What is the price band of the Future Supply Chain Solutions IPO?

The price band is ₹660–664 per share, and the final issue price is ₹664.

What is the lot size of the Future Supply Chain Solutions IPO?

One lot is 22 shares, so the minimum retail bid is ₹14,608 at the upper end of the price band.

When is the Future Supply Chain Solutions IPO listing date?

The shares listed on 18 December 2017.

How many times was the Future Supply Chain Solutions IPO subscribed?

It was subscribed 7.56x overall: QIB 12.4x, NII 11.2x and retail 3.28x (NSE and BSE together).

Future Supply Chain Solutions IPO

Future Supply Chain Solutions Limited (FSC) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 18 December 2017.

Listed 18 Dec Subscribed 7.56x Listing gain +0.0%

Issue details

Price band

₹660–664

Issue price

₹664

Lot size

22 shares

Min. retail bid

₹14,608

Max. retail bid

13 lots (₹1,89,904)

Issue size

₹650 Cr

Face value

₹10

Bidding

06 Dec – 08 Dec 2017

Listing

18 Dec 2017

Retail quota

35%

Registrar

Link Intime India Private Limited

Listing day

Listed at

₹664

0.0% vs issue price ₹664

Day's high

₹699

+5.3% · low ₹660 (-0.6%)

Day's close

₹686

+3.4% · traded ₹379 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	19,56,914	2,41,89,220	12.4x
NII (HNI) total	14,67,686	1,63,64,590	11.2x
Retail	34,24,600	1,12,45,872	3.28x
Total	68,49,200	5,17,99,682	7.56x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 19% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Future Supply Chain Solutions's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
PSP ProjectsMay 2017	8.38x	10.4x	6.47x	8.58x	₹212 Cr	-9.5%	-5.0%
Larsen & Toubro InfotechJul 2016	19.9x	10.8x	7.39x	11.7x	₹1,242 Cr	-6.1%	0.0%
HPL Electric and PowerSep 2016	5.77x	22.2x	3.31x	8.06x	₹417 Cr	-5.9%	-2.0%
Laurus LabsDec 2016	10.5x	3.58x	1.67x	4.57x	₹1,334 Cr	+14.5%	+16.4%
Mahindra LogisticsNov 2017	15.6x	2.07x	6.10x	7.90x	₹829 Cr	0.0%	+1.1%
Sheela FoamDec 2016	14.5x	3.35x	0.44x	5.09x	₹548 Cr	+17.8%	+41.4%

Lead managers and their listing record

Book running lead manager	Mainboard IPOs since 2019	Avg listing gain	Listed at a premium
IDFC Bank	—	—	—
IIFL Holdings	—	—	—
YES Securities (India)	6	+28.6%	83%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the Future Supply Chain Solutions IPO price band and lot size? ₹660–664 per share, with a lot of 22 shares, so the smallest retail bid is ₹14,608.

How many times has it been subscribed? 7.56x overall: QIB 12.4x, NII 11.2x, retail 3.28x.

How did it list? It opened at ₹664, +0.0% against the issue price of ₹664, and closed its first day +3.4%.

Other IPOs of 2017

Astron Paper & Board Mills Shalby HDFC Standard Life Insurance Company Khadim India The New India Assurance Company Mahindra Logistics Reliance Nippon Life Asset Management General Insurance Corporation Of India All 2017 IPOs →

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.