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Shalby to launch IPO next week, fixes price band of Rs 245-248 per share

In 2017, country has seen a record year for IPOs with proceeds from initial share sales topping $11 bn


Indian logistics provider Future Supply Chain Solution's initial public offering (IPO) of shares to raise up to Rs 6.5 billion ($100.9 million) will open next week, adding to what has been a record year for initial share sales in the country. Griffin Partners and India's Future Enterprises Ltd, shareholders of Future Supply Chain Solutions, will sell up to 9.8 million shares in a price range of 660 rupees to 664 rupees each in the IPO that will be open for subscription from December 6 to December 8, according to a public notice. At the upper end of the price band, the IPO ...

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First Published: Tue, November 28 2017. 17:40 IST