(l-R) Aditi Kumar, Joint Managing Director, TVS Industrial & Logistics Parks Private Ltd; Ravi Swaminathan, Founder & Vice Chairman, TVS Industrial & Logistics Parks Private Ltd; Ashish Kumar Chauhan, Managing Director & CEO, NSE and R. Dinesh, Chairman, TVS Supply Chain Solutions Ltd
| Photo Credit:
Supplied
TVS Industrial & Logistics Parks (TVS ILP), a part of the TVS Mobility Group and a joint venture between TVS Supply Chain Solutions (TVS SCS) and Ravi Swaminathan & Family, has listed its Infrastructure Investment Trust (InvIT) — TVS Infrastructure Trust — on the National Stock Exchange (NSE). The company develops Grade A warehousing and industrial infrastructure.
This initiative is backed by marquee global and domestic investors, including the International Finance Corporation (IFC), a member of the World Bank Group and L&T. IFC has invested ₹348 crore ($41 million) as the cornerstone investor in the initial listing of TVS InvIT. This is IFC’s first equity investment in a warehousing InvIT in India, a statement said.
TVS Infrastructure Investment Trust issued units worth around 2,000 crores out of which 1,300 crore worth units were subscribed by marquee global and domestic investors. The offering comprised a fresh issue of ₹1,050 crore and an offer for sale of ₹250 crore by an existing unitholder, the release said.
“It is a momentous day for Infrastructure Investment Trust, not only because it marks the listing but also 20 years since the inception of the partnership between TVS SCS and Ravi Swaminathan Family,” Ravi Swaminathan said in a statement.
R Dinesh, Chairman, TVS Supply Chain Solutions Limited, said the listing of the TVS Infrastructure Trust is not only a proud milestone for TVS ILP, but also a defining moment for India’s warehouse infrastructure ecosystem. This listing will serve as a catalyst for further innovation and capacity building across the sector, he added.
The TVS ILP InvIT offers a tenant base of over 30 marquee clients from sectors such as e-commerce, automotive, FMCG, electronics, pharmaceuticals and manufacturing. Less than 50 per cent of its rental income comes from its top 10 tenants, ensuring stability and risk diversification.
Published on July 8, 2025