Future Supply Chain Solutions Limited – Completes Anchor Allocation

Future Supply Chain Solutions Limited which is tapping the capital markets with its offer for sale of 97,84,570 equity shares in a price band of Rs 660-664 completed allocation to anchor investors. The company allotted 29,35,370 equity shares to 13 anchor investors comprising of 16 entities. Five anchor investors were allotted an identical 3,46,236 equity shares or 11.80% of the anchor book. The allotment was made at Rs 664 which is the top end of the band.

The issue opens today i.e. Wednesday the 6th of December and closes on Friday the 8th of December.

The allotment is heavily skewed in favour of domestic funds who have been seeing a huge inflow from retail investors. Comparatively FPI’s have not shown as much interest in this company.

The detailed list of anchor investors and their allotment is given below: –

future-supply-chain-anchor-letter

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