Future Supply Chain Solutions Ltd IPO, Future Supply Chain IPO Details, FSC IPO
After the three busy months in the IPO markets, now we can see some break. As per the latest news, four companies get Sebi nod for IPO i.e. Future Supply Chain Solutions Ltd. (FSC), Gandhar Oil Refinery (India) Ltd, Aster DM Healthcare Ltd and Hindustan Aeronautics Ltd. If you look at the past IPOs, very few get a good listing as the aggressive pricing by the greedy companies makes these IPOs failure.
Many people lose their money in these IPOs. By the way, people are also guilty as well as companies. Those who wanted to make quick money applied for these IPOs without looking at anything. They did not see the valuations, financials or fundamentals. This is madness and it should not happen. All the previous IPOs were overpriced, but people applied for it to get some easy money. We like to tell the greedy investors to please read everything about the IPO before investing. There is no point making money in one IPO and loosing in another four. Highly priced IPOs are available in the markets at the very cheap price after the listing.
Future Supply Chain Solutions is an Indian supply chain and logistics company. The company intends to come up with an IPO in the coming months. The IPO will be open from 06 December 2017 to 08 December 2017. The price band of the IPO is yet to be decided by the company. The price band of Future Supply Chain Solutions is Rs. 660 – Rs. 664 Per Equity Share. As per the news, financial services firm Edelweiss have bought a 4.9% stake in Future Supply Chain Solutions on 20th November 2017.
The public issue of Future Supply Chain Solutions comprises an offer for sale of up to 78,27,656 equity shares by Griffin Partners and up to 19,56,914 equity shares by Future Enterprises. The company plans to raise Rs. 700 crore.
In the given section of the page, we are going to discuss Future Supply Chain IPO Allotment Status, financials, Important dates, Price, P.E., daily subscription details etc. Investors need to read everything carefully before applying for Future Supply IPO.
- 1 Future Supply Chain IPO
- 2 Future Supply Chain Solutions Ltd (FSC) IPO, Price, Date, GMP, Grey Market, Subscription, Allotment, Listing Date
- 2.1 Future Supply IPO Grey Market Price, Rates, GMP Premium
- 2.2 Future Supply Chain Solutions IPO Subscription
- 2.3 Future Supply Chain Solutions IPO Allotment Status
- 2.4 Future Supply Chain Solutions Listing Date
Future Supply Chain IPO
About the company: Future Supply Chain Solutions Ltd. (FSC) is a supply chain and logistics company. Future Supply Chain Solutions is part of Kishore Biyani’s Future Enterprise Ltd. The company was incorporated in 2006. The company offers automated and IT-enabled warehousing, distribution and other logistics solutions. It has customers in various sectors all across India, including ATMs, automotive and engineering, retail, fashion & apparel, food – beverage, FMCG, e-commerce, health-care, electronics and technology, home and furniture.
The company offers customers services in three key areas:
- Contract Logistics
- Express Logistics
- Temperature-Controlled Logistics
It has 42 distribution centers across India, which covers approximately 3,500,000 square feet of warehouse space.
Company Promoter: Future Enterprise Ltd
Objects of the Issue
Future Supply Chain Solutions Ltd (FSC) IPO, Price, Date, GMP, Grey Market, Subscription, Allotment, Listing Date
|Name||Future Supply Chain Solutions Ltd|
|Open Date||06 December 2017|
|Close Date||08 December 2017|
|Allotment Date||13 December 2017|
|Refund Date||14 December 2017|
|Listing Date||18 December 2017|
|Issue Price||Rs. 660 - Rs. 664 Per Equity Share|
|Lot Size||22 Shares|
|Minimum Order Quantity||22 Shares|
|Issue Type||Book Built Issue IPO|
|Issue Size||9,784,570 Equity Shares of Rs aggregating up to Rs [.] Crore|
|Lead Manager||IDFC Bank Limited, IIFL Holdings Limited, YES Securities (India) Limited|
|Global Coordinators||Edelweiss Financial Services Limited, CLSA India Private Limited, Nomura Financial Advisory & Securities (India) Private Limited|
|Registrar||Link Intime India Private Ltd|
|Registrar Email||[email protected]|
|Listing at||NSE / BSE|
Future Supply IPO Grey Market Price, Rates, GMP Premium
|28 November 2017||Rs. 60||Rs. 450|
|30 November 2017||Rs. 75 (Seller)||Rs. 800|
|05 December 2017||Rs. 45 (Seller)||Rs. 700|
|08 December 2017||Rs. 15 (Seller)||Rs. 300|
|14 December 2017||Rs. 50||Rs. 350|
Future Supply Chain Solutions IPO Subscription
|Category||SHARES OFFERED||06 December 2017||07 December 2017||08 December 2017|
For FY 2017, 2016 and 2015, the revenue from operations was Rs. 5,611.83 crores, Rs. 5,198.70 crores, and Rs. 4,079.63 crores, respectively. (A CAGR of 17.3%.)
For FY 2017, 2016 and 2015, the net profit was Rs. 457.54 crores, Rs. 294.27 crores, and Rs. 246.57 crores, respectively, (A CAGR of 36.2%.)
For FY 2017, 2016 and 2015, the EBITDA was Rs. 742.82 crores, Rs. 699.40 crores, and Rs. 639.40 crores, respectively, (A CAGR of 7.8% during the last three Fiscals.)
IDFC Bank Limited, IIFL Holdings Limited, YES Securities (India) Limited will manage the Future Supply Chain Solutions public issue.
The company has chosen Link Intime India Private Ltd as a registrar to the issue.
Future Supply Chain Solutions IPO Allotment Status
The IPO Allotment Status will be provided online on the Link Intime India Private Ltd’s website. Please check this space for more details.
Allotment of the IPO will be done around 14th December 2017. Please check the link given below.
Future Supply Chain Solutions Listing Date
Update: The listing of the shares of Future Supply will be done on 18 December 2017. The listing date of the IPO will be notified in the due course.
Listing Day Figures (18th December 2017)
|BSE (540798)||NSE (FSC)|
|IPO Price||Rs. 664||Rs. 664|
|Open||Rs. 674||Rs. 664|
|High||Rs. 698.70||Rs. 699|
|Low||Rs. 660.05||Rs. 660|
|Close||Rs. 685.80||Rs. 686.35|
|Difference||Up Rs. 21.80 (+3.28%)||Up Rs. 22.35 (+3.37%)|
Future Supply Chain Solutions Limited Address
Download FSC IPO Prospectus – Click Here.