Registered Office:
10 Jawahar Road,Chokkikulam,
Madurai - 625002,
Tamil Nadu, India.
Phone : 91-44-66857777
Fax : NA
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.
Opens On
Closes On
Application
Allotment
10-Aug-23
14-Aug-23
197.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
76
Further Multiples of :
76
(Rs.Cr)
Lead Managers to the Issue
Project Cost
525.00
Axis Capital Ltd