Future Supply Chain Solutions Ltd IPO Message Board (Page 19)

List of IPOs IN THE PIPELINE (Status as on 24th November 2017)


A) DRHP Filed – SEBI Approval *Awaited*:

1) Galaxy Surfactants >>> DRHP date 10-Nov-17
2) Reliance General Ins. Co. >>> DRHP date 09-Oct-17
3) Amber Enterprises India >>> DRHP date 29-Sep-17
4) Acme Solar Holdings >>> DRHP date 28-Sep-17
5) Karda Constructions >>> DRHP date 27-Sep-17
6) CMS Info Systems >>> DRHP date 27-Sep-17
7) H.G.Infra Engineering >>> DRHP date 27-Sep-17
8) Lemon Tree Hotels >>> DRHP date 19-Sep-17
9) Barbeque-Nation Hospitality >>> DRHP date 14-Aug-17
10) National Stock Exchange of India >>> DRHP date 28-Dec-16


B) SEBI Approval *Received* *(within the past 3 months)*:

1) Karda Constructions >>> SEBI Approval 22-Nov-17
2) Newgen Software Technologies >>> SEBI Approval 17-Nov-17
3) Apollo Micro Systems >>> SEBI Approval 13-Nov-17
4) Seven Islands Shipping >>> SEBI Approval 10-Nov-17
5) Prince Pipes and Fittings >>> SEBI Approval 03-Nov-17
6) Hindustan Aeronautics >>> SEBI Approval 27-Oct-17
7) Aster DM Healthcare >>> SEBI Approval 27-Oct-17
8) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17
9) Astron Paper & Board Mill >>> SEBI Approval 19-Sept-17


C) SEBI Approval Received *(more than 3 months ago)*:

10) Nakshatra World >>> SEBI Approval 09-June-17

D) SEBI Approval Received *(more than 9 months ago)*:

11) Genesis Colors >>> SEBI Approval 03-Feb-17
12) GR Infraprojects >>> SEBI Approval 22-Dec-16
13) Continental Warehousing Corp. >>> SEBI Approval 16-Dec-16

Attention to PATEL SIR, I am very eager to know your valuable comment on PNBHF (OFS). As per your guidance i made some money of NTPC(OFS). I am a retail investor.

Mr.Ghosh

It seems no one is interested in PNBHF OFS....
Here are few details:

Subscription as of 12.40 pm is 0.15x in retail

CMP: 1341
Cut off : 1325

Check subscription after 2.00 pm, if you want to apply and bid accordingly looking at details.

Good stock for long term. But good stock do have bad times i.e lupin. So only patience will count here.

Mr Ghosh,

This is very small ofs - 1300 crore. For retail only 10% reserved. OFS is not from Government of India. No discount. Current price is 1342 and floor price is 1325. Nothing will remain after allotment. Today North Korea did missile test. We will see pressure on world market for 2-3 days.

It will be available below floor price after some time.

Which one is best Future Supply Chain or Shalby Hospital

I will bet on Shalby Hospital instead of Future Supply chain.

Both the companies are good. Future Supply will reward better than Shallby. Future Supply allotment is tougher than Shallby.

Future Supply Chain Solutions should command higher PE as compared to Mahindra Logistics and some of the reasons for the same are:

1. Industry segments they operate are much more complex.
2. It is end to end supply chain services which are more comprehensive than pure logistics.
3, Higher entry barriers as Supply chain solutions are also generally very technology intensive along with being infra intensive.
4. Future Group companies themselves will continue to generate significant revenue in future for this company. With Future Group on acquisition spree...it has significant potential for growth.

I am planning to stick to my earlier decision where I will open a position in this stock.

I may buy either from IPO or from Secondary market post listing.

hmm.. leaving just 10-15% on the table for retail investors and issue to be over subscribed by more than 15 times.

Very expensive PE 60.IMO Another Mahindra Logistics.

I would not mind paying 2x PE extra owing to their scrupulous decision of choosing Link Intime as the registrar. Some actions speak more than a thousand words of affectation.
Besides that PE , ROE are just numbers which are the result of devilry of modern accounting methods known to instill fear in the minds of people willing to take risks that can one day make them famous for right or sometimes wrong reasons.
.

