In today’s briefing:
- TVS Supply Chain Solutions IPO – RHP Updates, Peer Comparison & Thoughts on Valuation
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TVS Supply Chain Solutions IPO – RHP Updates, Peer Comparison & Thoughts on Valuation
- TVS Supply Chain Solutions (1915741D IN) is looking to raise up to US$110m in its India IPO, after downsizing from an earlier float of up to US$500m.
- TVS SCS is an Indian supply chain logistics solution provider which also has global capabilities and network across the value chain with cross deployment abilities, according to RedSeer.
- In our previous note, we looked at the company’s past performance. In this note, we talk about RHP updates, undertake a peer comparison and provide our thoughts on valuation.