TVS SUPPLY CHAIN IPO Review

TVS Supply Chain Solutions Limited (TSCSL), a subsidiary of the renowned TVS group, specializes in providing supply chain solutions and has gained prominence among Indian listed companies. With a successful turnaround in FY23, TSCSL reflects the TVS group's commitment to rewarding stakeholders. This IPO marks the group's first offering in 32 years, presenting investors with a unique opportunity to invest in a trusted brand known for delivering substantial returns since 1991. Prior to the IPO, TSCSL undertook pre-IPO placements totaling Rs. 150 crore, reducing the fresh equity issue to Rs. 880 crore. This move underscores the company's strategic approach to capital raising. TSCSL's financial performance demonstrates a positive trajectory, with consecutive growth in turnover over the last four fiscal years. Despite initial losses, the company's FY23 results signify a significant milestone, posting a net profit of Rs. 41.76 crore. While dividends were not distributed during the reported periods, TSCSL's potential for long-term growth and returns makes it an IPO worth considering. Investors are encouraged to seize this opportunity to be part of the TVS group's legacy and capitalize on the promising prospects of TSCSL in the primary market.