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Future Ventures IPO to open from April 25, 2011


Future Ventures Limited, a part of the Future Group, is set to launch its Initial Public Offer (IPO), which would open for subscription from Monday, April 25, 2011. Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of Future Group, group subsidiaries are present in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estate development, retail media and logistics

According to the company's website, 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

Future Ventures Limited would remain open for subscription for QIB Investors till Wednesday, April 27, 2011 and for other investors till Thursday, April 28, 2011. Check back Indian IPO Blog for the latest updates on Future Ventures Limited IPO!

3 comments:

  1. really brilliant concept...will definitely invest..

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  2. i have heard a lot of buzz regarding this.....how many hav been sold today ? Would want to buy shares.

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  3. Future Capital Holdings Ltd (FCH), was made at an very very high price of Rs 765 in 2008. The same investment bankers Enam, JM Financial and Kotak Mahindra, who are managing FVIL’s present offer, handled the FCH’s IPO where investors had lost 75% of their money!

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