TKW Supply Chain International IPO

About TKW Supply Chain International Limited IPO

TKW Supply Chain International Limited IPO is an IPO of TBA. It consists of a fresh issue of up to 63,20,000 equity shares. The shares will be allotted on TBA. The credit of shares to the demat account will take place on TBA, and the initiation of refunds will take place on TBA.

Objective of TKW Supply Chain International Limited IPO

• To meet working capital requirements.
• General corporate purposes.

Industry Outlook

The Indian logistics sector is one of the largest in the world and presents a huge addressable opportunity. The sector is critical to the country's economic growth, as it connects various elements of the economy and consists of transportation, warehousing, and other supply chain solutions ranging from suppliers to end customers. With its pivotal role in driving economic progress by facilitating the efficient movement of goods and services across the supply chain, the logistics sector contributes around 13-14% to GDP and provides a livelihood for more than 2.2 crores people. Following a 2% contraction in FY21, the market experienced a robust post-COVID recovery in FY22, witnessing a remarkable 14% growth and reaching a value of US$ 43,500 crores. As per the projections from EY, a leading global consulting firm, the logistics market in India is poised to expand further, reaching US$ 59,100 crores by FY27. The Indian government released the National Logistics Policy 2022 (NLP), which aims to boost economic growth by making the logistics sector more seamless and integrated.

Company Information

Incorporated in 2021, TKW Supply Chain International Limited is engaged in providing logistics solutions to its customers, which primarily include services such as freight forwarding, including ocean and air freight, customs clearance, and transportation handling for clients based both in India and overseas. They operate from their registered office in New Delhi, and their international logistics operations are supported by a network of partners and vendors, enabling them to meet client requirements across India and internationally. They deliver international logistics services via air and sea through this network of partners and vendors.

Risks of TKW Supply Chain International Limited IPO

• The majority of their freight forwarding business is dependent on air transportation services. Any adverse impact on air transportation services may have a negative effect on their results of operations and financial condition.

• Breakdowns, mishaps, or accidents could result in a loss or slowdown in operations and could also cause damage to life and property.

• Any disruptions that affect their ability to utilise the transportation network in an uninterrupted manner could result in delays, additional costs, or a loss of reputation or profitability.

Anchor Investor Information

The Anchor Investor Bidding Date shall be one Working Day prior to the Bid/Issue Opening Date.

IPO Registrar and Book Running Lead Managers

Book running lead managers:

Hem Securities Limited

Registrar for the IPO is Maashitla Securities Private Limited

Business Model

The company earns its revenue through providing logistics solutions to its customers, which primarily include services such as freight forwarding (including ocean freight and air freight), customs clearance, and transportation handling services for customers located both in India and abroad.

Company Growth Trajectory

During the period that ended 30 September 2024, revenue from operations stood at ₹87.21 crores. This includes revenue generated from providing logistics services to their customers. During the same period, other income amounted to ₹0.42 crores. The company reported a restated profit after tax of ₹5.47 crores for the period ended 30 September 2024.

Company Market Position

They have established long-standing relationships with a diverse set of customers. For the period ended 30 September 2024 and for the financial years 2024, 2023, and 2022, they catered to 188, 215, 198, and 24 customers, respectively, spanning multiple industries including manufacturing, transportation, energy, e-commerce, electronics, and telecommunications. They are a member of the Elite Global Logistics Network (WCA World), which has a wide network of freight forwarders from around the globe. They have also entered into mutual cooperation or agency agreements with parties located in Hong Kong and Shanghai, China, for maintaining and developing the general freight business between the territories under an agency relationship. This includes the inward and outward movement of cargo and carrying out all required operations and documentation work for cargo movement to and from India and the aforementioned territories.

How To Check Allotment Status of TKW Supply Chain International Limited IPO?

You can check the allotment status of shares either on the website of the National Stock Exchange (NSE) or on the website of the registrar Maashitla Securities Private Limited.

To check the status on the NSE website:

• Visit the NSE website
• Click on “Investor Services” and choose “Application Status Check”
• Choose the issue type — Equity or Debt (Equity in this case)
• Select the Issue Name from the drop-down. The issue name is the company’s name, which is TKW Supply Chain International Limited
• Enter your application number or PAN number
• Check the box which says “I’m not a Robot” and click on “Search” to know the allotment status

Follow these steps to know the allotment status on the registrar’s website:

• Visit the Maashitla Securities Private Limited website
• Choose “Public Issues” from the “Investor Services” drop-down
• Select TKW Supply Chain International Limited from the drop-down
• Enter your PAN number or Application number
• Click on “Submit” to know the allotment status