TVS Supply Chain IPO to open on August 10. Here are 10 things to know about the offer

economictimes.indiatimes.com:

What is the business overview of TVS Supply Chain? TVS Supply Chain is among India’s largest and fastest growing integrated supply chain solution providers in terms of revenues and revenue growth, respectively, in FY23. The company has a network across the value chain with cross deployment abilities.

Its operating segments consist of integrated supply chain solutions (ISCS) and network solutions (NS).What is the industry overview of TVS Supply Chain? The Indian and global logistics markets present a large addressable opportunity and are expected to grow to $385 billion by FY27 at a 13% CAGR from FY22-27 and $13.6 trillion by 2026 at a 6.7% CAGR from 2020-2026 (estimated), respectively.What is the size of the TVS Supply Chain IPO? In the Rs 880 crore IPO, fresh issue aggregates up to Rs 600 crore and rest is the OFS of 1.42 equity shares.Who are the selling shareholders under the OFS? Under the OFS, Omega TC Holdings will offload 1.07 crore shares, Tata Capital Financial will sell 9.84 lakh shares. Other selling shareholders include Sargunaraj Ravichandran, Andrew Jones, Ramalingam Shankar, Ethirajan Balaji, TVS Motor Co among others.What is the price band for the TVS Supply Chain IPO? The company has fixed the price band at Rs 187-197 per share for its public offer.