TVS Supply Chain IPO Beats Market Challenges
TVS Supply Chain Solutions has launched its IPO despite market challenges.
The IPO was oversubscribed by 2.24 times.
TVS Supply Chain Solutions is a subsidiary of TVS Motor Company.
The company provides logistics and supply chain management services.
TVS Supply Chain Solutions has a presence in over 50 countries.
The IPO raised Rs 1,153 crore.
The funds will be used to repay debt and for general corporate purposes.
TVS Supply Chain Solutions has a strong financial track record.
The company has reported consistent revenue growth over the past few years.
The IPO has been well-received by investors.
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