Grey Market Report
As on 16 December 2017 at 16.40 IST
GMP INR 52/55
IPO Note by Sonam Sinha, MBA in finance has been given in Page bottom box.
on Day 3(on 08.12.2017 at 16.00 IST)
QIB : shares offered:19,56,914 Subscribed: 12.3641
NII : Shares offered: 1467686, Subscribed : 11.1524
RII : Shares offered : 3424600, Subscribed : 2.6931
Total : Shares offered :6849200, Subscribed : 7.2633
Short Note about the Company:
Future Supply Chain Solutions Ltd(Incorporated in 2006, ) is one of the largest third-party logistics service provider in India. Their services includes automated and IT-enabled warehousing, distribution and other value-added logistics solutions such as kitting and bundling, unit-cartonisation and packaging solutions, express logistics , 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
The company has customers from various sectors (eg retail, fashion and apparel, automotive and engineering, food and beverage, FMCG , e-commerce, healthcare, electronics , home-textile and furniture and ATMs.(financial summary is given on this page)
The promoters :
Future Enterprises Limited ( Kishore Biyani Group company)
Main objects of the issue are:
1. Avail the benefit of listing of the Equity Shares on the Stock Exchanges;
2.To Enhance stability and brand image and
3.To provide liquidity to its existing shareholders.
IPO Opens on : 06 December 2017
IPO Closes on : 08 December 2017
Issue Type: Book Built Issue IPO
Issue Size: 9,784,570 Equity Shares of INR aggregating up to Rs [.] Cr
Face Value: Rs. 10
Price Band:INR 660-664 Per Equity Share
Minimum Order Quantity: 22 Shares
Listing will at:BSE, NSE
29th Nov – Price Band to be Announced
05th Dec – Anchor List
06th Dec – Offer Opens
08th Dec – Offer Closes
13th Dec – Finalisation of Basis of Allotment
14th Dec – Unblocking of ASBA
14th Dec – Credit to Demat Accounts
18th Dec – Listing on NSE & BSE
Useful Information for Analysis has been given in Page-bottom-box
For Fiscals 2017, 2016 and 2015, its revenue from operations was INR 5,611.83 million, INR 5,198.70 million and INR 4,079.63 million, respectively, representing a CAGR of 17.3% during the last three Fiscals. For Fiscals 2017, 2016 and 2015, its net profit was INR 457.54 million, INR 294.27 million and INR 246.57 million, respectively, representing a CAGR of 36.2% during the last three Fiscals.
For Fiscals 2017, 2016 and 2015, its EBITDA was INR 742.82 million, INR 699.40 million and INR 639.40 million, respectively, representing a CAGR of 7.8% during the last three Fiscals
Total Income of 2016-17 Rs.
Net Profit of 2016-17 Rs.
Earnings per Share (EPS) Rs.
Equity Capital as on 31.3.2017
Equity Capital after the IPO: Rs.
Upper Price Band/last EPS:
Book Value of the Share as per last Balancesheet Rs.
Upper offer price/Book Value Ratio:
IDFC Bank Limited
IIFL Holdings Limited
Yes Securities (India) Limited
Registrar to theIPO:
Link Intime India Private Ltd
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
Registrered Office of the Company :
Future Supply Chain Solutions Ltd
Knowledge House, Shyam Nagar,
Jogeshwari-Vikhroli Link Road,
Jogeshwari (East), Mumbai 400 060
Grey Market Trend
As on 16 December 2017 at 16.40 IST GMP INR 52/55
As on 14 December 2017 at 16.40 IST GMP INR 44/45 Kostak INR 325
As on 13 December 2017 at 17.45 IST GMP INR 55 Kostak INR 375
As on 12 December 2017 at 17.45 IST GMP INR 60 Kostak INR 375
As on 10 December 2017 at 11.45 IST GMP INR 12/14 Kostak INR 300