TVS ILP Raises Rs 13 Billion Via Warehousing InvIT

04 Jul 2025 CW Team

TVS Industrial & Logistics Parks (TVS ILP), a unit of TVS Mobility Group, has secured more than Rs 13 billion from global and domestic institutions through a private placement of its warehousing led infrastructure investment trust (InvIT).

The company has developed a platform of 20 million sq ft and has transferred 11 million sq ft, valued at about Rs 30 billion, into the InvIT. The portfolio covers prime sub markets in Chennai, Pune, Kolkata, Hosur, Kochi and several north eastern states.

The placement closed last week, and the InvIT is due to list on the National Stock Exchange on 8 July. It will be the country’s first privately placed warehousing and industrial parks InvIT since NDR InvIT Trust, which raised Rs 8.8 billion in February 2024 before listing on the same bourse.

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