The price band of the IPO is Rs 187-197 per share of Rs 1 each. Bids can be made for a minimum of 76 shares and in multiples of 76 shares. The offer opens on Aug 10, and listing is likely by the end of the month.
TVS Supply Chain Solutions reported revenue of Rs 10,235 crore for the financial year ended March 31, 2023, an increase of 11 percent compared to Rs 9,249 crore in FY2022. TVS SCS is present across 26 countries, works with around 72 Fortune 500 companies and has an employee strength of around 18,000.
We have built the company on 3cs - customers, capability and country. We build solutions for customers - whatever they demand is what we offer: Ramachandhran Dinesh, TVS SCS. Dinesh holds 1.77 percent equity in the company.
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India accounted for 29% of the turnover or nearly Rs 3,000 crore while the U.K. also accounts for nearly 29% of the topline. Market potential is huge for our business: Ravi Vishwanathan, TVS SCS
How TVS SCS compares with listed companies...
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