The Future Supply Chain IPO date has confirmed from December 6, 2017 and ended on December 8, 2017.
Using an IPO, Future Supply Chain is seeking to raise Rs 649.70 crores. Its price band is set at ₹660 to ₹664 per share. The minimum lot size for an application is 22 Shares. The minimum amount of investment required by retail investors is ₹14,608.
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Bidding Dates
December 6-8
Price Range
₹660 to ₹664 per share
Face Value
₹10 per share
GMP
₹29.40
Future Supply Chain IPO GMP
The Future Supply Chain Limited IPO GMP is ₹29.40.
IPO Overview
Future Supply Chain IPO is a Rs 649.70 crore book-built issuance. Bidding for the Future Supply Chain IPO began on December 6, 2017 and finished on December 8, 2017. On Wednesday, December 13, 2017, the allotment for the Future Supply Chain IPO was completed. On December 18, 2017, the shares were listed on the BSE and NSE. The price range for the Future Supply Chain IPO is set at 660 to 664 per share. An application requires a minimum lot size of 22 Shares. Retail investors must make a minimum investment of $14,608.
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.
Future Supply Chain IPO Details
| IPO Date | December 6, 2017 to December 8, 2017 |
| Listing Date | December 18, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹660 to ₹664 per share |
| Lot Size | 22 Shares |
| Total Issue Size | 9,784,570 shares (aggregating up to ₹649.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Future Supply Chain Company Financials
| 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 | |
Future Supply Chain IPO Timeline
| IPO Open Date | Wednesday, December 6, 2017 |
| IPO Close Date | Friday, December 8, 2017 |
| Basis of Allotment | Wednesday, December 13, 2017 |
| Initiation of Refunds | Thursday, December 14, 2017 |
| Credit of Shares to Demat | Thursday, December 14, 2017 |
| Listing Date | Monday, December 18, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 8, 2017 |
Company Profile
Future Supply Chain Solutions Ltd, founded in 2006, is one of India’s major third-party logistics service providers. Their services include warehousing, distribution, and other logistics solutions that are automated and IT-enabled. They provide contract logistics services such as warehousing and distribution, as well as other value-added services such as 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 such as cold-chain warehousing, transportation solutions and long-haul distribution services for perishable products.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | futuresupply.ipo@linkintime.co.in |
| Website | linkintime.co.in |
Contact Details
| Name | Future Supply Chain Solutions Ltd |
| Phone number | +91 22 6644 2200 |
| Email ID | investorrelations@futuresupplychains.com |
| Website | futuresupplychains.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
