We are an end-to-end supply chain solutions provider with capabilities across the value chain. Ours is a global business headquartered in India with presence across four continents. As our name suggests, we provide solutions that help customers manage their supply chains better.
We have built a business with a revenue that is diversified across multiple sectors. We are an asset-light business and technology is a key element of the value we bring to our customers. We have differentiated capabilities that form an integral part of the solutions we provide to our customers.
We classify our business into two segments, Integrated Supply Chain Solutions or ISCS segment and Network Solutions or the NS segment.
--- In the ISCS segment, our capabilities including sourcing and procurement, in-plan solutions, aftermarket solutions, integrated transportations and aftermarket fulfilment.
--- In the NS segment, as the name suggests, we leverage our operating network of two types: global freight solutions or GFS where we have a global forwarding network which we leverage to provide end-to-end solutioning on air and ocean freight along with warchousing and ground transportation.
On an average, our relationships have lasted upwards of 10 years with most of our key customers.
In Q2, we will be deploying the IPO funds to repay INR525 crores for the borrowing as we had indicated in our Prospectus. We will reduce our borrowings further out of surplus funds in capital raised prior to the IPO. As a result, our borrowing cost is expected to come down by approximately INR15 crores on a net basis on a run rate basis -- or per quarter on a run rate basis.
On margins for the Network Solutions segment, margins should improve H2 onwards as some of our price increases come through and freight volumes pick up. We are also taking specific cost reduction initiatives in order to improve the efficiencies of our business.
