Future Supply Chain to Make Stock Market Debut on Monday    

New Delhi: Future Supply Chain Solutions, the logistics arm of the Future Group, will make stock market debut on Monday. Its Rs 650 crore public issue was open for subscription from December 6-8. The price band for the initial public offer (IPO), subscribed more than 7.5 times, was fixed at Rs 660-664.

The issue comprised sale of 97,84,570 equity shares, amounting to 24.43 per cent stake, by Future Enterprises and private equity investor Griffin Partners. Edelweiss Financial Services, CLSA India, Nomura Financial Advisory and Securities (India) Pvt Ltd, IDFC Bank, IIFL Holdings and Yes Securities (India) Ltd were the global coordinators and book running lead managers to the offer. (PTI)