Future Supply Chain Solutions initial public offering (IPO), has opened for subscription on December 6. The issue will be closed for subscription on December 8. It has a price band of Rs.660-664 per share.

The public issue will be of 97,84,570 equity shares. This issue comprises an offer for sale of up to 78,27,656 equity shares by Griffin Partners and up to 19,56,914 shares by the promoter, Future Enterprises.

The book running lead managers to the issue are IDFC Bank, IIFL Holdings and YES Securities (India) and the offer will constitute up to 24.43% of the post-offer, paid-up equity share capital.

Further, bids can be made for a minimum of 22 equity shares and in multiples of 22 equity shares thereafter.

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