TVS is going to pay off these liabilities now and become debt-free. The concern that analysts have is that it's quite exorbitantly priced at a P slash E of 209 times its FY23 numbers. But none of this seems to have deterred investors so far. And as of Thursday evening, the first day of the IPO, the retail portion was already fully subscribed.
In today’s episode for 12th August 2023, we dive into two stories. The first one is a video explainer on the NSDL IPO and the other one on TVS Supply Chain Solutions whose IPO is just around the corner.
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