Q1. What is the business of TKW SUPPLY CHAIN INTERNATIONAL LIMITED ?

It is a New Delhi-based third-party logistics (3PL) provider that operates as an integrated supply chain solutions partner.

Q2. Why is the company raising funds via IPO?

TKW Supply chain is raising funds via IPO to meet working capital requirements and for general corporate purposes.

Q3. What is the size of the issue and where will it list?

The issue of the IPO comprise entirely as Fresh Issue of 6,320,000 equity shares and will list on the NSE Emerge (SME) platform.

Q4. What are the key risks to an investor?

Key risks to invest in the IPO include dependency on third-party transporters, air-freight reliance, regulatory compliance issues, and market competition/volatility.

Q5. What are the potential upsides?

Potential upsides include an asset-light model, global network, strong financial growth, and long-standing customer relationships.

Q6. How to apply for the IPO?

Investors can apply through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

TKW Supply Chain International Limited

Upcoming

TKW Supply Chain International Limited

Market Cap

IPO Issue Size

“up to 63,20,000 Equity Shares”

Expected Price by IPOCorner

IPO Score

*Score varies on actual price

TKW Supply Chain International Limited is a New Delhi-based third-party logistics (3PL) provider offering integrated solutions across freight forwarding, transportation, and customs clearance. Operating an asset-light business model, the company specializes in air and sea freight, leveraging a global network of partners to serve diverse industry verticals. In 2024, the company transitioned to a public limited entity to support its expansion. Its proposed SME IPO on the NSE Emerge platform involves a fresh issue of up to 6,320,000 equity shares. The proceeds are primarily earmarked for meeting working capital requirements and general corporate purposes. While the draft red herring prospectus (DRHP) has been filed, specific details regarding the price band and listing date remain pending finalization.

TKW SUPPLY CHAIN INTERNATIONAL LIMITED was incorporated on August 26, 2021.The company is currently led by Mr. Mohit Goyal .

TKW Supply Chain International Limited provides comprehensive 3PL solutions, including international freight forwarding (air and sea), customs clearance, and multimodal transportation. Their offerings extend to warehousing, distribution, and supply chain consultancy, utilizing an asset-light model to deliver tech-driven logistics worldwide.Operating on an asset-light model, the company maintains its primary registered office in New Delhi and extends its services to 40+ countries via a global partner network, serving a diverse customer base of SMEs and large corporations.

Subscription date to apply for TKW SUPPLY CHAIN INTERNATIONAL LIMITED is yet to be announced. Price band for the IPO is yet to be declared.

"up to 63,20,000 Equity Shares"

Fresh Issue

"up to 63,20,000 Equity Shares"

Year	2025
Networth	₹ 28.7 Cr
Revenue	₹190.70 Cr
EBITDA	₹ 13.48 Cr
PAT	₹ 10.35 Cr
EBITDA Margin	7.07%
PAT Margin	5.43%
Face Value	N/A

IPO Important Dates

#	Date
Open Date	TBA
Close Date	TBA
Anchor Investor Bidding	TBA
Allotment Date	TBA
Refunds& Demat Credit	TBA
Tentative Listing Date	TBA

Use Of Proceeds

Purpose	Amount
Working Capital requirements	~ ₹ 27.00 Cr
-	-
-	-
-	-
-	-
General Corporate Purpose	Balance

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	₹ 158.1	₹ 128.7	₹ 190.7
PAT (₹ Cr)	₹ 8.9	₹ 8.4	₹ 10.4
Asset (₹ Cr)	₹ 25.4	₹ 43.1	₹ 62.1
Net Worth (₹ Cr)	₹ 10.0	₹ 18.4	₹ 28.7

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
23-Aug	₹ –	₹ –	₹ –
22-Aug	₹ –	₹ –	₹ –
21-Aug	₹ –	₹ –	₹ –
20-Aug	₹ –	₹ –	₹ –
19-Aug	₹ –	₹ –	₹ –

Pros

High Growth Revenue: Reported a significant 47% revenue increase and impressive compound annual growth in recent years.
Asset-Light Strategy: Operates an efficient asset-light business model, reducing heavy capital expenditure and increasing operational flexibility.
Diverse Industry Verticals: Serves multiple sectors including electronics, energy, and e-commerce, reducing dependence on a single industry.
Strong Profitability Ratios: Maintains robust Return on Equity (ROE) and Return on Capital Employed (ROCE) above 40%.
Established Global Network: Boasts a wide-reaching international partner network for seamless air and sea freight forwarding solutions.

Cons

Short Operating History: Established only in 2021, the company lacks a long-term track record of navigating economic cycles.
High Air-Freight Dependence: Business is heavily reliant on air transportation; any aviation sector disruptions could severely impact margins.
Working Capital Intensive: Significant portions of IPO proceeds are earmarked for working capital, indicating high daily cash needs.
Intense Market Competition: Faces stiff competition from established logistics giants and local players in a fragmented Indian market.
SME Exchange Volatility: Listing on the NSE SME platform often involves lower liquidity and higher price volatility risks.

Promoters – Pre offer equity (Approx)

Promoters	% Shares
TKW Management Solutions Private Limited	76.93%
Mohit Goyal	19.95%
Amit Goyal	0.01%
-	-
-	-
-	-

Lot Size details

Application Type	Lot Size	No. of Lot	No. of Shares	Investment Amount
Retail (Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
HNI (Min)	–	14	–	₹ –
HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Key Performance Index (KPI)

ROE	00
ROCE	00
RoNW	00

Lead / Book Running Lead Managers

HEM SECURITIES LIMITED

Registrar (RTA)

MAASHITLA SECURITIES PRIVATE LIMITED

Q1. What is the business of TKW SUPPLY CHAIN INTERNATIONAL LIMITED ?
It is a New Delhi-based third-party logistics (3PL) provider that operates as an integrated supply chain solutions partner.
Q2. Why is the company raising funds via IPO?
TKW Supply chain is raising funds via IPO to meet working capital requirements and for general corporate purposes.
Q3. What is the size of the issue and where will it list?
The issue of the IPO comprise entirely as Fresh Issue of 6,320,000 equity shares and will list on the NSE Emerge (SME) platform.
Q4. What are the key risks to an investor?
Key risks to invest in the IPO include dependency on third-party transporters, air-freight reliance, regulatory compliance issues, and market competition/volatility.
Q5. What are the potential upsides?
Potential upsides include an asset-light model, global network, strong financial growth, and long-standing customer relationships.
Q6. How to apply for the IPO?
Investors can apply through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.