subscription levels, consider their investment goals, and assess market trends before making investment decisions. Reliable financial sources can provide real-time updates on the subscription status and insights into market sentiment.
6] TVS Supply Chain IPO lot size: The minimum bid lot for the IPO is 75 shares, and in multiples of 75 shares thereafter.
7] TVS Supply Chain IPO retail portion: The retail portion of the public offer has been fully subscribed, with a subscription of 1.23 times the allocated shares for retail investors.
8] TVS Supply Chain IPO subscription status: By 02:18 PM on day one of bidding, the public issue has been subscribed 0.25 times overall.
9] TVS Supply Chain IPO listing: The shares of TVS Supply Chain Solutions are set to be listed on stock exchanges.
10] TVS Supply Chain Solutions: The company is a prominent player in the supply chain and logistics sector, providing comprehensive solutions to a wide range of industries.
Investors interested in participating in the TVS Supply Chain IPO should carefully review the prospectus, monitor subscription levels, and consider their investment strategy before making a decision. Staying updated with reliable financial sources can offer insights into market trends and developments related to the IPO.
TVS Supply Chain Solutions (TVSCS) has displayed notable financial performance in recent years:
- Total Income: The company reported a total income of ₹6,933.6 crore for FY21, which increased to ₹9,249.7 crore in FY22, and further escalated to ₹10,235.3 crore in FY23. This reflects a consistent growth trajectory in its revenue.
- EBIDTA: TVSCS’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBIDTA) showcased an upward trend as well. It recorded an EBIDTA of ₹386.6 crore in FY21, which rose to ₹612.5 crore in FY22, and further improved to ₹683.6 crore in FY23. This indicates the company’s increasing operational efficiency and profitability.
- EPS Recovery: For FY23, TVSCS demonstrated a remarkable recovery in its Earnings Per Share (EPS), reaching Re 1 after experiencing losses in the preceding years. This signifies a positive turnaround in its financial performance and indicates a path towards profitability.
The improved financial metrics suggest TVS Supply Chain Solutions’ focus on enhancing its business operations and optimizing its financial outcomes. Investors considering participation in the TVS Supply Chain IPO should analyze the company’s financial statements, prospectus, and market trends to make informed investment decisions.
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Various research reports offer positive perspectives on the TVS Supply Chain IPO:
Reliance Securities Research Report:
- The IPO is priced at 10.5 times its Net Asset Value (NAV) as of March 31, 2023.
- The company has strong legacy parentage, is tech-enabled, and employs process-driven solutions.
- The retirement of debt using IPO proceeds is expected to enhance net margins.
- The report recommends subscribing to the issue for potential long-term rewards.
Axis Capital:
- TVS Supply Chain Solutions is an Indian supply chain logistics solution provider with a global network and capabilities across the value chain.
- The company’s presence spans over 16 years, managing complex supply chains in various industries in India and select global markets.
- TVS SCS has experienced significant growth, with a total income of ₹10,311.01 crore in the fiscal year 2023.
These analyses highlight the company’s technological capabilities, customized solutions, and financial performance, suggesting positive prospects for potential investors. However, investors should conduct their own due diligence, assess their risk tolerance, and consider the insights provided by various research reports before making investment decisions.
Absolutely, it’s important for investors to conduct thorough research and consult with certified financial experts before making any investment decisions. Investment choices should align with an individual’s financial goals, risk tolerance, and overall investment strategy. Always consider multiple sources of information and expert opinions to make informed and prudent investment choices.
