After opening the day on a positive note, the Indian share markets have continued the momentum and are currently trading comfortably in green. Sectoral indices are trading on a positive note, with stocks in the metals sector and stocks in the FMCG sector witnessing maximum buying interest.

The BSE Sensex is trading up 295 points (up 0.9%) and the NSE Nifty is trading up 92 points (up 0.9%). Meanwhile, the BSE Mid Cap index is trading up by 0.8%, while the BSE Small Cap index is trading up by 1.1%. The rupee is trading at 64.48 to the US$.

In news from stocks in the IPO space. The Rs 6.5-billion initial public offer of Future Supply Chain Solutions was subscribed by over 75% on the second day of the offer. The IPO opened on 6 December with a price band of Rs 660-664 per share.

The issue comprises an offer for sale of up to 7.8 million equity shares by Griffin Partners and up to 2 million shares by the promoter, Future Enterprises.

In all, 2.93 million shares were allocated to 16 anchor investors. The list of anchor investors consisted of prominent names like L&T Mutual Fund Trustee Ltd, Reliance Capital Trustee Company and HDFC Trustee Company, among others.

The Future Supply Chain IPO closes today.

Meanwhile, IPO of Shalby Ltd, Ahmedabad-based multi-specialty hospital chain, was oversubscribed 2.8 times on the final day of the three-day bidding yesterday.

The IPO comprised of a fresh issue of equity shares aggregating up to Rs 4.8 billion and an offer for sale of up to 1 million equity shares by the selling shareholder.

So, are these companies leaving enough money on the table for investors? We’ve released our IPO notes for the above IPOs.You can access the same in our IPO section.

IPO Subscription Times (2017)

One space which tests the investor’s contrarian philosophy is the IPO space. The demand for IPO’s has reached sky-high levels. Avenue Supermarts was the first company this year to cross the 100-time subscription mark swiftly followed by CDSL and Dixon technologies lately, with MAS Financial Services being the newest entrant to the list.