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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 Promoters of the company are:
Individual Promoter: Kishore Biyani
Corporate Promoters:
1. Future Capital Investment Private Limited;
2. Future Corporate Resources Limited (erstwhile PFH Entertainment Limited);
3. Future Knowledge Services Limited;
4. Pantaloon Industries Limited; and
5. Pantaloon Retail (India) Limited.
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.
| IPO Opening Date | Apr 25, 2011 |
| IPO Closing Date | Apr 28, 2011 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹10 to ₹11 per equity share |
| Market Lot | 600 Shares |
| Min Order Quantity | 600 Shares |
| Listing At | BSE, NSE |
| Issue Size | 750,000,000 Eq Shares of ₹10 (aggregating up to ₹750.00 Cr) |
The Future Ventures IPO market lot size is 600 shares. A retail-individual investor can apply for up to 30 lots (18000 shares or ₹198,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 600 | ₹6,600 |
| Maximum | 30 | 18000 | ₹198,000 |
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.
The Future Ventures IPO is subscribed 1.52x times on Apr 28, 2011 18:15. The public issue subscribed 0.61x in the retail category, 0.26x in the QIB category, and 7.81x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| QIB | 0.26x |
| NII | 7.81x |
| RII | 0.61x |
| Total | 1.52x |
| Listing Date | Tuesday, May 10, 2011 |
| BSE Script Code | 533400 |
| NSE Symbol | FCEL |
| Listing In | B Group of Securities |
| ISIN | INE220J01025 |
| IPO Price | ₹10 per equity share |
| Face Value | ₹10 per equity share |
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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: http://www.linkintime.co.in
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 equity share. The minimum order quantity is 600 Shares.
The IPO opens on Apr 25, 2011, and closes on Apr 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 Apr 25, 2011 and closes on Apr 28, 2011.
Future Ventures IPO lot size is 600 Shares and the minimum order quantity is 600 Shares.
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, Edelweiss, 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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less tahn promoter holding price.
hold for three year.
Because venture fund invest take time once suceed then grow fast