Indian IPO Blog

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Future Ventures India Limited IPO bid 0.28 times on its opening day

Future Ventures India Limited, which opened for subscription today on Monday, April 25, 2011, got a warm response from the Non-Institutional Investors today with the category getting fully subscribed on the first day of the IPO, although the response from QIB and Retail Category was not so keen on the opening day. Click here for category-wise subscription status on Day 1

Future Ventures, seeks to promote and participate in innovative and emerging business ventures in India. The company intends to play a role in powering entrepreneurship, by promoting or participating in diverse business activities, primarily in “consumption-led” sectors in the country

The IPO would remain open for subscription till Thursday, April 28, 2011. However, in case of QIB Bidders, the issue closes on Wednesday, April 27, 2011. Check back Indian IPO Blog for the latest updates on Future Ventures IPO!

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