Skfinowings05 Aug, 2023Finance
TVS Supply Chain Solutions Ltd. (TVSSCS) is a leading integrated supply chain solutions provider in India. The company offers a wide range of services, including warehousing, distribution, transportation, and freight forwarding. TVSSCS has a strong track record of growth, and it is well-positioned to benefit from the growing demand for supply chain solutions in India. The company is coming up with an initial public offering (IPO) to raise ?5,000 crores. The IPO will consist of a fresh issue of ?2,000 crores and an offer for sale (OFS) of up to ?3,000 crores. The proceeds from the IPO will be used to repay debt, expand the company's infrastructure, and fund future growth initiatives.
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