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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 objects of the Offer for the Company are to:
1. Achieve the benefit of listing the Equity Shares on the Stock Exchanges;
2. Sale of Equity Shares by the Selling Shareholders;
3. Enhance its stability and brand image and provide liquidity to its existing shareholders.
| Future Supply Chain IPO Date | Dec 6, 2017 to Dec 8, 2017 |
| Future Supply Chain IPO Face Value | ₹10 per share |
| Future Supply Chain IPO Price | ₹660 to ₹664 per share |
| Future Supply Chain IPO Lot Size | 22 Shares |
| Issue Size | 9,784,570 shares of ₹10 (aggregating up to ₹649.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Company Promoters | Future Enterprises Limited (FEL) is the promoter of the Company. |
Future Supply Chain IPO opens on Dec 6, 2017, and closes on Dec 8, 2017. The Future Supply Chain IPO bid date is from Dec 6, 2017 10.00 A.M. to Dec 8, 2017 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Future Supply Chain IPO Opening Date | Dec 6, 2017 |
| Future Supply Chain IPO Closing Date | Dec 8, 2017 |
| Basis of Allotment | Dec 13, 2017 |
| Initiation of Refunds | Dec 14, 2017 |
| Credit of Shares to Demat | Dec 14, 2017 |
| Future Supply Chain IPO Listing Date | Dec 18, 2017 |
The Future Supply Chain IPO lot size is 22 shares. A retail-individual investor can apply for up to 13 lots (286 shares or ₹189,904).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 22 | ₹14,608 |
| Maximum | 13 | 286 | ₹189,904 |
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...
The Future Supply Chain IPO is subscribed 7.56 times on Dec 8, 2017 9:00:00 PM. 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) |
|---|---|
| QIB | 12.36 |
| NII | 11.15 |
| Retail | 3.28 |
| Total | 7.56 |
| Listing Date | Monday, December 18, 2017 |
| BSE Script Code | 540798 |
| NSE Symbol | FSC |
| Listing In | B Group of Securities |
| ISIN | INE935Q01015 |
| IPO Price | ₹664 per share |
| Face Value | ₹10 per share |
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Future Supply Chain Solutions Ltd
Knowledge House, Shyam Nagar,
Jogeshwari-Vikhroli Link Road,
Jogeshwari (East), Mumbai 400 060
Phone: +91 22 6644 2200
Email: investorrelations@futuresupplychains.com
Website: http://www.futuresupplychains.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: futuresupply.ipo@linkintime.co.in
Website: https://linkintime.co.in/
| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 5 | 1 | 0 |
| Members | 0 | 0 | 0 |
IPO Broker Recommendations
Future Supply Chain IPO is a main-board IPO of 9,784,570 equity shares of the face value of ₹10 aggregating up to ₹649.70 Crores. The issue is priced at ₹660 to ₹664 per share. The minimum order quantity is 22 Shares.
The IPO opens on Dec 6, 2017, and closes on Dec 8, 2017.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Future Supply Chain IPO opens on Dec 6, 2017 and closes on Dec 8, 2017.
Future Supply Chain IPO lot size is 22 Shares and the minimum order quantity is .
You can apply in Future Supply Chain IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Future Supply Chain IPO will be done on Dec 13, 2017, and the allotted shares will be credited to your demat account by Dec 14, 2017. Check the Future Supply Chain IPO allotment status.
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