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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 ₹664.00 per share . The lot size for an application is 22. The minimum amount of investment required by an retail is ₹14,520 (22 shares). 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 Date | December 6, 2017 to December 8, 2017 |
| Listing Date | December 18, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹660 to ₹664 per share |
| Issue Price Final | ₹664 per share |
| Lot Size | 22 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 97,84,570 shares (aggregating up to ₹649.70 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,00,56,238 shares |
| Share Holding Post Issue | 4,00,56,238 shares |
Future Supply Chain IPO offers total 97,84,570 shares. Out of which 48,92,284 (50.00%) allocated to QIB, 19,56,914 (20.00%) allocated to QIB, 14,67,686 (15.00%) allocated to NII, 34,24,600 (35.00%) allocated to RII and 29,35,370 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum 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%) |
Future Supply Chain IPO opens on December 6, 2017, and closes on December 8, 2017.
| IPO Open Date | Wed, Dec 6, 2017 |
| IPO Close Date | Fri, Dec 8, 2017 |
| Tentative Allotment | Wed, Dec 13, 2017 |
| Initiation of Refunds | Thu, Dec 14, 2017 |
| Credit of Shares to Demat | Thu, Dec 14, 2017 |
| Tentative Listing Date | Mon, Dec 18, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 8, 2017 |
Investors can bid for a minimum of 22 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
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.
| Particulars | For the year/period ended (in Rs. million) | ||||
|---|---|---|---|---|---|
| 30-Sep-17 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | ||
| Total Assets | 5,757.00 | 5,095.05 | 4,837.03 | 3,873.54 | |
| Total Revenue | 3,652.03 | 5,769.92 | 5,284.70 | 4,107.22 | |
| Profit After Tax | 333.30 | 457.54 | 294.27 | 246.57 | |
The Company Future Supply Chain IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To achieve the benefit of listing the Equity Shares on the Stock Exchanges |
[Dilip Davda] FSC happens to be the first mover in automated technology system support in consumption related segments; it will attract more fancy post listing going forward. Investors may consider investment for medium to long term. (Subscribe). Read detail review...
| Listing Date | December 18, 2017 |
| BSE Script Code | 540798 |
| NSE Symbol | FSC |
| ISIN | INE935Q01015 |
| Final Issue Price | ₹664 per share |
| BSE Listing Group | B |
Future Supply Chain Solutions Ltd.
Knowledge House, Shyam Nagar,
Jogeshwari-Vikhroli Link Road,
Jogeshwari (East), Mumbai 400 060
Jogeshwari, Maharashtra
Phone: +91 22 6644 2200
Email: investorrelations@futuresupplychains.com
Website: http://www.futuresupplychains.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: futuresupply.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Future Supply Chain IPO is a main-board IPO of 97,84,570 equity shares of the face value of ₹10 aggregating up to ₹649.70 Crores. The issue is priced at ₹664 per share. The minimum order quantity is 22.
The IPO opens on December 6, 2017, and closes on December 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 December 6, 2017 and closes on December 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 Thursday, December 14, 2017. Check the Future Supply Chain IPO allotment status.
The Future Supply Chain IPO listing date is on Monday, December 18, 2017.
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