Nuvama Investment Banking acted as the Book Running Lead Manager to the INR 10,300 mn IPO of TVS Supply Chain Solutions

Initial Public Offering

Service

August 2023

Date

Industrials

Sector

INR 10,300 MN

Deal Value

Nuvama Investment Banking acted as the Book Running Lead Manager to the INR 10,300 mn IPO of TVS Supply Chain Solutions

Deal Details:

  • First TVS Group Company IPO to hit the market after nearly three decades
  • IPO of the Largest and Fastest growing integrated supply chain solutions company in India^
  • TVS SCS successfully completed a Pre-IPO placement and the IPO received a strong response from investors, reflecting TVS SCS’ ability as a global integrated supply chain solutions company

Contribution:

  • Effectively positioned TVS SCS as a Resilient Business with a Technological Moat and Long term and Stable revenues from marquee Indian & global customers
  • Nuvama garnered participation from a diverse investor set including Marquee ‘Long Only’ DII and FII investors
  • Highest number of investors converted in anchor book
  • TPushed the TVS SCS story aggressively through our distribution channel to garner strong interest in HNI and Retail category

About:

  • TVS Supply Chain Solutions Ltd. is an Indian supply chain logistics solution provider that has global capabilities and network across the value chain with cross deployment abilities.