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Future Ventures IPO is a book built issue of Rs 750.00 crores.
Future Ventures IPO bidding started from April 25, 2011 and ended on April 28, 2011. The shares got listed on BSE, NSE on May 10, 2011.
Future Ventures IPO price band is set at ₹10 to ₹11 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹6,600.
Axis Capital Limited, Jm Financial Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the Future Ventures IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Future Ventures IPO RHP for detailed information.
| IPO Date | April 25, 2011 to April 28, 2011 |
| Listing Date | May 10, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹10 to ₹11 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 750,000,000 shares (aggregating up to ₹750.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Future Ventures IPO offers 750,000,000 shares. 375,000,000 (50.00%) to QIB, 112,500,000 (15.00%) to NII, 262,500,000 (35.00%) to RII. 437,500 RIIs will receive minimum 600 shares and (sNII) and (bNII) will receive minimum 18,600 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 375,000,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 112,500,000 (15.00%) | |
| Retail Shares Offered | 262,500,000 (35.00%) | 437,500 |
| Total Shares Offered | 750,000,000 (100%) |
Investors can bid for a minimum of 600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹6,600 |
| Retail (Max) | 30 | 18000 | ₹198,000 |
| Lot Size Calculator | |||
Incorporated in 1996, Future Ventures India Ltd is part of Future Group (led by Kishore Biyani and owners of Future Bazaar, Pantaloons, Central, Big Bazaar, Food Bazaar, Home Town and E-zone).
Future ventures India Ltd is in the business of creating, building, acquiring, investing in and operating innovative and emerging businesses in consumption-led sectors in India. Within the consumption-led sectors, Future ventures has primary focus on opportunities in the business segments of Fashion, FMCG, Food Processing, Home Products, Rural Distribution and Vocational Education.
As of date, company has 13 Business Ventures, six of which are its subsidiaries. Company believes in applying a disciplined investment approach and building strong partnerships with management and promoters.
The objects of the Issue are:
1. To create, build, invest in or acquire, and operate Business Ventures;
2. For general corporate purposes; and
3. To meet the issue expenses and achieve the benefits of listing on the Stock Exchanges.
The Future Ventures IPO is subscribed 1.52 times on April 28, 2011 6:15:00 PM. The public issue subscribed 0.61 times in the retail category, 0.26 times in the QIB category, and 7.81 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.26 |
| NII | 7.81 |
| Retail | 0.61 |
| Total | 1.52 |
CARE has assigned an IPO Grade 3 to Future Ventures IPO. This means as per CARE, company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Read Future Ventures IPO Grading Report
Future Ventures IPO, Future Ventures India IPO, Future Ventures IPO Bidding, Future Ventures IPO Allotment Status, Future Ventures IPO drhp and Future Ventures IPO listing.
| Listing Date | May 10, 2011 |
| BSE Script Code | 533400 |
| NSE Symbol | FCONSUMER |
| ISIN | INE220J01025 |
| Final Issue Price | ₹10 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹10.00 |
| ₹9.50 |
| ₹7.95 |
| ₹9.50 |
| ₹8.30 |
| NSE |
|---|
| ₹10.00 |
| ₹9.00 |
| ₹7.90 |
| ₹9.65 |
| ₹8.20 |
Future Ventures India Ltd
Knowlege House Shyam Nagar,
Off Jogeshwari Vikhroli Lk Rd,
Mumbai - 400060, Maharashtra, India
Phone: +91-22-30842200
Email: investor.care@futureventures.in
Website: http://www.futureventures.in/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: fvil.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Future Ventures IPO is a main-board IPO of 750,000,000 equity shares of the face value of ₹10 aggregating up to ₹750.00 Crores. The issue is priced at ₹10 to ₹11 per share. The minimum order quantity is 600 Shares.
The IPO opens on April 25, 2011, and closes on April 28, 2011.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Future Ventures IPO opens on April 25, 2011 and closes on April 28, 2011.
Future Ventures IPO lot size is 600 Shares, and the minimum amount required is ₹6,600.
You can apply in Future Ventures IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Future Ventures IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Future Ventures IPO allotment status.
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RHP
less tahn promoter holding price.
hold for three year.
Because venture fund invest take time once suceed then grow fast