Future Supply Chain Solutions IPO – Schedule (Pg #354 of RHP)
29th Nov – Price Band to be Announced
05th Dec – Anchor List
06th Dec – Offer Opens
08th Dec – Offer Closes
13th Dec – Finalisation of Basis of Allotment
14th Dec – Unblocking of ASBA
14th Dec – Credit to Demat Accounts
18th Dec – Listing on NSE & BSE


Future Supply Chain Solutions IPO – Issue Information *(FINAL)*

Issue Opens on: 06 December 2017
Issue Closes on: 08 December 2017
Issue Type: Book Built Issue IPO
Issue Size: 97,84,570 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.660 – Rs.664 per Equity Share
Market Lot: 22 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 4,00,56,238 Equity Shares
Offer for Sale of 97,84,570 Equity Shares @upper price band = Rs.649.70 Crores
Equity Shares outstanding after the Issue = 4,00,56,238 Equity Shares

Category-wise Break up:.
Anchor – 29,35,370 Shares = 194.91Crs
QIB – 19,56,914 Shares = 129.94Crs
NII – 14,67,686 Shares = 97.45Crs
RII – 34,24,600 Shares = 227.39Crs (Lot size: 22 = 1,55,664 Forms)

Total Issue – 97,84,570 Equity Shares = 649.70Crs.

Subscription required for 1X
RII = 1,55,664 Forms
NII = 97.45Crs

Interest cost @5%p.a. for 7days = 63.671paise for 1X


Future Supply Chain Solutions IPO – Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.6.37 (Page #84 of RHP)
EPS for FY15-16 >>> Rs.7.34 (Page #84 of RHP)
EPS for FY16-17 >>> Rs.11.24 (Page #84 of RHP)
EPS for H117-18 >>> Rs.8.32 (Page #84 of RHP)

RoNW for FY14-15 >>> 11.3% (Page #85 of RHP)
RoNW for FY15-16 >>> 11.9% (Page #85 of RHP)
RoNW for FY16-17 >>> 15.6% (Page #85 of RHP)
RoNW for H117-18 >>> 10.2% (Page #85 of RHP)

NAV as on March 31, 2017 was Rs.74.81 (Page #85 of RHP)

Peer Group (Page #86 of RHP): Mahindra Logistics

Yes it is a Future Group Company.

Is it belongs to future group? As its looks.

WOW ...

That''s news to me ....

Eagleye mam, can u plz help us all out on few sme ipo''s too, ur analysis and reviews are very helpful to us

Please give your expert advice on PNB housing OFS

Hello All, I am new to this site, please anyone can guide me, if there is any upper slab for buying IPO lot.

latest gray market premium 45-50

425/- rate of gary market in ahmedabad

Very reasonable and attractive price fix 660 -664

Dear sir
Rs.664 is reasonable. Left something on the table for retailers. It is debt free company. So it will subscribe heavily. Allotment is very tough. It will subscribe 18 times in application wise.

Are you sure this is debt free I saw financial there is finance cost

Why financial details not updated?

Pl. Advise about PNB Hsg OFS.

no retail discount
it may go below issue price

As per news reports ofs is above 700cr
As per this price comes above 700

Just as I had guessed in previous message, price band announced, 660-666 as per business standard, lot size 22.

Correction:660-664.

IF IT COMES AROUND RS.750 MEANS THEN PE IS RS.63 FOR THE FINANCIAL YEAR 2017 EPS OF RS11.24. THEN IT REACHES THE VALUE OF MAHINDRA LOGISTICS. NO ADVANTAGE FOR RETAIL INVESTORS. IF IT COMES RS.650 AND BELOW THEN WE HAVE RS.100 PREMIUM ON THE CARD.

Dear patience,
As per your calculation if it comes Rs.690 then we will get premium atleast Rs.50 or 70/= it will reward us. Not like Mahindra or Khadim

Now price fix betwern 660 - 664 so premium will be approx 80 to 90.

Future supply ipo forum par bharat etf kaa discussion ..???
Yeh ho kya raha hai ?

Mr. patience & passion

Please bear with the postings on Bharat 22 etf for 20 hours more as there is no other platform for discussion on this issue.

As reported, it is going to be listed at 10AM tomorrow and there may not be any posting on this issue, thereafter.

Any how, just now SMS is received from NSDL of crediting allotted Units.

Dear psr there is a seprate page for bharat etf at chittorgarh .com