Future Supply Chain IPO subscribed 7.38 times on last day

The initial share sale of Future Supply Chain Solutions, the logistics arm of the Future Group, was on Friday subscribed 7.38 times on the last day of bidding, stock exchange data showed. The issue, which aims to garner ~650 crore, received bids for over 50.5 million shares against the total issue size of 6.85 million scrips, data with the National Stock Exchange till 1700 hours show.