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Shares of Indian logistics provider Future Supply Chain Solution Ltd rose as much 4.8 per cent on their market debut after the company's Rs 650 crore ($101 million) initial public offering.
At about 10.30 am, Future Supply shares were up 2.56 per cent or Rs 17 at about Rs 681 on the BSE against the issue price of Rs 664. On the NSE, the company's shares were up 2.44 per cent or Rs 16.20 at Rs 680.20.
The issue had seen strong demand with investors bidding for nearly 7.5 times the shares on offer.
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