Bookbuilding IPO | ₹650 Cr | Listed at BSE, NSE | Wed, Dec 6, 2017 - Fri, Dec 8, 2017
Future Supply Chain IPO is a book build issue of ₹649.70 crores. The issue is entirely an offer for sale of 0.98 crore shares of ₹649.70 crore.
Future Supply Chain IPO bidding started from Dec 6, 2017 and ended on Dec 8, 2017. The allotment for Future Supply Chain IPO was finalized on Dec 13, 2017. The shares got listed on BSE, NSE on Dec 18, 2017.
Future Supply Chain IPO price band is set at ₹664 per share. The lot size for an application is 22. The minimum amount of investment required by an retail is ₹14,608 (22 shares) (based on upper price). The lot size investment for sNII is 14 lots (308 shares), amounting to ₹2,04,512, and for bNII, it is 69 lots (1,518 shares), amounting to ₹10,07,952.
IDFC Bank Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Future Supply Chain IPO RHP for detailed Information.
IPO Open
Wed, Dec 6, 2017
IPO Close
Fri, Dec 8, 2017
Issue Price
₹664 per share
Market Cap (Pre-IPO)
₹2,659.73 Cr
| IPO Date | 6 to 8 Dec, 2017 |
| Listed on | Mon, Dec 18, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹660 to ₹664 |
| Issue Price | ₹664 per share |
| Lot Size | 22 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 97,84,570 shares (agg. up to ₹650 Cr) |
| Offer for Sale | 97,84,570 shares of ₹10 (agg. up to ₹650 Cr) |
| Share Holding Pre Issue | 4,00,56,238 shares |
| Share Holding Post Issue | 4,00,56,238 shares |
| BSE Script Code / NSE Symbol | 540798 / FSC |
| ISIN | INE935Q01015 |
Future Supply Chain IPO comprises a total issue size of 97,84,570 shares. Out of which, 48,92,284 (50.00%) are allocated to QIB, 14,67,686 (15.00%) allocated to NII 34,24,600 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 48,92,284 | 50.00% | NA |
| − Anchor Investor Shares Offered | 29,35,370 | 30.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 19,56,914 | 20.00% | NA |
| NII (HNI) Shares Offered | 14,67,686 | 15.00% | NA |
| Retail Shares Offered | 34,24,600 | 35.00% | 1,55,663 |
| Total Shares Offered | 97,84,570 | 100.00% |
Investors can bid for a minimum of 22 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,608 |
| Retail (Max) | 13 | 286 | ₹1,89,904 |
| S-HNI (Min) | 14 | 308 | ₹2,04,512 |
| S-HNI (Max) | 68 | 1,496 | ₹9,93,344 |
| B-HNI (Min) | 69 | 1,518 | ₹10,07,952 |
Future Supply Chain IPO raises ₹194.91 crore from anchor investors. Future Supply Chain IPO Anchor bid date is December 5, 2017.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Dec 5, 2017 |
| Shares Offered | 29,35,370 |
| Anchor Portion (₹ Cr.) | 194.91 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Jan 12, 2018 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Mar 13, 2018 |
Incorporated in 2006, Future Supply Chain Solutions Ltd is one of the largest third-party logistics service provider in India. Their services includes automated and IT-enabled warehousing, distribution and other logistics solutions.
They offers contract logistics such as warehousing and distribution services as well as other value-added services including kitting and bundling, unit cartonisation and packaging solutions, express logistics such as point-to-point, less-than truck-load and time-definite transportation services; and temperature-controlled logistics comprising cold-chain warehousing, transportation solutions, and long-haul distribution services for perishable products.
They serves customers in various sectors which includes retail, fashion and apparel, automotive and engineering, food and beverage, fast-moving consumer goods, e-commerce, healthcare, electronics and technology, home and furniture and ATMs.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To achieve the benefit of listing the Equity Shares on the Stock Exchanges |
The Future Supply Chain IPO is subscribed 7.56 times on December 8, 2017 9:00:00 PM (Day 3). The public issue subscribed 3.28 times in the retail category, 12.36 times in the QIB category, and 11.15 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 12.36 | 19,56,914 | 2,41,89,220 |
| NII | 11.15 | 14,67,686 | 1,63,64,590 |
| Retail | 3.28 | 34,24,600 | 1,12,45,872 |
| Total | 7.56 | 68,49,200 | 5,17,99,682 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Lead Managers | 17.70 |
| 2 | Commission and processing fee for SCSBs, and Brokerage and selling commission for Members of the Syndicate, Registered Brokers, RTAs or CDPs | 2.08 |
| 3 | Fee payable to Registrar to the Offer | 0.34 |
| 4 | Printing and stationery expenses | 2.46 |
| 5 | Advertising and marketing expenses | 4.01 |
| 6 | Others, Listing Fees, SEBI and Stock Exchanges processing Fees, and Miscellaneous | 11.81 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹664.00 | ₹664.00 |
| Open | ₹674.00 | ₹664.00 |
| Low | ₹660.05 | ₹660.00 |
| High | ₹698.70 | ₹699.00 |
| Last Trade | ₹685.80 | ₹686.35 |
Lead Manager Reports
Future Supply Chain IPO is a main-board IPO of 97,84,570 equity shares of the face value of ₹10 aggregating up to ₹650 Crores. The issue is priced at ₹664 per share. The minimum order quantity is 22.
The IPO opens on Wed, Dec 6, 2017, and closes on Fri, Dec 8, 2017.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Future Supply Chain IPO using UPI as a payment gateway. Zerodha customers can apply in Future Supply Chain IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Future Supply Chain IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Future Supply Chain IPO opens on Wed, Dec 6, 2017 and closes on Fri, Dec 8, 2017.
Future Supply Chain IPO lot size is 22, and the minimum amount required for application is ₹14,608.
You can apply in Future Supply Chain IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Future Supply Chain IPO will be done on Wednesday, December 13, 2017, and the allotted shares will be credited to your demat account by Thu, Dec 14, 2017. Check the Future Supply Chain IPO allotment status.
The Future Supply Chain IPO listing date is on Mon, Dec 18, 2017.
