August 10, 2023 - August 14, 2023

TVS Supply Chain Solutions IPO Review & Recommendations

Arihant Capital Markets Ltd, Canara Bank Securities Ltd, Dilip Davda, Geojit Securities Ltd, India IPO Market, Reliance Securities, SBICAP Securities Limited and SMIFS Limited have given "Apply" recommendation to TVS Supply Chain Solutions IPO. Capital Market has given "May Apply" recommendation to TVS Supply Chain Solutions IPO. Axis Capital has "Not Rated" the IPO.

TVS Supply Chain Solutions IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	8	1	0	0	1
%	80.00	10.00	0.00	0.00	10.00

TVS Supply Chain Solutions IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Arihant Capital Markets Ltd	Apply
Axis Capital	Not Rated
Canara Bank Securities Ltd	Apply
Capital Market	May Apply
Dilip Davda	Apply
Geojit Securities Ltd	Apply
India IPO Market	Apply
Reliance Securities	Apply
SBICAP Securities Limited	Apply
SMIFS Limited	Apply

TVS Supply Chain Solutions IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for TVS Supply Chain Solutions IPO is 45. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	45	May subscribe

TVS Supply Chain Solutions IPO Review by Dilip Davda (Apply)

[Dilip Davda] The opportunity of investment in a TVS group company after a gap of 32 years by TSCSL has been the talk of the town. The company has maintained its leadership in the supply chain solutions segment and will continue to do so as indicated in its financial track records. Though the IPO is priced aggressively, considering the legacy of the TVS group, well-informed investors may park funds for medium to long-term rewards. Read detail review...

TVS Supply Chain Solutions IPO Peer Comparison

TVS Supply Chain Solutions Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
TVS Supply Chain Solutions Limited	1.04	1.02	18.89		5.50
TCI Express Limited	36.24	36.20	155.66	40.57	23.35
Mahindra Logistics Limited	8.97	8.94	77.84	42.15	4.89
Blue Dart Express Limited	154.43	154.43	497.12	46.38	31.41
Delhivery Limited	-2.14	-2.14	125.94		-1.73

Notes:

All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis) and is sourced from the financial statements of the respective company for the year ended March 31, 2023 submitted to stock exchanges.
Basic and diluted earnings/ (loss) per equity share: Basic and diluted earnings/ (loss) per equity share are computed in accordance with Indian Accounting Standard 33 notified under the Companies (Indian Accounting Standards) Rules of 2015 (as amended).
Net Asset Value per share is calculated by dividing Restated equity attributable to owners of the company by the Weighted average number of equity shares outstanding during the period.
Return on Net Worth (%) = Restated net profit/(loss) after tax for the years/period attributable to the owners of the Company / Equity attributable to owners of the company.
P/E Ratio for the peer group has been computed based on the closing market price of equity shares on BSE as on July 25, 2023, divided by the diluted EPS.

TVS Supply Chain Solutions IPO Review by Members

TVS Supply Chain Solutions IPO Reviews, analysis and views by popular members. Read TVS Supply Chain Solutions Limited IPO reviews by retail investors to find recommended ipo to buy.

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TVS Supply Chain Solutions IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	6	4
%	9.09	0.00	54.55	36.36

Member	Review
Abhijeet Kumar	Avoid Pathertic track record of the company. Lots of red flags and could be amoung worst IPO's of this year. August 11, 2023 12:17:11 AM
Ankit Dhakad	Neutral The company has some positive and negative sides. On the positive side, TVS is a well known brand in India. And the downside is that the PE of the company is very high and the financial performance is not attractive. 1 August 10, 2023 1:58:16 PM
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Apply for Long Term at Upper Price Band PE High hai. Lekin Brand Value TVS ka naam hi kaafi hai. 2 August 10, 2023 9:39:37 AM
Choudhari	Avoid High PE And lessor profitability is a major concern August 7, 2023 11:40:43 AM
Crow IPO Mentor (900+ Posts, 1100+ Likes)	Neutral When there are established players such as Blue Dart and TCI Express in the market with attractive valuations, it's meaningless to invest in TVS SCS for the long run at the moment. Especially when the GMP is non-existent, valuations are 4x its peers, and the sector itself marred with several challenges such as fuel prices. The only respite from my POV is the 10% retail quota. It's an avoid candidate for me at the moment but I may consider getting 1 retail lot if QIB crosses 30x on day 3. 1 August 10, 2023 12:34:19 PM
IPOTraders IPO Mentor (800+ Posts, 400+ Likes)	Neutral If applying, apply with 1-2 lots only. As it is avrisky bet. Can give -10% to +15% listing August 9, 2023 7:04:00 PM
PHARROAD WALE BABAJI	Neutral ग्रे मार्केट मे खामोशी छै ! August 13, 2023 8:40:40 AM
Pratham T	Avoid Expensive valuation, GMP not good , peers have not given good returns . GMP of concord and SBFC has fallen . August 14, 2023 9:37:06 AM
raj kk	Neutral Share is aggressively priced August 9, 2023 7:23:59 PM
Rajesh s. IPO Mentor (600+ Posts, 700+ Likes)	Avoid Very high PE & high debt to equity. Loss making company, promotar holding post issue 40% is major concerne .in fact logistics company never earn high margin due to compitition. 1 August 13, 2023 11:22:12 AM
Waseem	Neutral Thanks for ur information Please Please solve my doubt Icici direct . SME pre open market me sell krne ke liye deta hai ya nhi ....... EXAMPLE AGR MUGHE SME IPO ME ALLOTMENT MIL GYA THEN ME PREOPEN MARKET ME SELL KR SKTA HU YA NHI icici direct application me August 11, 2023 8:26:16 AM

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