The offer for sale from Future Supply Chain Solutions Limited was subscribed 7.55 times. The company had offered for sale 97,84,570 equity shares in a price band of Rs 660-664. It had earlier 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 issue saw the QIB portion subscribed 12.36 times while the HNI portion was subscribed 11.15 times. Retail portion was subscribed 3.26 times. There were 4.40 lakh applications which saw the retail portion on basis of number of applications subscribed 2.83 times.

The issue received a better response than the hospital chain simply because some amount of interested party funding happened for the leveraged HNI. Assuming that the funding is done at 5.5% rate of interest, the cost would be about Rs 8 per share. This is an insignificant amount considering the issue price of Rs 664. It is important that the issue lists well.

The full details of the subscription category wise is given below.