Future Supply Chain IPO Opens By Tomorrow

The third part logistics company FSC IPO opens tomorrow at price band of 660-664. Shares will be available in BSE and NSE both.  It will list by December 6th and End By 8th. Secondary market listing expected by 18th of December. The issue will raise 650 crore INR.

FSC IPO By December 06

The company do contract logistics and express logistics and temperature controlled logistics. It operates 42 distribution centres and have revenue of 561 Crores in the financial year 2017. It was 519 and 407 crore revenues in the year 16 and 15 respectively.

In the coming year the GST structure may benefit the firm. The average P/E value of the company is 48. The valuation of the stock is not expensive and may be it can have a bright future depending on the company performance.

Future Supply Chain is 56.10% subsidiary of Kishore Biyani’s Future Enterprises Ltd. Sector wise the future is bright valuation wise it is not. So please study the IPO in details and invest.

Happy Investing.

Please follow and like us:
0

IPO’s Which Opened This Year | 2017

In a stock market an IPO means Initial Public Offer which is the first availability of shares for public. It is also called the primary market. An individual can submit an IPO form through stock broker to avail the IPO stocks. Here are the list of IPO which opened in this year in India.

Shalby Hospitals Image

Shalby Hospitals IPO December 2017

2017 IPO List

December

Shalby Ltd – Dec (Opening Price – 245-248)
Future Supply Chain Solutions Ltd (Opening Price – 660-664)

November

HDFC Standard Life Insurance (Opening Price – 290)
Khadim India Pvt Ltd (Opening Price – 750)
The New India Assurance Company (Opening Price – 800)

October

Mahindra Logistics Limited (Opening Price – 429)
Reliance Nippon Life Asset Management Ltd (Opening Price – 252)
General Insurance Corporation of India (Opening Price – 912)
Indian Energy Exchange Ltd (Opening Price – 1650)
MAS Financial Services Ltd (Opening Price – 459)
Astron Parper Board Mills Ltd (Opening Price – 245-248)
Godrej Agrovet Ltd (Opening Price – 460)

IPO List 2017

 

Please follow and like us:
0
Powered by ABIEHost.com