Future Supply Chain Solutions Ltd IPO

Future Supply Chain Solutions Ltd business lines:

• 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.

Company Strengths:

• 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.

Company Promoters:

• Future Enterprises Limited (FEL) is the promoter of the Company.

Issue Detail:

• Issue Open: Dec 05 2017
• Issue Closes on: Dec 07 2017
• Issue Type: Book Built Issue IPO
• Issue Size: [.] Equity Shares of Rs 0 aggregating up to Rs 9,784,570 Cr
• Face Value: Rs 10 Per Equity Share
• Issue Price:660 - 664 Per Equity Share
• Market Lot: 22 Shares
• Minimum Order Quantity: 22 Shares
• Listing At: BSE, NSE

Tentative timetable in respect of the Offer:

• Bid/Offer Opens On: Dec 05 2017
• Bid/Offer Closes On: Dec 07 2017
• Finalisation of Basis of Allotment: On or about Dec 12 2017
• Initiation of refunds: On or about Dec 14 2017
• Credit of Equity Shares to demat accounts:On or about Dec 14 2017
• Commencement of trading of the Equity Shares on the Stock Exchanges: On or about Dec 15 2017