Future Enterprises’ material subsidiary - Future Supply Chain Solutions (FSCSL) has filed the Red Herring Prospectus with the Registrar of Companies, Maharashtra (RoC) at Mumbai and has been approved on November 27, 2017. The IPO will be open for subscription by Anchor Investors on December 5, 2017 and for other Investors from December 6, 2017 to December 8, 2017.
Further, the price band for the IPO by FSCL of its equity shares has been fixed at Rs 660 to Rs 664 per equity share. The minimum bid lot for the IPO is 22 equity shares and applications may be made in multiples of 22 equity shares thereafter.
Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.
