1633954163_ideAs6_thumbnail_TVS_Supply_Chain_Logo_400x400.png 
Around 57 per cent of TVS client base is from non-auto businesses and 95 per cent from non-TVS organisations.
Photo Credit :
TVS Supply Chain Solutions (TVS SCS), part of the Rs 15,000 crore TVS Mobility Group, is set to turn into the main organisation from the TVS fold to emerge with a initial public offering (IPO), after the family gotten the final gesture for its rearrangement early this month.
The organisation had moved toward the Securities and Exchange Board of India (Sebi) to raise around Rs. 5,000 crore including a new issue of Rs. 2,000 crore and a proposal available to be purchased of up to Rs. 3,000 crore. It was on February 4 that the USD 8.5 billion worth TVS Group's family reworking arrangement got its last gesture from the National Company Law Tribunal (NCLAT), in view of which every one of the four family bunches got responsibility for organisations they were overseeing while at the same time rejecting the holding organisation structure. As a component of the OFS, 59.48 million offers are to be sold by advertisers and different investors including Tata Opportunities Fund, Mitsubishi Corporation and Gateway Partners.
TVS SCS is a coordinated logistic service provider occupied with rethought supply chain management, freight forwarding and last-mile satisfaction. R Dinesh, organiser of TVS SCS and was instrumental in its development throughout the long term. Televisions SCS is the third-biggest organization among every one of the four TVS families, with an income of Rs. 6,950 crore, after TVS Motor Company and Sundaram-Clayton. The company began as a division of TV Sundram Iyengar and Sons in 1996 and turned into its completely claimed auxiliary in December 2004. The cash raised will be utilised to take care of its obligation and for development plans.
Around 57 per cent of its client base is from non-auto businesses and 95 per cent from non-TVS organisations. A bigger portion of its clients is from purchaser durable, telecom, hardware, automobile and defence areas. It has supposedly seen high income development of 36 per cent and EBITDA development of 37 per cent CAGR on EBITDA beginning around 2005.
TVS SCS had raised around Rs. 590 crore in October 2021 from an asset manged by Exor, the Europe-based organisation. Exor is known for its interests in worldwide majors like Ferrari, Fiat, Chrysler Automobiles, PartnerRe, CNH Industrial, and, not least, the Economist Group and Juventus Football Club.