Future Supply Chain Solutions has debuted at Rs 674.00 on the BSE, up by 10 points or 1.51% from its issue price of Rs 664.
The scrip is currently trading at Rs 680.25, up by 16.25 points or 2.45% from its issue price. It has touched a high and low of Rs 695.00 and Rs 660.05 respectively. So far 4,48,000 shares were traded on the counter.
The offering, which was open for subscription between December 6 and December 8, was subscribed 7.56 times. The issue price was fixed at Rs 664 per share i.e. at upper end of price band of Rs 660 - 664 apiece.
The company is one of the largest third-party logistics service provider in India. Their services include automated and IT-enabled warehousing, distribution and other logistics solutions.